Full year 2022 review - Performance and Financial Position
i. The table below shows an analysis of the Group operational result per sector as well as other items.
(Amounts in mil €) | 1/1 — 31/12/2022 | 1/1 — 31/12/2021 | % Δ |
---|---|---|---|
Turnover | 6,306.5 | 2,664.1 | 137% |
Metallurgy | 817.4 | 667.6 | 22% |
Power & Gas | 4,434.0 | 1,260.9 | 252% |
SES | 425.0 | 370.7 | 15% |
RSD | 630.2 | 364.9 | 73% |
Other | 0.0 | 0.0 | 0% |
EBITDA | 823.3 | 358.5 | 130% |
Metallurgy | 270.2 | 159.3 | 70% |
Power & Gas | 372.6 | 147.0 | 153% |
SES | 90.7 | 33.5 | 171% |
RSD | 104.6 | 21.6 | 384% |
Other | (14.9) | (3.0) | 400% |
(-) Depreciation / Amortization | (89.3) | (80.0) | 12% |
(+ - ) Net Financials | (94.6) | (58.5) | 62% |
(+) Share of profit of associates | (4.0) | 1.1 | (458%) |
(-) Tax | (132.7) | (40.5) | 227% |
(-) Result from discontinuing operations | (2.8) | (0.5) | 451% |
(-) Minoritiy Interest | (34.1) | (17.9) | 90% |
Net Income attributable to parent Shareholders | 465.89 | 162.17 | 187% |
Margin (%) | 1/1 — 31/12/2022 | 1/1 — 31/12/2021 | |
EBITDA | 13.1% | 13.5% | |
Net Profit | 7.4% | 6.1% |
ii. The table below shows an analysis in cash flow and changes in net debt
(Amounts in mil €) | 1/1 — 31/12/2022 | |
---|---|---|
EBITDA | 823 | |
| 2021 Lead Items | (100) |
| Working Capital | 240 |
Funds from operations | 963 | |
| Tax | (43) |
| Interest | (32) |
Operating Cash Flow | 889 | |
| Maintenance Capex | (61) |
| Growth & Productivity Capex | (654) |
Free Cash Flow | 173 | |
| Other Financial / Investment Cash Flows | (86) |
Net Debt Change | 87 |