2021 Annual and Sustainable Performance Report

Indicators, Performance

INDICATORS - Performance

Financial and non‑financial performance

Arkema strives to drive forward both its financial results and its environmental and societal performance. The Group has set itself ambitious targets in both of these areas.

Exceptional financial results in 2021

Arkema’s geographical and technological positioning, as well as the diversity of its markets, have enabled the Group to achieve record financial performance in 2021, despite the context of the health crisis and a complex environment.

REVENUE (in € millions)
2019 : 8,738, 2020 : 7,884, 2021 : 9,519, target. 2024 : between €10 and €11 billion

Revenue increased by 25.9% in 2021 compared with 2020 on a constant scope and exchange rate basis.

2024 TARGET: revenue of between €10 billion and €11 billion.

EBITDA (in € millions) AND EBITDA MARGIN (as a %)
2019 : 1,457, 16.7%, 2020 : 1,182, 15%, 2021 : 1,727, 18.1%, target. 2024 : 17%

EBITDA, at more than €1.7 billion, and the EBITDA margin of 18.1%, reached the highest levels in our history.

2024 TARGET: an EBITDA margin of 17%.

NET INCOME (in € millions) AND NET EARNINGS PER SHARE (in €)
2019 : 625, €8.20, 2020 : 391, €5.11, 2021 : 896, €11.88

Net income amounts to €896 million, or €11.88 per share.

NET DEBT INCLUDING HYBRID BONDS (in € millions)
2019 : 2,331, 2020 : 1,910, 2021 : 1,177

Net debt is falling sharply and stands at €1.177 billion, including hybrid bonds
(€700 million), i.e. 0.7 times the year’s EBITDA.

RISING DIVIDENDS SINCE 2008 (in €/share)
2008 : 0.6, 2009 : 0.6, 2010 : 1.0, 2011 : 1.3, 2012 : 1.8, 2013 : 1.85, 2014 : 1.85, 2015 : 1.9, 2016 : 2.05, 2017 : 2.3, 2018 : 2.5, 2019 : 2.2, 2020 : 2.5, 2021 : 3.0 (Dividend proposed at the Shareholders Annual General Meeting on May 19, 2022)

The dividend is a key component of the Group’s shareholder return policy. At the Capital Markets Day on April 2, 2020, the Group reiterated its ambition to gradually increase the dividend, with a target distribution rate of 40% of its profits by 2024.