The full year Group EBIT from continuing operations was EUR 134 million
(EUR 112 million, including EUR 4 million non-recurring charges)
corresponding to an EBIT margin of 6.9% (6.1%).
The net financial items from continuing operations were EUR -14 million
(EUR -26 million). The decrease in net financial items is mainly due to
reduced debt. Tax expense for the year from continuing operations was
EUR 16 million (EUR 19 million). The lower tax expense was mainly
resulting from a tax refund in Germany and expiration of certain
potential tax liabilities earlier provided for. Full year corresponding
tax rate was 13% (22%).
The full year result from continuing operations was EUR 105 million
(EUR 67 million, including EUR 4 million non-recurring charges) and the
earnings per share (EPS) from continuing operations were EUR 0.92 (EUR
0.57). The full year result, including discontinued operations, was EUR
115 million (EUR 74 million, including EUR 14 million non-recurring
charges) and the EPS were EUR 1.02 (EUR 0.63). The result includes EUR
2 million non-recurring charges related to the sale of European Rigid
Consumer Goods Plastics operations.
The average number of outstanding shares used in the EPS calculations
was 101,185,001 (100,539,283) excluding 4,826,089 (5,061,089) of the
Company’s own shares.
