Miba AG makes a strong start to the new business year
Published: June 11, 2010; 00:00 · (Vindobona)
Miba, strategic partner to the international engine and automotive industry, had a strong start to the new business year.
Miba AG makes a strong start to the new business year / Picture: © Miba
Results and new orders significantly surpassed expectations in the first quarter.
Group sales increased during the first quarter of 2010-2011 (February 1 to April 30) to €98.0 million, a 31.9 percent rise from the same period the previous year. Sales have thus nearly returned to the level of the strong first quarter of 2008.
Earnings before interest and taxes (EBIT)…
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