Emergence Apartments
Valenciennes, France
Insulated Panels
JI Ponant
The Financial Review provides an overview of the Group’s financial performance for the year ended 31 December 2021 and of the Group’s financial position at that date.
Group revenue increased by 42% to €6.5bn (2020: €4.6bn) and trading profit increased by 49% to €754.8m (2020: €508.2m) with an increase of 50 basis points in the Group’s trading profit margin to 11.6% (2020: 11.1%).
Basic EPS for the year was 306.2 cent (2020: 206.2 cent), representing an increase of 48%.
Financial summary
REVENUE
€6.5bn
+42%
2020: €4.6bn
EBITDA ¹
€893.2m
+42%
2020: €630.2m
TRADING PROFIT ²
€754.8m
+49%
2020: €508.2m
TRADING MARGIN3
11.6%
+50bps
2020: 11.1%
PROFIT AFTER TAX
€570.6m
+48%
2020: €384.8m
EPS
305.6c
+48%
2020: 206.2c
Sales | Underlying | Currency | Acquisition | Total |
|---|---|---|---|---|
Insulated Panels | +38% | -1% | +8% | +45% |
Insulation | +26% | +1% | +23% | +50% |
Light & Air | +1% | – | +23% | +24% |
Water & Energy | 14% | +4% | +11% | +29% |
Data & Flooring | +21% | – | – | +21% |
Group | +30% | – | +12% | +42% |
Trading profit | Underlying | Currency | Acquisition | Total |
|---|---|---|---|---|
Insulated Panels | +52% | – | +10% | +62% |
Insulation | +16% | +1% | +16% | +33% |
Light & Air | +3% | – | +12% | +15% |
Water & Energy | +4% | +3% | +16% | +23% |
Data & Flooring | +11% | -1% | – | +10% |
Group | +38% | – | +11% | +49% |
Worldwide, there is a growing momentum amongst policy makers, consumers and other stakeholders to design and occupy buildings which consume less energy and we are evidently positioned well to harness this over the long term.
Gene M. Murtagh
