Hirsch Servo Reports Improvements, but Still Losses

Published: February 26, 2011; 00:35 · (Vindobona)

Sales rose by 20%, the EBIT could turn into black. However, profit after taxes are still negative.

Hirsch Servo Reports Improvements, but Still Losses / Picture: © Hirsch Servo

Hirsch Servo states: “We have been seeing an improvement in the economic environment over the past two quarters, which was reflected in better capacity utilization in the first half of fiscal 2010/11 than the same period the previous year, both in the EPS Processing and Technology business segments.”

The economic upswing observed led to increased demand from customers,…

This article includes a total of 681 words.

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