PSI has delivered a solid recovery in order intake and margins in 2015 to date and management expects double-digit growth in orders and revenues into early 2016. While we are mindful of the economic risks and exposure to the cyclical investment cycle in Electrical Energy, our confidence that PSI can sustain its growth and margin expansion trend is improving.
20 Nov 2015
Near- and longer-term prospects solidifying
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Near- and longer-term prospects solidifying
PSI has delivered a solid recovery in order intake and margins in 2015 to date and management expects double-digit growth in orders and revenues into early 2016. While we are mindful of the economic risks and exposure to the cyclical investment cycle in Electrical Energy, our confidence that PSI can sustain its growth and margin expansion trend is improving.