Dialog reported its Q4 and FY15 results. Concerning Q4, sales were down 8.5% yoy at $398m, mostly due to the drop in sales in Mobile Systems (-11.6% yoy, $334m). However, Power Conversion accelerated to +20.5%, but remained marginal in terms of volumes ($24m). The gross margin came in at 45.7% (down 60bp yoy), while the EBIT margin decreased to 20.4% vs. 24.2% in Q4 14. For the FY, revenues reached $1,355m, corresponding to a 17.2% increase compared to 2014, with 82.3% of revenues coming from
08 Mar 2016
Weak Q1 guidance, but growth confirmed for 2016
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Weak Q1 guidance, but growth confirmed for 2016
Direct Line Insurance Group Plc (DLG:LON) | 197 0 0.0% | Mkt Cap: 2,583m
- Published:
08 Mar 2016 -
Author:
Charles Bordes -
Pages:
3
Dialog reported its Q4 and FY15 results. Concerning Q4, sales were down 8.5% yoy at $398m, mostly due to the drop in sales in Mobile Systems (-11.6% yoy, $334m). However, Power Conversion accelerated to +20.5%, but remained marginal in terms of volumes ($24m). The gross margin came in at 45.7% (down 60bp yoy), while the EBIT margin decreased to 20.4% vs. 24.2% in Q4 14. For the FY, revenues reached $1,355m, corresponding to a 17.2% increase compared to 2014, with 82.3% of revenues coming from