GTC Acquisition and Construction Overview

IMPACT OF COVID-19 ON GROSS MARGIN OFFSET BY NEW COMPLETIONS As of 30 June 2020 ■ 4% decrease in gross margin from COVID-19 impact and disposals offset by new completions (8.1) 7.2 (€m) (2.0) 0.4 61.1 58.6 Gross margin H1 2019 Sold assets New completions COVID-19 impact LfL growth Gross margin H1 2020 Source: GTC 28 | COVID 19 IMPACT | GT CI

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