26 July 2018 07:30 AM

improved EBITA margin and EPS, continued investments in organic growth, further optimised portfolio

highlights

  • organic revenue growth +5.2% (reported +1.4%; FX impact -3.4%; acquisitions/divestments -0.4%)
  • improved EBITA margin 12.9%, net profit and earnings per share +11%
  • two bolt-on acquisitions PEM (1H2018) and VAF (2H2018)
  • annual revenue of approximately EUR 40 million divested to optimise portfolio (2H2018)
  • further sustainable profitable growth expected in 2018
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