BEKO Holding AG
BEKO Holding AG english
BEKO affiliated companies in Hungary and the Czech Republic: return increased
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
——————————————————————————–
The Hungarian BEKO Engineering Kft. and the Czech BEKO Engineering spol. s.r.o.
both affiliated companies of BEKO Holding AG have managed to increase their
EBIT in the 1st quarter of 2002 when compared with that of the previous quarter.
BEKO Engineering Kft, Hungary
The IT market in Hungary has been declining since the autumn and in the
reporting period has brought with it a drop in orders for IT services whereby
turnover has also fallen slightly. Despite this, the company has managed to
increase EBIT by +11.4% compared with that of the previous quarter.
At the start of the reporting period, the IT business sector suffered from a
collapse in the number of orders placed because several projects were not
extended. In general, project times are continuing to fall but administration
costs remain the same which puts pressure on the EBIT margin. In the engineering
services sector, turnover and the profit have gone according to schedule within
the reporting period and are proving to be very stable. Company management is
expecting a constant order and profit situation for the 2nd quarter.
BEKO Engineering spol. s r. o., Czech Republic
Contrary to the stagnating economic situation also experienced in the Czech
Republic, in the 1st quarter of 2002, the company managed to increase turnover
by +86% and EBIT by +242% in comparison with the previous quarter. Capacity
rates in the engineering sector are very good and customer demands remain stable
so that turnover is according to schedule and the operating result is way above
schedule. Engineering capacities are being extended further through the hiring
of new staff.
The establishment of the quality management system in accordance with ISO 9000
will be completed in the 3rd quarter of 2002 by means of certification.
BEKO Holding AG
PR/IR & Communication, Dr. Max Höfferer
Modecenterstrasse 22/A1, A-1030 Wien
Tel.: +43 1 797 50 – 244, Fax: +43 1 797 50 – 8004
max.hoefferer@beko.at, www.beko-holding.com
end of message, (c)DGAP 21.05.2002
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden