| Income Statement | ||||||
| Consolidated, audited key figures | ||||||
| Dec 31, 2020 | Dec 31, 2019 | Change | ||||
| (million euro) | 12M | 12M | ||||
| Revenue | 245.2 | 332.2 | -26.2% | |||
| Operating result (EBIT) | 12.8 | 23.0 | -44.4% | |||
| Cash flow from operations (EBITDA) 1 | 19.8 | 31.2 | -36.6% | |||
| Financial result | -2.9 | -2.5 | 14.9% | |||
| Profit before taxes | 11.2 | 20.3 | -44.9% | |||
| Income tax expense | -4.0 | -5.1 | -22.1% | |||
| Profit from the period from the continuing operations | 7.2 | 15.2 | -52.6% | |||
| Result from assets held for sale | -0.1 | -0.1 | -54.2% | |||
| Share in result of associates and joint ventures accounted for using the equity method | 1.3 | -0.2 | -645.3% | |||
| Result attributable to Non Controlling Interest | -0.5 | -0.7 | -29.1% | |||
| Consolidated result attributable to equity holders (Group share in the profit) | 7.6 | 15.7 | -51.6% | |||
| Net cash flow 2 | 14.6 | 23.9 | -39.0% | |||
| Balance sheet | ||||||
| Consolidated, audited key figures | ||||||
| Dec 31, 2020 | Dec 31, 2019 | Change | ||||
| (million euro) | 12M | 12M | ||||
| Equity | 136.0 | 132.4 | 2.8% | |||
| Net financial debt (+)/Net cash (-) 3 | -28.3 | 4.4 | -749.7% | |||
| Assets held for sale | 0.4 | 0.4 | -8.5% | |||
| Total assets | 278.4 | 276.7 | 0.6% | |||
| Consolidated, audited key figures per share | ||||||
| Dec 31, 2020 | Dec 31, 2019 | Change | ||||
| (euro) | 12M | 12M | ||||
| Cash flow from operations (EBITDA) 1 | 2.5 | 4.0 | -36.6% | |||
| Profit before taxes | 1.4 | 2.6 | -45.0% | |||
| Consolidated result attributable to equity holders (EPS) | 1.0 | 2.0 | -51.7% | |||
| Net cash flow 2 | 1.9 | 3.1 | -38.9% | |||
| Equity | 17.4 | 16.9 | 2.8% | |||
| Number of shares (end of period) | 7'818'999.0 | 7'818'999.0 | ||||
| Number of shares (average) | 7'818'999.0 | 7'818'999.0 | ||||
1 EBITDA (Earnings before Interest, Taxes, Depreciation and amortization) = Operating profit (EBIT) + Depreciation, amortization, write downs on trade receivables, write downs on inventory, changes in provisions
The JENSEN-GROUP adjusted the definition of EBITDA in order to further improve transparency: in last years, the movement in the related balance sheet accounts was used for the changes in provision. As from 2019 onwards the JENSEN-GROUP uses the amount in P&L. The 2018 ratio is restated accordingly. In 2018, the EBITDA disclosed amounted to 33,525 thousand euro, restated the EBITDA for the same period amounts to 31,823 thousand of euro.
2 Net cash flow = Consolidated result attributable to the equity holders + Depreciation, amortization, write downs on trade receivables, write downs on inventory, changes in provisions
3 Net financial debt (+)/Net cash (-)= Borrowings (Non-current and current) – Cash and cash equivalent
