Ascom grows healthcare revenue within a mixed first half-year
(WorldNews Europe)

Eventful and challenging first half-year 2018 While the developments in net revenue and EBITDA margin were below Ascom`s expectations, the increase in incoming orders and the good level of order backlog are positive achievements. Ascom succeeded in winning important orders in all geographic regions. Incoming orders came to CHF 169.3 million (H1/2017: CHF 158.0 million), resulting in an increase of 7.2% (+2.4% at constant currencies). The high order backlog of CHF 164.0 million by mid-year 2018 (30 June 2017: CHF 136.8 million) supports the expected growth in the second half of 2018. Given the longer delivery cycles in the software and solutions business, not all order backlog will be...