Strong Results for Pankl Racing Systems

Companies › Technology ♦ Published: November 21, 2011; 11:44 ♦ (Vindobona)

The Austrian supplier of racing and aerospace systems could improve revenues, earnings as well as profits significantly.

Strong Results for Pankl Racing Systems / Picture: © Pankl

The positive H1 business development continued into the quarter, which is traditionally a weak quarter in terms of revenues and earnings. In Q3, Pankl Group achieved revenues of € 24.2m, 19.3% more than in the same period last year (2010Q3: € 20.3m). In the first 9 months of the fiscal year 2011, revenues increased by 16.1% from € 68.1m to € 79.1m. Revenues grew in the racing…

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