Peachtree 2007 Annual Report Download - page 18

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18
North America EBITA†margin
•EBITA†margin 20% (2006: 24%)
–Net dilutive effects of 2006
acquisitions, principally
Healthcare (Emdeon)
•Improvement in Healthcare
margins to 7%
•Investment required in 2008 to
drive sustained organic growth in
North America
†Earnings before interest, tax, amortisation of intangible fixed assets and prior year gain on disposal of £2.7m
At constant exchange rates
23%
20%
23%
0%
5%
10%
15%
20%
25%
30%
FY06 excl
acqn
FY07 excl
acqn
Verus Emdeon FY07 actual
-5%+2%