Reconciliation of Result from Business Operations (EBITDA). |
€m |
||
|
9 months |
9 months |
|
Profit for the period |
87 |
93 |
|
+ |
Income taxes |
38 |
40 |
+ |
Financial result |
8 |
9 |
+ |
Amortization of product know-how (exceptional item) |
5 |
10 |
EBITA before amortization of product know-how |
138 |
152 |
|
+ |
Amortization/Depreciation of property rights, licenses and property, plant and equipment |
35 |
33 |
+ |
Write-down of reworkable service parts |
5 |
4 |
EBITDA before amortization of product know-how |
178 |
189 |
|
Earnings before interest, taxes and amortization of product know-how (EBITA) in the first three quarters were down 9% at €138 million (previous year: €152 million). The EBITA margin fell 0.7 percentage points to 8.0% (previous year: 8.7%).
Profit for the first nine months stood at €87 million, down 6% on the corresponding figure of €93 million for 2007/2008. Profit for the period before carve-out charges showed a decline of 9% to €91 million (previous year: €100 million).
