OPERATING MARGIN(1)
millions of euros
2019: 1,699 (Excluding transaction costs for the Epsilon acquisition.)
2020: 1,558
2021: 1,840
In % Net Revenue
2019: 17.3% (Excluding transaction costs for the Epsilon acquisition.)
2020: 16.0%
2021: 17.5%
NET INCOME
HEADLINE GROUPE(1)
millions of euros
2019: 1,188
2020: 1,034
2021: 1,264
FREE CASH FLOW
BEFORE CHANGE IN WORKING CAPITAL REQUIREMENTS(1)
millions of euros
2019: 1,253
2020: 1,190
2021: 1,427
HEADLINE DILUTED EARNINGS PER SHARE(1)
In euros
2021: 5.02
2020: 4.27
2019: 5.02
DIVIDEND PER SHARE (In euros)
- 2019 : 1.15 (Following the recommendation of the Management Board, the Supervisory Board decided to reduce the dividend proposal to be paid in respect of financial year 2019 from €2.30 to €1.15 per share, as an exceptional measure in the context of the Covid-19 pandemic.)
- 2020 : 2.00
- 2021 : 2.40 (Submitted to the shareholders’ vote during the General Shareholders’ Meeting of May 25, 2022.)
PAYOUT RATIO (In %)
- 2019 : 22.9% (Following the recommendation of the Management Board, the Supervisory Board decided to reduce the dividend proposal to be paid in respect of financial year 2019 from €2.30 to €1.15 per share, as an exceptional measure in the context of the Covid-19 pandemic.)
- 2020 : 46.8%
- 2021 : 47.8% (Submitted to the shareholders’ vote during the General Shareholders’ Meeting of May 25, 2022.)
- (1) See definitions in the Glossary at the end of the introduction section.
- (2) Excluding transaction costs for the Epsilon acquisition.
- (3) Following the recommendation of the Management Board, the Supervisory Board decided to reduce the dividend proposal to be paid in respect of financial year 2019 from €2.30 to €1.15 per share, as an exceptional measure in the context of the Covid-19 pandemic.
- (4) Submitted to the shareholders’ vote during the General Shareholders’ Meeting of May 25, 2022.