Financial Overview

(in million euros)

	FY ended Dec. 31, 2013	FY ended Dec. 31, 2012	Rate of change (%)	Factors
Group
Sales	1,149.0	1,081.3	6.3	-
EBITDA	178.9	154.8	15.6	-
Automotive Division
Sales	422.2	426.6	(1.0)	1)

Factors
1) Automotive Division
-The level of automotive production in Europe decreased by 0.7%, but nearly 5% down in French customers of the Company.
-The division developed its business with German client. The Company recorded good growth with the components for Renault and Dacia.

R&D Expenditure

(in million euros)

	FY ended Dec. 31, 2013	FY ended Dec. 31, 2012	FY ended Dec. 31, 2011
Group	18.9	22.7	18.9
% of sales revenue	1.7%	2.1%	2.0%

Capital Expenditure

(in million euros)

	FY ended Dec. 31, 2013	FY ended Dec. 31, 2012	FY ended Dec. 31, 2011
Automotive	32.1	28.0	35.6