Performance highlights

    Performance highlights 2017

    Comparable sales growth

    0.5%
    2016
    (2.4%)

    LED-based sales
     

    65%
    2016
    55%

    Adjusted EBITA margin

    10%
    2016
    9.1%

    Net income

    EUR 281 million
    2016
    EUR 185 million

    Free cash flow

    EUR 403 million
    2016
    EUR 418 million

    Sales by market

    Sales by market

    Sales by Business Group

    Sales by business group

    Business Groups

    Lamps

    Sales
    EUR 1,820 million

    Nominal sales growth
    (22%)

    Comparable sales growth
    (18.6%)

    EBITA margin
    19.2%

    Adjusted EBITA margin
    20.3%

    LED

    Sales
    EUR 1,703 million

    Nominal sales growth
    12.2%

    Comparable sales growth
    13.8%

    EBITA margin
    9.9%

    Adjusted EBITA margin
    10.2%

    Professional

    Sales
    EUR 2,755 million

    Nominal sales growth
    2.7%

    Comparable sales growth
    4.6%

    EBITA margin
    6.6%

    Adjusted EBITA margin
    8.2%

    Home

    Sales
    EUR 684 million

    Nominal sales growth
    22.3%

    Comparable sales growth
    26.5%

    EBITA margin
    4.6%

    Adjusted EBITA margin
    5.2%

    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 18, Reconciliation of non-IFRS financial measures,  of our latest Annual Report.