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Order intake from October through December remained steady at $7.65 billion, the maker of industrial robots, electric car charging stations and automation solutions announced Thursday. Even comparatively, there was no change compared to the previous year.
Comparable sales rose 6 percent to $8.25 billion. This also led to higher profitability. Operating margin (EBITDA margin) increased by 1.5 points to 16.3 percent.
A different picture emerges when it comes to net profit, which is affected by many specific factors. This figure decreased by 19 percent to $946 million.
Net profit for the entire year reached 3.85 billion dollars, an increase of 46 percent compared to the previous year. The dividend will be increased by 3 cents to 0.87 francs. (SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
