GfK Group starts a challenging 2008 with a sound first quarter
Organic growth in sales up by 5.1% to EUR 268.1 million in the first three months
Adjusted operating income totals EUR 23.0 million (prior year: EUR 24.8 million). The proportion of total income generated in the first quarter is disproportionately low due to seasonal effects
Operating income up by 3.9% to EUR 20.9 million
Consolidated total income rockets by almost 21% to
EUR 12.5 million
Order book as of the end of April stands at 61.8% and
is significantly higher than in the prior year (60.6%)
Nuremberg, May 15, 2008 – The GfK Group achieved satisfactory sales growth in the first three months of 2008. At the same time, the increase in operating income, EBIT and consolidated total income was significant in the first quarter of 2008 compared with the same period in the prior year; growth in adjusted operating income was more moderate than in 2007, but in line with the trend for financial year 2006...
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