As expected, nine-month results dominated by tough third quarter and significant impact of global economic crisis.
- Net sales: down 1%
- Operating profit (EBITA): down 9%
- Profit for the period: down 6%
- Regional performance remains uneven.
Germany: up 17%
Europe: down 13%
Asia/Pacific/Africa: up 13%
Americas: up 1% - Growth in Software/Services business unable to offset decline in Hardware area.
- Decrease in net sales in the third quarter in the Banking segment (–10%) as well as in the Retail segment (–13%), with impact on operating profit (–31%).
Outlook: net sales in fiscal 2008/2009 expected to be slightly below the level of last year/EBITA adversely affected by pressure on margins.
