AutoBank‘s Figures Slightly Negative

Published: April 13, 2011; 06:47 · (Vindobona)

The Austrian specialist bank could improve its results and market position slightly. The forecasts were exceeded, according to AutoBank.

AutoBank‘s Figures Slightly Negative / Picture: © Autobank AG

AutoBank AG, and group and brand independent full-service bank with focus on financing cars and auto dealers, achieved an almost balanced net income in 2010 with € -0.04m (after taxes), compared with € -1.0m in the previous year. With these figures, AutoBank AG for the IPO surpassed the forecasts communicated in November 2010 by around € 0.5. The operating result also has also…

This article includes a total of 211 words.

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