Peachtree 2011 Annual Report Download - page 13

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Margins
Growth in margin with investment in the business
•EBITA margin increase to
27.4% (2010: 26.4%)
•Areas of investment:
•Sage ERP X3
•Web-based products
•Customer service, particularly in
the UK
25.5%
- 50 bps
+100 bps
26.0%
+140 bps
27.4%
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28
EBITA margin
2010 (continuing
and discontinued
operations)
2011 Healthcare
margin decline
2011 margin
uplift in
continuing
operations
2011 margin
(continuing and
discontinued
operations)
Removal of
Healthcare
(discontinued
operations)
2011 EBITA
(continuing
operations)
13