Wincor World: First Quarter

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Wincor Nixdorf has revealed its performance during the first fiscal 2009/2010 quarter. Eckard Heidloff emphasised today at Wincor World that, despite a fall of 6% in the Group's sales and in its EBITA by 13% year-on-year in the first quarter of the new fiscal year, Wincor Nixdorf remains a reliable and stable solution partner for banks and retailers.
 
Heidloff added that the company expected sales and operating income to be down somewhat in the fiscal year as a whole, but not by more than in the last fiscal year 2008/2009, when sales fell by 3% and income by 13%. Wincor Nixdorf's central objective for this year is to remain stable throughout the crisis, while preparing for when the economy recovers in strength.
 
On the morning prior to the AGM the company had already reported on its performance during the first quarter of fiscal 2009/2010 (see separate press release). Wincor Nixdorf anticipates a further decline in its net sales and operating profit for the fiscal year as a whole, albeit no more severe than in the last fiscal year. Wincor Nixdorf will be publishing its interim report for the first half of 2009/2010 on April 28, 2010.