Enterprise Business Solutions Group
1Q 2014 | Y-O-Y Change | Change ex Currency | ||||||||
Revenue | $222 million | 1% | 1% | |||||||
EBIT | $32 million | 1% | ||||||||
Pitney Bowes Announces First Quarter 2014 Results
International Mailing revenue benefited from growth in supplies, offset
by a decline in rentals revenue, largely in France, due primarily to a
migration from the rental of equipment to financing of equipment.
Financing revenue was slightly positive in the quarter. EBIT margin
improved versus the prior year due to the mix of products and cost
reduction initiatives.
Enterprise Business Solutions Group
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