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IT

S&T grows revenues, operating cash flow in Q2 despite pandemic impact

Thursday 6 August 2020 | 10:52 CET | News
Austrian technology group S&T said its revenues increased by 8 percent to EUR 268.6 million in Q2 despite the impact of the Covid-19 pandemic. EBITDA during the period rose to EUR 27 million compared with EUR 23.2 million in 2019. Thanks to a further increase in the technology and software share, the gross margin rose to 39.3 percent against 36.8 percent in the first half of 2019.

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Categories: IT
Companies: S&T
Countries: Austria
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