Business Performance by Segment.

Segments develop along different lines.

The Banking segment recorded a slight downturn in net sales in the fiscal year just ended. By contrast, the Retail segment generated significant forward momentum. Having felt the impact of sluggish investment spending on the part of major retailers in fiscal 2014/2015, particularly in Europe, the Retail segment generated sizeable growth within this specific area of business during the 2015/2016 financial year. The Banking segment accounted for 60% of total net sales (2014/2015: 65%), while the Retail segment contributed 40% (2014/2015: 35%) to total net sales.

Net Sales Split: Banking and Retail.

€ million

Net Sales Split: Banking and Retail (bar chart) Net Sales Split: Banking and Retail (bar chart)