Order intake increased 16% (adjusted 6%) to US$9.77bn and the book-to-bill ratio reached 1.13x compared to 1.07x in Q1 17 Revenues grew 10% (adjusted 1%) to US$8.63bn and the order backlog increased 2.8% to US$23.7bn EBIT increased 29.9% to US$895m and the EBIT margin improved from 8.8% to 10.4% Net profit after minorities declined 21% to US$572m due to extraordinary income in Q1 17 (sale of the cable Business) Short- and mid-term outlook remain positive
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Strong performance in Q1 18
- Published:
19 Apr 2018 -
Author:
Heinz Steffen -
Pages:
3
Order intake increased 16% (adjusted 6%) to US$9.77bn and the book-to-bill ratio reached 1.13x compared to 1.07x in Q1 17 Revenues grew 10% (adjusted 1%) to US$8.63bn and the order backlog increased 2.8% to US$23.7bn EBIT increased 29.9% to US$895m and the EBIT margin improved from 8.8% to 10.4% Net profit after minorities declined 21% to US$572m due to extraordinary income in Q1 17 (sale of the cable Business) Short- and mid-term outlook remain positive