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S&T Announces Group Results - Down in the Red

Published: April 30, 2011; 09:05 · (Vindobona)

Consolidated revenues of the S&T Group in 2010 amounted to € 351 m, down from € 385 m in the previous year.

S&T Announces Group Results - Down in the Red / Picture: © Flickr

It is important to note that the subsidiaries in Ukraine and Moldova were sold in the first quarter of 2011, and thus the comparative figures for 2010 were reduced by the corresponding amounts (discontinued operations).

The profit from operations in 2010 totalled minus € 17 m, and includes all the restructuring measures carried out during the year. The difference between the…

This article includes a total of 536 words.

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