Net Sales by Business Stream.
Hardware as growth driver, further expansion in Software/Services.
Hardware business developed favorably in the fiscal year just ended, so much so that it proved to be the principal growth driver for the Group. Software/Services, by contrast, expanded only slightly over the course of the financial year. As a result of these trends, the share of Software/Services business in total net sales for the Group fell for the first time in several years – down to 56% (2014/2015: 58%).
Net Sales Split: Hardware and Software/Services.
At €1,134 million, consolidated net sales attributable to Hardware were up 12% on the previous year (2014/2015: €1,015 million). This significant year-on-year increase was due primarily to several large-scale orders within the Retail segment. The emphasis in this area was on business relating to EPOS systems. The Banking segment also saw a year-on-year increase in shipments. Business expansion within the area of high-end systems proved encouraging in both segments, the focus being on cash/check deposit technology in the Banking segment and self-checkout as well as retail cash management systems in the Retail segment. As a result of this performance, the contribution made by the Hardware business to total consolidated net sales grew to 44% (2014/2015: 42%).
Net sales from Software/Services rose by 2% to €1,445 million in the fiscal year just ended (2014/2015: €1,412 million). In this context, business relating to Services, particularly due to the forward momentum of Managed Services and Outsourcing, developed better than that within the area of Software/Professional Services.