Austrian Water-Purification Company BWT Says Sales Reach Record
BWT AG (BWT), an Austrian maker of water- purification equipment, said yearly sales reached a record, surpassing a half-billion euros for the first time in 2012.
BWT shares rose as much as 7 percent to 15.635 euros, a one-week high in Vienna, on more than three times the average three-month volume after the Mondsee-based company reported today in a statement that full-year sales rose 4.9 percent to 502.3 million euros ($662 million).
BWT, which stands for “best water technology,” has been listed on the Vienna Exchange since 1992. The company’s water equipment, primarily for homes and hotels, treats everything from drinking to swimming pool water.
To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net
To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net
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