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Finance |
02.11.20102009 Full-year results
Margins steady
et debt reduced by over €500m
High level of investment in innovation
With 2009 sales down a steep 13.9% at constant scope of consolidation and exchange rates, our maintainable adjusted operating income fell 15.6% to €629.5 million, which corresponds to a near steady margin of 17.6% of sales, compared with 17.7% in 2008.