The company’s Q2 2012 operating margin has declined to 25.3 percent excluding Travelex Global Business Payments (TGBP) integration expenses of USD 14 million, as compared to 26.3 percent excluding USD 9 million of restructuring expenses in Q2 2011.
According to results, EBITDA margin excluding TGBP integration expenses has amounted to also dropped to 29.3 percent, as compared to 29.7 percent excluding restructuring expenses in Q2 2011 and 28.9 percent in Q1 2012.
During the period under review, the company’s earnings per share (EPS) have reached USD 0.44, as compared to USD 0.41 in 2011. EPS excluding TGBP integration expense have increased to USD 0.46, as compared to USD 0.42 in 2011 excluding restructuring expenses.
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