Annual Report 2013

Our strategic priorities and targets 2016

Our targets 2016

20

bn € sales

10

bn € sales in
emerging markets

 

 

10

% annual growth in
earnings per share1

1

Average annual growth in adjusted earnings per preferred share (compound annual growth ratecompound annual growth rate
Year-over-year rate of growth, e.g. of an investment, over a defined period.
/CAGR).
Including continuous portfolio optimization.