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Pankl

Pankl Performs Outstandingly

In the first six months of 2012, revenues were up by 25%, EBIT grew by 45%. Pankl announces an “excellent development of the Austrian aerospace subsidiary”.

August 20, 2012

Pankl: Cross Industries Extends Takeover Bid

CROSS Motorsport Systems AG to extend the bid to the shareholders of Pankl Racing Systems AG.

July 24, 2012

Sikorsky and Pankl enter into new long Term Supply Agreement

Austrian Pankl Aerospace Systems wins first Sikorsky Entrepreneurial Challenge.

July 23, 2012

Pankl: Major Contract of U.S. Subsidiary

Pankl Racing Systems AG - Sikorsky and Pankl Aerospace Systems enter into new long term supply agreement (Multi-Year VIII Contract).

June 22, 2012

Cross Industries AG and KTM AG Taken Over

Pierer GmbH indirectly takes control over Crosss Industries AG and KTM AG Syndicate agreement between Knünz GmbH and Pierer GmbH triggers obligation of Cross KraftFahrZeug Holding GmbH to make a mandatory bid .

June 14, 2012

Refunding at Pankl

The Austrian automotive company Pankl takes a € 20m loan in order to redeem a ULSG credit early.

June 1, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-02)

Daily News-Flash from Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.

May 2, 2012 · Updated: May 2, 2012; 13:05

Cross Industries Still in the Red

Due to interest expenses, the Austrian industrial holding company recorded losses of € 4.5m after € 4.8m in 2010.

April 30, 2012

Pankl Achieved Record Results

The Austrian automotive component supplier recorded excellent results: in the first quarter of 2012, revenues were up by 25% to € 36.5m. EPS rose by 34%.

April 30, 2012

Pankl Announces Strong Earnings Growth

The Austrian automotive component supplier achieved a 17% growth rate in revenues. EBIT was up by 85%.

March 19, 2012

Strong Rise in Profits for Pankl

The Austrian producer of automotive and aeronautic components expects further revenues growth and EBIT improvement in 2012.

February 20, 2012

Pankl Takes Over German Automotive Company

The Austrian automotive and racing company Pankl acquires the German specialist Huber, which is located in Munich.

January 11, 2012

Strong Results for Pankl Racing Systems

The Austrian supplier of racing and aerospace systems could improve revenues, earnings as well as profits significantly.

November 21, 2011

Vienna Stock Exchange: Winners and Losers (2011-10-21)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

October 21, 2011

Pankl: Earnings Nearly Tripled in Q2

The Austrian component supplier increased revenues by 14.7% in the first six months of the year. EBIT improved by 55% from € 3.1m to € 4.8m.

August 22, 2011

Changes in the Management Board of Pankl

The Austrian component supplier extended the contract of CEO Wolfgang Plasser for further five years. Josef Faigle will succeed Alfred Hörtenhuber as COO.

August 1, 2011

Pankl Acquires US-Based Superior Crankshaft

The Austrian component supplier takes over 100% of the American crankshaft producer which was also founded by Gerold Pankl.

July 27, 2011

Pankl Announces Earnings and Sales Growth

Pankl Racing Systems AG records a 13.6% increase in revenues. EBIT improved by 40% from € 2.5m to € 3.5m.

May 16, 2011

Pankl: Operating Profits Rising

Pankl Racing Systems AG confirms preliminary figures for the 15-month period 2009/10. EBIT doubled. sales remained stable.

March 22, 2011

Pankl Racing Systems AG: Doubling Profits, Stagnating Sales

The Austrian component supplier´s EBIT doubled both in the 12-month and 15-month periods. In 2011, Pankl intends to raise sales by 10%.

February 22, 2011

Pankl: Acquisition of US-company

The Austrian technology company Pankl Racing Systems AG increases its stake in Californian aerospace subsidiary from 75% to 100%

January 29, 2011

Pankl Announces 2009/10 Results

The Styrian Engineering Company records a slight fall in revenues. EBIT grew by 94%.

November 22, 2010

Pankl Announces Results for 2009/10

The Styrian company Pankl Racing Systems AG presented its preliminary results for the 12-Month period in fiscal year 2009/10. Revenues grew by 20.5 percent in Q4.

November 11, 2010