Revenue of €880 million, up 10% on a comparable basis

• Retail delivered a steady 11% growth over the third quarter 2019
• All Retail business lines performed in line with expectations
• B&A growth reached 8% fuelled by North America and Latin America
• EMEA remained challenging with a volatile environment in Eastern Europe

All 2019 objectives reiterated

• 2019 organic growth above 9%
• EBITDA (after IFRS 16) above €590 million
• Free Cash Flow conversion rate c. 50%

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