SW Umwelttechnik Stoiser & Wolschner AG Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012; Provides Earnings Guidance for the Full Year of 2012
For the nine months, the company reported turnover of EUR 44.7 million compared with EUR 49.7 million for the same period a year ago. EBIT was EUR 0.8 million compared with EUR 0.5 million for the same period a year ago. EBITDA was EUR 3.6 million compared with EUR 3.5 million for the same period a year ago. Profit on ordinary activities was loss on ordinary activities of EUR 0.1 million compared with EUR 3.3 million for the same period a year ago.
The company expects no changes in the market environment for the full year and continue to see earnings to stabilize despite a decrease in turnover.