Pankl Achieved Record Results

Businessn.a. ♦ Published: April 30, 2012; 09:02 ♦ (Vindobona)

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%.

Pankl Achieved Record Results / Picture: © Pankl

In the first quarter of the current fiscal year, Pankl Racing Systems AG continued to show a positive development with revenues growing by 25% and EBIT by 26%. Revenues of € 36.5m and EBIT of 4.4m represent the best quarterly results since the company’s foundation in 1985. The Racing/High Performance segment (+26%) as well as the Aerospace Segment (+18%) showed significant revenues…