CROSS Industries AG - Results of the Business Year 2006/07
Wels (euro adhoc) -
Revenues: EUR 744 million (+21% versus previous business year) EBIT: EUR 47 million (+24% versus previous business year) More than 3,700 employees as of September 30th, 2007
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In the past business year, CROSS Industries AG has considerably expanded its range of investments. Besides majority in KTM Power Sports AG and Eternit-Werke Ludwig Hatschek AG, the CROSS-group holds majority interests in Pankl Racing Systems AG, Austria Email Aktiengesellschaft, WETHJE Carbon Composites, Kästle GmbH as well as Unternehmens Invest AG.
The CROSS-group achieved revenues of EUR 744 million and an EBIT of EUR 47 million with 3,787 employees as of September 30th, 2007. The balance sheet total amounted to EUR 989 million, thereof equity EUR 425 million, as of balance sheet date. Accordingly, the equity ratio amounted to 43%.
Key Figures IFRS (EUR million)
BY 2005/06 BY 2006/07 Revenues 613 744 EBITDA 60 82 EBIT 38 47 Net profit of the year 26 51 Balance sheet total 668 989 Equity 267 425 EBITDA-margin 10% 11% EBIT-margin 6% 6% Employees (as of Sept. 30th) 2.235 3.787
The Annual Financial Report for the business year 2006/07 can be found and downloaded from the website of the company, www.crossindustries.at under Company > Reports.
end of announcement euro adhoc
Further inquiry note:
CROSS Industries AG
Michaela Friepess
Tel: +43(0) 7242 69402
mailto:info@crossindustries.at
Branche: Process Industries
ISIN: AT0000500905
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / Regulated free trade