Outlook and Targets
Outlook 2019
| Results 2018 | Outlook 2019 | |
|---|---|---|
| Group sales (currency-adjusted) | Increase of 4% | Increase at a low single-digit percentage rate |
| Gross profit margin | Decrease by 90 basis points to 65.2% | Largely stable development |
Operating result (EBIT)1 | Increase of 2% to EUR 347 million | EUR 330 million to EUR 340 million |
Group's net income1 | Increase by 2% to EUR 236 million | Decrease at a mid- to high single-digit percentage rate |
| Capital expenditure | EUR 155 million | EUR 180 million to EUR 190 million |
Free cash flow1 | EUR 170 million | EUR 160 million to EUR 180 million |
1 Not considering the anticipated impact of IFRS 16.
