Annual report 11/12

• Revenue EUR 699 million, organic growth 11% compared to 2010/11
• EBIT EUR 185 million, up 16% compared to 2010/11
• Free cash flow EUR 113 million, up 8% compared to 2010/11 when excluding divested operations
• Organic revenue growth 8% (11% adjusted for changes in sales prices to reflect changes in raw material prices for carmine)
• EBIT margin 26.5%, up from 25% in 2010/11
• Cash conversion 72%

Please see Annual Report for further details