The modest revenue decline, on a constant currency basis, in
International Mailing resulted from lower equipment sales in Europe.
However, as a result of the stabilizing installed equipment base in
prior periods, the segment continues to experience an improvement in
year-over-year trend for recurring revenue streams. EBIT margin improved
versus the prior year due to cost reduction initiatives, including the
go-to-market implementation.
Enterprise Business Solutions Group
|
|
|
|
|
|
|
|
|
|
|
2Q 2014
|
|
Y-O-Y Change
|
|
Change ex Currency
|
|
Revenue
|
|
$223 million
|
|
(8
|
%)
|
|
(8
|
%)
|
|
EBIT
|
|
$ 33 million
|
|
(11
|
%)
|
|
|
|
|
|
|
|
|
|
|
|
Within the Enterprise Business Solutions Group:
|
Worldwide Production Mail
|
|
|
|
2Q 2014
|
|
Y-O-Y Change
|
|
Change ex Currency
|
|
Revenue
|
|
$112 million
|
|
(17
|
%)
|
|
(18
|
%)
|
|
EBIT
|
|
$ 11 million
|
|
(33
|
%)
|
|
|
|
|
|
|
|
|
|
|
|
