Positive Half-Year Results for A-Tec

Companies › Technology ♦ Published: August 11, 2011; 23:27 ♦ (Vindobona)

The Austrian conglomerate achieved a net profit of € 24.6m in the first six months of the year. Revenue increased by 15.8%.

Positive Half-Year Results for A-Tec / Picture: © A-Tec

Mirko Kovats’ A-Tec Industries reported its half-year results on Thursday. The group, which is currently in negotiations with potential investors, recorded a significant increase in revenue and was able to return to black figures in the first half of 2011. Revenue grew by 15.8% and totaled € 808.1m. Group EBIT increased by 22.9% to € 32.70 (after € 26.6m) due to lower…

or Log In

Fast News Search
Related News
Sale of A-Tec Imminent – Mirko Kovats Attacks Politicians and Banks (August 11, 2011)
ATB Returns to Profitability (August 10, 2011)
Penta Is Extending Offer for A-Tec (July 28, 2011)
House Searches at A-Tec’s Management (July 20, 2011)
A-Tec: Kovats Wants to Stay on Board (July 15, 2011)
A-Tec Received Binding Offers from Investors (July 1, 2011)
Read More
ATec, Mirko Kovats, High Tech Industry, Restructuring, Earnings
Featured
See latest Vindobona Newsletter
Sponsored