Pankl Announces Results for 2009/10

CompaniesTechnology ♦ Published: November 11, 2010; 12:42 ♦ (Vindobona)

The Styrian company Pankl Racing Systems AG presented its preliminary results for the 12-Month period in fiscal year 2009/10. Revenues grew by 20.5 percent in Q4.

Pankl Announces Results for 2009/10 / Picture: ©

In the fiscal year 2009/10, revenues of Pankl group amounted to € 87.6m, which was 1.6% below the value of the previous fiscal year. In 2009/10H1, the group was affected by the difficult economic environment and suffered declines in revenues and earnings. In the second half of the fiscal year the group experienced growth in the high performance division and a…