The company reported solid Q2 16 results. Revenues increased 2% (organically 4%) to €5.7bn (estimate: €5.4bn) and EBIT improved 10.5% (organically 11%) to €273m (estimate: €258m). The EBIT margin increased from 4.4% to 4.8% and the gross margin improved from 18.6% to 18.8%. Net income improved 7% from €177m to €190m (estimate €181.6m). The two major markets France and North America contributed 42% to total revenues and 51.4% to EBITA. In the first half year,
