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2.7 Earnings per share
Accounting policies
Basic earnings per share are calculated by dividing the net profit for the period attributable to the parent’s equity holders by the weighted average number of shares outstanding during the period. Diluted earnings per share are calculated by adjusting the weighted average number of all shares to assume conversion of all potentially dilutive shares.
2017 2016
Net profit for the period attributable to equity holders of the parent, € million 257.8 98.6
Number of shares
Weighted average number of shares outstanding 99,426,302 99,248,794
Diluted weighted average number of shares outstanding 99,426,302 99,248,794
Earnings per share from net profit attributable to equity holders of the parent
Basic, € 2.59 0.99
Diluted, € 2.59 0.99
Comparable earnings/share, basic, € 2.28 2.01
Reconciliation for comparable earnings is presented in note 2.2.