1/21
Investor and Analyst Presentation
2/21
Disclaimer
3/21
Solid performance in H1 2018
4/21
Clay Building Materials Europe
5/21
Pipes & Pavers Europe
6/21
North America
7/21
Increase in revenues and earnings in H1 2017
8/21
Revenue growth in H1 2017
9/21
Organic EBITDA development
10/21
Income statement
11/21
Cash flow development
12/21
Development of net debt
13/21
Development of balance sheet ratios
14/21
Strong liquidity
15/21
Outlook 2017
16/21
Clay Building Materials Europe
17/21
Pipes & Pavers Europe
18/21
North America 1-6/2016
19/21
Significant EBITDA growth in 2017
20/21
Outlook 2017
21/21
Questions and Answers