1/41
Investor and Analyst Presentation
2/41
Disclaimer
3/41
2016 successfully completed
4/41
2016 at a glance
5/41
Business development in our Division
6/41
Improvement of revenues and earnings
7/41
Gworth in Q4 2016
8/41
Clear strategy
9/41
Results 2016
10/41
Stable development of revenues
11/41
EBITDA growth
12/41
Income statement 2016
13/41
Net profit
14/41
Completion of sales program
15/41
Free cash flow
16/41
Working Capital
17/41
Total investments
18/41
Call option for the buyback of 2007 hyprid bond
19/41
Reclassification from equity to debt
20/41
Liquidity reserve at year-end
21/41
Net debt / EBITDA
22/41
Dividend increase
23/41
Segments at a glance
24/41
Results 2016 by Segment
25/41
Results 2016 by Product Group
26/41
Clay Building Materials Western Europe Results 2016
27/41
Clay Building Materials Eastern Europe Results 2016
28/41
Pipes & Pavers Western Europe Results 2016
29/41
Pipes & Pavers Eastern Europe Results 2016
30/41
North America Results 2016
31/41
Outlook 2017
32/41
Growth in time of high volatility
33/41
Market development 2017 (1)
34/41
Market development 2017 (2)
35/41
Outlook for our Divisions (1)
36/41
Outlook for our Divisions (2)
37/41
EBITDA growth in 2017
38/41
Outlook 2017
39/41
Maximizing shareholder value
40/41
Strategy for goals 2020
41/41
Thank you for your attention!