IFRS EUR million, unless otherwise specified | 2021 | 2020 |
Reported | ||
Revenue (net sales) | 364.2 | 122.2 |
EBITDA | 57.0 | 15.0 |
Adjusted EBITDA | 62.8 | 24.3 |
Adjusted EBITDA margin -% | 17.2% | 19.9% |
Adjusted EBITA | 36.1 | 14.0 |
Adjusted EBITA margin -% | 9.9% | 11.5% |
Profit for the period | -4.8 | -6.9 |
Like-for-like (LFL) | ||
LFL Revenue (net sales) | 416.7 | 373.4 |
LFL EBITDA | 64.6 | 54.1 |
LFL adjusted EBITDA | 70.4 | 63.5 |
LFL adjusted EBITDA margin -% | 16.9% | 17.0% |
LFL adjusted EBITA | 40.9 | 37.1 |
LFL adjusted EBITA margin -% | 9.8% | 9.9% |
LFL synergy adjusted EBITDA | 71.6 | – |
Financial position | ||
Equity ratio, % | 23.2% | 41.4% |
Net interest bearing debt (NIBD) | 346.3 | 199.2 |
Leverage, x | 4.84 | – |
Operating cash flow before acquisitions | 42.0 | 8.7 |
Cash conversion, % | 73.7% | 58.3% |
Other | ||
Number of employees at the end of period | 4 781 | 3 191 |
Average number of employees | 4 138 | 1 410 |