Search ST Engineering

English
AA

Land Systems: Results For The Year Ended 31 December 2015

Details on how the business of the Sector is managed and its related performance are set out below. This information is given on a voluntary basis and from the perspective of the Sector management, as its disclosure is not required by law or regulation.

Land Systems
“Higher Profits”

FINANCIAL HIGHLIGHTS for the year ended 31 December 2015

 

2015

2014

Growth%

Revenue ($m)

1,401

1,405

0

Earnings before interest and tax (EBIT) ($m)

47.2

38.7

22

Other income, net ($m)

11.6

13.0

(11)

Finance costs, net ($m)

(10.4)

(8.5)

(22)

Profit before tax (PBT) ($m)

65.0

56.2

16

Profit attributable to shareholders ($m)

55.7

50.3

11

Economic value added (EVA) ($m)

15.0

5.0

200

 

Land Systems FY2015 Audited Results 

“FY2015 revenue was comparable to FY2014. Higher PBT in 2015 was due mainly to lower allowances and provisions, partially offset by unfavourable product mix. 

In 2016, we will pursue key programmes and continue to improve productivity. We will continue to collaborate with partners to penetrate new markets and pursue new customers.” ~Ravinder Singh, President

N.B.: All currencies are in Singapore dollars.

 

Top