Performance by business stream

Product revenues in Q1 grew 9% to € 297 million (previous year: € 273 million). Revenue from solutions and services were 5% ahead at € 191 million (previous year: € 182 million).

As a result, solutions and services accounted for 39% of net sales (previous year: 40%), with product revenues accordingly making up the remaining 61% (previous year: 60%).