Germany’s Wincor Nixdorf reports a 48% year-on-year (YOY) surge in profits for the fourth calendar quarter (4Q/15). Revenues climbed 13.6% YOY in 4Q/15 or 12.0% when adjusted for local currency (FX).
The proposed merger with U.S.-based Diebold continues on track.
Revenues for 4Q/15 were €727 million, compared to €640 million for 4Q/14. Profits for 4Q/15 were €37 million, compared to €25 million for 4Q/14.
Net sales attributable to the hardware business rose 20% YOY to €337 million for 4Q/15 from €282 million in the year ago quarter. Net sales generated from the software/services business rose by 9% YOY to reach €390 million, compared to €358 million for 4Q/14.
In Germany, net sales for the quarter grew 12% YOY to €156 million from €139 million for 4Q/14.
Net sales generated in Europe (excluding Germany) over the course of 4Q/15 stood at €334 million or an 11% YOY gain from€300 million in 4Q/14.
Asia/Pacific/Africa saw net sales for the fourth calendar quarter increased 14% YOY €136 million from €119 million for 4Q/14.
Expressed in U.S. dollars, net sales generated in the Americas grew by 19% YOY. Translated into euros, this corresponds to growth of 23% YOY to €101 million for 4Q/15 versus €82 million for 4Q/14. As a result of this year-on-year increase, the proportion of total net sales generated in the Americas also rose.
REVENUES (calendar quarter)
4Q/14: €640 million
1Q/15: €568 million
2Q/15: €560 million
3Q/15: €659 million
4Q/15: €727 million
PROFITS (calendar quarter)
4Q/14: €25 million
1Q/15: €6 million
2Q/15: (-€6 million)
3Q/15: €17 million
4Q/15: €37 million
Source: Wincor Nixdorf
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