Income Statement

(all amounts in € thousands) 2022 2021 2020* 2019
Sales 2,282,207 1,714,623 1,607,033 1,609,778
Cost of sales -1,889,522 -1,403,728 -1,297,763 -1,315,866
Gross profit  392,685  310,895 309,270 293,912
Other operating income 8,058 10,728 7,552 9,682
Administrative expenses -188,319 -153,951 -143,046 -145,188
Selling and marketing expenses -28,654 -26,391 -24,278 -25,289
Net impairement losses on financial assets -3,974 -1,722 -1,985 -1,667
Other operating expenses -2,166 -0,831 -1,485 -4,282
Operating Profit before impairement losses on goodwill  177,630 138,728 146,028 127,168
Impairement lossess on goodwill -21,799  - -46,614  
Operating Profit   155,831  138,728  99,414  127,168
Other income/(loss) -34,402 -  0,100  0,014
Gain on net monetary position in hyperiflationary economies 26,307 - - -
Net finance costs -20,511 -33,583  -52,561  -63,590
(Loss)/gain from foreign exchange differences -12,416 -0,073  -13,216  -0,592
Share of gain/(loss) of associates and joint ventures 1,876 3,291  3,200  1,366
Profit before taxes 137,196 108,366  36,937  64,366
Income tax expense -26,715 -16,811  -35,777  -11,211
Profit after taxes 110,481  91,555  1,160  53,155
         
Attributable to:        
Equity holders of the parent  109,655 91,923  1,126  50,905
Non-controlling interests -826 -368  34  2,250
Basic earnings per share (in €) 1,5286 1,2290  0,0146  0,6452
Diluted earnings per share (in €) 1,5275 1,2242  0,0145  0,6385

 

* Restated due to application of IFRIC Agenda Decision IAS 19