Financial report • 2021
Highlights
Financial report • 2021
Highlights
Dominating
energy.
Aspirations that lead to concrete solutions. Controlling energy, besides materials: mastering its preservation, distribution and regeneration. Transformation always plays a central role.
0
.6 million €
Revenue from contracts with customers
0
.7 million €
Gross operating income
0
.9 %
ROI
0
Personnel at end of year
Economic results
| Table Header | Table Header | Table Header | Table Header | Table Header | Table Header | Table Header |
|---|---|---|---|---|---|---|
|
(euro thousand) |
31.12.2017 |
31.12.2018 |
31.12.2019 |
31.12.2020 |
31.12.2021 |
% 2021/2020 |
|
Revenue from contracts with customers |
2,463,620 |
2,640,011 |
2,591,670 |
2,208,639 |
2,777,556 |
25.8% |
|
Gross operating income |
479,963 |
500,885 |
515,169 |
388,685 |
502,696 |
29.3% |
|
% on revenue from contracts with customers |
19.5% |
19.0% |
19.9% |
17.6% |
18.1% |
|
|
Net operating income |
346,262 |
345,064 |
318,539 |
181,135 |
287,981 |
59.0% |
|
% on revenue from contracts with customers |
14.1% |
13.1% |
12.3% |
8.2% |
10.4% |
|
|
Result before taxes |
335,537 |
325,357 |
307,691 |
156,044 |
286,791 |
83.8% |
|
% on revenue from contracts with customers |
13.6% |
12.3% |
11.9% |
7.1% |
10.3% |
|
|
Net result for the year |
263,428 |
238,349 |
231,301 |
136,533 |
215,537 |
57.9% |
|
% on revenue from contracts with customers |
10.7% |
9.0% |
8.9% |
6.2% |
7.8% |
|
Financial results
| Table Header | Table Header | Table Header | Table Header | Table Header | Table Header | Table Header |
|---|---|---|---|---|---|---|
|
(euro thousand) |
31.12.2017 |
31.12.2018 |
31.12.2019 |
31.12.2020 |
31.12.2021 |
% 2021/2020 |
|
Net invested capital (1) |
1,310,818 |
1,392,874 |
1,758,638 |
2,208,639 |
2,231,294 |
18.0% |
|
Equity |
479,963 |
1,228,822 |
515,169 |
1,481,041 |
502,696 |
21.3% |
|
Net financial debt (1) |
218,597 |
345,064 |
346,189 |
181,135 |
411,837 |
7.1% |
Personnel and investments
| Table Header | Table Header | Table Header | Table Header | Table Header | Table Header | Table Header |
|---|---|---|---|---|---|---|
|
(euro thousand) |
31.12.2017 |
31.12.2018 |
31.12.2019 |
31.12.2020 |
31.12.2021 |
% 2021/2020 |
|
Personnel at end of year (No.) |
9,837 |
10,634 |
10,868 |
11,039 |
12,225 |
10.7% |
|
Turnover per employee |
250.4 |
248.3 |
238.5 |
200.1 |
227.2 |
13.6% |
|
Net investments |
356,241 |
285,575 |
247,336 |
187,815 |
236,175 |
25.7% |
Main ratios
| Table Header | Table Header | Table Header | Table Header | Table Header | Table Header | Table Header |
|---|---|---|---|---|---|---|
|
|
31.12.2017 |
31.12.2018 |
31.12.2019 |
31.12.2020 |
31.12.2021 |
|
|
Net operating income/Revenue from contracts |
14.1% |
13.1% |
12.3% |
8.2% |
10.4% |
|
|
Income before taxes/Revenue from contracts |
13.6% |
12.3% |
11.9% |
7.1% |
10.3% |
|
|
Net investments/Revenue from contracts with |
14.5% |
10.8% |
9.5% |
8.5% |
8.5% |
|
|
Net financial debt/Equity |
20.5% |
11.1% |
24.9% |
26.0% |
22.9% |
|
|
Adjusted net interest expense(*)/Revenue from |
0.4% |
0.5% |
0.6% |
0.8% |
0.3% |
|
|
Adjusted net interest expense (*)/Net operating |
2.7% |
4.0% |
4.5% |
9.4% |
3.4% |
|
|
ROI |
26.4% |
24.8% |
18.1% |
9.6% |
12.9% |
|
|
ROE |
25.2% |
19.7% |
17.3% |
9.3% |
12.0% |
|
Note:
ROI: Margine operativo netto rolling 12 mesi/Capitale netto investito.
ROE: Risultato prima degli interessi di terzi rolling 12 mesi (depurato del Risultato derivante da attività operative cessate)/Patrimonio netto.
(*) La voce è stata depurata dal valore delle differenze cambio.
(1) Si ricorda che a partire dal 1° gennaio 2019 il Gruppo ha adottato il nuovo principio IFRS 16.
Notes:
ROI: Net operating income (rolling 12 months)/Net invested capital
ROE: Net income (loss) before minority interests (rolling 12 months) (net of Result from discontinued operations)/Equity.
(*) This item does not include exchange gains and losses.
(1) It bears recalling that the Group adopted the new IFRS 16 effective 1 January 2019