Performance highlights

Performance highlights 2016

Comparable sales growth

(2.4%)
2015
(3.5%)

LED-based sales
 

55%
2015
43%

Adjusted EBITA margin

9.1%
2015
7.3%

Net income

EUR 185 million
2015
EUR 240 million

Free cash flow

EUR 418 million
2015
EUR 632 million

Sales by market

Sales by Business Group

Business Groups

Lamps

Sales
EUR 2,333 million

Nominal sales growth
(18.1%)

Comparable sales growth
(15.8%)

EBITA margin
18.6%

Adjusted EBITA margin
20.2%

LED

Sales
EUR 1,518 million

Nominal sales growth
13.8%

Comparable sales growth
16.1%

EBITA margin
9.2%

Adjusted EBITA margin
9.4%

Professional

Sales
EUR 2,683 million

Nominal sales growth
(2.7%)

Comparable sales growth
(0.5%)

EBITA margin
3.5%

Adjusted EBITA margin
5.4%

Home

Sales
EUR 559 million

Nominal sales growth
8.7%

Comparable sales growth
11.0%

EBITA margin
(8.2%)

Adjusted EBITA margin
(3.6%)

This page contains certain non-IFRS financial measures and ratios, such as comparable sales growth, EBITA, adjusted EBITA and free cash flow, and related ratios, which are not recognized measures of financial performance or liquidity under IFRS. These measures are further discussed in chapter 4, Corporate performance, of our latest Annual Report. For a reconciliation of these non-IFRS financial measures to the most directly comparable IFRS financial measures, see chapter 17, Reconciliation of non-IFRS financial measures,  of our latest Annual Report.