Investor Presentaiton
Net Income of €3.2bn
In Єm
2020
2021
% change
Adjusted EBITA
3,926
4,987
+27%
Other income and expenses
(210)
(21)
Restructuring
(421)
(225)
Amortization & imp. of purchase
accounting intangibles
(207)
(410)
EBIT
3,088
4,331
+40%
Financial costs
(278)
(176)
Income tax
(638)
(966)
Equity investment & Minorities
(46)
15
Net income (Group share)
2,126
3,204
+51%
Adjusted Net income¹
2,614
3,409
+30%
Adjusted Earning per share¹
4.72
6.13
+30%
1: Adjusted net income and EPS calculation in appendix
Investor Relations - Schneider Electric | Page 37
M&A / integration costs, offset by gains on disposal for
Cable Support, US Motion and IMServ. 2020 was mainly
M&A/ integration costs
Restructuring costs due to Group's ongoing cost
efficiency plan to deliver c.€1bn in savings. The Group
now expects restructuring costs of between €850 million
to €950 million over three years (2020-2022), c. €300
million lower than previously anticipated
Increase mainly due to acquisitions completed in H2'20
and H1'21: including RIB Software, L&T E&A division
and OSIsoft
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