The report provides an analysis of the financial performance of European companies in the fourth quarter of 2015. The industries with the highest EBIT margins were Health Care, Industrials, and Technology & Telecommunications, while the Basic Materials industry had the lowest margins. The average EBIT margin decreased by 3.6% compared to the previous year, mainly due to the decline in the Iron, Steel, and Coal sectors. The Automotive industry also experienced a decline in margins, primarily due to parts manufacturers, while OEMs and tire manufacturers had stable margins. The Energy sector improved after a poor previous quarter, mainly due to the Utilities sector, while the Oil & Gas sector had negative margins on average. The Consumer Goods industry remained stable.