Sales increased by nine per cent to EUR 464 million

The Doppelmayr Group, world leader in the ropeway construction market, again posted very positive results in the financial year 2003/04 and increased sales by nine per cent to EUR 464m. With 2,102 employees worldwide, the Group achieved income before tax of EUR 38.3m and raised investments in fixed assets to EUR 18.7m (previous year EUR 14.2m). This excellent operating result was attained in spite of the continuing tough price competition. The Doppelmayr Group's core markets are the European alpine countries plus North America.