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02.09.20122011 annual results
Performance in line with annual and medium-term targets
- Total annual growth in sales excluding exchange-rate effects: 11.2%, of which 6.4% organic growth
- Adjusted operating margin 20.2%
- et income excluding minorities of €479 million and dividend per share of €0.93, up 6%
- Strong cash generation and sound balance sheet
Successful sales initiatives and improved medium-term growth profile
- Very positive response to numerous new product launches
- 35% of sales in new economies
- Close to 22% of sales in fast-growing new market segments