S&T AG / sustaining strong growth

Press Wire ♦ Published: May 6, 2015; 07:00 ♦ (Vindobona)

S&T AG further accelerated its growth in the first three months of financial year 2015. Sales came to EUR 92.8 million, as opposed to EUR 79.2 million in the first quarter of 2014, corresponding to a rise of 17%. This growth stemmed from the entry undertaken in 2014 in the Appliances Smart Energy segment and from the strong improvement in business registered by the Appliances Security segment.

S&T AG / sustaining strong growth / Picture: © Vindobona.org

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quarterly report

* Sales rise a strong 17% to EUR 92.8 million (PY: EUR 79.2 million)
* EBITDA increases by 22% to EUR 5,8 million (PY: EUR 4,8 million)
* Technology products catapult gross margin to 36.1% (PY: 32.5%)

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AT0000A0E9W5