Negative Results for S&T

Published: October 22, 2011; 15:02 · (Vindobona)

The Austrian IT service provider S&T had to report losses in the third quarter of 2011. Sales were below expectations.

Negative Results for S&T / Picture: © Vindobona.org

S&T´s turnover in the third quarter of 2011 reached € 60.3m, which is significantly below the initial expectations as well as the third quarter of 2010 (€ 75.6m). Thus, the decrease is not less than 20.2%. From January to September 2011, the turnover of the Viennese IT consulter was € 191.6m (-15.6% against the reference period of 2010).

According to S&T, the main…

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Negative Results for S&T

The Austrian IT service provider S&T had to report losses in the third quarter of 2011. Sales were below expectations.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.