Full Year 2020 Results

Paris,

 

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

 

Download the PDF version

Full Year 2020 Results

Download 352Kb