Publication Date:

28 February 2014

Highlights

  • Record financial performance
    • Underlying operating profit of €699 million, up 22%
    • Underlying earnings of 95 euro cents per share, up 37%
    • ROCE of 15.3%, up 170 basis points
  • 2012 packaging acquisitions integrated and synergies on track
  • Strategic capital investments on track, with a number of projects completed
  • Strong de-leveraging with net debt down by €251 million to €1,621 million
    • Cash generated from operations exceeded €1 billion for the first time
  • Total dividend proposed of 36 euro cents per share, up 29%