Decline in Sales for Salzburg AG

CompaniesMedia ♦ Published: April 13, 2011; 07:52 ♦ (Vindobona)

The Salzburg AG for energy, transport and telecommunications could hold its profits stable despite falling sales.

Decline in Sales for Salzburg AG / Picture: © Wikimedia Commons / Pemolo [CC BY-SA 3.0 at (https://creativecommons.org/licenses/by-sa/3.0/at/deed.en)]

Sales of Salzburg AG fell last year by € 104.8m to a total of € 1,432.5m, a slight decline for the first time in recent years. The profit on ordinary activities (EBT) rose by € 2.3m to € 35.9m, the net profit remained unchanged and the equity ratio rose from 49.9% to 51.0%.

In the area of telecommunications, the number of cable television customers grew by 9% to 109,136,…