Investor Presentaiton
Record H1 results
Half Year 2021
Adjusted¹
SDIS2
Results
Half Year 2020
+/- A
Reported
Results
Adjusted¹
SDIS 2
Results
Reported
Results
Adjusted
Results
* eurofins
+/- A
Reported
Results
Key Highlights
•
Record first six months, with strong
growth of revenues (EUR 3,272m,
+41% vs H1 2020) thanks to
strong growth of Core Business
and sustained revenues from COVID
testing & reagents (close to EUR
750m)
Record adjusted EBITDA of
EUR 1,008m (+104% year-on-year)
and 30.8% margin (vs 21.2% in
H1 2020)
Reported Net Profit5 of EUR 415m
(12.7% of revenues, +339% vs EUR
95m in H1 2020)
Record EPS of EUR 2.17 (EUR
3.05 adjusted), up 317% vs
H1 2020
Revenues, EURM
3,272
3,272
2,323
2,323
+41%
+41%
EBITDA³, EURM
1,008
-19
989
493
-35
459
+104%
+116%
EBITDA Margin, %
30.8
30.2
21.2
19.7
+960bps
+1,050bps
EBITAS4, EURM
813
-29
785
311
-52
259
+162%
+203%
Net Profit 5, EURM
582
-167
415
187
-92
95
+211%
+339%
Basic EPS6, EUR
3.05
-0.87
2.17
1.03
-0.51
0.52
+196%
+317%
1 Adjusted results - reflect the ongoing performance of the mature and recurring activities excluding "Separately Disclosed Items"
2 Separately disclosed items - include one-off costs from integration, reorganisation, discontinued operations and other non-recurring income and costs, temporary losses and other costs related to network expansion, start-ups and new
acquisitions undergoing significant restructuring, share-based payment charge, impairment of goodwill, amortisation of acquired intangible assets, negative goodwill, loss/gain on disposal and transaction costs related to acquisitions as well
as income from reversal of such costs and from unused amounts due for business acquisitions, net finance costs related to borrowing and investing excess cash and one-off financial effects (net of finance income) and the related tax effects
3 EBITDA - Earnings before interest, taxes, depreciation and amortisation, share-based payment charge, impairment of goodwill, amortisation of acquired intangible assets, negative goodwill, loss/gain on disposal and transaction costs
related to acquisitions as well as income from reversal of such costs and from unused amounts due for business acquisitions
4 EBITAS - EBITDA (as defined above) less depreciation and amortisation
5 Net Profit - Net profit for equity holders after non-controlling interests but before payment to Hybrid capital holders
6 Basic EPS - Basic EPS attributable to equity holders of the Company and hybrid capital investors
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