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S&T AG: further strong growth in sales and an even greater increase in profitability in Q1 2016
Press Wire ♦
Published: May 4, 2016; 06:55 ♦ (Vindobona)
S&T AG (www.snt.at) was able to set forth in the first quarter of financial year 2016 the course of growth foreseen by its corporate plans. The sales for the first quarter increased by 4% to EUR 96.4 million (the first quarter of 2015: EUR 92.8 million). This caused EBITDA to rise 8%, going from EUR 5.8 million to EUR 6.3 million. This is attributable to the reduction of expenditures achieved in the smart energy segment. Consolidated income for the first quarter rose to EUR 3.2 million (PY: EUR 2.7 million). As had been the case in the first quarter of 2015, earnings per share came to 6 cents.
S&T AG: further strong growth in sales and an even greater increase in profitability in Q1 2016 / Picture: © Vindobona.org
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Subtitle: - Sales grow by 4% to EUR 96.4 million (PY: EUR 92.8…
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