publication full year results 2009

highlights

• Market position strengthened through focus on additional sales effort and organisational improvements
• Structural cost reductions, working capital management and reduction of net debt by EUR 135 million
• Solid balance sheet ratios: total equity 39.7% of total assets
• Net profit H2 2009 (EUR 35.9 million) clearly better than H1 2009 (EUR 18.3 million)
• Revenue EUR 1,405 million (negative effect of exchange rates EUR 35 million)
• Added-value* margin improved to 58.9% of revenue
• Operating profit before depreciation (EBITDA) EUR 168.8 million (12.0% of revenue)
• Operating profit (EBITA) EUR 98.9 million (7.0% of revenue)
• Net profit EUR 54.2 million; earnings per ordinary share EUR 0.51
• Cash flow from operations EUR 240.5 million, net cash flow EUR 52.2 million