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ATB Austria Antriebstechnik AG Donau-City-Straße 6, Top 15a 1220 Wien, Austria http://www.atb-motors.com/
Contact Ms Claudia Müller-Stralz +43 1 71786107
AT
ATB Austria Antriebstechnik AG

ATB Austria Antriebstechnik AG announces results for first quarter of 2007

(PresseBox) (Spielberg, )
Following last year's restructuring and consolidation exercises and the integration of new subsidiaries, during the first quarter of the current financial year Vienna listed ATB Austria Antriebstechnik AG succeeded in capitalising on the good economic conditions on its main markets to post big improvements in revenue, order intake and order backlog.

Strong gains in revenue and orders The ATB Group recorded a 69.2% surge in revenue to EUR 103.5 million (m) (Q1 2006: EUR 61.2m), driven by organic growth and consolidation of the Lindeteves-Jacoberg (LJ) Group, in which a majority was acquired in May 2006. The revenue contribution from
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