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S&T AG achieves rises in sales and earnings in the first six months of 2015 - gross margin increasing strongly
Press Wire ♦
Published: August 5, 2015; 07:42 ♦ (Vindobona)
S&T AG (www.snt.at) was able to accelerate its growth of sales and earnings in the second quarter of 2015. Sales increased to EUR 95.4 million, as opposed to EUR 85.6 million in the previous year's period of comparison, corresponding to a rise of 11.5%. Corresponding to the growth in sales, gross margin rose even more strongly, climbing to EUR 35.5 million (37.2%), as opposed to EUR 28.5 million (33.3%) in 2014. The growth joined with the costs whose increase arose from the entry into the smart energy market in enabling the achieving of an EBITDA of EUR 5.0 million, as opposed to EUR 5.2 million in the previous year. The consolidated income amounted to EUR 3.3 million, as opposed to EUR 2.5 million in 2014.
S&T AG achieves rises in sales and earnings in the first six months of 2015 - gross margin increasing strongly / Picture: © Vindobona.org
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6-month report
* Sales rise by 14% to EUR 188.2 million (PY: EUR 164.8 million)
* Gross margin increases to 36.6% (PY: 32.9%)
* Consolidated income rises by 21% to EUR 6.0 million (PY: EUR 4.9 million)
* Orders backlog grows even…
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