Johnson Electric reports 16% increase in net profit for the half year ended 30th September 2017
- Written by Reporters
Highlights of 2017/18 Half-Year Results
- Group sales US$1,532 million -- up 12% compared to first half of the prior financial year. Excluding the impact of acquisitions and foreign exchange rate changes, sales increased by 6%
- EBITDA increased 15% to US$260 million or 17.0% of sales (16.5% in prior year)
- Operating profit increased 15% to US$170...