HP EN

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Letter to the Shareholders

Letter to the Shareholders

Operating review

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Highlights

Net sales from operations:€ 12,593 million +12.8%
EBITDAi:€ 2,135 million +16.3%
Operating profit:€ 1,493 million 13.2%
Income before income taxes:€ 1,379 million +12.8%
Income before minority interest:€ 987 million +12.4%
Net profit:€ 921 million +9.1%
Cash Flow:€ 1,549 million
Dividend per share0.63 per ordinary

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