as expected revenue 8.3 percent below prior year / EBIT after 9 months € 7.2 million / timely measures for cost reduction to secure performance over the next quarters
Cost-cutting measures to shore up long-term profits In response to the downturn in the global economy, the Board of Management of technotrans AG has approved an extensive package of cost-cutting measures in consultation with the Supervisory Board.
In response to the downturn in the global economy, the Board of Management of technotrans AG has approved an extensive package of cost-cutting measures in consultation with the Supervisory Board.
technotrans america Inc. will present products designed to promote environmentally friendly printing and efficient processes at this year's Graph Expo in Chicago.
These press releases contain forward-looking statements which are based on assumptions and estimations by the management board of technotrans AG. Even though the management board is of the opinion, that those assumptions and estimations are realistic the future development and the projected results may deviate substantially from the forward-looking statements. Those deviations can be due to several factors including but not limited to changes in the macro-economic situation, in the exchange rates, in the interest rates and in the graphic arts industry. technotrans AG gives no warranty and does not assume the liability for any damages in case the future development and the projected results do not correspond with the forward looking statements.