Management Services |
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2Q 2013 | Y-O-Y Change | Change ex Currency | ||||||||||
Revenue | $175 million | (3%) | (3%) | |||||||||
EBIT | $15 million | 4% |
Management Services results exclude the European businesses, which are now reflected as discontinued operations. Revenue for the quarter declined due to continued pricing pressure on contract renewals. EBIT margin improved compared to the prior year despite the decline in revenue due to lower operating costs associated with ongoing productivity programs.
Mail Services |
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2Q 2013 | Y-O-Y Change | Change ex Currency | ||||||||||
Revenue | $119 million | 10% | 10% | |||||||||
EBIT | $15 million | (46%) |