Pankl: Operating Profits Rising

IndustrialsIndustrial Goods ♦ Published: March 22, 2011; 00:00 ♦ (Vindobona)

Pankl Racing Systems AG confirms preliminary figures for the 15-month period 2009/10. EBIT doubled. sales remained stable.

Pankl: Operating Profits Rising / Picture: ©

In the extraordinary shareholder meeting held on 29 July 2010, the resolution was passed to change the balance sheet date from 30/9 to 31/12. In future, the fiscal year of Pankl Racing Systems AG will start on 1 January and end on 31 December (before: 1 October until 30 September).

EBIT doubled despite flat revenues In the 15 months of the reporting period 2009/10, revenues…