Business performance

In fiscal 2004/2005, Wincor Nixdorf once again continued its successful business performance of previous years. Strong growth outside Germany encouraged the Company to continue its international expansion. Net sales revenue increased 11 % compared to the previous year. The Group also improved its profitability, growing operating profit (EBITA) by 17 %.

As a result, we outperformed our forecasts made at the beginning of fiscal 2004/2005 when we predicted 7 % growth in net sales revenue and an 8 % increase in operating profit (EBITA). We revised both targets in the second quarter upwards to a minimum 12 % rise in EBITA and a minimum 10 % increase in net sales revenue. As a result of our initiatives to expand business and improve performance, which proved better than expected, we were able to maintain our strong momentum for the entire fiscal year.