High Tech Industries Achieves Turnaround

IndustrialsIndustrial Goods ♦ Published: April 29, 2011; 07:09 ♦ (Vindobona)

HTI High Tech Industries AG ("HTI"), currently listed in the mid market of the Vienna Stock Exchange, generated significant earnings growth in the first quarter of 2011.

High Tech Industries Achieves Turnaround / Picture: © Vindobona.org

HTI was able to increase its sales by 10.5% over the first quarter of the previous year (Q1 2011: € 52.9m; Q1 2010: € 47.9m), achieving a positive net result of € 0.8m (Q1 2010: € -1.7m). The profit for the first quarter of 2011 increased therefore in absolute terms by € 2.5m over the same period last year. This shows that the positive trend of the previous year continued in…