Significant Drop in Earnings for BWT

IndustrialsIndustrial Goods ♦ Published: November 11, 2011; 10:15 ♦ (Vindobona)

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: © BWT

"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…