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Supply Industry

Polytec: Drastic Decrease in Sales and Earnings

Today, the Austrian component supplier has published its results for the first six months of 2012. Due to the sale of the interior segment last year, EBIT and sales were down remarkably.

August 8, 2012

Polytec: Lower Revenues Anticipated

The Austrian automotive component supplier will present its half-year results next Wednesday. Erste Group and RCB (Raiffeisen Centrobank) expect lower earnings.

August 6, 2012

Austria-Korea Automotive Technology Days

From 14. November 2012 to 16. November 2012, Austrian automotive suppliers present themselves in Seoul.

June 30, 2012

Frauenthal to Expand Further

The Austrian automotive component supplier wants to raise revenues by € 200m through acquisitions.

June 20, 2012

Montana Tech Components Achieves Record Results

The Swiss-based MTC Group could reach a new record in revenues and earnings.

June 16, 2012

Schmidt Retires as CEO of ATB

ATB Austria Antriebstechnik AG Christian Schmidt retires as CEO of the ATB Austria Antriebstechnik and joins the Supervisory Board of the Company Vienna, June 8, 2012.

June 8, 2012

Good Start for Miba

The Austrian automotive component supplier achieved a substantial rise in revenues and profits in the first quarter of 2012/13.

June 8, 2012

„India and China are not the Problems“

Voestalpine´s CEO Wolfgang Eder thinks that competitors from Turkey, Russia and Ukraine may become problematic for the European steel industry.

June 5, 2012

Losses at High Tech Industries

After slower first quarter 2012 a balanced result for the whole year 2012 is expected at the Austrian component supplier. Revenues declined, losses totaled € 4.3m.

May 30, 2012

Record Results at SBO

Austrian Schoeller-Bleckmann Oilfield Equipment achieves an all-time high in sales and profit figures in the first quarter of 2012.

May 23, 2012

Profit Collapse at Frauenthal

Revenues came at € 135.4m, which is 2% less than in the first quarter of 2011. EBIT halved to € 1.8m.

May 21, 2012

Voestalpine: Lower Net Income Expected

As the steel price is expected to rise, voestalpine´s steel division has favorable prospects. The profit level of 2010/11 will not be reached.

May 14, 2012

ATB Records Mixed Results

In spite of stagnating revenues the Austrian subsidiary of Wolong Group recorded an increase of 50% in operating results. Net income was down, though.

May 11, 2012

Polytec: Sharp Cut in Earnings

Today, the Austrian automotive component supplier published its results for the first quarter 2012. Due to the sale of the interior business, sales and earnings were down considerably.

May 9, 2012

Declining Results at Polytec Expected

Due to the sale of the interior business, he Austrian automotive supplier´s revenue is anticipated to decrease by 40.4%.

May 7, 2012

Miba Continues Strong Growth

The Austrian automotive component supplier records a significant rise in revenues. Extensive investments in USA and China are planned.

May 3, 2012

HTI Records Mixed Results

The Austrian High Tech Industries AG could raise revenues by 7.2% to € 207m. Net results stood at € -2.2m.

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

Frauenthal to Sell Catalyzer Segment

The Austrian supply company intends to sell the “industrial honeycomb” segment with revenues of € 80m and 350 workers.

April 11, 2012

FACC Enhances Revenues Massively.

The Austrian plane component supplier FACC could raise revenues by 31%.

April 5, 2012

„Steel Industry Needs Market Adjustment“

Wolfgang Eder, CEO of the Austrian steel company voestalpine, sees massive overcapacities in the European steel Industry. Eder reaffirmed his warning to leave Austria.

April 4, 2012

Polytec: Declining Revenues, but Rising Earnings Expected

Tomorrow, Wednesday, the Austrian automotive component supplier presents its results of 2011. Analysts anticipate a significant increase in earnings.

April 3, 2012

Austrian Exports to Japan Reach New Record

Last year, bilateral trade between Austria and Japan recorded a new high. Austrian exports to Japan amounted to € 1.3bn.

March 27, 2012

Wolong Wants ATB to Become World Market leader

The Chinese Wolong Group, which took over ATB last year due to A-Tec´s insolvency, has big plans for the engine producer.

March 24, 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

French and Austrian Automobile Clusters to Cooperate Closer

A delegation of French automobile companies will be received in Graz in order to intensify technologic cooperation.

March 2, 2012

Voestalpine Expands Operations in Automotive Segment

The Austrian steel company presents high-strength steel innovation for cars. CEO Eder expects to double sales in the automotive division.

March 2, 2012

Frauenthal Considers Short Time Work

The Austrian component supplier experiences the first signs of the economic crisis. As orders are going down by 10% to 15%, short time work becomes an issue again.

February 24, 2012

Tyrol Equity Takes Over German RSN Sihn

The Austrian investment company acquired 50.1% in the German automotive supplier company RSN Sihn.

January 2, 2012

Pollmann China Doubles Production Area

The Austrian automotive supplier company expands its activities in China.

January 2, 2012

Miba Continues Growth Path

In the first three quarters, the automotive component supplier could record an increase in sales by 37%. EBIT was up by 22.1%.

December 9, 2011

HTI Increases Revenues and Nine-Month Result

The Austrian technological group posted a plus in revenues of 7.2%. EBIT improved slightly from € 11.4m to € 11.6m.

November 29, 2011

Significant Growth in Earnings for Frauenthal Group

The Austrian component supplier reported growing revenue for the period from January to September. EBIT increased by 26.5% to € 18.6m.

November 25, 2011

FACC Builds R&D Center in Upper Austria

The Austrian aircraft component manufacturer invests a total of € 54m in the project. Turnover is expected to increase by 20% to € 330m in the current year.

November 18, 2011

Polytec Raises Outlook and Confirms Dividend

The Austrian component supplier registered a 50% decline in financing costs. Group sales are now expected to amount to € 650m in the full year.

November 10, 2011

Polytec Considers Acquisitions

The Austrian automotive component supplier Polytec, which recently achieved the turnaround, now also considers to expand its business via external growth.

November 2, 2011

AT&S Reports Solid Quarterly Results

The Austrian technology company achieved record sales of € 131.4m in the second quarter. A new sales office in Taiwan will be opened soon.

October 20, 2011

Miba Reports Strong Growth in Sales

The Austrian component supplier achieved a sales increase of 38.5% in the first half of FY 2011/12. EBT amounted to € 28.6m, slightly higher than in the previous year.

September 9, 2011

ZKW Expands Rapidly

The Austrian component supplier raises its production significantly. A new factory site in China has been opened.

September 5, 2011

HTI Continues Positive Development in Second Quarter

The Austrian technological group recorded a plus in revenues of 7.1% in half-year comparison. The net result improved by € 3m to € 2.2m.

August 29, 2011

Magna to Build Battery Factory in Styria

The international component supplier and Frank Stronach will start production of batteries for electric vehicles. They received a major order from Mercedes.

August 26, 2011

Strong Profit Increase for Frauenthal Group

The Austrian component supplier reported growing revenue for the period from January to June. Net profit more than doubled to € 6.1m.

August 24, 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

FACC to Build Construction Plant in Russia

The Upper Austrian aircraft component manufacturer and its Russian partner invest a total of € 55m in Kazan. The new plant will supply components for commercial aircraft starting from 2013.

August 18, 2011

Strong Plus in Sales for Magna

The Canadian component supplier increased sales by 29% to $ 14.5bn. In Austria, the company employs approximately 11,000 people.

August 5, 2011

Polytec Expands Capacities after Strong First Half of 2011

The Austrian component supplier achieved significant growth in earnings and is going to invest in its core competences. The group will acquire PPI Plastic Products Innovation GmbH & Co KG.

August 3, 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

Declining Profit for AT&S in the First Quarter

The Austrian technology company had a difficult start into the financial year. EBIT more than halved to € 4.4m. Nonetheless, the outlook has been confirmed.

July 20, 2011

Indian Motherson Sumi to Acquire Peguform from Cross Industries

The Austrian industrial holding company found a buyer for the automotive component supplier which had been separated from the Polytec Group in 2009.

July 13, 2011