Profit


Reconciliation of Result from Business Operations (EBITDA).

€m

 

9 months
2007/2008

9 months
2006/2007

Profit for the period

93

76

+ Income taxes

40

43

+ Financial result

9

8

+ Amortization of product know-how (exceptional item)

10

11

EBITA before amortization of product know-how

152

138

+ Amortization/Depreciation of property rights, licenses and property, plant and equipment

33

30

+ Write-down of reworkable service parts

4

3

EBITDA before amortization of product know-how

189

171

In the first nine months of fiscal 2007/2008 earnings before interest, taxes and amortization of product know-how (EBITA) grew by 10%, reaching €152 million in total (previous year: €138 million). The EBITA margin improved by 0.1 percentage points to 8.7% (previous year: 8.6%).

Profit for the first three quarters rose to €93 million, which was €17 million or 22% up on last year’s figure of €76 million. Profit for the period before carve-out charges grew by 20% to €100 million (previous year: €83 million).

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