- Flat organic sales growth
- Organic sales growth driven by emerging markets
- Earnings and profitability negatively impacted both by increased investments in brands, technologies, innovations and digitalization announced at the start of 2019, and by declining volumes
- Strong expansion of free cash flow
In million euros | 2018 | 2019 | +/- |
Sales | 19,899 | 20,114 | 1.1 % |
Adjusted1 operating profit (EBIT) | 3,496 | 3,220 | -7.9 % |
Adjusted1 return on sales (EBIT) in % | 17.6 | 16.0 | -1.6 pp |
Adjusted1 earnings per preferred share in euros | 6.01 | 5.43 | -9.7 % |
Dividend per preferred share in euros | 1.85 | 1.852 | 0.0 % |
| pp = percentage points 1 Adjusted for one-time charges/gains and restructuring charges. 2 Proposal to shareholders for the Annual General Meeting 2020. | |||
