

Overall, Wincor Nixdorf AG was able to maintain its course in fiscal 2008/2009, despite the previously unforeseeable widening of the global economic crisis, with only a moderate decline in sales albeit a more pronounced fall in profit. Even in the face of these tougher conditions, we vigorously pursued the Company’s strategic performance objectives. Thanks to an effective approach to cost management, we were also able to prepare the Company for business in what is now a considerably different environment. The Supervisory Board supported and monitored the activities successfully performed by the Board of Directors during the period under review.
