In Q3 15, order intake dropped 22% (at cc -12%) to US$8.77bn. Revenues dropped 13% to US$8.52bn and EBIT declined 27.8% to US$992m. The EBIT margin reached 10.4% compared to 12.4% in Q3 14. The adjusted EBITA margin (which includes restructuring charges, acquisition-related costs, gains and losses from the sale of the business and fx items) increased from 12% to 12.5% which was within the long-term EBITA margin target hovering between 11% and 16%. Net profit declined 21% from US$734m to US$57
21 Oct 2015
US$ appreciation drove the performance
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US$ appreciation drove the performance
- Published:
21 Oct 2015 -
Author:
Heinz Steffen -
Pages:
3
In Q3 15, order intake dropped 22% (at cc -12%) to US$8.77bn. Revenues dropped 13% to US$8.52bn and EBIT declined 27.8% to US$992m. The EBIT margin reached 10.4% compared to 12.4% in Q3 14. The adjusted EBITA margin (which includes restructuring charges, acquisition-related costs, gains and losses from the sale of the business and fx items) increased from 12% to 12.5% which was within the long-term EBITA margin target hovering between 11% and 16%. Net profit declined 21% from US$734m to US$57