Page 22 - PARMALAT 2017 ANNUAL REPORT

Data by Product Division

(amounts in millions of euros) Year 2017 Year 2016 Delta %
Division Net Revenue EBITDA EBITDA % Net Revenue EBITDA EBITDA % Net Revenue EBITDA
Milk 1 3,318.9 170.7 5.1 3,181.1 171.3 5.4 +4.3% -0.3%
2
Fruit base drinks 195.6 6.5 3.3 176.1 18.2 10.3 +11.1% -64.2%
Cheese and other fresh products 3 2,958.9 278.7 9.4 2,877.6 296.7 10.3 +2.8% -6.1%
Other 4 130.3 11.2 8.6 153.4 3.0 1.9 n.s. n.s.
Group excl. hyperinflation 6,603.7 467.1 7.1 6,388.2 489.3 7.7 +3.4% -4.5%
Hyperinflation in Venezuela 91.9 (13.5) n.s. 101.3 (30.7) n.s. n.s. n.s.
Group 6,695.5 453.6 6.8 6,489.4 458.5 7.1 +3.2% -1.1%
1
Includes milk, cream and béchamel
2
Includes fruit base drinks and tea
3
Includes yogurt, dessert, cheese
4
Includes other products, whey and Group's Parent Company costs

Net Revenue by Product Division

Year 2017 Year 2016
Cheese and Cheese and other
other fresh fresh products 3
products 3 45,0%
44,8%
Fruit base
drinks 2 Fruit base
3,0% drinks 2
2,8%
Other 4
Other 4 2,4%
2,0%

Milk 1 Milk 1
50,3% 49,8%
1
Includes milk, cream and béchamel
2 Includes fruit base drinks and tea
3
Includes yogurt, dessert, cheese
4
Includes other products and whey

In order to improve comparability with the 2016 data, the table below presents the Group’s results at constant
exchange rates and comparable scope of consolidation and excluding Venezuela:
13 13 13 13
(amounts in millions of euros) Year 2017 Year 2016 Delta %
Net Net Net
Division EBITDA EBITDA % EBITDA EBITDA % EBITDA
Revenue Revenue Revenue
Milk 1 3,160.4 168.4 5.3 3,146.0 161.9 5.1 +0.5% +4.0%
Fruit base drinks 2 137.8 5.7 4.1 140.9 8.6 6.1 -2.2% -33.3%
Cheese and other fresh products 3 2,726.6 266.8 9.8 2,783.2 287.7 10.3 -2.0% -7.2%
Other 4 206.7 (0.4) -0.2 154.0 3.4 2.2 n.s. n.s.
Group 6,231.5 440.5 7.1 6,223.9 461.6 7.4 +0.1% -4.5%
(constant exch. rates/scope of consolidation) 2
1
Includes milk, cream and béchamel
2
Includes fruit base drinks and tea
3
Includes yogurt, dessert, cheese
4
Includes other products, whey and Group's Parent Company costs
5
Excluding Venezuela, new activities consolidated in 2016 (Parmalat Australia YD and Sadefox), in the first half of 2017 (Chile) and in the second half of 2017 (Karoun in the U.S. and Silac in Italy).

20 Report on Operations – Revenue and Profitability