Developments in the HPM Sector in H1-2005 slide image

Developments in the HPM Sector in H1-2005

Cash flow and capital expenditure In Єm (excl. taxes on capital gains) 1,252* 554 €698m* 1,360* 598 €762m* 7.9% 3.5% 8.1% 3.5% (% of sales) H1 2004 ☐ Cash flow H1 2005 ■Capital expenditure • Ongoing high levels of cash flow • Continued capital spending in emerging countries Including pre-tax asbestos-related charge of * €54m in H1-05 (€50m in H1-04) mmmm SAINT-GOBAIN
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