Industry Newsline

WASHTECS REVENUES GROW

02/27/13

WashTec AG of Germany, the parent company of Colorado-based Mark VII Equipment Inc., reported almost 3 percent revenue growth to EUR 301.5 million in 2012. EBIT for the year increased to EUR 19.2 million and net finance debt was reduced to EUR 8.3 million.

Overall growth was constrained by the economic crisis in parts of the European Union, but growth in the United States was significantly higher. Complete consolidated financial statements are scheduled for publication on March 26, 2013.



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