- Global
Land Systems: Results For The Quarter Ended 30 June 2012
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 profit before tax”
|
FINANCIAL HIGHLIGHTS for the second quarter ended 30 June 2012 |
|||||
| |
2012 2Q |
2011 2Q |
Growth %
|
2012 1Q |
Growth % |
|---|---|---|---|---|---|
| Revenue ($m) | 391 | 353 | 11 | 321 | 22 |
| Earnings before interest and tax (EBIT) ($m) | 24.4 | 29.6 | (17) | 25.0 | (2) |
| Other income, net ($m) | 7.6 | 3.0 | 149 | 2.6 | 194 |
| Finance income/(costs), net ($m) | (1.6) | (4.5) | 63 | (4.7) | 65 |
| Profit before tax (PBT) ($m) | 32.0 | 30.2 | 6 | 23.7 | 35 |
| Profit attributable to shareholders ($m) | 23.6 | 22.0 | 7 | 21.2 | 11 |
- Economic Value Added for the first half of 2012 was $29.5 million
“We achieved comparable sales and PBT in 1H2012. We will continue to pursue new orders for our defence business and expand the range and market reach of our commercial products."
~ Sew Chee Jhuen, President
Land Systems 2Q2012 Unaudited Results
N.B.: All currencies are in Singapore dollars.
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