However, the sale of the Plastics business unit reduced the EBIT of the METALL ZUG GROUP by CHF 7.1 million. |
The EBIT margin in ice cream increased due to efficiencies and the exit from underperforming markets. |
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. |
At present it is expected that EBIT for the year 2006 will reach the target of ยค 36m which was set in January of last year. |
Overall, including the impact of the above factors, Group EBIT in the third quarter declined to EUR 197 million. |
The survey results compare the multiples of EBIT paid for various sizes and categories of middle-market manufacturers. |