Financial highlights

Revenue was up 6 percent in Q2, due to 9 percent favorable currency effects offset by divestments and lower volume. Operating income was €486 million (2014: €353 million); up 38 percent, reflecting the positive effects of process optimization, lower costs, reduced restructuring expenses,
divestment results and favorable currency developments. ROS improved to 12.3 percent (2014: 9.5 percent) and ROI improved to 11.7 percent (2014: 10.1 percent). Net cash inflow from operating activities was €407 million (2014: €393 million).

The market trend in North America continued to be positive with Europe not improving. Conditions remained challenging in many other countries, including Russia, Brazil and China.

Summary of financial outcomes