Nov '16
EBITDA also fell lower at CHF 81 million, or 14.7 per cent of sales in the three months to September 30, 2016 compared to CHF 111 million and 17.5 per cent of sales in the prior year's third quarter.
In the quarter under review, EBIT stood at CHF 37 million, correlating to a margin of 6.8 per cent vis-à-vis CHF 70 million and a margin of 11.1 per cent in the third quarter of last year.
According to the group, a positive trend was noted in the staple fibres, carpet yarns and plastic processing markets, which contributed to the textile machinery segment's improved order intake. (AR)
Fibre2Fashion News Desk – India
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