Sales Increase at Frauenthal

Businessn.a. ♦ Published: February 16, 2011; 00:32 ♦ (Vindobona)

The Austrian component supplier, which is listed on the Viennese Stock Exchange, could improve its financial data moderately.

Sales Increase at Frauenthal / Picture: ©

In 2010, The Frauenthal Group experiences an upward trend again. The company pushed its sales by 19% up to € 539m. The group´s EBIT is expected to amount to € 21.5m. In 2009, Frauenthal had to report significant losses. As a result, the company had to restructure ifself.

EBITDA in the Automotive Components segment accounted for € 34m (€ +40m) and could thus reach a…