Reconciliation of Result from Business Operations (EBITDA). |
€m |
||
|
6 months 2008/2009 |
6 months 2007/2008 |
|
Profit for the period |
64 |
61 |
|
+ |
Income taxes |
28 |
27 |
+ |
Financial result |
6 |
6 |
+ |
Amortization of product know-how (exceptional item) |
5 |
7 |
EBITA before amortization of product know-how |
103 |
101 |
|
+ |
Amortization/Depreciation of property rights, licenses and property, plant and equipment |
23 |
21 |
+ |
Write-down of reworkable service parts |
3 |
1 |
EBITDA before amortization of product know-how |
129 |
123 |
|
In the first half of fiscal 2008/2009 earnings before interest, taxes and amortization of product know-how (EBITA) grew by 2%, reaching €103 million in total (previous year: €101 million). The EBITA margin decreased by 0.2 percentage points to 8.3% (previous year: 8.5%).
Profit for the first six months rose to €64 million, which was 5% up on last year’s figure of €61 million. First-half profit before carve-out charges grew by 3% to €68 million (previous year: €66 million).
