AWD Austria Records Losses

Professional ServicesFinancial Services ♦ Published: March 5, 2011; 00:14 ♦ (Vindobona)

The Swiss/German financial consulter could not manage the turnaround in 2010.

AWD Austria Records Losses / Picture: © AWD

In 2010, the financial advisor company AWD Austria had to report operating losses amounting to € 4.5m. In 2009, EBITDA was € -42.3m. "Our target remains profitability", AWD Austria announced. The german consulting group is integrated in the Swiss insurance company Swiss Life. Turnover grew by 9.4% up to € 74.8m.

AWD Germany could realize profits accounting for € 49.1m.…

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