Verbund earnings tumble

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Business

Verbund AG, Austria’s leading electricity provider, suffered a significant decline in earnings in the first nine months of this year.The company, which was founded in 1947, announced today (Thurs) that earnings before interest and taxes (Ebit) dropped by 22.1 per cent year on year to 625.6 million Euros in the first three quarters of 2010. […]

DO&CO turnover takes off

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Business

Austrian caterer DO&CO managed to raise its turnover and earnings in the first half of the current business year.The company, which is headed by Attila Dogudan, said today (Tues) its turnover soared by 21 per cent year on year between April and September 2010 to 222.7 million Euros. It added earnings before interest and taxes […]

DO&CO serves up tasty Q1 figures

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Business

Viennese caterer DO&CO managed to raise earnings and turnover in the first quarter of its 2010/2011 business year (1 April to 30 June).The firm said today (Thurs) turnover had jumped by 15.6 per cent to 102.13 million Euros year on year, while earnings before interest and taxes improved from 3.44 million Euros to 4.81 million […]

OMV earnings bubble over

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Business

OMV managed to raise earnings and turnover in the first half of this year.The Vienna-headquartered oil and gas firm said today (Weds) turnover soared by 31 per cent to 11,015 billion Euros compared to the first six months of 2009. Analysts expected the company’s turnover to increase by just 25 per cent year on year.The […]

KTM recovery continues

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Business

Motorbike producer KTM Power Sports AG has all chances of being back in the black this business year after seeing a rise in earnings in the first quarter.Stefan Pierer, head of the firm with headquarters in the Upper Austrian town of Mattighofen, said today (Fri) its earnings before interest and taxes (Ebit) in the third […]

Wolford finds things less tight as earnings soar

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Business

Vorarlberg textiles producer Wolford has managed to double its earnings year on year, it has emerged.Company officials said today (Fri) earnings before interest and taxes (Ebit) soared from 2.18 million Euros in the 2008/2009 business year to 4.5 million Euros in the past business year.They added that Wolford, which is headquartered in Bregenz, had now […]

Kapsch TrafficCom earnings jump

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Business

Austrian IT firm Kapsch TrafficCom AG has reported a rise in earnings.The road toll specialist said today (Fri) net earnings soared from 16.4 million Euros to 36.5 million Euros year on year in the 2009/2010 business year.The company – which is listed on the Vienna Stock Exchange (WBAG) – also said turnover improved by eight […]

Cold winter serves up hot figures for EVN

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Business

Increasing demand for warm water and energy in the long extended winter helped energy provider ENV’s earnings soar.The Lower Austrian company said today (Thurs) earnings before interest and taxes (Ebit) rose by 5.7 per cent to 194.4 million Euros in the first half of the 2009/2010 business year compared to the first half of the […]

KTM back on track as earnings rise

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Business

Upper Austrian motorcycle and off-road vehicle maker KTM Power Sports AG is racing all the way on the road to recovery as earnings soared in the first half of its 2009/2010 business year.Officials at the Mattighofen-based firm said today (Thurs) earnings before interest and taxes (Ebit) climbed to 6.3 million Euros after losses of nine […]

Rosenbauer earnings under fire after cartel checks

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Business

Fire-fighting equipment producer Rosenbauer is optimistic 2010 will be “a record year for us” despite earnings plunging last year.Firm officials said today (Fri) they expected all of its production capacities to be occupied this year due to the current positive order situation.Earnings before interest and taxes (Ebit) dropped by 26 per cent year on year […]