Interest paid of $ 64 million looks excessive (
vs. operating profit), but is clearly offset by almost $ 1.2 billion of balance sheet cash.
Not exact matches
Operating profit rises 22.9 %
vs. year - ago, on a 28.1 % boost in revenues.
In 2009 - 11, average adjusted
operating profit was at 11.1 %
vs. a GAAP avg.
Saga's adjusted
operating profit margin has actually tripled
vs. the 7.6 % margin we saw in FY - 2014.
- Why the headlines regarding Berkshire's Q1 earnings — a net loss of $ 1.1 billion
vs. a $ 4.1 billion
profit in Q1 ’17 — were totally misleading and why it was, in fact, a blowout quarter, with
operating earnings up an astonishing 49 %
revenue of $ 934 million — unfortunately, we continue to see the same cash flow issue each year, on average a 20 % + shortfall in Op FCF (
vs. adjusted
operating profit) over 2015 - 16, implying an adjusted 8.6 % margin is more appropriate in determining a suitable 0.875 Price / Sales multiple.