Sumitomo Heavy Industries Ltd (STU:SSM1)
€ 17.6 -0.20 (-1.12%) Market Cap: 2.15 Bil Enterprise Value: 2.99 Bil PE Ratio: 454.06 PB Ratio: 0.59 GF Score: 69/100

Full Year 2019 Sumitomo Heavy Industries Ltd Earnings Presentation Transcript

May 09, 2019 / 04:30AM GMT
Release Date Price: €29.56 (+2.11%)
Shinji Shimomura
Sumitomo Heavy Industries, Ltd. - President, CEO & Representative Director

Good afternoon. My name is Shimomura. I would like to give my presentation in accordance with the agenda shown on the slide. Here is the financial summary for fiscal year 2018.

Orders came to JPY 952.2 billion, up JPY 88.2 billion year-on-year. Net sales JPY 903.1 billion, exceeding the JPY 900 billion mark for the first time in the company's history. This represents an increase of JPY 112 billion year-on-year. Operating income, JPY 75.2 billion, up JPY 5.3 billion year-on-year.

The company achieved positive growth both on sales and profit as well as record high orders and net sales in history. Major drivers were the strong performance of the Construction Machinery and Environmental Facilities & Plants segments

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