Highly Satisfying Results for Polytec

Industrials › Automotive ♦ Published: May 11, 2011; 09:47 ♦ (Vindobona)

The Austrian component supplier could definitively leave the crisis behind. EBITDA rose more than four-fold.

Highly Satisfying Results for Polytec / Picture: © Polytec

In the first three months of 2011, the company was able to report an increase in both sales and earnings. Group sales rose by 21.9% to € 200.8 m in the first quarter 2011.

This significant growth is still attributable to the solid market development of the series-production business, which was mainly driven by the consistently strong sales development of the German OEMs in the…

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