Continued solid revenue growth in Q1 2016
Price and cost discipline maintained
First quarter 2016 highlights
- Revenues up 4% organically[1]
- Gross profit up 2% organically
- Gross margin down 10 bps to 19.0%, impacted by timing of bank holidays
- SG&A up 4% organically
- EBITA[2] of EUR 228 million, down 5% organically
- EBITA margin of 4.3%, down 30 bps
- Closing of Penna Consulting Plc acquisition expected to be effective as of today May 10, 2016
Provider | Channel | Contact | ||
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Tensid Ltd., Switzerland www.tensid.ch |
newsbox.ch www.newsbox.ch |
Provider/Channel related enquiries marco@tensid.ch +41 41 763 00 50 |