International Mailing revenue increased one percent, which is its third
consecutive quarter of constant currency growth. Revenue benefited from
increased equipment sales and supplies revenue. The company began
selling its innovative Connect+ product line in Germany during the
quarter and Connect+ was approved for placement in France beginning in
the third quarter. Meter populations in Europe were flat year-over-year
and are growing in the emerging markets. EBIT margin declined
year-over-year due to impacts of currency and the mix of business.
|
Enterprise Business Solutions
|
|
|
|
|
2Q 2012
|
|
|
Y-O-Y Change
|
|
|
Change ex Currency
|
|
Revenue
|
|
|
$627 million
|
|
|
(3%)
|
|
|
(1%)
|
|
EBIT
|
|
|
$61 million
|
|
|
11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Within the Enterprise Business Solutions Group:
|
Worldwide Production Mail
|
|
|
|
|
2Q 2012
|
|
|
Y-O-Y Change
|
|
|
Change ex Currency
|
|
Revenue
|
|
|
$123 million
|
|
|
(8%)
|
|
|
(5%)
|
|
EBIT
|
|
|
$6 million
|
|
|
(39%)
|
|
|
|
