In the first quarter of 2016, orders received totaled CHF 2 467 million, an increase of 1.0% from CHF 2 443 million in the first quarter of 2015 (+2.0% in local currencies). Revenue grew by 1.8% to CHF 2 176 million (+3.3% in local currencies). Operating profit (EBIT) improved by 5.9% to CHF 235 million (+9.5% in local currencies). The EBIT margin rose from 10.4% to 10.8%. Net profit was CHF 182 million, exceeding the result for the first quarter of 2015 by 8.3%