Investor Presentation September 2022
41
Investor Presentation September 2022
Caverion
Building Performance
Cash flow development
Cash conversion at 81.3% in H1/2022
> Operating cash flow was EUR 29.7 (37.2) million
in H1/22 and cash conversion (LTM) 81.3%
(80.3%).
> Change in working capital of EUR -28.0m (-18.3m).
> H1/2022 cash flow was negatively impacted by the
payment of EUR 8.8 million for civil claims relating to
the German anti-trust matter. The respective cost
was reported in items affecting comparability in
2021.
Operating cash flow before financial and tax items, EUR million
40.6
2021: 103.8
76.7
-3.4
-10.1
H1/2022: 29.7
39.1
-9.3
> Free cash flow: EUR -13.0 (21.5) million
> Capex 2021: EUR 38.0 (7.1) million
IT investments: EUR 4.6m (4.1m)
> Other investments incl. acquisitions: EUR 33.4m
(3.0m)
Free cash flow = Operating cash flow before financial and tax
items - Taxes paid - Net cash used in investing activities (net,
including acquisitions and disposals).
Q3/21
Q4/21
Q1/22
Q2/22
Q1/21
Q2/21
Free cash flow, EUR million
2021: 67.2
28.9
-7.3
-19.2
H1/2022: -13.0
64.9
29.1
-42.2
Q1/21
Q2/21
Q3/21
Q4/21
Q1/22
Q2/22View entire presentation