SW Umwelttechnik Still in the Red

CompaniesTechnology ♦ Published: May 25, 2011; 14:53 ♦ (Vindobona)

The Austrian technology company reported a slight increase in revenue. EBIT improved from € -2.9m to € -2.5m.

SW Umwelttechnik Still in the Red / Picture: © SW Umwelttechnik

Despite the challenging market situation in CEE SW Umwelttechnik was able to increase its revenue by 4% in the first quarter 2011 and to improve the group result. Clients from industry and trade are – as expected – still reluctant.

Despite the slow restarting of projects in Hungary and Romania an increase in group revenue of 4% has been achieved. Revenue by the end of March…