2019 Highlights

Net sales

1,919

euro/Mln

Ebitda Adjusted*

265

euro/Mln

Ebitda Adjusted
Margin

13.83%

2019 Net operating
cash flow

160

euro/Mln

Opening of medium/long-term loans

366

euro/Mln

* This is EBITDA adjusted for all the non-recurring costs that affect its comparability over time. For calculation methods see the Consolidated Financial Statements approved by the shareholders’ meeting on 28 February 2020.

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