Beko: Sales Drop by 15%
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The Austrian IT company Beko Holding AG has to accept sensitive decreases in sales and profits.
Beko: Sales Drop by 15% / Picture: © BEKO Engineering & Informatik GmbH & Co KG
The sales of the stock exchange listed IT services provider Beko fall, compared with the same period of last year, by 15% or € 41.2m to € 230.4m. Missed targets required the correction of sales, earnings and growth plans of the divisions and led to impairment of the value of the firm of € 10.2m. As a result, in spite of a significantly improved EBITDA, the operating income is…
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