Peachtree 2009 Annual Report Download - page 9

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EBITA mar
g
in anal
y
sis
gy
EBITA margin increased to
24% excluding restructuring
+140 bps -180 bps
24
%
25%
costs (FY08: 23%)
One time cost in FY09
associated with these savings
24.1%
22%
23%
%
associated
with
these
savings
= £26.4m or 180bps shown in
the red bar
22.7% 22.3%
20%
21%
Meaning reported EBITA
margin reduced to 22%
including restructuring costs
Reported
EBITA margin
FY08
FY09 uplift EBITA margin
FY09 excluding
restructuring
FY09 cost of
restructuring
Reported
EBITA margin
FY09
including
restructuring
costs
9
At constant exchange rates