"In addition to the unfavorable benchmark, volume was affected by the slowdown in industrial markets (abrasives, foundries, paints and coatings, plastics), especially in the fourth quarter," the group said.
Current operating income amounted to EUR 562.1 million in 2018, an increase of + 2.0% compared to 2017, and the operating margin was 12.2%.
The net profit of the Group increased by 52.0% to EUR 559.6 million in 2018 (EUR 368.2 million in 2017).
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