Segment performance
The banking segment saw net sales up 19% to € 874 million (previous year: € 737 million) during the first three quarters, driven by significant rates of growth in both product and services business across all regions. Q3 net sales growth in banking was 21%. During the first three quarters, EBITA in the banking segment reached € 88 million (previous year: € 74 million), 19% ahead of the same period last year.
The retail segment grew its net sales by 6% during the first nine months of the fiscal year to reach € 561 million (previous year: € 528 million), benefiting significantly from good product sales of reverse vending systems in Germany. In fiscal Q3, retail net sales growth was 8%. Nine-month EBITA in the retail segment was up 20% to € 30 million (previous year: € 25 million).

