Press release
annual report 2020
Highlights:
- limited number of COVID-19 infections; continued operations in a safe way
- revenue EUR 2,610 million; organic decline 7.0%
- orderbook at year-end 9.3% higher than last year
- EBITA amounted to EUR 283* million; as a % of revenue 10.8*
- net profit before amortisation EUR 200* million; per share EUR 1.81*
- strong free cash flow of EUR 339 million
- net debt (before IFRS 16) reduced with 24% to EUR 444 million
- continued investments and innovations; capital expenditure EUR 95 million
- acceleration strategy: one-of full year strategic restructuring cost of EUR 51 million
- with an annual benefit of approx. EUR 50 million
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We just published our annual report 2020 in which we look back on a very special year. Our Aalberts people did a great job in continuing our operations in a safe way, serving our customers all over the world, at the same time initiating lots of structural improvements and driving our innovations and strategy forward.
