Business News

Iskra Avtoelektrika Group Increased Sales by Third in 2010

Sempeter pri Gorici, 19 April (STA) - The group around car electronics maker Iskra Avtoelektrika increased its sales revenues in 2010 to EUR 218.4m, which is 33% more than in 2009. The group posted a net profit of EUR 4.76m, the company said on the website of the Ljubljana Stock Exchange on Tuesday.

The core company boosted its earnings by 57% to EUR 160.7m last year and generated EUR 2.35m in net profit.

The company is expected to call its annual shareholders' meeting on Friday, expectedly for 2 June.

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