The company reported Q1 16 results. Revenues declined 12.6% to €629.1m. Order intake remained stable at around €746.5m. Without the sold businesses (HLS and Tools and Dies), the order intake increased 4.2%. EBIT, however, increased 12.1% to €31.5m mainly due to lower losses from Swisslog. The EBIT margin increased from 4% to 5.2%. Revenues of the Robotics division declined 10.5% and EBIT 18.1% to €21.2m. The EBIT margin reached 10.1% compared to 11% in Q1 15. The order int
04 May 2016
Revenues down and EBIT up
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Revenues down and EBIT up
- Published:
04 May 2016 -
Author:
Heinz Steffen -
Pages:
2
The company reported Q1 16 results. Revenues declined 12.6% to €629.1m. Order intake remained stable at around €746.5m. Without the sold businesses (HLS and Tools and Dies), the order intake increased 4.2%. EBIT, however, increased 12.1% to €31.5m mainly due to lower losses from Swisslog. The EBIT margin increased from 4% to 5.2%. Revenues of the Robotics division declined 10.5% and EBIT 18.1% to €21.2m. The EBIT margin reached 10.1% compared to 11% in Q1 15. The order int