Forecast FY16

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	Analyst forecasts Full year 2016
in € millions	Average	A1	A2	A3	A4	A5	A6	A7
Emea	1 143	1 143	1 142	1 140	1 133	1 134	1 139	1 167
North America	513	511	507	511	509	511	506	536
Latin America	681	680	669	660	677	682	679	722
Asia Pacific	1 047	1 058	1 039	1 084	1 049	1 021	1 016	1 060
BBRG	316	322	325	345	364	312	317	225
Consolidated sales	3 700	3 715	3 682	3 740	3 732	3 661	3 658	3 710
EMEA	1 136	1 142		1 138	1 133	1 133	1 134
North America	510	511		511	509	511	506
Latin America	1 315	1 304		1 303	1 333	1 260	1 374
Asia Pacific	1 061	1 058		1 084	1 049	1 049	1 065
BBRG	332	322		345	364	312	317
Combined sales	4 354	4 337		4 381	4 388	4 266	4 396
Emea	136	134	137	137	139	130	134	139
North America	25	26	26	23	25	25	23	25
Latin America	61	61	58	61	64	61	61	63
Asia Pacific	113	112	118	109	117	110	110	114
BBRG	19	18	10	30	20	22	19	14
Others	-70	-72	-65	-74	-75	-67	-70	-67
REBIT Consolidated	284	280	284	286	290	281	276	288
REBIT margin	7.7%	7.5%	7.7%	7.6%	7.8%	7.7%	7.6%	7.8%
EBIT Consolidated	263	259	269	271	256	260	263	263
EBIT margin	7.1%	7.0%	7.3%	7.2%	6.9%	7.1%	7.2%	7.1%
EBITDA	481	456	472	505	481	459		514
CAPEX	174	190	150	170	162	183	171	195
Working capital	896	883	818	941	968	1 024	854	780
Net debt	1 060	1 046	1 043	1 064	961	1 186	991	1 128

^{* BBRG = Bridon-Bekaert Ropes Group}