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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)…

This article includes a total of 579 words.

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