Consensus Estimates

Earnings Estimates
(in US$m)

Q2
2007
Q2
2008E
H1
2007
H1
2008E
Sales
2,404.0
2,634.9
4,724.9
5,146.7
EBT
391.0
427.1
755.7
815.8
Net income
178.7
206.5
339.0
392.3
Earnings Estimates
(in US$m)
FY
2007
FY
2008E
FY
2009E
Sales
9,720.3
10,607.4
11,437.5
EBT
1,580.1
1,728.7
1,893.3
Net income
717.1
835.0
947,0

The consensus is based on 16 analysts' estimates.

These estimates were provided by

This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.

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