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26 February 2019 7:30 AM CET

organic revenue growth +5%; earnings per share +16%; continued investments in growth and innovations

highlights

  • revenue +2% to EUR 2,759 million (organic +5%)
  • operating profit (EBITA) +9% to EUR 366 million; EBITA-margin improved to 13.3%
  • net profit before amortisation +15% to EUR 275 million; earnings per share EUR 2.49 (+16%)
  • free cash flow amounted to EUR 312 million; ROCE improved to 16.6%
  • continued investments in organic growth and innovation initiatives
  • bolt-on acquisitions: PEM, VAF, Co-Planar and RMF; annual revenue of EUR 82 million
  • annual revenue of EUR 97 million divested and optimised