Year-end report 1 January – 31 December 2016
3 months ended 31 December 2016 · Local currency sales increased by 8% and Euro sales increased by 5% to €355.1m (€339.5m). · Number of registered actives* decreased by 7% to 3.0m. · EBITDA amounted to €49.0m (€39.7m). · Operating margin was 11.8% (9.6%, adjusted** 11.5%), impacted by -110 bps from currencies, and operating profit was €42.0m (€32.6m, adjusted** €38.9m). The operating margin was favourably impacted by a VAT income related to the Russian tax case, fully offset by Ukrainian and other one-off restructuring costs as well as costs linked to the outsourcing of