IBERSOL Annual Report and Consolidated Accounts 2017

Consolidated financial analysis In this financial year consolidated operating revenue was 458 million eu- ros, 64% more than in 2016. The EBITDA margin for the same period was 65,3 million euros, an increase of 39%. Operating income stood at 33.4 million euros, an increase of 10% over the previous year. Sales and other operating revenue Consolidated turnover reached 448 million euros, an increase of 66.2% compared to 2016. Without considering EOG, turnover growth was 15.9% distributed as follows: Turnover 2017 w/EOG EOG 2017 TOTAL 2017 euro million % Ch 17/16 euro million euro million % Ch 17/16 Sales of Restaurants 282.96 15.9% 157.75 440.71 65.2% Sales of Merchandise 2.56 26.0% 0.00 2.56 26.0% Services Rendered 0.65 5.4% 4.41 5.06 405.9% Net Sales & Services 286.17 15.9% 162.16 448.33 66.2% Operating Income 104