Stable business in difficult times
In financial 2002, the IWKA Group was able to survive well against a difficult economic background
April 14, 2003
Despite the trend towards recession in many parts of the world IWKA managed to achieve its goals. Order receipts and sales are 3.6 percent and 1.0 percent higher than the previous year and the operating profit, at EUR 73.4 million, was also noticeably better than last year. At the same time we were able to significantly reduce the Groups net debt load.