TeleTrader in the Red

CompaniesTechnology ♦ Published: May 12, 2011; 07:27 ♦ (Vindobona)

TeleTrader increases its sales again by around 5.7%, but net earnings are impacted negatively by investments in data and infrastructure with € -0.155m.

TeleTrader in the Red / Picture: © TeleTrader

Sales for approximately € 1.730 m were recorded in the first quarter of 2011. This is 5.7% above the comparable value of the previous year and just 2.4% above the planned figures for the first quarter of 2011. Sales are slightly more than 6% above the projected figures for 2011 in the TeleTrader Professional Workstation division, just below the previous year’s level. In the…