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Electronics Production | May 06, 2010

PKC sales grew in Q1

Consolidated net sales grew 13.2% on the comparison period, totalling EUR 60.8 million (EUR 53.8 million) for PKC.
The total amount of depreciation was EUR 2.8 million (EUR 2.7 million). Consolidated operating profit was EUR 2.8 million (EUR 0.1 million), 4.6% (0.2%) of net sales. Operating profit without non-recurring items was EUR 3.4 million, 5.8% of net sales. Profit for the report period amounted to EUR 0.2 million (EUR -3.3 million). Cash flows after investments were EUR -2.8 million (EUR 23.4 million).

Orders received by its commercial vehicle customers during the first quarter in Europe and Brazil exceeded the number of deliveries during the same time by over a fourth. This indicates growth in production quantities during the current year
from the present level.

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