In Q2 16 revenues declined 7.1% to €704.1m and gross profit declined 0.4% to €185.3m. The order intake, however, jumped 28.3% to €893.2m and the order backlog increased 7.7% to €1.9bn. EBITDA plummeted 59.4% to €29.7m and the EBITDA margin declined from 9.6% to 4.2%. EBIT dropped 58.7% to €16.5m and the EBIT margin declined from 5.3% to 2.3%. Net income dropped from €26.2m to €9.5m.
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Mixed results but strong order intake
- Published:
04 Aug 2016 -
Author:
Heinz Steffen -
Pages:
2
In Q2 16 revenues declined 7.1% to €704.1m and gross profit declined 0.4% to €185.3m. The order intake, however, jumped 28.3% to €893.2m and the order backlog increased 7.7% to €1.9bn. EBITDA plummeted 59.4% to €29.7m and the EBITDA margin declined from 9.6% to 4.2%. EBIT dropped 58.7% to €16.5m and the EBIT margin declined from 5.3% to 2.3%. Net income dropped from €26.2m to €9.5m.