Pankl Performs Outstandingly

Businessn.a. ♦ Published: August 20, 2012; 14:11 ♦ (Vindobona)

In the first six months of 2012, revenues were up by 25%, EBIT grew by 45%. Pankl announces an “excellent development of the Austrian aerospace subsidiary”.

Pankl Performs Outstandingly / Picture: © Pankl

Positive development continues – Revenues +25%, EBIT +45%

Pankl Group was able to improve all earnings indicators considerably compared to the same period last year. Revenues increased by 25% from €54.9m to €68.7m. Both segments (Racing/High Performance and Aerospace) contributed to this positive development. EBIT improved even by 45% from €4.8m or 9% of…