Fabasoft Announces Figures for the First Half of 2010

CompaniesTechnology ♦ Published: November 12, 2010; 14:58 ♦ (Vindobona)

Fabasoft AG announces preliminary Group figures for the first half of the fiscal year 2010/2011. Slight losses are expected.

Fabasoft Announces Figures for the First Half of 2010 / Picture: © Fabasoft

Sales revenue amounted to € 10.2m after € 10.3m in the first half of the fiscal year 2009/2010. Fabasoft recorded a significant decrease in EBITDA: € 0.5m (€ 1.3m in the first half of the fiscal year 2009/2010). Fabasoft´s EBIT is negative and anncounts for € -0.2m. The result of the first half year of 2009/2010 was € 0.6m.

Cash flows from operating activities…