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Polytec Holding AG Linzer Strasse 50 4063 Hörsching, Austria http://www.polytec-group.com
Contact Mr Manuel Taverne +43 7221 701292
Company logo of Polytec Holding AG
Polytec Holding AG

Results for the First Quarter 2010

(PresseBox) (Hörsching, )
POLYTEC GROUP's key financial figures showed a noticeable improvement in the first quarter of 2010 compared to the same period of the previous year.

Beside an increase in group sales of 17.8% to EUR 164.7 million due to a perceptible upward trend in production output, especially in the passenger car segment, cost structures were further optimized based on the steady implementation of costsaving measures. This costcutting programme mainly included the reduction of personnel expenses, considerably downsizing leased staff as well as leveraging countryspecific shorttime working schemes. Furthermore, two European plants were shut down in 2009 and production shifted to other xltnhtyxl yzryal.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.