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Capital expenditure

Group

 As announced at the beginning of 2011, capital expenditure surged 33.5%, or €486 million, to €1,936 million (€1,450 million in 2010), representing 4.6% of sales (3.6% in 2010). This increase was essentially attributable to the Group's fast-paced development in Asia and emerging countries and on energy efficiency and energy markets (mainly Flat Glass - including solar power - and Construction Products). In all, investments made by the Group in these two markets accounted for virtually all of the Group's growth capex in 2011.

 

 

 

 

 

 

By sector and division

  2010 in EUR m 2011
in EUR m
Change on an actual structure basis 2010 in % of sales 2011 in % of sales
Innovative Materials 562 880 +56.6% 6.1% 9.2%
Flat Glass 413 682 +65.1% 7.9% 12.5%
High-Performance Material 149 198 +32.9% 3.6% 4.8%
Construction Products 422 553 +31.0% 3.9% 4.8%
Interior Solutions 194 330 +70.1% 3.7% 6.0%
Exterior Solutions 228 223 -2.2% 3.9% 3.7%
Building Distribution 187 210 +12.3% 1.1% 1.1%
Packagin 261 267 +2.3% 7.3% 7.4%
Miscellaneous 18 26 n.m. n.m. n.m.
GROUP TOTAL 1,450 1,936 +33.5% 3.6% 4.6%

 

By geographic area

  2010 in EUR m 2011 in EUR m Change on an actual structure basis 2010 in % of sales 2011 in % of sales
France 290 313 +7.9% 2.5% 2.7%
Other western European countries 427 547 +28.1% 2.5% 3.0%
North America 201 295 +46.8% 3.6% 5.4%
Emerging countries and Asia 532 781 +46.8% 6.7% 9.0%
GROUP TOTAL 1,450 1,936 +33.5% 3.6% 4.6%

 

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