The group showed 1.5% order inflow growth to slightly less than €10bn and revenue growth of 5.6% to just above €10bn. Stated EBIT improved by 25% to €240m, but the bottom line turned around from a loss of €23m to an invisible profit of €8m. Cash from operations, based on management’s definition, was a negative €1.45bn, the highest negative cash flow number since the beginning of the current century.
09 Feb 2017
Hardly visible profit recovery in Q1 16/17
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Hardly visible profit recovery in Q1 16/17
thyssenkrupp AG (TKR:WBO) | 0 0 0.4% | Mkt Cap: 14,231m
- Published:
09 Feb 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group showed 1.5% order inflow growth to slightly less than €10bn and revenue growth of 5.6% to just above €10bn. Stated EBIT improved by 25% to €240m, but the bottom line turned around from a loss of €23m to an invisible profit of €8m. Cash from operations, based on management’s definition, was a negative €1.45bn, the highest negative cash flow number since the beginning of the current century.