Looking for the meaning or definition of the word EBIT? Here's what it means.
Initialism
(physics) Electron Beam Ion Trap
(accounting, finance) Earnings Before Interest and Taxes.
Examples
In terms of financial performance, we made a conscious decision to let our top line reduce so we could maintain our EBIT margin and bottom line.
The acquisition of Vanguard EMEA has been concluded at an enterprise value of 670 million euros, corresponding to a multiple of 12.7 times the company's estimated 2006 EBIT, before synergies.
Until 2008 the EBIT margins of both companies are subject to certain fluctuations, which among other things are a result of erratically incurring revenues from the sale of real estate.
At present it is expected that EBIT for the year 2006 will reach the target of ¤ 36m which was set in January of last year.
However, the sale of the Plastics business unit reduced the EBIT of the METALL ZUG GROUP by CHF 7.1 million.
Overall, including the impact of the above factors, Group EBIT in the third quarter declined to EUR 197 million.
