Order backlog grew 11% year-over-year, while net sales declined 5.3% due to project delays in Secure Communication. Profitability improved sharply, with EBITA margin rising to 5.2% and net profit turning positive. Security Systems showed strong margin recovery and operational improvements.Original…
Order backlog grew 11% year-over-year, while net sales declined 5.3% due to project delays in Secure Communication. Profitability improved sharply, with EBITA margin rising to 5.2% and net profit turning positive. Security Systems showed strong margin recovery and operational improvements.
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