Beko: Sales Drop by 15%

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…