Hirsch Servo turnover climbs

Glanegg-based machine manufacturer Hirsch Servo AG has achieved a significant turnover increase.The Carinthian company said today (Fri) that its turnover improved by 20 per cent to 47 million Euros in the first half of the 2010/2011 business year. Its earnings before interest and taxes (Ebit) reached 620,000 Euros after losses of 2.19 million Euros in the same time span of the previous business year.Hirsch Servo AG has around 700 employees in Austria, Hungary, Poland, Slovakia, Romania and Italy. One stock of the firm was worth 25.20 Euros on the Vienna Stock Exchange’s (WBAG) Standard Market Continuous at 11am today.