- Balanced portfolio, strong innovations, financial strength, and dedicated team as key enablers for robust business performance in a global crisis
- 2020 results at upper end of full-year guidance:
- Group sales reach 19.3 billion euros, organic: -0.7 percent
- EBIT margin* at 13.4 percent, -260 basis points, corresponding to an operating profit* of 2.6 billion euros
- Earnings per preferred share (EPS)*: 4.26 euros,-17.9 percent at constant exchange rates
- Very strong free cash flow of 2.3 billion euros, net financial position significantly improved
- Proposed dividend on prior-year level: 1.85 euros per preferred share
- Implementation of agenda for purposeful growth on track, clear roadmap for further execution in 2021 and beyond
- Outlook for 2021:
- Organic sales growth: 2.0 to 5.0 percent
- EBIT margin*: 13.5 to 14.5 percent
- Earnings per preferred share (EPS)*: an increase between 5.0 to 15.0 percent at constant exchange rates
