EBIT grew due to the mix of high-margin recurring revenue streams. EBIT margin improved by 290 basis points versus the prior year due to past and ongoing productivity initiatives.
Enterprise Business Solutions |
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3Q 2011 | Y-O-Y Change | Change ex Currency | ||||
Revenue | $646 million | (3%) | (4%) | |||
EBIT | $ 75 million | 6% | ||||
Within the Enterprise Business Solutions Group: |
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Worldwide Production Mail |
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3Q 2011 | Y-O-Y Change | Change ex Currency | ||||
Revenue | $117 million | (14%) | (16%) | |||
EBIT | ($3) million | (122%) | ||||