Miba Increases Both Sales and Earnings

Industrials › Industrial Goods ♦ Published: December 10, 2010; 11:49 ♦ (Vindobona)

At € 313.7m, revenue of the Austrian component supplier is up 37 percent from the previous year. Number of employees of the Miba Group up by 20 percent.

Miba Increases Both Sales and Earnings / Picture: © Miba

In the first three quarters of the current business year 2010-2011 (February 1 to October 31), Miba, strategic partner to the international engine and automotive industry, generated Group sales in the amount of € 313.7m. This means an increase of 37.4 percent compared to the same period in the previous year. Earnings before interest and taxes (EBIT) also reflected the economic upturn,…

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