|
|
|
|
|
1st quarter |
1st quarter |
Change |
Financial Statement (€ million)3 |
|
|
|
Net sales |
602 |
549 |
10% |
thereof banking |
406 |
349 |
16% |
thereof retail |
196 |
200 |
–2% |
Gross profit |
160 |
147 |
9% |
Gross profit as a percentage of net sales |
26.6% |
26.8% |
– |
Research & development expenses |
–23 |
–22 |
5% |
R&D expenses as a percentage |
3.8% |
4.0% |
– |
Selling, general and administration expenses 4 |
–85 |
–79 |
8% |
SG&A expenses as a percentage |
14.1% |
14.4% |
– |
Operating profit (EBITA) 5 |
52 |
46 |
13% |
EBITA as a percentage of |
8.6% |
8.4% |
– |
thereof banking |
41 |
35 |
17% |
Banking as a percentage of net sales |
10.1% |
10.0% |
– |
thereof retail |
11 |
11 |
0% |
Retail as a percentage of net sales |
5.6% |
5.5% |
– |
Depreciation of tangible assets and amortization of licenses |
10 |
11 |
–9% |
EBITDA |
62 |
57 |
9% |
EBITDA as a percentage of net sales (EBITDA margin) |
10.3% |
10.4% |
– |
Net profit for the period |
32 |
26 |
23% |
Net profit for the period as a |
5.3% |
4.7% |
– |
Net profit for the period before carve-out |
34 |
28 |
21% |
Net profit for the period before carve-out as |
5.6% |
5.1% |
– |
|
|
|
|
Cash flow (€ million) |
|
|
|
Cash flow from operating activities |
72 |
66 |
9 % |
|
|
|
|
|
Dec. 31, 2007 |
Sept. 30, 2007 |
Change |
Key Balance Sheet Figures (€ million) |
|
|
|
Working Capital 6 |
220 |
255 |
–35 |
as a percentage of net sales (annualized) |
9.1% |
11.9 % |
– |
Net debt |
148 |
182 |
–34 |
Equity 7 |
287 |
278 |
9 |
|
|
|
|
Human Resources |
|
|
|
Number of employees |
8 578 |
8 379 |
199 |
1) |
Oct. 1, 2007 – Dec. 31, 2007. |
2) |
Oct. 1, 2006 – Dec. 31, 2006. |
3) |
before profit charges arising from carve-out. |
4) |
including other operating income and expenses. |
5) |
net profit on operating activities before interest, taxes and amortization of goodwill and product know-how. |
6) |
without reworkable service parts. |
7) |
including minority interest. |
