Strong increase in 2015 results(1), which exceeded objectives

  • REVENUE INCREASED 4.5% (+1.4% AT CONSTANT EXCHANGE RATES) TO €24,965 MILLION, (-0.6% AT CONSTANT SCOPE AND EXCHANGE RATES[1])
  • EBITDA GREW 11.3% (+8.1% AT CONSTANT EXCHANGE RATES) TO €2,997 MILLION (+5.3% AT CONSTANT SCOPE AND EXCHANGE RATES2)
  • CURRENT EBIT INCREASED 25.5% (+20.3% AT CONSTANT EXCHANGE RATES) TO €1,315 MILLION (+18.6% AT CONSTANT SCOPE AND EXCHANGE RATES2)
  • CURRENT NET INCOME IMPROVED BY 74% TO €580 MILLION
  • SIGNIFICANT INCREASE IN NET FREE CASH FLOW TO €856 MILLION VERSUS PRO FORMA €314 MILLION IN 2014
  •  NET FINANCIAL DEBT DECLINED TO €8,170 MILLION, RESULTING IN A LEVERAGE RATIO OF 2.7x.
  •  PROPOSAL TO INCREASE THE DIVIDEND FOR THE 2015 FISCAL YEAR TO €0.73 PER SHARE, PAID IN CASH.
     
 [1] Results are in process of being audited.