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WashTec AG Argonstraße 7 86153 Augsburg, Germany http://www.washtec.de
Contact Mr Florian Fitter +49 821 55841136
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WashTec AG

WashTec publishes preliminary figures for the 2008 financial year

(PresseBox) (Augsburg, )
Based on preliminary figures the WashTec Group generated revenues of EUR 285.1 million in the financial year 2008, resulting in a growth rate of 1.9% compared to EUR 279.7 million in 2007. In the fourth quarter 2008 revenues were as expected with EUR 72.8 million 8.5% below the very strong last quarter of the prior year (EUR 79.6 million).

Preliminary earnings before interest and taxes (EBIT) amounted to EUR 29.4 million (2007: EUR 28.9 million), resulting in an increase of 1.7%. The 2008 EBIT margin remained stable at 10.3% even though 2007 EBIT-margin had included positive nonrecurring effects of EUR 3.1 xttonol.

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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.