Rise in Sales and Profits for Linz Textil

People ♦ Published: May 2, 2011; 06:50 ♦ (Vindobona)

"Our profits did not just rise, they exploded", CEO Dionys Lehner stated.

Rise in Sales and Profits for Linz Textil / Picture: © Vindobona.org

Linz Textil AG announced satisfying results for 2010. Sales could achieve an increase by 20% and amounted to € 150m. Profits per share rose from € 7.04 to € 32.47. The dividend will account for € 12.00, after € 6.00 in 2010. As a result, equity capital surpassed the € 100m mark for the first time. The equity ratio is at 78.47%, and there are no bank loans, Lehner…

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