2009-2013 business plan review presentation

Review of the 2009 – 2013 Business Plan

• Investments at the end of the plan (2009-2013) forecast to reach €750 million, in addition to €100 million relating to  the portfolio’s asset turnover
• Ebitda margin expected to gradually improve from 68% to 76%
• Average portfolio yield expected to rise to 6.4% – 6.5%
• Gearing ratio below the 1.5x level

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