2011 Headlines

- Revenue +15% to EUR 1,937 million

- Organic revenue growth +8.6% (at constant exchange rates)

- Operating profit (EBITA) +16% to EUR 208.9 million

- Net profit before amortisation +24% to EUR 145.8 million

- Earnings per share before amortisation +24% to EUR 1.36

- Dividend per share +21% to EUR 0.34

- Balance sheet ratios improved further

- Industrial Services: strong growth of revenue and profit

- Flow Control: growth of revenue and profit in challenging market conditions

- Acquisitions: Lamers High Tech Systems, DEC and Galvanotechnik Baum