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Key financial data

Quarterly Statement Q3 2022

Sales and earnings

    Q3 January – September
    2022 2021 +/– 2022 2021 +/–
Sales million €

21,946

19,669

11.6%

68,003

58,822

15.6%

Income from operations before depreciation, amortization and special items million €

2,325

2,771

–16.1%

9,361

9,169

2.1%

Income from operations before depreciation and amortization (EBITDA) million €

2,255

2,729

–17.4%

9,359

9,104

2.8%

EBITDA margin %

10.3

13.9

13.8

15.5

Depreciation and amortizationa million €

960

907

5.9%

2,930

2,655

10.4%

Income from operations (EBIT) million €

1,294

1,822

–29.0%

6,429

6,449

–0.3%

Special items million €

–53

–43

–24.3%

–76

–92

17.5%

EBIT before special items million €

1,348

1,865

–27.7%

6,505

6,541

–0.6%

Income before income taxes million €

1,239

1,777

–30.3%

5,775

6,213

–7.1%

Income after taxes million €

952

1,381

–31.1%

4,452

4,985

–10.7%

Net income million €

909

1,253

–27.5%

4,220

4,625

–8.8%

Earnings per shareb

1.01

1.36

–25.7%

4.67

5.03

–7.2%

Adjusted earnings per shareb

1.77

1.56

13.5%

6.85

5.59

22.5%

   

 

 

 

 

 

 

Research and development expenses million €

545

523

4.2%

1,681

1,579

6.5%

Personnel expenses million €

2,742

2,654

3.3%

8,772

8,525

2.9%

Employees (September 30)  

111,768

110,672

1.0%

111,768

110,672

1.0%

   

 

 

 

 

 

 

Assets (September 30) million €

97,030

86,102

12.7%

97,030

86,102

12.7%

Investments including acquisitionsc million €

1,155

1,792

–35.5%

2,866

3,168

–9.5%

   

 

 

 

 

 

 

Equity ratio (September 30) %

50.6

47.2

50.6

47.2

Net debt (September 30) million €

18,942

16,680

  13.6%

18,942

16,680

  13.6%

Cash flows from operating activities million €

2,301

1,896

21.4%

3,239

3,908

–17.1%

Free cash flow million €

1,295

1,077

20.2%

738

1,866

–60.5%

a Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments)

b Due to the current share buyback program, the weighted average number of outstanding shares was 897,371,740 in the third quarter of 2022 and 904,411,442 in the period from January to September 2022.

c Additions to property, plant and equipment and intangible assets

Last Update October 26, 2022