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Full Year 2020 Results
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Paris,
Feb 26, 2021
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Highly resilient performance amid a challenging context in 2020
The negative organic growth in consolidated revenue was limited to 4.8%. The Covid-19 pandemic and the October 2020 cyberattack had a negative impact on business activity estimated at around 10 points of growth
Adaptation measures helped limit the decline in operating margin on business activity to 1 point (7.0% vs 8.0% in 2019)
The net profit attributable to the Group came to €106.8m (€160.3m in 2019)
Free cash flow was highly resilient, at €203.5m (€229.3m in 2019); the cash conversion rate with respect to operating profit on business activity remained stable at 51%
Net financial debt decreased by 17.2% to €425.6m, equal to 29% of the Group’s equity
Confirmation of a continued rise in ESG scores: for the fourth year in a row, the Group was included on CDP’s A List
Proposed 2020 dividend of €2.0 per share
Medium-term growth driven by digital transformation
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Full Year 2020 Results
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