Group Interim Management Report


Business Growth in First Half – Global Economic Crisis Noticeable.

  • Net sales: up 4%
  • Operating profit (EBITA): up 2%
  • Profit for the period: up 5%
  • Regional performance remains inconsistent.
    Germany: up 26%
    Europe: down 9%
    Asia/Pacific/Africa: up 20%
    Americas: down 1%
  • Both Banking and Retail segment contribute to growth.

Outlook unchanged: net sales and EBITA for fiscal 2008/2009 expected to be comparable to last year’s figure – Magnitude and duration of economic crisis remain difficult to predict.

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