Decrease in Profits for Austrian State Printing House

IndustrialsIndustrial Goods ♦ Published: November 21, 2011; 14:48 ♦ (Vindobona)

The Austrian state printing house (OeSD) announces that in the first half year sales rose slightly. Earnings and profits declined.

Decrease in Profits for Austrian State Printing House / Picture: © Vindobona.org

According to OeSD, the first half year of 2011/12 was coined by a strong domestic demand. Moreover, new projects from foreign countries could be gained.

In the first six months of the current business year, revenues amounted to € 23.7m, which is a rise of € 0.3m against the reference period 2010/11. Domestic revenues amounted to 19.1m (€ -1.5m). This decline is due to the…