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phion AG - results of financial year 2009/10

Published: May 18, 2010; 00:00 · (Vindobona)

IT security specialist phion - the majority of which was acquired by US group Barracuda Networks - was partly affected by reluctance of medium and large companies to invest in IT security.

- Due to a difficult market situation, EBITDA is €-2.34m
- Restructuration in the web application security area leads to high non-scheduled depreciation with a strong impact on EBIT
- Barracuda Networks plans to strengthen the position of Innsbruck and to make additional investments

IT security specialist phion - the majority of which was acquired by US group…

This article includes a total of 340 words.

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