Performance highlights
Performance highlights 2016
Comparable sales growth
(2.4%)
2015
(3.5%)
(3.5%)
LED-based sales
55%
2015
43%
43%
Adjusted EBITA margin
9.1%
2015
7.3%
7.3%
Net income
EUR 185 million
2015
EUR 240 million
EUR 240 million
Free cash flow
EUR 418 million
2015
EUR 632 million
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.