Halfyear results 2011

Income Statement 30/06/2011- 30/06/2010   
Non-audited, consolidated key figures   
(million euro)June 30, 2011June 30, 2010Change
 6M6M 
Revenue117.3121.6-3.54%
EBIT8.29.8-16.42%
Cash flow (EBITDA) 19.215.3-39.9%
Financial result-0.8-2.2-62.69%
Profit before taxes7.47.6-3.00%
Taxes-2.3-2.012.81%
Net income continuing operations5.15.6-8.77%
Result from discontinued operations0.00.1-137.93%
Net income (Group share in the profit)5.15.6-10.10%
Net cash flow 26.111.0-45.07
    
Balance sheet as of 30/06/2011- 31/12/2010   
Non-audited, consolidated key figures   
(Mln euro)June 30, 2011Dec 31, 2010Change
 6M12M 
Equity59.657.53.77%
Net financial debt11.813.2-10.38%
Assets held for sale0.30.4-7.49%
Total assets154.8157.9-1.96%
    
Non-audited, consolidated key figures per share   
    
(euro)June 30, 2011June 30, 2010Change
 6M6M 
Cash flow from operations (EBITDA) 11.511.91-39.79%
Profit before taxes0.920.95-3.16%
Profit after taxes continuing operations (EPS)0.640.70-8.57%
Net cash flow 21.761.38-44.93%
Equity7.456.993.76%
Number of shares (end of period)8'002'9688'002'968 
Number of shares (average)8'002'9688'002'968 

 

1 EBITDA = earnings before interest, taxes, depreciation and amortization; This is operating profit plus depreciation and amounts written off on stocks, trade debtors and provisions for liabilities and charges
2 The net cash flow is the net income (Group share in the profit) excluding depreciation, amounts written off on stocks, trade debtors and provisions for liabilities and charges.