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: © Vindobona.org

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…

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