Continued good growth for the Group despite a slower quarter in Construction.
Strong growth in the quarter. Solid order intake, revenue and result. Continued strong performance in Construction Equipment and After Sales. Integration according to plan and significant contribution on order intake and revenues from acquired businesses.
Solid Performance · The integration of the acquired businesses progressed according to plan · Avanti Wind Systems was consolidated from 1 February 2017 · Facade Access Group was consolidated from 1 March 2017 · EBITA margin adj. of 11.7% (13.2), due to lower margins in the acquired businesses and in line with company expectations · Organic revenue growth was 6%, while reported revenues increased 71% · Organic order intake growth was 14%, while reported order intake grew 66% · The acquired companies contributed significantly to Group order intake and sales