New Record Results for Montana Tech Components

Businessn.a. ♦ Published: November 23, 2012; 23:07 ♦ (Vindobona)

The Switzerland-based industrial group Montana Tech Components AG (MTC-Group) recorded an increase in turnover by 10%. EBITDA was up by 33%.

New Record Results for Montana Tech Components / Picture: © Global Equity Partners / Press Photo

The consolidated turnover of the MTC-Group increased during the first three quarters by 10% from € 299m to € 328m. The growth in turnover was driven by a strong sales volume of all three divisions.

The EBITDA increased in the first nine months 2012 by 33% from € 40m to a new record level of € 53m. This resulted in a new record level of the EBITDA from 16,3% (after 13,5%).…