Net sales increased 0.7% to €985m, while total revenue rose 2.1% to €1,029m, supported by a 50.9% increase in other operating income to €44m.

Profitability deteriorated despite the higher top line. EBITDA decreased 7.4% to €150m and the EBITDA margin fell from 16.1% to 14.6%. EBIT declined 26.1% to €26m, while profit for the period fell 37.8% to €31m. Total assets increased 3.9% to €4,306m, but liabilities grew faster than equity.

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