Sennheiser 2012 Annual Report Download - page 31

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6160
CONSOLIDATED MANAGEMENT REPORT 2012
CONSOLIDATED MANAGEMENT REPORT 2012
TURNOVER BY BUSINESS DIVISION
(€ Millions)/in %
Change from previous year, in %
Consumer Division
288.6
49%
+7%
Professional Systems
205.1
35%
+1 0 %
Integrated Systems
90.7
16%
+21%
TURNOVER BY REGION
(€ Millions)
Change from previous year. in percent
500
400
300
200
100
0
2010 2011 2012 2010 2011 2012 2010 2011 2012
Americas EMEA APAC
125.6
282.9
59.7
133.6
324.8
73.0
146.5
342.9
95.0
12.9
+9.7 %
18.1
+5.6 %
22.0
+30.1 %
Germany
92.0 (15.7 %)
The result from ordinary activities decreased by 11.5% year-on-year to €51.9 million. The reasons for this decline
were a €47.3 million rise in material costs and an increase of €16.3 million in personnel expenses. EBT therefore
amounted to 8.9% of turnover.
We expect that the consistent implementation of the divisional reorganization of the Sennheiser Group into
the Consumer Electronics, Professional Systems and Integrated Systems business divisions will continue to
enhance our customer orientation.
We furthermore anticipate the Group turnover and result to continue growing in the medium term, despite the
increasing uncertainty in the market.
Turnover by business division was as follows in the reporting year:
[ Outlook ]