transtec on course!
Continuing the success of 2005 transtec growth rate has more than doubled in 2006.07.03.07 – transtec AG, the manufacturer of customer tailored IT systems and solutions, reported that its preliminary annual results for 2006 shows positive earnings before interest and taxes (EBIT) of 0.8 mil Euro.
A significant rise in the sales of IT Solutions contributed to transtec’s announced goal of achieving solid growth in turnover and profits during 2006. In addition the new distinctive design produced the desired effect. The preliminary earnings before interest and taxes (EBIT) for the fiscal year amounts to 0.8 mill Euro, up from 0.3 mill Euro in 2005.
Turnover rose from 61.5 million Euros in 2005 to 68.1 million Euro in 2006, an increase of more than 10%. For the first time, transtec’s reseller subsidiary Triplestor also made a significant contribution to the growth.
Detailed figures will be given on March 27th at the annual press conference in Stuttgart.
Turnover rose from 61.5 million Euros in 2005 to 68.1 million Euro in 2006, an increase of more than 10%. For the first time, transtec’s reseller subsidiary Triplestor also made a significant contribution to the growth.
Detailed figures will be given on March 27th at the annual press conference in Stuttgart.