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Half-Year Financial Report 2011
Highlights – 2nd Quarter 2011
Total revenues increase 16% to € 2.6 billion
Operating result of € –11 million (one-time adjustments);
Core operating result at € 315 million
New Executive Board in place,
selection of next level underway
New guidance on Group operating result for 2011: ~ € 1 billion,
or ~ € 1.4 billion excluding one-time items
Total revenues
Operating result
by quarter€ million
Total revenues by quarter (bar chart)
by quarter€ million
Operating result by quarter (bar chart)

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