37
        
        
          7%
        
        
          27,6%
        
        
          19,5 %
        
        
          17,5%
        
        
          49,244
        
        
          1,727
        
        
          15,377
        
        
          32,140
        
        
          2013
        
        
          41,746
        
        
          1,758
        
        
          16,065
        
        
          23,923
        
        
          2014
        
        
          46,838
        
        
          14,503
        
        
          30,583
        
        
          1,752
        
        
          2012
        
        
          45,666
        
        
          14,370
        
        
          29,008
        
        
          2,288
        
        
          2011
        
        
          32,526
        
        
          4,742
        
        
          19,965
        
        
          7,819
        
        
          2010
        
        
          As of the end of 2014, Investindustrial’s portfolio
        
        
          is comprised of 15 investments and was well
        
        
          balanced across the three selected industries.
        
        
          20
        
        
          14
        
        
          Portfolio Developments
        
        
          //
        
        
          ANNUAL REVIEW & SUSTAINABILITY REPORT
        
        
          Sales (%)
        
        
          EBITDA (%)
        
        
          In this section sales and EBITDA are considered weighted by Investindustrial’s shareholding
        
        
          41%
        
        
          39%
        
        
          Industrial
        
        
          Manufacturing
        
        
          Consumer,
        
        
          Retail
        
        
          and Leisure
        
        
          Services
        
        
          and Concessions
        
        
          16%
        
        
          23%
        
        
          61%
        
        
          Industrial
        
        
          Manufacturing
        
        
          Consumer,
        
        
          Retail
        
        
          and Leisure
        
        
          Services
        
        
          and Concessions
        
        
          By Sector
        
        
          20%
        
        
          EBITDA Margin (%)
        
        
          Services
        
        
          and Concessions
        
        
          Consumer, Retail
        
        
          and Leisure
        
        
          Industrial
        
        
          Manufacturing
        
        
          Total
        
        
          17%
        
        
          overall EBITDA Margin
        
        
          Total Employees (nr.)
        
        
          By Sector
        
        
          Total
        
        
          Total
        
        
          Total
        
        
          Total
        
        
          Total
        
        
          Services and Concessions
        
        
          Consumer, Retail and Leisure
        
        
          Industrial Manufacturing
        
        
          The 2014 advertising campaign
        
        
          by Stroili Oro the italian leader
        
        
          in fashion jewellery
        
        
          By Sector