62
SUMMARY GROUP
INFORMATION
(1)
During 2014, Group sales
decreased by 14% mainly
due to the decrease
in the Services and
Concessions sector.
The overall sales were
only partially off-set by
the acquisition of Flos
and Goldcar.
On a like-for-like basis,
excluding extraordinary
transactions the Group
registered an increase in
sales of 12%.
In 2014 Group EBITDA
decreased by 36%
mainly due to the
contribution of
the Services and
Concessions sector
due to sale of
investments.
On a like-for-like basis
the EBITDA increase
was of 6%. See-through
Senior Debt / EBITDA
ratio decreased
significantly to 2.9x.
The sale of two labor
intensive companies
decreased the total
number of employees
by 15% reaching
approximately 41,750
people. On a like-for-
like basis employees
increased by 7%.
(1)
Aggregate numbers considering 100% of the
companies present in the portfolio at the end
of each year. Investindustrial’s funds typically
own a majority position but not always.
