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FACC AG / FACC AG closes the first half of 2015/16 with continuous solid revenue growth and noticeable improvement in earnings
Press Wire ♦
Published: October 22, 2015; 08:02 ♦ (Vindobona)
In the first half of 2015/16, revenues amounted to EUR 270.1 million (comparative period in 2014/15: EUR 235.9 million). This growth in revenues was mainly driven by the increase in product revenues from EUR 212.8 million as of 31 August 2014 to EUR 247.3 million as of 31 August 2015, while revenues related to development services remained stable at EUR 22.8 million in the period under review (comparative period in 2014/15: EUR 23.1 million).
FACC AG / FACC AG closes the first half of 2015/16 with continuous solid revenue growth and noticeable improvement in earnings / Picture: © Vindobona.org
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Mid Year Results/6-month report
22.10.2015
- Product revenues 16.2 % above the previous year's figure
- Earnings improvement (EBIT) of EUR 20.5 million.
- Robust firm order backlog of USD 5.2…
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