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Schaltbau GmbH Hollerithstraße 5 81829 München, Germany http://www.schaltbau-gmbh.de
Contact Mr Wolfdieter Bloch +49 89 93005209
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Schaltbau GmbH

Schaltbau Group increases revenues and earnings in 3rd quarter 2010

(PresseBox) (Munich, )
In an ongoing favourable economic environment, the Schaltbau Group continued to perform well in the threemonth period that ended in September 2010. The third quarter was the best of the current year so far with regard to sales revenues, EBIT and Group net profit. The prolonged steady stream of business in the railway sector and the unchanged strong demand, particularly from Asian markets, as well as growing impetus in the industrial sector, were the primary drivers of growth. Due to the Group's unexpected good performance in the third quarter, earnings per share of € 6.40 are now predicted for 2010.

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