now live: annual report 2019
highlights
- revenue +3% to EUR 2,841 million (organic +1.1%)
- operating profit (EBITA) EUR 362.6 million with an EBITA-margin of 12.8%
- net profit before amortisation EUR 267.4 million; per share EUR 2.42 (-3%)
- free cash fl ow EUR 312.1 million; ROCE 15.1% (before IFRS 16)
- increased investments in organic growth and innovation initiatives
- portfolio optimisation: acquired PPC and Applied, annual revenue USD 62 million; divested STAG and HFI, annual revenue EUR 30 million
- updated strategy ‘focused acceleration’, presented December 2019
In 2019 we achieved a solid and resilient performance in a more difficult market environment. Aalberts is in a good shape with a prosperous future. We will accelerate our actions as presented during our Capital Markets Day and we remain confident in realising our organic growth and innovation plans and operational excellence projects, achieving our strategic objectives.
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