06412_2020
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Key financial data

Quarterly Statement Q3 2020

Economic data

  Q3 January – September
    2020 2019 +/– 2020 2019 +/-
Salesa Million € 13,811 14,556 (5%) 43,244 44,630 (3%)
Income from operations before depreciation, amortization and special itemsa, c Million € 1,542 1,980 (22%) 5,350 6,507 (18%)
Income from operations before depreciation and amortization (EBITDA)a, c Million € 1,044 2,259 (54%) 4,542 6,575 (31%)
EBITDA margin % 7.6 15.5 10.5 14.7  −
Depreciation and amortizationd Million € 3,682 923 299% 5,665 2,953 92%
Income from operations (EBIT)a, c Million € (2,638) 1,336 . (1,123) 3,622 .
Special items Million € (3,219) 280 . (3,570) (179) .
EBIT before special itemsa,c Million € 581 1,056 (45%) 2,447 3,801 (36%)
Income before income taxesa Million € (2,786) 1,177 . (2,509) 3,026  .
Income after taxes from continuing operations Million € (2,177) 917 . (2,184) 2,323  .
Income after taxes from discontinued operationsb Million € 13 18 (28%) 49 5,981 (99%)
Net incomeb Million € (2,122) 911 . (2,115) 8,271 .
Earnings per sharea, b (2.31) 1.00 . (2.30) 9.01 .
Adjusted earnings per sharea, b 0.60 0.89  (33%) 2.11 3.36 (37%)
               
Research and development expenses Million € 518 532 (3%) 1,492 1,553 (4%)
Personnel expenses Million € 2,590 2,584 0% 8,095 8,352 (3%)
Number of employees (September 30) Million € 117,922 118,648 (1%) 117,922 118,648 (1%)
               
Assets (September 30) Million € 86,973 89,229 (3%) 86,973 89,229 (3%)
Investments including acquisitionse Million € 811 1,018 (20%) 3,601 2,793 29%
               
Equity ratio (September 30) % 39.8 45.8 39.8 45.8  −
Net debt  (September 30) Million € 15,702 17,804 (12%) 15,702 17,804 (12%)
Cash flows from operating activities Million € 2,100 1,998 5% 3,312 4,317 (23%)
Free cash flow Million € 1,364 1,072 27% 1,281 1,669 (23%)

a The statement of income for 2019 was adjusted retroactively on presentation of the construction chemicals activities as a discontinued operation from December 21, 2019, onward. More information.

In the second half of 2019, the gain on the disposal of the oil and gas business was adjusted retroactively as of May 1, 2019.

c The 2019 figures have been restated to reflect the reclassification of income from non-integral companies accounted for using the equity method to net income from shareholdings. More information.

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

e Additions to property, plant and equipment and intangible assets

Last Update October 28, 2020