2015 Annual Results

 2015 Annual Results 

2015 TARGETS MET OR EXCEEDED
PROFITABLE GROWTH TO CONTINUE IN 2016
IN A MIXED MACROECONOMIC ENVIRONMENT

2015 performance:

• Revenue: €15,135m, up 5.7%
• EBITDA: €2,751m, up 4.1%
• EBIT: €1,381m, up 10.1%
• Net income Group share: €408m
• Free cash flow: €1,047m
• Net financial debt / EBITDA: 2.9x
• 2015 dividend of €0.65 per share

2016 Outlook:

• Organic revenue growth?2%
• Organic EBIT growth greater than organic revenue growth
• Free cash flow: c. €1bn
• 2016 dividend? €0.65 per share

Medium-term outlook:

• Reiterated 2017 ambition to reach €3bn in EBITDA