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.