450,0
250,0
350,0
150,0
400,0
200,0
300,0
100,0
50,0
0,0
2008
90
89
81
79
73
308
35
34
32
23
17
20%
12%
16%
8%
2%
18%
10%
4%
14%
6%
0%
317
321
316
307
2009
2010
2011
2012
No. Units
EBITDA (mn€)
EBITDA margin
EBITDA %
40
20
30
10
35
15
25
5
0
2008
2009
2010
2011
2012
Spain
Portugal+Angola
ANNUAL REPORT AND CONSOLIDATED ACCOUNTS 2012
9
