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Significant Growth in Earnings for Frauenthal Group
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Published: November 25, 2011; 13:53 ♦ (Vindobona)
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The Austrian component supplier reported growing revenue for the period from January to September. EBIT increased by 26.5% to € 18.6m.
Growth in Earnings for Frauenthal Group / Picture: © Vindobona.org
The Frauenthal Group achieved growth in revenue and earnings in the first nine months of the year. Group year-on-year revenue growth of € 46.9m or 11.8% was powered by an upturn of € 43.6m or 31.8% in the revenue contribution of the Automotive Components Division. Revenue in the Wholesale Plumbing Supplies Division also advanced, by € 4.3m or 2.1%, despite a strong comparative…
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