Glossario

O - Z

• Operating profit (EBIT)

  The profit or loss of operations before costs and revenue from financial transactions and taxes.

• ROS

  The ratio between operating profit and sales.

• ROI

  The ratio between operating profit and net invested capital.

• ROE

  The ratio between Group net profit (loss) and Group shareholders' equity.

• SEDOL

  Acronym for Stock Exchange Daily Official List number, a code used by the London Stock Exchange to identify foreign stocks (London Stock Exchange).

• Self-Regulatory Code

  The Listed Companies' Self-Regulatory Code approved by the Corporate Governance Committee in March 2006 and promoted by Borsa Italiana S.p.A.

• STM

  The Screen-based Trading Market organised and managed by Borsa Italiana S.p.A.

• Stock Market Regulations

  The Regulations governing Markets organised and managed by Borsa Italiana S.p.A.