Declining Profit for Doppelmayr

Companies ♦ Published: December 2, 2011; 10:50 ♦ (Vindobona)

The Austrian ropeway manufacturer achieved a slight plus in turnover. The group result dropped by 11%.

Declining Profit for Doppelmayr / Picture: ©

In the business year 2010/11, which ended on 31 March, the Vorarlberg-based Doppelmayr Group built 126 ropeways and obtained an annual turnover of € 618.2m. This marks an increase of 2.5% compared to the previous year’s turnover of € 603.2m. Profit from operations increased by 22.1% to € 86.2m (€ 70.6m). The overall group result, however, declined from € 83.2m to € 74.0m,…