BWT Records strong Increase in Sales and EBIT

IndustrialsIndustrial Goods ♦ Published: February 26, 2011; 00:23 ♦ (Vindobona)

The Austrian Water Technology company posts an increase in sales by 15%. EBIT grew by 17.4%.

BWT Records strong Increase in Sales and EBIT / Picture: © BWT

The earnings target of BWT Group in the year 2010 to compensate for the extraordinary gain of € 4.5m from the sale of a participation realized in 2009 by considerably increasing EBIT was met. In the year 2010, consolidated Group sales of BWT grew by 15.0% to € 460.7m. The new pharma companies, BWT UK and the Point-of-Use (PoU) business particularly contributed to overall growth, PoU…