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ElringKlinger AG Max-Eyth-Str. 2 72581 Dettingen / Erms, Germany http://www.elringklinger.de
Contact Mr Stephan Haas +49 7123 724137
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ElringKlinger AG

ElringKlinger raises sales by 43% in first half of 2010

(PresseBox) (Dettingen/Erms, )
The ElringKlinger Group propelled its consolidated sales by 43.2% to EUR 383.7 (267.9) million in the first half of 2010. The continued recovery of the vehicle markets together with numerous product startups and the Group's strong positioning in Asia had a positive impact on sales performance. As a result of cost streamlining and higher capacity utilization in the area of production, earnings before interest and taxes (EBIT) more than doubled compared to the crisishit first half of 2009, reaching EUR 53.9 (22.6) million. After taxes and minority interests, the Group posted net income of EUR 34.2 (10.0) million.

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