Monday 28. February 2011
Hönle increases result by 72 %
In the first quarter of financial years 2010/2011, the Hönle Group posted a 17.2 % increase in sales revenues to T 14,506. Results of operations improved significantly especially due to the positive business development. Operating profit (EBITDA) climbed from T 1,513 in the previous year to T 2,454 in the first three months of the current financial year. Earnings before interest and taxes (EBIT) rose from T 1,229 to T 2,117 in the reporting period. Pre-tax earnings (EBT) climbed from T 1,168 to T 2,092 with an increase in consolidated income from the previous T 821 to T 1,448. Earnings per share rose from 0.15 to 0.27.