Profit Decline for BWT

Published: May 6, 2011; 15:48 · (Vindobona)

Results of the first three months 2011: Sales +3.2% to € 115.6 m, EBIT -20.2% to € 6.2 m, net income -33.8% to € 3.6 m

Profit Decline for BWT / Picture: © BWT

In the first quarter 2011, consolidated Group sales of BWT grew by 3.2% from € 112.0 m to € 115.6 m. The recent consolidation of the zeta Group in particular had a dampening effect on growth, organic revenues growth for the BWT Group was 6.1% in Q1.

Effects arising out of zeta, additional marketing expenses and declining earnings in Italy / Spain had their mark on the results…

This article includes a total of 286 words.

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