First Half Results 2012
Robust performance in more demanding economic environment
Consolidated sales grow 7.5% in first semester
Main Group highlights
- Consolidated sales grow 7.5% to 5,108 million euros
- Net Profit rise 5.6% to 152 million euros
- Operating Cash Flow (EBITDA) increase 5%
- Solid balance, with consolidated Net Debt decrease 152 million euros to 352 million euros
- Group CAPEX rises to 197 million euros over the semester, with 87% of total Group investment programme earmarked for investment in Poland
- All Distribution and Manufacturing brands register above average performance in their sectors, reinforcing their competitive position
- Approximately 5 million euros channelled to local communities support