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DGAP-News: Pankl Racing Systems AG english - 500 Beiträge pro Seite


ISIN: AT0000800800 | WKN: 914732
41,20
01.06.18
Berlin
0,00 %
0,00 EUR

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DGAP-News: Pankl Racing Systems AG english

Pankl continues growth in the first quarter

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement.

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Pankl continues growth in the first quarter Advance disclosure of Pankl Racing Systems AG&acut;s Q1 results

Pankl is growing consistently Pankl Racing Systems AG, the Austria-based producer of lightweight high- performance components for motor racing and aerospace applications, continues to record constant growth.

Q1: Sales up 17.2% The company recorded sales of EUR 13.1 million in the first quarter, which ended on December 31, 2001. This is a remarkable 17.2% - purely organic - growth compared with the corresponding period.

Excellent sales growth in the drivetrain components segment The sales figures in the drivetrain components segment again exhibited above average growth. This growth was mainly caused by the constant increase in delivery volumes for the European motor racing industry- Pankl Racing Systems AG&acut;s classic core business.

Order volume for Q2 up 29% on previous year Chief Financial Officer Ernst Wustinger:"Based on our excellent order backlog we can predict gratifying sales growth this fiscal year. The order volume for the second quarter is already up 29% on the previous year."

Pankl Racing System AG&acut;s detailed results for the first quarter will be published on February 26, 2002.

Bruck a. d. Mur, January 28 2002

For further informations please contact Isolde Kuehhas +43 664 326 26 47, ir@pankl.co.at

end of message, (c)DGAP 28.01.2002

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WKN: 914732; ISIN: AT0000800800; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München, Hannover und Stuttgart

Autor: DGAP import (),09:36 28.01.2002



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