* see IDC data 2Q 2015
** These figures, which include such items as intangible asset amortization, imputed interest expense of promissory notes and others, are provided for greater transparency and to aid further analysis of the business.
*** The Company provided financial breakdowns by product through the FY14/15 Q2 results announcement. After the Motorola and System x investments closed during Lenovo’s FY14/15 Q3, Lenovo began reporting by business group in order to aid understanding of the performance of these businesses.
About Lenovo
Lenovo (HKSE: 992) (ADR: LNVGY) is a $46 billion global Fortune 500 company and a leader in providing innovative consumer, commercial, and enterprise technology. Our portfolio of high-quality, secure products and services covers PCs (including the legendary Think and multimode YOGA brands), workstations, servers, storage, smart TVs and a family of mobile products like smartphones (including the Motorola brand), tablets and apps. Join us on LinkedIn, follow us on Facebook or Twitter ( @Lenovo) or visit us at www.lenovo.com.
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LENOVO GROUP FINANCIAL SUMMARY For the fiscal quarter ended June 30, 2015 (in US$ millions, except per share data) |
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| Revenue | 10,716 | 10,395 | 3% | |||
| Gross profit | 1,647 | 1,349 | 22% | |||
| Gross profit margin | 15.4% | 13.0% | 2.4pts | |||
| Operating expenses | (1,551) | (1,058) | 47% | |||
| Expenses-to-revenue ratio | 14.5% | 10.2% | 4.3pts | |||
| Operating profit | 96 | 291 | -67% | |||
| Other non-operating expenses | (44) | (27) | 61% | |||
| Pre-tax income | 52 | 264 | -80% | |||
| Taxation | 50 | (53) | N/A | |||
| Profit for the period | 102 | 211 | -52% | |||
| Non-controlling interests | 3 | 3 | 11% | |||
| Profit attributable to equity holders | 105 | 214 | -51% | |||
| EPS (US cents) | ||||||
| Basic | 0.95 | 2.06 | -1.11 | |||
| Diluted | 0.94 | 2.03 | -1.09 | |||
