Moderate growth, however improved profitability for QFY18: ESAB hasrecorded a turnover growth of 1.7% sequentially & 8.7% growth YoY for Q1FY17 owing to pressurized macro conditions and lower off-take from customer end. EBITDA, EBIT & Adj. PAT margins have recorded an expansion by 309 bps, 352 bps& 27 bps QoQ to reach 9.8%, 8.0% & 7.3% respectively.