Financial report for fourth quarter and full year 2016: Robust growth, increased margin and profit (ISS A/S)
(WorldNews Denmark)

(Source: ISS A/S ) ISS (ISS.CO, ISS DC, ISSDY), a leading global provider of facility services, announces its financial results for the fourth quarter and full year 2016. Highlights Organic revenue growth of 3.4% for the year and 2.9% in Q4 (Q3 2016: 3.3%). Total revenue decreased by 1% for the year and was flat year-on-year in Q4 (Q3 2016: decrease of 1%) driven by currency effects which reduced revenue by 3% for the year and 3% in Q4. Operating margin of 5.8% for the year (2015: 5.7%) and 6.7% in Q4 (Q4 2015: 6.6%). Cash conversion over the last twelve months of 98% (Q3 2016: 95%...