Strong Growth at Quanmax

Due to the restructuring of the subsidiary S&T, the Austrian IT company could raise earnings and revenues.

May 14, 2012

Quanmax Posted Record Revenues

The Austrian IT copmany achieved record revenues of € 153.2m in fiscal year of 2011. This corresponds to an increase of 90 percent compared to € 80.7m in the previous year.

April 16, 2012

Quanmax Achieves Record Turnover in 2011

The Austrian software company achieves turnover of € 150m after € 81m in 2010. Profits of € 7.0m are recorded. S&T generates revenues of approximately € 50m with a slight profit margin.

March 12, 2012

Vienna Stock Exchange: Winners and Losers (2012-02-04)

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

February 4, 2012 · Updated: February 4, 2012; 10:39

S&T Aims to Achieve Turnaround in 2012

The Austrian information technology service provider wants to return to the profit zone. In 2012, turnover should reach € 220m at least.

December 14, 2011

Ambitious Restructuring Plans for S&T

After serious troubles in 2010 and 2011, the Viennese software consulter should leave the red zone next year. The new CEO, Hannes Niederhauser, is cautiously optimistic.

December 5, 2011

Quanmax Increases Share Capital

The Austrian distributor of IT products will use the proceeds for the acquisition of S&T. The management and major core shareholders guarantee 90% of the capital increase.

December 1, 2011

Quanmax Raises Targets for 2011

The Austrian distributor of IT products benefits from the acquisition of S&T. Target turnover for the fiscal year has been revised to € 150m.

October 28, 2011

S&T Signs Partnership with Quanmax

A Term sheet on investor participation between the two Austrian IT-companies has been signed.

September 5, 2011

Revenue Growth by 30% for Quanmax

In the first quarter 2011, the Austrian IT company Quanmax could improve its results significantly.

April 28, 2011

Good Prospects for Quanmax

The Austrian distributor of IT products could increase its profit. This year, the sales target is € 100m for the first time.

April 1, 2011

Quanmax AG Achieves Record Sales

Sales revenues of the Austrian notebook manufacturer amounted to € 78m in 2010. For 2011, the company expects € 100m.

February 8, 2011
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