Fabasoft in the Black Zone

CompaniesTechnology ♦ Published: November 12, 2011; 14:45 ♦ (Vindobona)

The Austrian software manufacturer reports improving sales and earning figures. Cash flow turned into positive.

Fabasoft in the Black Zone / Picture: © Fabasoft

Sales revenues amounted to € 5.4 m during the second quarter (July 2011 – September 2011) of the fiscal year 2011/2012 (€ 5.0 m in the same period of the previous year). The EBIT of the second quarter amounted to € 0.4m (€ -0.3m in the same period of the previous year). In the first half year of 2011, sales increased to € 10.9m (after € 10.2m in 2010).

EBITDA…