The group’s Q1 EBITDA and net profit numbers are the third lowest generated in the current century with net profit again in the red. All the numbers are worse than we had expected. Order inflow was down by 3% to €9.81bn and revenue fell by 5% to €9.5bn. This resulted in a 15% EBITDA fall to €489m and net earnings turned around from a profit of €50m to a loss of €23m. Management’s ‘adjusted’ EBIT also fell by 16% to €234m (stated EBIT fell
12 Feb 2016
All Q1 numbers headed south
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
All Q1 numbers headed south
thyssenkrupp AG (TKR:WBO) | 0 0 0.4% | Mkt Cap: 14,231m
- Published:
12 Feb 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group’s Q1 EBITDA and net profit numbers are the third lowest generated in the current century with net profit again in the red. All the numbers are worse than we had expected. Order inflow was down by 3% to €9.81bn and revenue fell by 5% to €9.5bn. This resulted in a 15% EBITDA fall to €489m and net earnings turned around from a profit of €50m to a loss of €23m. Management’s ‘adjusted’ EBIT also fell by 16% to €234m (stated EBIT fell