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Annual Report 2005

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20<br />

Business Unit “Graphics”<br />

The company will maintain the strategic orientation<br />

of its two strong brands, NESCHEN and<br />

SEAL. As in the past, both trade names will<br />

continue to offer a comprehensive range of<br />

coordinated system solutions for relevant customer<br />

applications in the market sectors covered.<br />

The company will continue to expand, especially<br />

in the export markets of Eastern Europe<br />

and Asia. As in the past, the product portfolio<br />

exhibits excellent growth potential in all product<br />

sectors.<br />

Development of turnover for “Graphics”<br />

in €k (from 2004 in accordance with IFRS)<br />

Excluding the operations shut down (amounting to<br />

approximately 16 million Euros per annum) and the<br />

effects of exchange rates, turnover has been virtually<br />

constant since 2002.<br />

140,000<br />

120,000<br />

100,000<br />

80,000<br />

60,000<br />

40,000<br />

20,000<br />

0<br />

145,432<br />

2002<br />

126,971<br />

124,944<br />

120,707<br />

2003 2004 <strong>2005</strong><br />

Development of EBIT and EBITDA for “Graphics”<br />

in €k (from 2004 in accordance with IFRS)<br />

8,000<br />

6,000<br />

4,000<br />

2,000<br />

-2,000<br />

0<br />

-4,000<br />

-6,000<br />

-8,000<br />

-10,000<br />

4,225<br />

8,514<br />

2002<br />

425<br />

6,400<br />

-10,877<br />

-4,335<br />

-4,716<br />

■ EBIT<br />

■ EBITDA<br />

736<br />

2003 2004 <strong>2005</strong>

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