Key information: Increase in sales of 3%. New Installation revenues increased by 7.8% from a low base to €29.3m. Services revenues decreased by 0.8% to €397.7m. Export revenues increased by 16.2% to €122.2m. EBITDA decreased by 1.9% to €164.5m. EBITDA margin decreased from 31.5% to 30%. Net profit rose by 0.6% to €108.7m. Net profit margin decreased from 20.3% to 19.8%. Order intake increased by 44.8% from a low base, namely €95.5m to &eur
10 Oct 2016
Deterioration in margins signals increasing competitive pressure in Europe
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Deterioration in margins signals increasing competitive pressure in Europe
- Published:
10 Oct 2016 -
Author:
Felix Brunotte -
Pages:
2
Key information: Increase in sales of 3%. New Installation revenues increased by 7.8% from a low base to €29.3m. Services revenues decreased by 0.8% to €397.7m. Export revenues increased by 16.2% to €122.2m. EBITDA decreased by 1.9% to €164.5m. EBITDA margin decreased from 31.5% to 30%. Net profit rose by 0.6% to €108.7m. Net profit margin decreased from 20.3% to 19.8%. Order intake increased by 44.8% from a low base, namely €95.5m to &eur