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Financial Information

Landis+Gyr Group AG, Zug

Landis+Gyr is the leading global provider of integrated energy management solutions for the utility sector. Offering the broadest portfolio of products and services to address complex industry challenges, the company delivers comprehensive solutions for the foundation of a smarter grid, including smart metering, distribution network sensing and automation tools, load control, analytics and energy storage. Landis+Gyr operates in over 30 countries across five continents. With sales of approximately USD 1.7 billion, the company employs c. 6,000 people with the sole mission of helping the world manage energy better.

View Annual Report 2017-18

View Company Profile 2016-17

View Company Profile 2015-16

View Sustainability Report 2017-18

View Sustainability Report 2016-17

Financial Results

2018

View Half Year Results 2018

2017

View Full Year Results 2017
View Half Year Results 2017

Key Figures

Key figures (in USD million) FY 2017 FY 2016 FY 2015
Net revenue 1,737.8 1,659.2 1,573.5
R&D investments 163.8 162.8 148.3
Net income/(loss) 46.8 (62.1) (13.5)
EBITDA(1) 145.1 150.8 160.0
Adjusted EBITDA(2) 212.0 212.0 221.0
Employees (FTE) 5,915 5,919 6,001

Audited figures: Financial year ended per March 31

(1) EBITDA is calculated as net income (loss) excluding interest income and expense, net gain (loss) on foreign exchange related to intercompany loans, net, income tax expense (benefit), amortization of intangible assets, depreciation and impairment of fixed assets and long-term assets. EBITDA is a non-U.S. GAAP financial measure.

(2) Adjusted EBITDA is calculated as EBITDA adjusted for restructuring charges (2017/18: 14.7 million; 2016/17: USD 3.8 million; 2015/2016: USD 5.9 million), exceptional warranty related expenses (2017/18: 2.4 million; 2016/17: USD 6.4 million; 2015/16: USD 44.2 million), warranty normalization adjustments (2017/18: 24.2 million; 2016/17: USD 25.2 million; 2015/16: USD 5.5 million) and special items (2017/18: 25.6 million; 2016/17: USD 25.7 million; 2015/16: USD 5.4 million). Adjusted EBITDA is a non-U.S. GAAP financial measure.

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