Key figures
Millions of euros |
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
2017 |
---|---|---|---|---|---|---|---|
Sales |
9,514 | 11,550 | 9,519 | 7,884 | 8,738 | 8,816 | 8,326 |
EBITDA |
1,501 | 2,110 | 1,717 | 1,182 | 1,457 | 1,474 | 1,391 |
EBITDA Margin |
15.8% | 18.3% | 18.1% | 15.0% | 16.7% | 16.7% | 16.7% |
Depreciation and amortization |
562 | 550 | 543 | 563 | 531 | 448 | 449 |
Recurring operating income |
939 | 1,560 | 1,184 | 619 | 926 | 1,026 | 942 |
Operating income |
681 | 1,287 | 1,733 | 600 | 806 | 928 | 845 |
Adjusted net income |
653 | 1,167 | 896 | 391 | 625 | 725 | 592 |
Net income - Group share |
418 | 965 | 1,309 | 332 | 543 | 707 | 576 |
Dividend per share (in euros) (1) |
3.50 | 3.40 | 3.00 | 2.50 | 2.20 | 2.50 | 2.30 |
Net income per share (in euros) |
8.75 | 15.75 | 11.88 | 5.11 | 8.20 | 9.51 | 7.82 |
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Net debt (2) |
2,930 | 2,366 | 1,177 | 1,910 | 2,331 | 1,006 | 1,056 |
Cash flow from operating activities |
1,272 | 1,496 | 915 | 1,115 | 1,300 | 1,029 | 1,008 |
Free cash flow (3) |
625 | 784 | 479 | 651 | 667 | 499 | 565 |
Recurring cash flow (4) |
761 | 933 | 756 | 762 | - | - | - |
Capital expenditure |
634 | 707 | 758 | 600 | 607 | 561 | 430 |
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Employees |
21,125 | 21,116 | 20,209 | 20,576 | 20,507 | 20,010 | 19,800 |
(1) Dividend proposed to the annual general meeting of May 15 2024
(2) Including hybrid bonds
(3) Free cash flow from operating and investing activities, excluding the impact of acquisitions and divestments
(4) Recurring cash flow corresponds to the Free cash flow excluding exceptional items (non-recurring cash flow and exceptional capital expenditure)
Millions of euros |
2016 |
2015 |
2014 |
2013 |
2012 (1) |
2011 (1) |
2010 (1) |
---|---|---|---|---|---|---|---|
Sales |
7,535 | 7,683 | 5,952 | 6,098 | 6,395 | 5,900 | 4,869 |
EBITDA |
1,189 | 1,057 | 784 | 902 | 996 | 1,034 | 809 |
EBITDA Margin |
15.8% | 13.8% | 13.2% | 14.8% | 15.6% | 17.5% | 16.6% |
Depreciation and amortization |
455 | 453 | 337 | 314 | 318 | 272 | 247 |
Recurring operating income |
734 | 604 | 447 | 588 | 678 | 762 | 562 |
Operating income |
717 | 488 | 364 | 383 | 651 | 717 | 553 |
Adjusted net income |
429 | 588 | 171 | 172 | 421 | 572 | 428 |
Net income - Group share |
427 | 285 | 167 | 168 | 220 | (19) | 347 |
Dividend per share (in euros) |
2.05 | 1.90 | 1.85 | 1.85 | 1.80 | 1.30 | 1.00 |
Net income per share (2) (in euros) |
5.24 | 3.87 | 2.53 | 2.59 | 3.42 | (0.30) | 5.49 |
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Net debt |
1,482 | 1,379 | 154 | 923 | 900 | 603 | 94 |
Cash flow from operating activities |
821 | 858 | 507 | 467 | 499 | 543 | 511 |
Free cash flow (3) |
426 | 442 | 21 | 129 | 206 | 377 | 320 |
Recurring cash flow |
- | - | - | - | - | - | - |
Capital expenditure |
423 | 431 | 470 | 481 | 438 | 365 | 315 |
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Employees |
19,637 | 18,912 | 14,280 | 13,908 | 13,925 | 15,776 | 13,903 |
(1) The figures in this table exclude the contribution in the income statement for 2012, 2011 and 2010 and in the 2012 and 2011 balance sheet of the vinyl activities subject to a divestment project ongoing at the close of the 2011 financial year.
(2) Following the capital increase of 15 December 2014, elements for the calculation of net income per share and have been adjusted by the dilution factor resulting from the issuance of preferential subscription rights.
(3) Free cash flow from operating and investing activities, excluding the impact of acquisitions and divestments. For 2012, 2011 and 2010, free cash flow of continuing operations.
Figures by segment
The activities of Arkema group are organized into four segments:
- Adhesive Solutions
- Advanced Materials
- Coating Solutions
- Intermediates
- Adhesives
In m€ | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Sales | 2,714 | 2,898 | 2,278 | 1,996 | 2,055 |
EBITDA | 380 | 366 | 316 | 261 | 264 |
EBITDA margin | 14,0% | 12,6% | 13.9% | 13.1% | 12.9 % |
Recurring operating incom | 293 | 288 | 250 | 198 | 205 |
- Advanced materials
In m€ | 2023 | 2022 | 2021* | 2020 | 2019 |
---|---|---|---|---|---|
Sales | 3,562 | 4,341 | 3,307 | 2,527 | 2,693 |
EBITDA | 666 | 941 | 671 | 496 | 584 |
EBITDA margin | 18,7% | 21,7% | 20.3% | 19.6% | 21.7 % |
Recurring operating income | 366 | 663 | 388 | 245 | 353 |
- Coatings Solutions
In m€ | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Sales | 2,402 | 3,250 | 2,746 | 1,911 | 2,148 |
EBITDA | 327 | 593 | 525 | 261 | 310 |
EBITDA margin | 13,6% | 18,2% | 19.1% | 13.7 % | 14.4% |
Recurring operating income | 201 | 466 | 407 | 142 | 197 |
- Intermediates
In m€ | 2023 | 2022 | 2021* | 2020 | 2019 |
---|---|---|---|---|---|
Sales | 797 | 1,020 | 1,158 | 1,425 | 1,816 |
EBITDA | 213 | 306 | 307 | 231 | 381 |
EBITDA margin | 26,7% | 30% | 26.5% | 16.2 % | 21.0 % |
Recurring operating income | 170 | 245 | 239 | 109 | 261 |
* As of 1st January 2022, the upstream of PVDF has been reclassified to the Advanced Materials segment (from the Intermediates segment). Data for 2021 has been restated accordingly.
The activities of Arkema group were organized into three segments: High Performance Materials, Industrial Specialties and Coating Solutions.
Figures are given for information purpose only. New segments are defined since 2 April 2020.
- High Performance Materials: high added value and innovative solutions
In €m | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|
Sales | 4,065 | 3,970 | 3,830 | 3,422 | 3,358 |
EBITDA | 654 | 640 | 632 | 570 | 506 |
EBITDA margin | 16.1% | 16.1% | 16.5% | 16.7% | 15.1% |
Recurring operating income | 468 | 481 | 474 | 416 | 354 |
- Industrial Specialties: global and integrated industrial niches
In €m | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|
Sales | 2,514 | 2,699 | 2,545 | 2,316 | 2,450 |
EBITDA | 621 | 675 | 585 | 473 | 418 |
EBITDA margin | 24.7% | 25.0% | 23.0% | 20.4% | 17.1% |
Recurring operating income | 406 | 497 | 411 | 300 | 237 |
- Coating Solutions: solutions for decorative paints, industrial coatings and high-growth acrylic applications
In €m | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|
Sales | 2,133 | 2,120 | 1,924 | 1,771 | 1,849 |
EBITDA | 264 | 243 | 244 | 208 | 190 |
EBITDA margin | 12.4% | 11.5% | 12.7% | 11.7% | 10.3% |
Recurring operating income | 142 | 140 | 135 | 83 | 72 |