revenue in Q3 up by 13.3% / EBIT margin stabile at 4.2% / moderate growth expected to continue
The revenue of the technotrans Group for the third quarter of the 2010 financial year amounted to slightly more than € 21.4 million and was therefore both higher than the level of the second quarter and 13.3% above the figure for the prior-year quarter (€ 18.9 million).
With effect as of Oktober 21, 2010 Joachim Voss, Managing Director der WestLB AG, Düsseldorf, has decided to stand down as a member of the Supervisory Board of technotrans AG.
The Board of Management of technotrans AG has decided to end short-time working from September 1, 2010 after a period of 18 months.
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.