Energy & Surface Technologies

(in million €) H2 2016 H2 2017 2016 2017
Total turnover 785 1,248 1,469 2,392
Total revenues (excluding metal) 322 495 610 894
Recurring EBITDA 73 109 132 198
Recurring EBIT 45 79 82 141
of which associates 2 7 1 10
Total EBIT 36 53 74 110
Recurring EBIT margin 13.3% 14.6% 13.2% 14.6%
R&D expenditure 10 17 20 30
Capital expenditure 122 132 144 226
Capital employed, end of period 752 1,206 752 1,206
Capital employed, average 725 1,091 695 978
Return on capital employed (ROCE) 12.4% 14.6% 11.7% 14.4%
Workforce, end of period (fully consolidated) 2,357 2,716 2,357 2,716
Workforce, end of period (associates) 847 917 847 917