Eaton: 2016 as a whole will also bring a minus
In the 1st quarter 2016 Eaton Corp. only managed to realize a turnover of USD 4,813 m (EUR 4,202 m), a minus of 8% compared to the same period last year.
The operating result stood at USD 669 m (EUR 584 m), a minus of 11%. Net profits amounted to USD 404 m (EUR 353 m) and thus also to a minus of 13%.
The Electrical Products division recorded a 1% minus (USD 1,680 m=EUR 1,467 m), Electrical Systems and Services a 7% minus (USD 1,342 m= EUR 1,172 m) and the other corporate divisions without exception lay in the red.