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Frauenthal Announces Results for Third Quarter of 2010
The process of consolidation at the Frauenthal Group continued according to schedule in the third quarter: revenues increased by 17.8%.
Frauenthal Announces Results for Third Quarter of 2010 / Picture: © Vindobona.org
Revenue for the first three quarters was up on the like period of 2009 by € 59.9m, or 17.8%. The Frauenthal Group posted a cumulative profit after tax of € 9.3m. At € 14.7m, cumulative EBIT surged by € 36.7m compared with the comparative period of 2009. All three divisions made positive contributions to this very satisfying performance. The Automotive Components Division…
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