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  Group result  
 
 

Double-digit income growth once again
Despite considerable investment in sales and marketing, operating income (EBIT) increased by nearly one-fifth to €21.5 million. The EBIT margin rose from 18 to 19 percent. The marked increases in income resulted primarily from the above-average growth of the licensing business, an improved sales mix and sustained cost control.

Net income once improved again. At €14.4 million, this exceeded the comparable value for 2005 by 23 percent. Despite approx. 700,000 additional shares in circulation, earnings per share (EPS) rose to €0.51 (previous year: €0.43).

  Key earnings indicators

€ millions

Q1 2006

Q1 2005

Change
in %

EBIT

21.5

18.0

+ 20

Interest result

2.1

1.2

+ 75

Earnings before taxes

23.6

19.2

+ 23

Net income

14.4

11.7

+ 23

Earnings per share (in euro)

0.51

0.43

+ 19

 
 
 
     
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  Interim Report Q1/06 (PDF)
  
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