Fabasoft: Decrease in Sales and EBIT

CompaniesTechnology ♦ Published: February 12, 2011; 00:08 ♦ (Vindobona)

The Austrian Fabasoft AG announces preliminary figures for the first nine months of the fiscal year 2010/2011

Fabasoft: Decrease in Sales and EBIT / Picture: © Fabasoft

The Frankfurt Stock-Exchange listed Fabasoft AG announces preliminary Group figures for the first nine months of the fiscal year 2010/2011.

Sales revenue accounted for € 15.7m (€ 15.9m in the first nine months of the fiscal year 2009/2010). EBITDA decreased from € 2.0m in Q1-Q3 2009/10 to € 0.7m. Fabasoft´s EBIT was negative in the first nine months of 2010 (€ -0.3m),…