Segment Reporting


Segment Performance. The Banking segment performed extremely well in the first quarter, achieving net sales growth of 12% to €456 million (previous year: €406 million). EBITA generated by the Banking segment rose by €5 million to €46 million (previous year: €41 million) in the first three months of the fiscal year, outpacing last year’s figure by 12%.

Key Performance Indicators: Banking Segment.

€m

 

1st quarter
2008/2009

1st quarter
2007/2008

Change

Net sales

456

406

12%

EBITA

46

41

12%

EBITA margin (%)

10.1

10.1

At €190 million (previous year: €196 million), net sales within the Retail segment were down by a slender 3% on last year’s first-quarter figure. At €10 million, EBITA for the Retail segment was down on last years figure (previous year: €11 million) which is equivalent to a decrease of 9%.

Key Performance Indicators: Retail Segment.

€m

 

1st quarter
2008/2009

1st quarter
2007/2008

Change

Net sales

190

196

–3%

EBITA

10

11

–9%

EBITA margin (%)

5.3

5.6

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