Strong Sales Forecast for BWT

CompaniesTechnology ♦ Published: February 11, 2011; 02:58 ♦ (Vindobona)

The Austrian water technology specialist counts on large sales growth rates for 2010 and 2011.

Strong Sales Forecast for BWT / Picture: © Vindobona.org

In an interview with the "BörseExpress", BWT investor relations representative Ralf Burchert says that the share repurchase that has taken place was also for the benefit of the shareholders. The share price should stabilize and the profits per share increase.

Gearing is at 15%, creating room for further investment without need to borrow. At the Austrian location, expansion…