Operating result (c = a - b

Operating result before tax (DEM million

ratio of operating result to tonne-kilometres

Adjusted Earnings per Share, a non-IFRS measure, is used by Management to evaluate financial operating results.

What is the difference between operating results and operating success?

Operating profit before non-recurrent items

(4) EBITDA = Operating Profit + D&A, that is, operating profit before depreciation and amortization.

Substantial increase in operating profit: +12.1% 2

[4] Operating profit/(loss) + research tax credit (CIR)

The operating profit indicator improved again in 2006 (2,2 %) and continues to improve.

The formula is based on the operating results of the beneficiary (EBIT, earnings before interest and taxes) recorded in the year before granting/notifying the aid (indicated as t).

In all probability, our operating results for the fourth quarter will be very satisfactory.

Special items also contributed to the weakening in operating results.

Adjusted Operating Earnings, Adjusted EBITDA and Adjusted EBITDA Margin are non-IFRS measures used by Management to evaluate financial operating results.

Adjusted Earnings per Share, a non-IFRS measure, is used by Management to evaluate financial operating results.

The operating result totals 157 million Swiss francs.

In 2013, the operating result returned to the red.

The operating result and the net result amounted to € 11.9 million and € 7.7 million, respectively.

EBITDA CHF 80.0 million - Operating result boosted by 23.8%.

Earning Before Interests and Taxes", equivalent of the operating result in France.

Like-for-like, the operating result increased by 580 million euros.

The aim is to once again achieve a positive operating result by 2020.

In 1997, Thomson multimedia succeeded in meeting its commitment to return to a positive operating result.

The following data on the companys operation were supplied by Germany (turnover and operating result in DEM million

The operating result expresses the result produced by a company through normal operation of its own inputs.

Adjusted operating income1 of $50.9 million (Operating income of $23.5 million).*

Degree of operating leverage = contribution margin / operating income;

(3) EBITDA=Operating Income +D&A, that is, operating income before depreciation and amortization.

(3) EBITDA=Operating Income +D&A, that is, operating income before depreciation and amortization.

Operating loss of $8.0 million (operating income of $41.0 million).

Adjusted operating profit: +3.3% to 619 million euros

Adjusted operating profit: +3.1% to 693 million euros

Adjusted operating profit: +2.1% to 674 million euros

Operating profit of $4.9 million compared to $3.8 million.

Operating profit has increased strongly by +12.1% 2, setting a new record in operating margin of 19.5%.

In terms of the Group’s Operating profit, Volkswagen is forecasting an operating return on sales of between 5.5 percent and 6.5 percent in light of the challenging economic environment.

Earnings before interest and taxes (EBIT) increased by 12.3% to EUR 65.7 million.

Profit from ordinary activities, adjusted (EBIT) 416 453 -8%

Operating income before depreciation and amortisation, EBITDA (in CHF million)

Operating income before depreciation and amortisation (EBITDA) (in CHF million)

EBIT excluding restructuring result was EUR27 million (previous year: EUR11 million).

EBIT excluding restructuring result was €27 million (previous year: €11 million).