Key information: Net sales grew by 1.2% in Q4 16. At comparable exchange rates, net sales grew by 3.6%. Operating income increased by 3.6% in Q4 16. Operating margin at 15.1% in Q4 16 vs 14.8% in Q4 15. Cash flow from operations (before financing items and taxes) grew by 1.6% in Q4 16. Orders received in Q4 16 declined by 5.5% at historical exchange rates and by 2.9% at comparable exchange rates. Q4 results are respectable but guidance/order intake show that Kone has entered a new
27 Jan 2017
Decrease in orders received underlines that Kone has entered a new paradigm
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Decrease in orders received underlines that Kone has entered a new paradigm
Kone Oyj Class B (KNEBV:HEL) | 0 0 1.2% | Mkt Cap: 20,244m
- Published:
27 Jan 2017 -
Author:
Felix Brunotte -
Pages:
3
Key information: Net sales grew by 1.2% in Q4 16. At comparable exchange rates, net sales grew by 3.6%. Operating income increased by 3.6% in Q4 16. Operating margin at 15.1% in Q4 16 vs 14.8% in Q4 15. Cash flow from operations (before financing items and taxes) grew by 1.6% in Q4 16. Orders received in Q4 16 declined by 5.5% at historical exchange rates and by 2.9% at comparable exchange rates. Q4 results are respectable but guidance/order intake show that Kone has entered a new