FREE CASH FLOW
(in € million)
In 2019, Arkema generated a record free cash flow of €667 million while maintaining an ambitious level of investment in its future growth.
NET DEBT (in € million)
AND DEBT-TO-EQUITY RATIO (in %)
At end December 2019, net debt was firmly under control at €1,631 million. It represents a net debt-to-equity ratio of 31%, or 1.1 times 2019 EBITDA.
DIVIDENDS UP SINCE 2007
(in € per share)
1. Dividend recommended to the Annual Shareholders’ Meeting on May 19, 2020.
In the context of the social and economic crisis due to Covid-19, as well as support for and responsibility towards all stakeholders, the Board of Directors decided to reduce the dividend recommended on February 26, 2020 for financial year 2019 to €2.20 per share, which is 12% less than the previous year and almost 20% less than the amount originally proposed (€2.70).The Board also stated its intention to make up this difference to shareholders in a form to be decided, when normal circumstances and the right conditions resume.
2. CSR INDICATORS IMPROVING CONSTANTLY AND AMBITIOUS TARGETS FOR 2025 AND 2030
Arkema uses precise indicators and, in some cases, targets, to maintain constant progress through three commitments - to offer innovative solutions to sustainability issues, to act responsibly as a manufacturer and to encourage open dialogue with its internal and external stakeholders. It aims to rank among the best-in-class in the chemicals industry for safety and the environment.
1. SUSTAINABLE PRODUCTS
Share of revenue that has made a significant contribution to the UN’s Sustainable Development Goals1
1. Based on an evaluation of 44% of the Group’s sales to third parties
Number of filed patents relating to sustainability
