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Significant Drop in Earnings for BWT
The Austrian water technology company registered a 41% drop in EBIT during the third quarter, despite an increase in revenue of 5%.
Drop in Earnings for BWT / Picture: © Vindobona.org
"We grew sales by 7% organically and in Point of Use by 22% until the end of the third quarter and are also keeping our balance sheet healthy – despite big investment and rocky economic conditions. The first rank with the Upper Austrian Innovation Award for BWT for the superior Magnesium Mg2+ technology and the table water advertisement campaign in Germany and Austria were…
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