Frauenthal: Turnaround in 2010 Completed

Industrials › Industrial Goods ♦ Published: April 1, 2011; 07:11 ♦ (Vindobona)

Revenue was up by 19% to € 539.4 m (m). Profits rose from € -29.4m to € +17.4m.

Frauenthal: Turnaround in 2010 Completed / Picture: © Vindobona.org

Frauenthal Holding AG announced preliminary results for 2010 in mid-February 2011. The supervisory board today approved the company's 2010 annual financial statements. Consolidated revenue was up by 19% to € 539.4m. EBITDA rose to € 34.3m due to revenue growth and the improved cost base, as well as good capacity utilisation in the Automotive Components Division. Frauenthal posted a…

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