The performance improvement program announced in October 2011 is on track to deliver the full €500 million in EBITDA at the end of the year. Further efficiency and cost reduction measures have also been identified as restructuring activities are stepped up, the benefits of which will be realized in 2014 and beyond. As previously indicated, the majority of the restructuring charges for the second half of 2013 will be taken in the fourth quarter. Year-to-date restructuring costs are €144 million of an expected full-year total of around €300 million (2012: €292 million). In Q3, restructuring costs amounted to €75 million (2012: €101 million).
The return on sales in the quarter, before restructuring charges, has improved in all three business areas.