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CONSOLIDATED MANAGEMENT REPORT 2014 2.2.2 Revenue by division After the successful integration of the Integrated Systems Division into the Professional Systems Division, the latter closed out 2014 with €312.8 million in revenue. This represents an increase of 7.9 percent over the previous year. The division saw a significant increase in sales in the product areas of wireless microphones and AV systems. Due to the digital dividend, the wireless microphone portfolio enjoyed increased demand for the high-end systems in the Digital 9000 and 5000 series. Even with this marked increase in demand, the Professional Systems Division ensured a high level of delivery capacity through cautious and flexible supply chain management. The Consumer Division achieved a revenue of €322.0 million in 2014, reflecting a growth of 7.1 percent over the prior year. The most powerful growth drivers here were the “Sennheiser Communications” and “Information & Communication” product groups. “Sennheiser Communications” enjoyed a 34.9 percent revenue increase to a total of €88.1 million, and revenue for “Information & Communication” grew by 30.6 percent to €23.1 million. In the lifestyle area, the new MOMENTUM and URBANITE product families made a positive contribution to revenue development. 11 Revenue by region € millions change from previous year, in percent 500 400 300 200 100 0 2012 2013 2014 2012 2013 2014 2012 2013 2014 Americas EMEA APAC 153.0146.5 132.6 342.9 349.2 95.0 5.9 +4.0 % 7.1 +2.1 % 31.3 +30.9 % Germany 96.0 (27.5 %) 147.1 101.3 342.1 201220132014201220132014201220132014 342.9349.2

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