|
North America Mailing |
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| 2Q 2013 | Y-O-Y Change | Change ex Currency | ||||||||||
| Revenue | $433 million | (5%) | (4%) | |||||||||
| EBIT | $166 million | (1%) | ||||||||||
During the quarter, North America Mailing continued to experience lower rates of decline in recurring revenue streams than in prior quarters and the prior year. The year-over-year rate of revenue decline also slowed due to improving trends in equipment sales in the current year. EBIT margin improved versus the prior year as a result of improved recurring revenue margins and cost reduction initiatives that offset the negative impacts of the lower mix of recurring revenue streams.
|
International Mailing |
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| 2Q 2013 | Y-O-Y Change | Change ex Currency | ||||||||||
| Revenue | $165 million | (1%) |
0% |
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| EBIT | $19 million | (11%) | ||||||||||
