Rising Profits and Sales at Fabasoft

Businessn.a. ♦ Published: February 13, 2012; 13:52 ♦ (Vindobona)

The Austrian software producer announces preliminary figures for the first nine months of the fiscal year 2011/2012.

Rising Profits and Sales at Fabasoft / Picture: © Fabasoft

Fabasoft AG announces preliminary Group figures for the first nine months of the fiscal year 2011/2012. Sales revenues reached € 17.5m (after € 15.7m in the first nine months of the fiscal year 2010/2011) EBITDA was up from € 0.7m to € 1.6m.

Operating earnings totaled: € 0.6m after € -0.3m in the first nine months of the fiscal year 2010/2011). Also regarding cash…