Key information (9m figures): Orders received up by 4.3% (3.9% in local currencies). Order backlog exceeds CHF10bn and registered an 8.1% growth (9.7% in local currencies). Revenue up by 3.7% (3.6% in local currencies). Operating profit up by 7.7% (8.1% in local currencies). EBIT margin improved by 40bp to 11.1%. Net finance expense impacted negatively by FX effect. Net profit rose by 6.0% thanks to one-off. Cash flow from operating activities decreased by 5.7% to CHF6
25 Oct 2016
Spurious guidance upgrade and decreasing operating cash flow generation
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Spurious guidance upgrade and decreasing operating cash flow generation
Schindler Holding AG Pref (SCHPN:MEX) | 0 0 0.0%
- Published:
25 Oct 2016 -
Author:
Felix Brunotte -
Pages:
4
Key information (9m figures): Orders received up by 4.3% (3.9% in local currencies). Order backlog exceeds CHF10bn and registered an 8.1% growth (9.7% in local currencies). Revenue up by 3.7% (3.6% in local currencies). Operating profit up by 7.7% (8.1% in local currencies). EBIT margin improved by 40bp to 11.1%. Net finance expense impacted negatively by FX effect. Net profit rose by 6.0% thanks to one-off. Cash flow from operating activities decreased by 5.7% to CHF6