x EUR million
From continuing operations unless otherwise indicated |
2020 |
2019 |
2018 |
|
|
|
|
| Revenue |
1,386.3 |
1,631.3 |
1,552.8 |
| Comparable growth1 |
(12.4%) |
2.7% |
18.3% |
| Adjusted EBITDA2 |
162.0 |
184.9 |
120.4 |
| Adjusted EBIT2 |
48.2 |
68.0 |
29.5 |
| Adjusted EBIT2 margin |
3.5% |
4.2% |
1.9% |
| EBIT |
19.8 |
25.6 |
23.8 |
| Net result from continuing operations3 |
(74.0) |
(39.6) |
(38.9) |
| Free cash flow |
105.4 |
58.3 |
(21.2) |
|
|
|
|
| Capital expenditures |
81.2 |
83.1 |
61.3 |
| Cash and cash equivalents |
183.5 |
201.1 |
227.1 |
| Total assets |
1,701.0 |
2,056.3 |
1,944.4 |
| Loans and borrowings |
344.2 |
687.5 |
731.4 |
| Equity attributable to owners of the company |
702.1 |
597.3 |
668.8 |
| Capital employed |
874.8 |
1,110.4 |
1,207.9 |
| Net leverage4 |
2.1 |
4.0 |
|
|
|
|
|
| Number of employees (at year-end) |
9,025 |
9,856 |
10,045 |
| Vessel CO2 emissions (kilotonnes per operational day ) |
|
|
|
| · Owned vessels |
15.5 |
18.3 |
18.1 |
| · Chartered vessels |
16.9 |
14.4 |
14.5 |
1 Corrected for currency effect
2 Adjusted for specific items: onerous contract provisions, restructuring cost, impairment losses, and certain advisor/ other costs
3 Attributable to the owners of the company
4 Total debt (incl. subordinated debt) minus cash on balance sheet divided by last 12 months adjusted consolidated EBITDA for covenant purposes, including IFRS-16; 2019 numbers provided for information only as the definition was changed after the Q4 2020 refinancing