Operating margin per region, % 2007 2008 2009 2010 2011
UK 8.6 5.6 4.2 4.2 4.4
Nordic 12.3 8.4 –1.4 4.9 7.6
Continental Europe 5.9 4.6 –0.4 –6.5 –8.1
Group total 8.4 5.7 0.2 0.0 1.4

Comments on the development

The operating margin target has never been achieved although the margin peaked at 8.5 per cent in 2006.
The Continental Europe region has reported an operating loss since 2009. The aim of Nobia’s strategic
plan is to enhance profitability and improve efficiency by capitalising on synergies and economies of scale.