Our approach to sustainability
Critical issues: responsible forestry and climate change
Governance of sustainability
Economic performance
Social performance
Environmental performance
Case study library
Tools and contacts
Performance data

Economic performance

Our business case for sustainability rests on our long-term access to raw materials, through resource efficiency, holding operating licences in our host countries and retaining competent and capable people.

Highlights 2010

The Group’s operating and financial performance for the year ended 31 December 2010 is reported in the Group’s Annual Report and accounts 2010. Key measures of performance for the year include:

Group revenue of €6,228 million, an increase of 18% on 2009.
€778 million cash generated by operations, 10% down on 2009.
Underlying earnings per share of €47 cents per share. 151% higher than 2009.
Capital expenditure of €394 million, primarily in Russia.
Decrease in net debt, to €1,364 million.
Return on capital employed (ROCE) of 12.3%, up from 7.6% in 2009.

Last change: 15/03/2011