Polytec Group Continues Upward Trend

Industrials › Automotive ♦ Published: November 3, 2010; 15:15 ♦ (Vindobona)

The Upper-Austrian automotive component supplier is able to record rising earnings also in Q3 2010.

Polytec Group Continues Upward Trend / Picture: © Polytec

The positive dynamic business trend registered in the previous reporting periods also continued in the third quarter 2010, with group sales showing considerable growth of roughly 30% to EUR 184.4 million. In the first nine months of 2010 this increase amounted to 26.9% or EUR 116.5 million. Group EBITDA also showed a favorable development in the third quarter 2010, rising to EUR 13.6…

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