Annual Report 2022

Choose topics to filter the report

Your filter results

Historical financial information

Use the below tool to compare financial key figures across a determined range of years. Simply choose the desired figures and your preferred view. Comparisons and views may be printed, saved and exported as images.

Key Performance Indicators

(In € million)

 

2022

 

2021

Total revenue

 

2,779.9

 

2,061.8

EBITDA

 

481.5

 

562.4

Adjusted EBITDA

 

652.2

 

570.6

Adjusted EBITDA margin

 

23.5%

 

27.7%

Net income

 

37.8

 

172.1

Adjusted net income1

 

286.8

 

265.7

Free cash flow2

 

263.1

 

258.3

Net capex3

 

144.0

 

142.7

Net capex3 as a % of total revenue

 

5.2%

 

6.9%

Post-tax ROCE4

 

27.3%

 

31.0%

Source: Company information and management estimates

1

For the year ended 31 December 2022, the Group has adjusted out of net income all PPA amortisation (net of tax) related to acquisitions. See note 9 of the consolidated financial statements.

2

For the year ended 31 December 2022, the Group also considers proceeds from sales of PP&E, other than filling lines and other related equipment, and intangible assets in its calculation of free cash flow. See note 11 of the consolidated financial statements.

3

For the year ended 31 December 2022, the Group also considers proceeds from sales in its calculation of capital expenditure for PP&E (excluding filling lines and other related equipment) and intangible assets. See note 11 of the consolidated financial statements.

4

For ROCE EBITA in 2022, adjusted EBITDA includes the adjusted EBITDA and depreciation of PP&E of Scholle IPN and Evergreen Asia from 1 January 2022. For ROCE EBITA in 2021, adjusted EBITDA includes the adjusted EBITDA and depreciation of PP&E of the former joint ventures in the Middle East from 1 January 2021.

Financial reconciliations

Alternative performance measures

Definitions of Alternative performance measures

Share this page