Arkema posted a record performance in 2018, with revenue up 5.9% and EBITDA up 6% from 2017’s already excellent performance.
€8,816 M
Revenue (up 5.9% from 2017)
€1,474 M
EBITDA (up 6% from 2017)
16.7%
EBITDA margin (stable versus 2017)
€725 M
Adjusted net income (up 22.5% from 2017)
€707 M
Net income - Groupe share (up 22.7% from 2017)
Income Statement (in € millions)
| Income Statement (in € millions) | 2018 | 2017 | % change |
|---|---|---|---|
| Revenue | Revenue 2018 Revenue 2018 8,816 |
Revenue 2017 Revenue 2017 8,326 |
Revenue % change Revenue % change +5.9% |
| EBITDA | EBITDA 2018 EBITDA 2018 1,474 |
EBITDA 2017 EBITDA 2017 1,391 |
EBITDA % change EBITDA % change +6% |
| EBITDA margin (in %) | EBITDA margin (in %) 2018 EBITDA margin (in %) 2018 16.7% |
EBITDA margin (in %) 2017 EBITDA margin (in %) 2017 16.7% |
EBITDA margin (in %) % change EBITDA margin (in %) % change - |
| Recurring operating income (REBIT) | Recurring operating income (REBIT) 2018 Recurring operating income (REBIT) 2018 1,026 |
Recurring operating income (REBIT) 2017 Recurring operating income (REBIT) 2017 942 |
Recurring operating income (REBIT) % change Recurring operating income (REBIT) % change +8.9% |
| REBIT margin (in %) | REBIT margin (in %) 2018 REBIT margin (in %) 2018 11.6% |
REBIT margin (in %) 2017 REBIT margin (in %) 2017 11.3% |
REBIT margin (in %) % change REBIT margin (in %) % change - |
| Operating income | Operating income 2018 Operating income 2018 928 |
Operating income 2017 Operating income 2017 845 |
Operating income % change Operating income % change +9.8% |
| Adjusted net income | Adjusted net income 2018 Adjusted net income 2018 725 |
Adjusted net income 2017 Adjusted net income 2017 592 |
Adjusted net income % change Adjusted net income % change +22.5% |
| Net income - Group share | Net income - Group share 2018 Net income - Group share 2018 707 |
Net income - Group share 2017 Net income - Group share 2017 576 |
Net income - Group share % change Net income - Group share % change +22.7% |
| Adjusted net income per share (in €) | Adjusted net income per share (in €) 2018 Adjusted net income per share (in €) 2018 9.51 |
Adjusted net income per share (in €) 2017 Adjusted net income per share (in €) 2017 7.82 |
Adjusted net income per share (in €) % change Adjusted net income per share (in €) % change +21.6% |
Balance Sheet (in € millions)
| Balance Sheet (in € millions) | 2018 | 2017 |
|
|---|---|---|---|
| Shareholders’ equity | Shareholders’ equity 2018 Shareholders’ equity 2018 5,028 |
Shareholders’ equity 2017 Shareholders’ equity 2017 4,474 |
Shareholders’ equity Shareholders’ equity - |
| Net debt | Net debt 2018 Net debt 2018 1,006 |
Net debt 2017 Net debt 2017 1,056 |
Net debt Net debt - |
| Net debt to equity (in %) | Net debt to equity (in %) 2018 Net debt to equity (in %) 2018 20% |
Net debt to equity (in %) 2017 Net debt to equity (in %) 2017 24% |
Net debt to equity (in %) Net debt to equity (in %) - |
| Capital employed | Capital employed 2018 Capital employed 2018 6,996 |
Capital employed 2017 Capital employed 2017 6,554 |
Capital employed Capital employed - |
| Cash Flow (in € millions) | Cash Flow (in € millions) 2018 Cash Flow (in € millions) 2018 2018 |
Cash Flow (in € millions) 2017 Cash Flow (in € millions) 2017 2017 |
|
Cash flow from operating activities
| Cash flow from operating activities | 1,029 | 1,008 | - |
|---|---|---|---|
| Free cash flow | Free cash flow 1,029 Free cash flow 1,029 499 |
Free cash flow 1,008 Free cash flow 1,008 565 |
Free cash flow - Free cash flow - - |
| Recurring and non-recurring capital expenditure | Recurring and non-recurring capital expenditure 1,029 Recurring and non-recurring capital expenditure 1,029 561 |
Recurring and non-recurring capital expenditure 1,008 Recurring and non-recurring capital expenditure 1,008 430 |
Recurring and non-recurring capital expenditure - Recurring and non-recurring capital expenditure - - |
Alternative performance indicators used by Arkema are detailed in Note C.1 of the notes appended to the December 31, 2018 consolidated financial statements, in Section 5.3.3 of the 2018 Reference Document.
€499 M
Free cash flow(€565 M in 2017)
€1 billion
Net debt (€1,056 M in 2017) Net debt-to-equity ratio of 20 %
