Strong Growth at Quanmax

CompaniesTechnology ♦ Published: May 14, 2012; 14:37 ♦ (Vindobona)

Due to the restructuring of the subsidiary S&T, the Austrian IT company could raise earnings and revenues.

Strong Growth at Quanmax / Picture: ©

Quanmax AG announced figures for the first quarter of 2012. Due to the planned business development of the S&T Group as well as the Appliances business that has shown strong growth, a turnover of € 78.1m (€ 21.0m in the previous year) could be achieved.

With a sales of € 51.7m (0m in the previous year), the S&T Group contributed to this strong growth in sales. The…

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