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Consolidated results for the year ended 31 March


in € millions20192018*Change
Sales 13 989 11 013 +27%
Gross profit 8 645 7 184 +20%
Gross margin (%) 61.8 65.2 - 340 bps
Operating profit 1 943 1 844 +5%
Operating margin (%) 13.9 16.7 - 280 bps
Profit for the year 2 787 1 221 +128%
Earnings per A share/10 B shares, diluted basis 4.927 2.158 +128%
Cash flow generated from operations 2 331 2 723 -€ 392 m
Net cash position 2 528 5 269 -€ 2741 m

* Prior year comparatives have been re-presented to include royalty income received within total sales.