Losses at High Tech Industries

IndustrialsAutomotive ♦ Published: May 30, 2012; 19:54 ♦ (Vindobona)

After slower first quarter 2012 a balanced result for the whole year 2012 is expected at the Austrian component supplier. Revenues declined, losses totaled € 4.3m.

Losses at High Tech Industries / Picture: © Vindobona.org

HTI High Tech Industries AG (‘HTI’), listed at the prime market of the Vienna Stock Exchange, again reports on increases in new orders after a generally slower economic development in the first quarter 2012. Due to the economic uncertainties that burdened the consumption- and investment behavior and consequently the order situation of the HTI Group starting with the fourth quarter…