HTI Records Mixed Results

IndustrialsIndustrial Goods ♦ Published: April 30, 2012; 16:42 ♦ (Vindobona)

The Austrian High Tech Industries AG could raise revenues by 7.2% to € 207m. Net results stood at € -2.2m.

HTI Records Mixed Results / Picture: © HTI

HTI High Tech Industries AG ('HTI'), listed at the prime market at the Vienna Stock Exchange, looks back on further upwards development in the business year 2011. Nevertheless, the company still records losses.

Consolidated revenues in the year 2011 increased by 7.2% from € 193m to € 207 m. The compared to last year further improved cost structure of HTI beyond that led to an…