POLYTEC GROUP's key financial figures showed a noticeable improvement in the first quarter of 2010 compared to the same period of the previous year.
Beside an increase in group sales of 17.8% to EUR 164.7 million due to a perceptible upward trend in production output, especially in the passenger car segment, cost structures were further optimized based on the steady implementation of costsaving measures. This costcutting programme mainly included the reduction of personnel expenses, considerably downsizing leased staff as well as leveraging countryspecific shorttime working schemes. Furthermore, two European plants were shut down in 2009 and production shifted to other noyoqviep azzvmj.
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Beside an increase in group sales of 17.8% to EUR 164.7 million due to a perceptible upward trend in production output, especially in the passenger car segment, cost structures were further optimized based on the steady implementation of costsaving measures. This costcutting programme mainly included the reduction of personnel expenses, considerably downsizing leased staff as well as leveraging countryspecific shorttime working schemes. Furthermore, two European plants were shut down in 2009 and production shifted to other noyoqviep azzvmj.
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