KONE s interim report for January June 2016 JULY 19, 2016 HENRIK EHRNROOTH, PRESIDENT & CEO
|
|
- Aldous Hunt
- 5 years ago
- Views:
Transcription
1 KONE s interim report for January June 2016 JULY 19, 2016 HENRIK EHRNROOTH, PRESIDENT & CEO
2 Figures Key figures for for January June 2016
3 Q Key figures STRONG EXECUTION AND PROFITABLE SALES GROWTH Q2/2016 Q2/2015 Historical change Comparable change Orders received MEUR 2, , % -1.9% Order book MEUR 8, , % 5.5% Sales MEUR 2, , % 6.0% Operating income (EBIT) MEUR % Operating income (EBIT) % Cash flow from operations (before financing items and taxes) MEUR Basic earnings per share EUR
4 January June 2016 Key figures SOLID OPERATING PERFORMANCE 1 6/ /2015 Historical change Comparable change Orders received MEUR 4, , % -3.1% Order book MEUR 8, , % 5.5% Sales MEUR 4, , % 5.2% Operating income (EBIT) MEUR % Operating income (EBIT) % Cash flow from operations (before financing items and taxes) MEUR Basic earnings per share EUR
5 Q Orders received ORDERS RECEIVED DECLINED BUT REMAINED AT A HIGH LEVEL MEUR 2,500 2, % 1, % 2,068 Significant growth in modernization orders; some decline in new equipment orders 1,500 1, Some growth in the EMEA region and clear growth in the Americas; orders in Asia-Pacific declined due to China 0 Q1 Q2 Q3 Q4 At historical exchange rates. At comparable exchange rates. 5
6 Q Sales GOOD GROWTH IN SERVICE BUSINESSES MEUR 3,000 2,500 2, % 1, % 2,273 Slight growth in new equipment, some growth in maintenance and strong growth in modernization sales 1,500 1, Sales in EMEA was stable, some growth in Asia-Pacific and significant growth in the Americas 0 Q1 Q2 Q3 Q4 At historical exchange rates. At comparable exchange rates. 6
7 Q Operating income GROWTH DRIVEN BY POSITIVE DEVELOPMENT IN ALL REGIONS AND BUSINESSES MEUR % +7.2% 349 Development particularly positive in North America and Asia-Pacific Progress in product and cost competitiveness helped in offsetting the intense price pressure 50 0 Q1 Q2 Q3 Q4 At historical exchange rates. At comparable exchange rates. 7
8 1 6/2016 Sales split SHARE OF MODERNIZATION AND THE AMERICAS OUT OF TOTAL SALES CONTINUED TO GROW BY BUSINESS BY AREA 13% (11%) 18% (16%) 34% (33%) 53% (56%) 39% (40%) 43% (44%) New equipment Maintenance Modernization Asia-Pacific EMEA (Europe, Middle East and Africa) Americas 8 1 6/2015 figures in brackets. Figures in charts are rounded and at historical exchange rates.
9 Figures Business for and market January June development 2016
10 Q Business development highlights OUR DEVELOPMENT PROGRAMS First in Customer Loyalty A Winning Team of True Professionals The Most Competitive People Flow Solutions In June, we opened our new R&D and manufacturing facility in Allen, Texas to support the growth of the North American business The facility enables us to further improve our competitiveness and customer service in the North American market in new equipment and modernization Preferred Maintenance Partner Top Modernization Provider Our strengthened modernization offering and processes and continued focus on sales management contributed to the good development in orders received and sales 10
11 Q New equipment markets GLOBAL NEW EQUIPMENT MARKET VOLUMES WEAKENED DUE TO A DECLINE IN CHINA NEW EQUIPMENT Market weakened slightly as the market in China declined ASIA-PACIFIC Markets in India and Australia grew, while other markets in the region remained slow In China, price competition intensified during the quarter EMEA REGION Market continued to grow in Central and North Europe, while the markets in South Europe were rather stable Market in the Middle East continued to show growth opportunities despite uncertainty in the region NORTH AMERICA Market grew slightly driven by the United States in particular Pricing of new equipment continued to develop positively 11
12 Q Service markets SERVICE MARKETS CONTINUED TO GROW GLOBALLY MAINTENANCE MODERNIZATION EMEA REGION Maintenance market grew in the region, but with significant variation between countries; price competition remained intense Modernization market grew strongly in Central and North Europe; South Europe saw further signs of stabilization in demand NORTH AMERICA Maintenance market grew slightly; price competition remained rather intense Modernization market saw slight growth ASIA-PACIFIC Maintenance market continued to develop positively Demand developed positively 12
13 Figures for January June 2016 Outlook
14 Market outlook NEW EQUIPMENT MARKETS Asia-Pacific: The market in China is expected to decline by 5 10% in units ordered and also the price competition to continue intense. In the rest of Asia-Pacific, the market is expected to see some growth. Europe, Middle East and Africa: the market is expected to grow slightly with growth in Central and North Europe and a more stable development in South Europe and the Middle East. North America: the market is expected to see some growth. MAINTENANCE MARKETS The maintenance markets are expected to see the strongest growth rate in Asia- Pacific, and to develop rather well also in other regions. MODERNIZATION MARKETS The modernization market is expected to grow slightly in Europe, to continue to grow in North America, and to develop strongly in Asia-Pacific. 14
15 Business outlook (upgraded) SALES KONE s net sales is estimated to grow by 2 6% at comparable exchange rates as compared to OPERATING INCOME The operating income (EBIT) is expected to be in the range of EUR 1,250 1,330 million, assuming that translation exchange rates would remain at approximately the average level of January June
16
17 APPENDIX 17
18 KONE s Capital Markets Day 2016 KONE s CMD 2016 will be held in Helsinki on September 28, The event will be held in central Helsinki, followed by an optional tour of KONE s manufacturing facilities in Hyvinkää. Presentations will be held by: Henrik Ehrnrooth, CEO Tomio Pihkala, CTO Larry Wash, EVP, Americas William B. Johnson, EVP, Greater China
19 E&E market and KONE s performance in China in Q NEW EQUIPMENT MARKETS New equipment orders received in units vs. market growth CHINA S SHARE OF TOTAL ORDERS/SALES In monetary value ~44% KONE Market <40% ~35% ~40% ~35% ~23% ~20% >15% >15% ~10% <5% CAGR ~-5% 2015 ~-5% ~-5% ~-8% >-10% Q1/2016 Q2/2016 Share of orders received Q Share of sales Share of orders received FY 2015 Share of sales 19
20 Q Balance sheet - assets employed MEUR Jun 30, 2016 Jun 30, 2015 Dec 31, 2015 Assets employed Goodwill 1, , ,306.7 Other intangible assets Tangible assets Investments Net working capital -1, Assets employed total 1, , ,062.9 Financed by Equity 2, , ,575.5 Net debt -1, ,512.6 Equity and net debt total 1, , ,
21 Q Net working capital MEUR Jun 30, 2016 Jun 30, 2015 Dec 31, 2015 Net working capital Inventories 1, , ,326.7 Advance payments received -2, , ,829.4 Accounts receivable 1, , ,480.2 Other non-interest-bearing assets Net deferred tax assets / liabilities Provisions Accounts payable Other non-interest-bearing liabilities -1, , ,651.3 Net working capital total -1,
22 Q Consolidated cash flow MEUR 4 6/ / / / /2015 Operating income ,241.5 Change in working capital before financing items and taxes Depreciation and amortization Cash flow from operations before financing items and taxes ,473.7 Financing items and taxes Cash flow from operating activities ,446.7 Investing activities Purchase of own shares Increase in equity (option rights) Profit distribution Changes in non-controlling interest Free cash flow
23 As approximately 75% of KONE s revenues are in other currencies than the euro, currency fluctuations have a translation impact SALES BY CURRENCY 1 12/2015 TRANSACTION RISK Others EUR A substantial part of KONE operations are denominated in local functional currencies and do not therefore give rise to transaction risk. In addition, KONE s policy is to hedge the foreign exchange exposure of the order book. TRANSLATION RISK USD RMB As approximately 75% of KONE s revenues occur in functional currencies other than the euro, the translation risk is significant for KONE. In 2015, KONE s biggest geographical market areas outside the eurozone in terms of net sales included China, United States, Great Britain, Australia, Sweden and India. 23
24 Our absolute EBIT has grown faster than sales 12 months quarterly rolling absolute EBIT and EBIT margin progression, 2009 Q2/2016 MEUR 1, % 1,200 1, % 12% We have seen improvement both in absolute and relative EBIT % EBIT EBIT-% 0 Q1/2010 Q1/2011 Q1/2012 Q1/2013 Q1/2014 Q1/2015 Q1/2016 0% 24
25 Sales by market (MEUR) 10,000 8,647 CAGR, % 10.3% 8,000 6,000 4,000 2, ,242 66% 22% 12% 2005* 3,601 65% 22% 13% ,079 65% 21% 14% ,603 65% 19% 16% ,744 62% 21% 17% ,987 58% 21% 21% ,225 55% 18% 27% ,277 49% 16% 35% ,933 46% 16% 38% ,334 44% 15% 41% % 17% 44% % 7.7% 25.4% 8.4% 10.0% 11.6% 12.1% 12.7% 14.0% 13.9% 13.2% 13.8% 14.1% 14.4% EBIT margin % EMEA Americas Asia-Pacific *2005 figures are pro forma. 25
26 Sales by business (MEUR) 10,000 8,647 CAGR, % 10.3% 8,000 6,000 4,000 2, ,242 40% 19% 41% 2005* 3,601 41% 19% 40% ,079 45% 19% 36% ,603 48% 19% 33% ,744 47% 19% 34% ,987 46% 17% 37% ,225 46% 17% 37% ,277 50% 16% 34% ,933 54% 14% 32% ,334 55% 13% 32% % 12% 31% % 6.0% 7.0% 8.4% 10.0% 11.6% 12.1% 12.7% 14.0% 13.9% 13.2% 13.8% 14.1% 14.4% EBIT margin % New equipment Modernization Maintenance *2005 figures are pro forma. 26
KONE Q JULY 19, 2017 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO
KONE Q2 2017 JULY 19, 2017 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO Q2 2017 highlights Good overall execution Profitability burdened by several headwinds Stabilization in China Good improvement
More informationKONE s Interim Report for January September 2014
KONE s Interim Report for January September 2014 Henrik Ehrnrooth, President & CEO HANNOVER, GERMANY Continuously improving customer experience To ensure excellent service, we gather constant customer
More informationKONE Q OCTOBER 26, 2017 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO
KONE Q3 2017 OCTOBER 26, 2017 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO Q3 2017 highlights Orders received returned to growth in China with positive contribution from focused pricing actions Roll-out
More informationKONE Result presentation 2017 JANUARY 25, 2018 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO
KONE Result presentation 2017 JANUARY 25, 2018 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO Q4 2017 Highlights Orders received grew in all regions and their margin stabilized in the fourth quarter
More informationKONE Q APRIL 25, 2018 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO
KONE 2018 APRIL 25, 2018 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO 2018 Highlights Solid growth in orders received with stabilizing margins Profitability continued to be burdened Good progress
More informationKONE Result presentation 2018 JANUARY 24, 2019 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO
KONE Result presentation 2018 JANUARY 24, 2019 HENRIK EHRNROOTH, PRESIDENT & CEO ILKKA HARA, CFO Q4 2018 Highlights Orders received and sales grew in all regions and all businesses Adjusted EBIT returned
More informationGoing forward in a determined way. March 5, 2012 Matti Alahuhta, President & CEO
Going forward in a determined way March 5, 2012 Matti Alahuhta, President & CEO Agenda Business development in 2011 Market development in 2011 Highlights of 2011 Market and business outlook 2012 2 KONE
More informationKONE s Interim Report for January June 2013
New KONE UltraRope technology raises tall buildings to new heights. KONE s Interim Report for January June 2013 The innovative KONE UltraRope will revolutionize the way tall buildings are designed and
More informationContinuously improving customer experience. HANNOVER, GERMANY
HANNOVER, GERMANY Continuously improving customer experience. To ensure excellent service, we gather constant customer feedback and carry out end-user research. This insight helps us to continuously improve
More informationInterim Report January March 2018
Interim Report January March 218 President and CEO Kjell Forsén April 25, 218 Vaisala First quarter 218 highlights Orders received EUR 87.1 (81.5) million, +7% With comparable rates +13% Order book EUR
More informationInterim Report Q4 FY 17
Interim Report Q4 FY 17 Quarter 4 / Fiscal Year 2017 Sustained positive development Sivantos delivered 3.1% organic growth 1) in Q4 FY2017. The moderate growth rate compared to previous quarters was a
More informationKONE H Half-year Financial Report
KONE H1 2017 Half-year Financial Report 2 H1/2017 KONE s January June 2017 review: Solid execution helped weather the headwinds April June 2017 Orders received declined by 0.6% to EUR 2,056 (4 6/2016:
More informationProfessional service for true peace of mind. SAKS, SAN FRANCISCO, USA
SAKS, SAN FRANCISCO, USA Professional service for true peace of mind. Our service professionals receive over 50 hours of technical, safety, customer service, and firstaid training every year to ensure
More informationP R E S S R E L E A S E
P R E S S R E L E A S E from ASSA ABLOY AB (publ) 2 November 2004 No. 12/04 ASSA ABLOY: CONTINUED STRONG ORGANIC GROWTH IN THE THIRD QUARTER Sales in the third quarter increased organically by 6% to SEK
More informationInterim Report Q1 FY 18
Interim Report Q1 FY 18 Quarter 1 / Fiscal Year 2018 Continued positive development extends into the new fiscal year Sivantos delivered 3.5% organic growth 1) in Q1 2018 with negative Fx translation effects
More informationInterim Report Q2 FY 18
Interim Report Q2 FY 18 Quarter 2 / Fiscal Year 2018 Strong revenue growth driven by Signia Nx Sivantos delivered a strong organic growth 1) of 9.8% in Q2 2018 while nominal growth at 3.6% accounted negative
More informationKONE Financial Statements 2007 January 25, 2008 President & CEO Matti Alahuhta. KONE Corporation
KONE Financial Statements 2007 January 25, 2008 President & CEO Matti Alahuhta 1 KONE Corporation Q4 High growth in orders received and operating income continued 10-12/2007 10-12/2006 Historical change
More informationKONE signalization, winner of 2009 Good Design Award. its second century. KONE celebrates its 100th anniversary by serving its customers worldwide.
KONE signalization, winner of 2009 Good Design Award Taking KONE into its second century. KONE celebrates its 100th anniversary by serving its customers worldwide. KONE Q2 Interim Report for january June
More informationKONE Q Interim Report for January September
KONE Q3 2017 Interim Report for January September 2 KONE s January September 2017 review: Orders back to growth, profitability continued to be under pressure July September 2017 Orders received declined
More informationFor personal use only
ASX / Media release 14 February 2017 COCHLEAR FINANCIAL RESULTS FOR THE SIX MONTHS ENDED DECEMBER 2016 Positive momentum continues across all markets Net profit of $111.4m, up 19% Cochlear implant units
More informationP R E S S R E L E A S E
P R E S S R E L E A S E from ASSA ABLOY AB (publ) 27 April 2004 No. 5/04 ASSA ABLOY Q1: ORGANIC GROWTH AND IMPROVED MARGINS IN ALL DIVISIONS Sales in the first quarter increased organically by 3% to SEK
More informationOperating profit improved clearly from last year and amounted to 12.0 MEUR (10.0 MEUR). Operating margin improved to 18.9% (15.8%).
STOCK EXCHANGE RELEASE 1 (11) INTERIM REPORT JANUARY TO MARCH 2007 Improved profitability for the first quarter Despite the weakening of US dollar and slow sales of winter fishing and sports equipment,
More informationDriving shareholder value
KONE CMD 2017 Driving shareholder value ILKKA HARA, CFO SEPTEMBER 29, 2017 AGENDA FINANCIAL OVERVIEW BUILDING ON THE STRONG BUSINESS MODEL INVESTING FOR THE FUTURE LOOKING AHEAD Financial overview 3 Sales
More informationInterim Report. First Quarter of Fiscal siemens.com. Energy efficiency. Intelligent infrastructure solutions. Next-generation healthcare
Energy efficiency Next-generation healthcare Industrial productivity Intelligent infrastructure solutions Interim Report First Quarter of Fiscal 2014 siemens.com Key to references REFERENCE WITHIN THE
More informationCover photograph: The Comcast experience, LED by Barco. Barco 9 months ended 30 September 2008
Cover photograph: The Comcast experience, LED by Barco Barco 9 months ended 30 September 2008 Obligations with regard to periodical information following the transparency directive effective as of 1 January
More informationHUHTAMÄKI OYJ INTERIM REPORT. January 1 September 30, 2012
HUHTAMÄKI OYJ INTERIM REPORT January 1 September 30, 2012 Q1- Huhtamäki Oyj, Interim Report January 1 September 30, 2012 Strong earnings growth Profitability improvement continued The North America segment
More informationINTERIM REPORT JANUARY MARCH President and CEO Håkan Buskhe 25 April, 2013
INTERIM REPORT JANUARY MARCH 2013 President and CEO Håkan Buskhe 25 April, 2013 JANUARY - MARCH IN BRIEF 2013 2013 Sweden International 2013 %-Change 2012 bookings 18,865 372 4,000 backlog 47,059 32 35,657
More information1 st Half-year, 2014 Danfoss delivers good half-year results
1 st Half-year, 2014 Danfoss delivers good half-year results www.danfoss.com www.danfoss.com Danfoss at a glance Danfoss is a world-leading supplier of technologies that meet the growing need for food
More information2 CEO's operational report. Arni Oddur Thordarson, CEO
1 2 CEO's operational report Arni Oddur Thordarson, CEO 2.1 Year of strategic moves and solid performance CEO's operational report Strategic acquisitions and strong organic growth On the Icelandic Stock
More informationSolid quarter with broad-based progress, strategic focus areas are delivering
Amer Sports Q3/2018 Solid quarter with broad-based progress, strategic focus areas are delivering October 25, 2018 Heikki Takala, President and CEO Profitable growth continued in Q3 Net sales EUR 757.2
More informationInterim report May July 2014/15
August 28, 2014 Interim report May July 2014/15 Order bookings increased 12* percent to SEK 2,341 M (2,027). Net sales decreased 4* percent to SEK 1,865 M (1,912). EBITA amounted to SEK -38 M (148) before
More informationHalf Year Financial Report 2016
Half Year Financial Report 16 Vaisala Corporation July 21, 16 Vaisala Q2/16 slightly below previous year s performance Q2/16 Q2/15 Change % Orders received, EUR million 77. 78.5-2 Order book, EUR million
More informationInterim report May July 2009/10
Interim report May July 2009/10 Order bookings rose 19* percent. Net sales increased by 15* percent. Operating profit rose to SEK 89 M (13). Profit after taxes increased to SEK 56 M (1). Earnings per share
More informationKeeping transit centers flowing with escalator innovations.
Keeping transit centers flowing with escalator innovations. KONE s latest escalator innovation, the KONE DirectDrive, is 20% more energy efficient than conventional solutions. It is easier and safer to
More informationStable development for ASSA ABLOY despite weak sales in the first quarter
23 April 2008 No: 08/08 Stable development for ASSA ABLOY despite weak sales in the first quarter First quarter As expected, the sales trend in Western Europe and North America was weak during the quarter,
More informationASSA ABLOY OFF TO AN EXCELLENT START
25 April 2007 25 April 2007 no:08/07 ASSA ABLOY OFF TO AN EXCELLENT START Sales in the first quarter increased by 8% to SEK 8,227 M (7,653), with 8% organic growth, 6% acquired growth and exchange-rate
More informationInterim Review January 1 June 30, 2011
Interim Review January 1 June 30, 2011 Metso Corporation s Interim Review January 1 June 30, 2011 Metso successful in new orders Figures in brackets, unless otherwise stated, refer to the comparison period,
More informationHuhtamäki Oyj Interim Report Q January 1 September 30, 2017
Huhtamäki Oyj Interim Report January 1 September 30, Huhtamäki Oyj s Interim Report January 1 September 30, Continued comparable growth in brief Net sales grew to EUR 732 million (EUR 719 million) EBIT
More informationOperating profit improved in the second quarter. Interim Report January June 2015
Operating profit improved in the second quarter Q2 2 Operating profit improved in the second quarter Figures in brackets, unless otherwise stated, refer to the same period a year earlier. SECOND QUARTER
More informationOur path towards the financial targets
KONE CMD 2018 Our path towards the financial targets ILKKA HARA, CFO SEPTEMBER 25, 2018 FINANCIAL OVERVIEW TOWARDS OUR FINANCIAL TARGETS Financial overview 3 Orders received have returned to growth Growth
More informationInterim report May July 2012/13
September 4, 2012 Interim report May July 2012/13 Order bookings increased 32 percent to SEK 2,252 M (1,700), equivalent to 13 percent excluding Nucletron, based on unchanged exchange rates. Net sales
More informationHalf year financial report
Half year financial report Six-month period ended June 30, 2016 Condensed Consolidated Financial Statements Management Report CEO Attestation Statutory Auditors Review Report Table of contents Condensed
More informationCOCHLEAR FINANCIAL RESULTS FOR YEAR ENDED JUNE 2017
ASX Announcement 17 August 2017 COCHLEAR FINANCIAL RESULTS FOR YEAR ENDED JUNE 2017 Cochlear s market leadership position has strengthened with market growth and market share improvements throughout the
More informationVaisala Corporation Interim Report January March 2018
Vaisala Corporation Interim Report April 25, 2018 at 2.00 p.m. (EEST) Vaisala Corporation Interim Report January March 2018 Good start for 2018: orders received and net sales increased and operating result
More informationHALF-YEAR REPORT Bobst Group SA
HALF-YEAR REPORT 2017 Bobst Group SA Bobst Group SA Half-year report 2017 KEY FIGURES In million CHF June 2017 June 2016 June 2015 Sales 643.2 600.4 524.7 Operating result (EBIT) 39.8 18.0 14.7 In % of
More informationFacts and figures. Interim Report as of June 30, 2017
Facts and figures. Interim Report as of June 30, 2017 2 Key figures as of June 30, 2017 3 Sustained growth and improved results 5 Consolidated interim financial statements 8 Notes to the consolidated interim
More informationSCANIA INTERIM REPORT JANUARY SEPTEMBER 2004
1 November 2004 The first nine months of 2004 turned out well, and volume rose in practically all markets. The new truck range has been well received by customers and the trade press. The changeover of
More information1 st Quarter, 2014 Danfoss delivers strong first quarter
1 st Quarter, 2014 Danfoss delivers strong first quarter www.danfoss.com www.danfoss.com Danfoss at a glance Danfoss is a world-leading supplier of technologies that meet the growing need for food supply,
More informationInterim Review January 1 September 30, 2011
Interim Review January 1 September 30, 2011 Metso Corporation s Interim Review January 1 September 30, 2011 Metso s strong performance continued Figures in brackets, unless otherwise stated, refer to the
More informationInterim Financial Report as at 30 September 2017
Interim Financial Report as at 30 September 2017 Interim Report as at 30 September 2017 TRANSLATION FROM THE ORIGINAL ITALIAN TEXT INDEX PREFACE... 4 INTERIM MANAGEMENT REPORT AS AT 30 SEPTEMBER 2017...
More informationImagine the result. Report second quarter and first half year 2009
Imagine the result Report second quarter and first half year 2009 2 Introduction ARCADIS NV Report second quarter and first half year 2009 Net income from operations increases 5% in second quarter, in
More informationHalf year financial report. January June 2017
Half year financial report January June 2017 Key figures 4-6/2017 4-6/2016 Change% 1-6/2017 1-6/2016 Change% 1-12/2016 Revenue, MEUR 196.0 192.4 1.9% 352.6 350.6 0.6% 775.8 Like-for-like revenue development,
More informationP R E S S R E L E A S E
P R E S S R E L E A S E from ASSA ABLOY AB (publ) 16 February 2005 No. 3/05 GOOD END TO A STRONG YEAR FOR ASSA ABLOY Sales for the fourth quarter increased organically by 4% to SEK 6,263 M (6,096) after
More informationTrend Micro FY Q / Annual Results. Mahendra Negi, CFO, Representative director February 4, 2003
Trend Micro FY2002. 4Q / Annual Results Mahendra Negi, CFO, Representative director February 4, 2003 1 Forward Looking Statements Certain statements that we make in this presentation are forward-looking
More informationinterim report January 1 March 31, 2011
Q1 interim report January 1 March 31, 2011 Helsinki, May 5, 2011 Strong first-quarter performance: net sales and operating profit up First quarter 2011 in brief: - Net sales increased 11% to EUR 189.3
More informationFUCHS PETROLUB / Q1 2013
FUCHS PETROLUB / Q1 2013 Conference Call Dr. Alexander Selent, Vice Chairman and CFO Reiner Schmidt, Member of the Group Management Committee Mannheim, 2 May 2013 FUCHS increases EBIT to 73.4 million and
More informationSteady top line growth in a mixed market
Steady top line growth in a mixed market Orders and revenues increased 1, orders steady to higher in all regions Operational EBITDA 2 and margin lower vs Q2 2011, margin up 1% point vs Q1 2012 Thomas &
More informationInterim report May July 2013/14
September 3, 2013 Interim report May July 2013/14 Order bookings decreased 2* percent to SEK 2,027 M (2,252). Net sales increased 21* percent to SEK 1,912 M (1,695). EBITA amounted to SEK 148 M (131) before
More informationContents Nilfisk Q2 Interim Report Q2 Interim Report 2017
Nilfisk Interim Report 1 Interim Report Nilfisk Interim Report 2 IN BRIEF Highlights of Performance in and the first half of in line with expectations 1.7% organic revenue growth for Nilfisk in and 3.0%
More informationBasware grew SaaS revenues by 99% and continued to invest in enablers for the 2018 strategy
Interim Report 1 (24) BASWARE INTERIM REPORT JANUARY 1 - JUNE 30, 2016 (IFRS) SUMMARY Basware grew SaaS revenues by 99% and continued to invest in enablers for the 2018 strategy January-June 2016: - Net
More informationA New Record in Sales and Earnings
For immediate release MEDIA CONTACT: INVESTOR CONTACT: U.S.A.: Lisa Beachy, Tel. +1 617 488 2945 Europe: Ulf Santjer, Tel. +49 9132 81 2489 Dieter Bock, Tel. +49 9132 81 2261 Herzogenaurach, Germany, February
More informationFunc Food Group Financial Release / Q1 2018
Func Food Group Financial Release / Q1 2018 Func Food Group Financial Release / Q1 2018 Func Food Group / Q1 2018 3 FUNC FOOD GROUP IN BRIEF Func Food Group ( FFG ) is a Nordic wellness company, which
More informationAEGIS GROUP PLC 2008 ANNUAL RESULTS. 19 March 2009
AEGIS GROUP PLC 2008 ANNUAL RESULTS 19 March 2009 AGENDA OVERVIEW OF RESULTS John Napier FINANCIAL REVIEW Alicja Lesniak OUTLOOK John Napier Q&A Aegis Group plc Page 2 OVERVIEW OF RESULTS John Napier,
More informationConsolidated Statement of Profit or Loss (in million Euro)
Consolidated Statement of Profit or Loss (in million Euro) Q1 2016 Q1 2017 % change Revenue 603 588-2.5% Cost of sales (408) (396) -2.9% Gross profit 195 192-1.5% Selling expenses (84) (86) 2.4% Research
More informationKONE signalization, winner of 2009 Good Design Award. its second century. KONE celebrates its 100th anniversary by serving its customers worldwide.
KONE signalization, winner of 2009 Good Design Award Taking KONE into its second century. KONE celebrates its 100th anniversary by serving its customers worldwide. KONE Q3 Interim Report for january September
More informationConsolidated Statement of Profit or Loss (in million Euro)
Consolidated Statement of Profit or Loss (in million Euro) Q3 2015 Q3 2016 % change 9m 2015 9m 2016 % change Revenue 661 625-5.4% 1,974 1,873-5.1% Cost of sales (453) (415) -8.4% (1,340) (1,239) -7.5%
More informationCourse of Business and Economic Position
0 Course of Business and Economic Position Group Overview of 07 Group net sales increase slightly by.0% to 5.3 billion Healthcare and Life Science deliver organic sales growth EBITDA pre of 4.4 billion
More informationInterim Results 9-month figures FY 11
Interim Results 9-month figures FY 11 Bernhard Schreier, CEO Dirk Kaliebe, CFO Robin Karpp, Head of Investor Relations Heidelberger Druckmaschinen AG February 09, 2011 Highlights FY 11 Order intake increased
More informationInterim Report 30 September 2011
Interim Report 30 September 2011 Third quarter 2011 Net sales amounted to EUR 244 (204) million, an increase of 20 percent compared to third quarter 2010, of which volume growth accounted for 9 percentage
More informationRAPALA VMC CORPORATION STOCK EXCHANGE RELEASE 3 AUGUST (11)
RAPALA VMC CORPORATION STOCK EXCHANGE RELEASE 3 AUGUST 2006 1 (11) INTERIM REPORT JANUARY TO JUNE 2006 April to 2006 Result Strongly Affected by Currency Movements Second quarter net sales were up 6% from
More informationOperating profit increased by 34 percent to 50.0 MSEK (37.2). Result after tax increased by 36 percent to 51.4 MSEK (37.7).
Interim report January - June 2018 July 16, 2018 Record figures for sales as well as operating profit Second quarter, April - June 2018 Net sales amounted to 236.1 MSEK (196.3), which is an increase by
More informationPress Release HUGO BOSS First Half Year Results HUGO BOSS accelerates growth in second quarter of 2015
Press Release HUGO BOSS First Half Year Results HUGO BOSS accelerates growth in second quarter of Sales rise by 16% in reporting currency and 7% currency-adjusted 6% increase in retail comp store sales
More informationASSA ABLOY S INCREASED GROWTH DRIVEN BY GLOBAL TECHNOLOGIES
17 August 2005 No 10/05 ASSA ABLOY S INCREASED GROWTH DRIVEN BY GLOBAL TECHNOLOGIES Sales for the second quarter of 2005 increased organically by 6% to SEK 6,984 M (6,533) Quarterly operating income is
More informationBasware expects its net sales and operating profit (EBIT) for 2015 to grow compared to 2014.
Interim Report 1 (21) BASWARE INTERIM REPORT JANUARY 1 SEPTEMBER 30, 2015 (IFRS) SUMMARY Revenue developed favourably with key markets growing 95 percent January September 2015: - Net sales EUR 104 200
More informationFirst-quarter figures: Sartorius Stedim Biotech off to a dynamic start into 2018
First-quarter figures: Sartorius Stedim Biotech off to a dynamic start into Group revenue up 9.8%; driven by positive development in all regions Exchange rate effects dampen profit growth Guidance for
More informationContinued weak market but strong earnings
29 July 2009 No. 08/09 Continued weak market but strong earnings Sales totaled SEK 8,921 M (8,526), an increase of 5%, with 14% organic growth, 4% acquired growth and exchange-rate effects of 15%. The
More information+ 6 % Earnings (EBIT) increase to 297 million
Quarterly statement as at September 30, 2018 Q3 / 2018 Sales revenues up by 5 % to 1,953 million + 6 % Earnings (EBIT) increase to 297 million (including one-off effect) Outlook updated: Sales revenue
More informationInterim Management Statement January August 2017 (Unaudited)
Interim Management Statement January August 2017 (Unaudited) Table of Contents Highlights... 3 Key figures and ratios... 3 President and CEO s comments... 4 Operating and financial review Comprehensive
More informationMISUMI Group Inc. Table of contents. FY18 1H earnings overview. FY18 1H earnings overview
Table of contents MISUMI Group Inc. FY1 (ending March 19) First half year () earnings report 1. earnings overview. FY1 full year consolidated earnings forecasts 11 October 3, 1 Representative Director,
More informationAdjusted revenue up +1.5% to 1,641.4 million. Adjusted organic revenue up +0.4%, with an accelerating Q2 at +1.5%
H1 2017 Results Adjusted revenue up +1.5% to 1,641.4 million Adjusted organic revenue up +0.4%, with an accelerating Q2 at +1.5% Adjusted operating margin of 255.0 million, down -3.6% Adjusted EBIT, before
More informationStonesoft Corporation Stock Exchange Release 19 October 2012 at 9:15 a.m.
Stonesoft Corporation Stock Exchange Release 19 October 2012 at 9:15 a.m. STONESOFT CORPORATION INTERIM REPORT FOR JANUARY-SEPTEMBER 2012 Growth of product sales and net sales continues In the third quarter,
More information1Q 2018 Highlights and Operating Results
1Q 2018 Highlights and Operating Results April 26, 2018 1 Table of Contents Page(s) 4 Announced Agreements to Acquire Australia and New Zealand Security Businesses 5-9 Sales Overview 10-17 Financial Performance
More informationHUHTAMÄKI OYJ INTERIM REPORT. January 1 March 31, 2013
HUHTAMÄKI OYJ INTERIM REPORT January 1 March 31, 2013 Huhtamäki Oyj, Interim Report January 1 March 31, 2013 Net sales and EBIT increased Net sales growth of 4% led by the foodservice acquisition in Asia
More informationQ2 net income of $126 million
Q2 net income of $126 million n EBIT up 16 percent to $371 million on strong operational performance, despite a number of special charges n Group orders grew 8 percent, revenues 10 percent n Cash fl ow
More informationASSA ABLOY REPORTS STRONG SALES
25 April 2006 25 April 2006 no: 8/06 ASSA ABLOY REPORTS STRONG SALES Sales for the first quarter increased organically by 12% to SEK 7,653 M (6,269). The operating margin (EBIT) for the first quarter amounted
More information3Q 2018 Highlights and Operating Results. Products. Technology. Services. Delivered Globally.
3Q 2018 Highlights and Operating Results Products. Technology. Services. Delivered Globally. Table of Contents Page 3 Safe Harbor Statement and Non-GAAP Financial Measures 4 Sales Overview 9 Overview of
More informationInterim Results 6-month figures FY 11
Interim Results 6-month figures FY 11 Bernhard Schreier, CEO Dirk Kaliebe, CFO Andreas Trösch, Head of Investor Relations Heidelberger Druckmaschinen AG November 10, 2010 Highlights Q2 FY 11 650 million
More informationHalf-Year Review January 1 June 30
2018 Half-Year Review January 1 June 30 1 Metso s Half-Year Review January 1 June 30, 2018 All figures relating to 2017 have been restated to reflect the adoption of the IFRS 15 standard and the revision
More informationEarnings Release Q1 2017
First-quarter figures: Sartorius starts off with double-digit growth Group sales revenue up 12.2%; earnings 1 up 17.0% Lab Products & Services shows very dynamic performance driven by organic growth and
More informationFirst half sales growth and positive market conditions give confidence for an upgraded outlook for the year
First half year report of 2017 for ROCKWOOL International A/S Release no. 8 2017 to Nasdaq Copenhagen First half sales growth and positive market conditions give confidence for an upgraded outlook for
More informationFull Year Results 2014
Legal disclaimer Information in this presentation may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties.
More informationNine-month figures for 2018: Sartorius Stedim Biotech continues to grow by double digits
Nine-month figures for : Sartorius Stedim Biotech continues to grow by double digits Group sales revenue up 13.8%; order intake up 14.5%; earnings margin 28.1% Dynamic development across all product categories
More informationContents Nilfisk Q2 Interim Report Q3 Interim Report 2017
Contents Nilfisk Q2 Interim Report 1 Interim Report Contents Nilfisk Q2 Interim Report 2 IN BRIEF Highlights of Performance in and the first nine months of in line with expectations The outlook for organic
More informationCapital & ownership of the company s shares
Barco 6 annual months report ended 30 June 2006 Key figures 2006 2005 2006 2005 [ in thousands of euro* ] 2 nd quarter 2 nd quarter 1 st half 1 st half 2 Net sales* 186,003 176,896 358,060 330,542 Gross
More informationAmer Sports Corporation Interim Report January March 2012
1 (19) Amer Sports Corporation INTERIM REPORT April 27, at 1:00 pm Amer Sports Corporation Interim Report January March JANUARY MARCH Net sales EUR 489.8 million (January-March : EUR 449.1 million). In
More informationFirst quarter Δ. Sales, SEK M 15,891 18,142 14%
Sales increased by 14% to SEK 18,142 M (15,891), with organic growth of 6% (3). Acquisitions contributed 3% Strong growth was shown by Global Technologies, Entrance Systems, Americas and EMEA, and good
More information2Q 2017 Highlights and Operating Results
2Q 2017 Highlights and Operating Results July 25, 2017 1 2Q 2017 Highlights and Operating Results Table of Contents Page(s) 1 Sales Overview and Highlights 4-5 2 NSS Overview 6-7 3 EES Overview 8-9 4 UPS
More informationQ Interim Report. October 25, 2018 Panu Routila, President & CEO Teo Ottola, CFO
Q3 2018 Interim Report October 25, 2018 Panu Routila, President & CEO Teo Ottola, CFO 2 Agenda 1. Group highlights 2. Business Area Service 3. Business Area Industrial Equipment 4. Business Area Port Solutions
More informationOrder intake up, operating profit at previous year s level. Interim Report January September 2015
Order intake up, operating profit at previous year s level Q3 2 Order intake up, operating profit at previous year s level Figures in brackets, unless otherwise stated, refer to the same period in the
More informationFinancial Information
Financial Information H1 revenues reached 12.8bn up 9.8%, flat org. in Q2 Adj. EBITA reached 1.6bn, up 6.4%, Adj. EBITA margin flat excl. Invensys in a challenging environment 2015 targets: Around flat
More information