RESULTS

• Operating results before disposals, changes in fair value and depreciations at EUR 39.2 million (vs. 33.6 million in 2015).
• Net result, group share, totals EUR +31.4 million compared to +32.9 million in 2015.

INTRINSIC VALUE

• Intrinsic value amounts to EUR 369 per share on 31 December 2016 compared to EUR 335.2 on 31 December 2015.

DIVIDEND

• Proposed gross dividend of EUR 7.52 per share (+1.1% versus 2015).