Forecast 1H 2016

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	Analyst forecasts 1H 2016
in € millions	Average	A1	A2	A3	A4	A5	A6	A7
Emea	638	649	633	651	636	635	630	631
North America	306	310	309	305	301	302	319	297
Latin America	346	327	346	346	357	363	328	357
Asia Pacific	557	556	563	564	565	557	546	546
Consolidated sales	1 847	1 843	1 851	1 866	1 859	1 858	1 824	1 831
EMEA	638	648		649	631		626
North America	309	310		305	301		319
Latin America	682	644		680	702		702
Asia Pacific	558	556		564	565		546
Combined sales	2 187	2 158		2 198	2 199		2 194
Emea	82	78	89	81	81	79	84	84
North America	16	19	20	12	16	15	19	14
Latin America	26	26	22	26	25	21	30	29
Asia Pacific	57	67	60	57	53	53	46	66
Others	-31	-33	-34	-34	-30	-25	-33	-30
REBIT Consolidated	150	157	157	142	145	143	146	163
REBIT margin	8.1%	8.5%	8.5%	7.6%	7.8%	7.7%	8.0%	8.9%
EBIT Consolidated	142	149	151	142	135	131	131	154
EBIT margin	7.7%	8.1%	8.1%	7.6%	7.2%	7.1%	7.2%	8.4%
Financial result	-56	-51	-55	-51	-60	-55	-63	-55
Income taxes	-28	-30	-34	-34	-25	-21	-18	-32
Share in J.V.'s	8	7	10	0	10	8	14	8
Minority interest	-2	-4	-3	0	-5	-2	-6	-4
Net result Group	64	72	69	58	55	62	58	72
Net debt	898	880		888	950		923	850
Net debt incremental part BBRG*	285	285	285	285	285	285	285	285
EBITDA	267	262	299	256	250		248	285
WACC	7.8%	7.4%		8.1%			8.0%	7.5%

^{* BBRG = Bridon-Bekaert Ropes Group}