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Finance

                                                 
                                                 
                                                 

                                                Full-year figures as of December 31, 2011

                                                 
                                                 

                                                On 5 years

                                                IFRS standard

                                                Sales

                                                (million euros)

                                                 
                                                 
                                                 
                                                2011
                                                22,387
                                                 
                                                2010
                                                19,580
                                                 
                                                2009
                                                15,793
                                                 
                                                2008
                                                18,311
                                                 
                                                2007
                                                17,309

                                                2011 Sales by geographic region

                                                 
                                                 
                                                 
                                                32%
                                                Western Europe
                                                 
                                                27%
                                                Asia Pacific
                                                 
                                                23%
                                                North America
                                                 
                                                18%
                                                Rest of the world

                                                2011 Sales by business

                                                 
                                                 
                                                 
                                                37%
                                                Power
                                                 
                                                22%
                                                Infrastructure
                                                 
                                                20%
                                                Industry
                                                 
                                                14%
                                                IT
                                                 
                                                7%
                                                Buildings

                                                Adjusted EBITA*

                                                (million euros)

                                                 
                                                 
                                                 
                                                2011
                                                3,232
                                                 
                                                2010
                                                3,019
                                                 
                                                2009
                                                2,048
                                                 
                                                2008
                                                2,912
                                                 
                                                2007
                                                2,704
                                                 
                                                 
                                                 
                                                 
                                                 

                                                *EBITA before restructuring and other operating income and expenses

                                                Net income

                                                (million euros)

                                                 
                                                 
                                                 
                                                2011
                                                1,820
                                                 
                                                2010
                                                1,720
                                                 
                                                2009
                                                824
                                                 
                                                2008
                                                1,682
                                                 
                                                2007
                                                1,583

                                                Free cash flow

                                                (million euros)

                                                 
                                                 
                                                 
                                                2011
                                                1,506
                                                 
                                                2010
                                                1,734
                                                 
                                                2009
                                                1,971
                                                 
                                                2008
                                                1,735
                                                 
                                                2007
                                                1,530
                                                 
                                                 
                                                 

                                                Net earnings per share**

                                                 
                                                 

                                                (euros)

                                                2011: 3.39
                                                2010: 3.30
                                                2009: 1.66
                                                2008: 3.51
                                                2007: 3.39

                                                 
                                                 
                                                 

                                                Net dividend per share **

                                                 
                                                 

                                                (euros)

                                                2011: 1.70
                                                2010: 1.60
                                                2009: 1.025
                                                2008: 1.725
                                                2007: 1.65

                                                     
                                                  
                                                 
                                                To know more

                                                To know more 

                                                2011 Annual results

                                                - Strong full year organic growth at +8.3%

                                                - EBITA up 7% and margin at 14.2% (before acquisition and integration costs)

                                                - Acquisition integration synergies on track

                                                 

                                                Investors presentation

                                                 

                                                Financial Calendar

                                                August, 1st 2012
                                                2012 Half Year Results

                                                 

                                                 
                                                 
                                                 
                                                 
                                                 

                                                **two-for-one share split adjusted basis (2011/09/02)