One of the best fiscal years and solid start for Diebold Nixdorf

Published: 17 November 2016 y., Thursday

Wincor Nixdorf AG met its revenue target for fiscal 2015/2016, which was on a par with the guidance figure it had previously revised upward, and exceeded the mark set with regard to operating profit. Net sales totaled €2,579 million, up 6% on the prior-year figure (2014/2015: €2,427 million). Operating profit, i.e., earnings before interest, taxes, and amortization (EBITA), reached €194 million (2014/2015: €102 million) without accounting for non-recurring items and was thus up €4 million on the figure most recently projected by the company.

On this basis, Wincor Nixdorf AG recorded one of its best fiscal years since its inception. Fiscal 2015/2016 produced the highest net sales and second highest operating profit in the history of the company. 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 and better than planned. This strong performance by Wincor Nixdorf also provides a solid foundation for the new company to be created, Diebold Nixdorf. Integration efforts within this area are progressing well. A number of important milestones have been reached in recent months as the basis of a successful start for Diebold Nixdorf. These include the official closing and joint corporate planning as well as the approval of a domination and profit and loss transfer agreement by shareholders at a recently convened Extraordinary General Meeting.

In pursuing the business combination with full corporate integration, the two companies have charted a well-judged course for the future: Diebold and Wincor Nixdorf complement each other perfectly in respect of geographic coverage. Alongside the benefits of synchronized R&D efforts and sales portfolios within the area of Hardware, the combined group will be in a position to provide more extensive resources for Software and Services, the aim being to support customers effectively as they make the transition toward the digital age of connected commerce. Retail business within the US market will also provide opportunities for growth.

Read the full press release

Šaltinis: penki.lt
Copying, publishing, announcing any information from the penki.lt portal without written permission of penki.lt editorial office is prohibited.

Facebook Comments

New comment

     

 


Captcha
 

Comments

XRumerTest IP: 91.236.74.119
16/05/2017 02:19 (!)
Hello. And Bye.
XRumerTest IP: 195.22.126.33
10/05/2017 06:51 (!)
Hello. And Bye.
XRumerTest IP: 195.22.126.40
28/03/2017 05:10 (!)
Hello. And Bye.

The smart way to cash: Newly designed ATM offers fast service via mobile phone

Wincor Nixdorf is now launching a new automated teller machine (ATM) on the market that allows customers to withdraw cash using a smart phone or a near-field communications (NFC) card. more »

The Colombian financial institution Bancolombia hands over the operation of its self-service systems to Wincor Nixdorf

Wincor Nixdorf has received a three-year contract from Bancolombia for the operation of its 1,160 self-service systems. The bank also ordered 800 ProCash 280 automated teller machines. more »

Volksbank Riesa eG redesigns headquarters with innovation with Wincor Nixdorf

Wincor Nixdorf has received the order for a comprehensive branch transformation project from Volksbank Riesa eG. more »

LeKiosk offers customers one-click mobile payment with Gemalto operator billing solution

Gemalto, the world leader in digital security, announces that LeKiosk, France's leading distributor of digital magazines, is deploying its Netsize direct and online operator billing solution​. The end-user benefit is one-click mobi​​le payment for digital magazine downloads charged directly to their regular phone bill. more »

Governors of the central banks of the Baltic States: Lithuania joining the euro area would benefit the whole region

As the decision of the European institutions on inviting Lithuania to join the euro area approaches, the governors of the central banks of the Baltic States, claim that joining the euro area would strengthen not only Lithuania, but the whole Baltic region as well. more »

“Woman of the Year” Award went to the Chairwoman of the Board of the Largest Bank in Kazakhstan

Online magazine “Vlast” has awarded the first winner of “People of the Year” awards in a category “Woman of the Year”. Chairwoman of the Board of AB “Narodny bank Kazachstana” Umut Shayakhmetova who has been holding this position since 2009 became the winner of this award. more »

Best ATM technology: CINEO systems receive award

Wincor Nixdorf has won the "Innovation in Technology and Transaction Banking Award 2013" in the category "Best ATM Technology" presented by the prestigious English-language magazine The Banker. more »

The first cash dispensing machine in the world was installed 46 years ago

The first machine dispensing cash money without operator involved – Automated Teller Machine (ATM, cash dispenser) was installed in Enfield, north London, on July 27, 1967. more »

Barclays credit rating outlook cut by Moody's and S&P

Rating agencies Moody's and Standard and Poor's have lowered their outlook on Barclays from stable to negative amid the bank rate-rigging scandal. more »

Barclays COO Jerry Del Missier resigns

The interest rate rigging scandal at Barclays claimed its third high-profile victim late on Tuesday when chief operative officer Jerry Del Missier resigned with immediate effect. more »