Key figures

Consolidated income statement (in € millions)

  2016 2017 2018 2019 2020
Sales 670.9 687.2 674.2 633.8 642.2
EBITDA 67.0 67.2 73.0 51.6 85.5
EBITDA-margin (%) 10.0% 9.8% 10.8% 8.1% 13.3%
Adj. EBITDA 65.1 66.7 72.4 60.6 86.0
Adj. EBITDA-margin (%) 9.7% 9.7% 10.7% 9.6% 13.4%
EBIT 36.1 36.7 43.9 11.2 45.9
EBIT-margin (%) 5.4% 5.3% 6.5% 1.8% 7.1%
EBT 22.2 22.0 20.9 -11.3 30.5
EBT-margin (%) 3.3% 3.2% 3.1% -1.8% 4.8%
Net profit (+) / loss (-) 21.0 13.8 15.6 -14.7 25.6
Net profit (+) / loss (-)-margin (%) 3.1% 2.0% 2.3% -2.3% 4.0%
Earnings per share (in euro) 0.15 0.09 0.11 -0.11 0.19

Consolidated statement of financial position (in € millions)

  2016 2017 2018 2019 2020
Non-current assets 291.5 282.3 304.1 321.8 273.1
Current assets 309.6 276.3 285.9 253.6 326.2
Equity 275.0 257.6 255.6 233.1 246.3
Long-term provisions 28.4 27.8 24.5 27.3 25.8
Deferred tax liabilities 2.3 1.7 3.2 0.7 1.8
Long-term interest-bearing loans 129.2 129.6 124.2 140.5 137.0
Current liabilities 166.1 141.9 174.9 173.7 187.8
Balance sheet total 601.1 558.6 590.0 575.4 599.4
Working capital 111.1 135.9 92.3 94.5 74.2
Capital expenditure (capex) 79.4 54.2 62.1 35.5 23.5
Net debt 88.4 118.3 93.7 140.2 55.5
Equity / Balance sheet total (%) 45.8% 46.1% 43.3% 40.5% 41.1%
Net profit (loss)/Equity (%) 7.6% 5.4% 6.1% -6.3% 10.4%
Gearing (%) 32.1% 45.9% 36.7% 60.1% 22.5%

Headcount (FTE)

  2016 2017 2018 2019 2020
Total full time equivalents (FTE) 3,682 3,927 3,803 3,754 3,660

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