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Strong Rise in Profits for Pankl
The Austrian producer of automotive and aeronautic components expects further revenues growth and EBIT improvement in 2012.

Pankl presented preliminary figures for 2011 today. Consolidated revenues increased by 17% to € 105.4m. EBIT increased by 85% to € 7.0m or 7% of revenues. "These figures again confirm the sustainable upward trend which the Group experiences", the company emphasized.
According to Pankl the major factors were the favourable development of the automotive industry resulting in…
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