07/29/21
2021 Half-year results
● H1 21 net sales of €970m, up +27% vs. H1 20 and +30% like for like*
● Q2 21 order intake on equipment of €858m vs. €180m in Q2 20
● Order book on equipment at the end of H1 21 of €1788m vs. €555m in H1 20
● H1 recurring operating income at €85.0m (8.8%) vs. €30.1m (3.9%) in H1 20
● Net income at €64.2m vs. €13.5m in H1 20
● EBITDA** €110m (11.3%) vs. €48m (6.3%) in H1 20
● A €15m surplus cash position over the debt***
● Outlook for a growth of 2021 annual revenue of around +20% compared to 2020
● Outlook for an annual growth of recurring operating income rate of around 130 basis points compared to 2020
In a context of a strong rebound in activity, we closed the first half of the year with a level of performance that exceeded our objectives and a depth of order book that we had never experienced. This dynamism was recorded in all markets and geographies, characterised by an historical acceleration in order intake, high billings and an exceptional backlog at the end of June of €1.8 billion.
Michel Denis, President & CEO