Langbroek, 28 February 2018
Highlights
° revenue +7% to EUR 2,694 million (organic +6%)
° operating profit (EBITA) +13% to EUR 336 million; EBITA-margin improved to 12.5%
° net profit before amortisation +12% to EUR 238 million; earnings per share EUR 2.15 (+12%)
° free cash flow +13% to EUR 310 million; cash flow from operations +12% to EUR 427 million
° return on capital employed (including goodwill) improved to 16.2%
° many investments in organic growth and innovation initiatives
° bolt-on acquisitions: VIN SERVICE and PNEUTEC