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 8.4 hjkvbwg.
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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 8.4 hjkvbwg.
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