Year-end Report January–December 2019
Fourth Quarter · Revenue increased by 26.8% to €229.7m (€181.2m). Organic revenue grew by 15.0%. · Operating profit (EBIT) increased by 26.6% to €10.8m (€8.6m), representing an operating margin of 4.7% (4.7%). · Net profit amounted to €6.6m (€3.5m), which represents a net profit margin of 2.9% (1.9%). · EBITDA increased by 37.5% to €33.4m (€24.3m), corresponding to an EBITDA margin of 14.5% (13.4%). · EBITDAaL increased by 40.5% to €22.3m (€15.9m), corresponding to an EBITDAaL margin of 9.7% (8.8%). · Net cash flow from operating activities was €25.0m (€16.6m). ·