Key figures

Consolidated income statement (in € millions)

  2014 2015 2016 2017 2018
Sales 552.8 644.5 670.9 687.2 674.2
EBITDA 35.3 54.4 67.0 67.2 73.0
EBITDA-margin (%) 6.4% 8.4% 10.0% 9.8% 10.8%
Adj. EBITDA 36.6 56.5 65.1 66.7 72.4
Adj. EBITDA-margin (%) 6.6% 8.8% 9.7% 9.7% 10.7%
EBIT 14.3 26.9 36.1 36.7 43.9
EBIT-margin (%) 2.6% 4.2% 5.4% 5.3% 6.5%
EBT 6.9 16.9 22.2 22.0 20.9
EBT-margin (%) 1.2% 2.6% 3.3% 3.2% 3.1%
Net profit (+) / loss (-) 10.5 13.3 21.0 13.8 15.6
Net profit (+) / loss (-)-margin (%) 1.9% 2.1% 3.1% 2.0% 2.3%
Earnings per share (in euro) 0.09 0.10 0.15 0.09 0.11

Consolidated statement of financial position (in € millions)

  2014 2015 2016 2017 2018
Non-current assets 254.7 255.1 291.5 282.3 304.1
Current assets 249.0 307.6 309.6 276.3 285.9
Equity 264.5 269.3 275.0 257.6 255.6
Long-term provisions 25.0 25.1 28.4 27.8 24.5
Deferred tax liabilities 5.8 4.5 2.3 1.7 3.2
Long-term interest-bearing loans 14.6 143.5 129.2 129.6 124.2
Current liabilities 193.8 120.2 166.1 141.9 174.9
Balance sheet total 503.7 562.6 601.1 558.6 590.0
Working capital 124.6 142.9 111.1 135.9 92.3
Capital expenditure (capex) 31.3 38.7 79.4 54.2 62.1
Net debt 71.0 92.1 88.4 118.3 93.7
Equity / Balance sheet total (%) 52.5% 47.9% 45.8% 46.1% 43.3%
Net profit (loss)/Equity (%) 4.0% 5.0% 7.6% 5.4% 6.1%
Gearing (%) 26.8% 34.2% 32.1% 45.9% 36.7%

Headcount (FTE)

  2014 2015 2016 2017 2018
Total full time equivalents (FTE) 3,434 3,593 3,682 3,927 3,803

Note: As from 2018 profits and losses resulting from the conversion of monetary assets and liabilities in foreign currencies
into the local currency of the entity are recognized in the consolidated income statement as financial exchange result.


REBITDA Recurring earnings before interest, taxes, depreciation, amortization and provisions for liabilities and charges = recurring operating cash flow
EBITDA Earnings before interest, taxes, depreciation, amortization and provisions for liabilities and charges = operating cash flow
EBITA Earnings before interest, taxes and amortization
EBIT Earnings before interest and taxes
EBT Earnings before taxes
GEARING Net debt compared to the equity capital