Q1 2012 HIGHLIGHTS
- Revenue increased by 16% to $1.5 billion as market conditions remained robust in all regions and product support revenues reached a new record.
- EBIT margin was 6.7% compared to 8.4% in Q1 2011 and 5.9% in Q4 2011. Significantly stronger results from South America and UK & Ireland were offset by a lower EBIT margin in Canada compared to Q1 2011.