The Banking segment performed very well in the first quarter, achieving net sales growth of 20% year on year – net sales increased from €290 million a year ago to €349 million in the period under review. The segment proved particularly successful in Europe, but also generated forward momentum in other regions. Growth was driven by both product and services business. EBITA within the Banking segment rose by €6 million to €35 million in the first quarter (previous year: €29 million), thus breaching the mark recorded a year ago by 21%.

The Retail segment achieved net sales growth of 1% in the first three months of the current fiscal year, taking net sales to €200 million (previous year: €198 million). EBITA generated in the Retail segment rose by 10% to €11 million(previous year: €10 million).