Business Performance of the Group.

Overall assessment of business performance.

Wincor Nixdorf can look back on what was one of the best fiscal years in its history. This was the result of major progress made by the Group in its efforts to adapt its business to changing market conditions. The Delta program of transformation, which entered its second year of execution in fiscal 2015/2016, moved forward with great success. The Group's improved competitive position achieved on the back of these activities had a particular impact on its Hardware business, which contributed sizeable growth in net sales and operating profit.