5
        
        
          Andrea C. Bonomi, Founder and Managing
        
        
          Principal of Investindustrial at the Aston
        
        
          Martin Headquarters in Gaydon (UK)
        
        
          2013
        
        
          2012
        
        
          2011
        
        
          2010
        
        
          32,526
        
        
          45,666
        
        
          46,838
        
        
          49,244
        
        
          2014
        
        
          41,746
        
        
          Total Employees (nr.)
        
        
          At the end of 2014 the workforce of portfolio companies reached
        
        
          approximately
        
        
          41,750
        
        
          employees. The
        
        
          15%
        
        
          decrease compared
        
        
          to the prior year is mainly due to the sale of more labor intensive
        
        
          businesses. On a like-for-like basis the growth was
        
        
          7%
        
        
          2013
        
        
          2012
        
        
          2011
        
        
          2010
        
        
          636
        
        
          1,226
        
        
          13,1%
        
        
          16,5%
        
        
          19,5%
        
        
          21,3%
        
        
          1,496
        
        
          1,784
        
        
          2014
        
        
          15,9%
        
        
          1,146
        
        
          EBITDA (
        
        
          €
        
        
          m) and Margin (%)
        
        
          In 2014, aggregate investments generated EBITDA of
        
        
          €
        
        
          1.1 billion,
        
        
          36%
        
        
          lower than last year. Excluding new acquisitions and full sale of three
        
        
          companies, EBITDA growth was
        
        
          6%
        
        
          +93%
        
        
          +22%
        
        
          +19%
        
        
          -36%
        
        
          +40%
        
        
          +3%
        
        
          +5%
        
        
          -15%
        
        
          In 2014, Investindustrial’s portfolio showed a strong performance with a like-for-like
        
        
          double-digit sales growth