Highlights
• Group total revenue down 4.4% to €47.6 billion; full year organic service revenue grew 1.9%
• Q4 organic service revenue grew 1.5%; Europe stable at 0.1% (1.4% excluding regulation), AMAP robust at 6.8%
• Organic adjusted EBITDA up 5.8% to €14.1 billion; H2 adjusted EBITDA up 6.3%
• Adjusted EBITDA including India on a guidance basis up 3.4% to €15.8 billion, within 3%-6% guidance range
• Free cash flow ('FCF') €4.1 billion as capital additions declined 27.3% to a more normalised level post Project Spring of €7.7 billion; FCF €4.3 billion on a guidance basis
• Loss for the financial year of €6.1 billion includes a net of tax impairment of India of €3.7 billion
• Final dividend per share of 10.03 eurocents, up 2.0%, giving total dividends per share of 14.77 eurocents
• 2018 financial guidance: organic adjusted EBITDA growth of 4%-8% (€14.0-€14.5 billion); FCF around €5 billion
