NOTE B7 Underlying profit from discontinued operations
- Index
- 1 NOTE B1 Net sales
- 2 NOTE B2 Underlying raw material & energy costs
- 3 NOTE B3 Underlying EBITDA
- 4 NOTE B4 Underlying depreciation & amortization
- 5 NOTE B5 Underlying net financial charges
- 6 NOTE B6 Underlying income taxes
- 7 NOTE B7 Underlying profit from discontinued operations
- 8 NOTE B8 CAPEX
- 9 NOTE B9 Free Cash Flow
- 10 NOTE B10 Net working capital
- 11 NOTE B11 Underlying net debt
- 12 NOTE B12 CFROI
- 13 NOTE B13 Research & Innovation
Discontinued operations added €159 million to profit on an underlying basis. The decrease versus €240 million in 2016 is explained by the divestment of the Vinythai Asian PVC activity and the Acetow acetate tow business, which were completed mid-2017. The discontinued operations in the second half of the year still contain the Polyamide activity that is planned to be sold to BASF for an enterprise value of €1.6 billion. This divestment is expected to be finalized in the second half of 2018.