Operating margin was breakeven, compared to a negative operating margin of 133% in its fiscal third quarter, primarily due to impairment charges related to the closure of its PWS operations. Fiscal 2014, EES produced an operating margin of 5.3% and negative operating margin of 28.6% for fiscal 2015.
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New orders in EES have declined sequentially in fiscal 2015 to US$153 million, down from US$238 million in fiscal 2014.
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