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1. Net turnover reaches € 943.9 million, a more than 20% decrease compared to the € 1,181.1 million for the year 2008, reflecting the sharp deterioration of the economic environment.
2. EBITDA amounts to € 207.4 million, ahead of the Group expectations, a less than 20% decrease compared to the € 253.1 million for the year 2008, thanks mainly to the management actions taken to align and reduce substantially the cost base.
3. Tight control of capital expenditures and a € 100 million capital increase contributed to the reduction of the financial debt. The renegotiation of the terms and conditions of the bank debt has secured the Group liquidity for the coming years.
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