ADP News Austria

Austrian Hirsch Servo widens FY '08/09 net loss to EUR 10.7.(Financial report)

(ADPnews) - Oct 30, 2009 - Austrian packaging and machinery group Hirsch Servo AG (WBAG:HIS) widened its net loss to EUR 10.7 million (USD 15.9m) in fiscal 2008/09, ended June 30, from EUR 2.8 million a year earlier.

Pre-tax loss stood at EUR 10 million, compared with EUR 3.1 million last time, the company said on Friday.

Hirsch Servo reported a loss before interest and tax of EUR 5.1 million, compared to earnings of EUR 500,000 in fiscal 2007/08. …

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