• Press release
3 min time reading

A solid set of Full-Year 2021 results A strong finish to the year

  • Corporate news
  • Net sales of €24,281m in FY 2021, up +3.4% on a like-for-like (LFL) basis and +2.8% on a reported basis
  • Strong growth in Q4 at +6.7% on a like-for-like basis, and +10.9% on a reported basis
  • Return to profitable growth in H2, with FY2021 recurring operating margin at 13.74% despite an increasingly volatile supply and cost environment, thanks to productivity step-up, pricing actions and mix management
  • Recurring EPS at €3.31 in 2021, -1.1% vs last year; €2.5bn free-cash-flow
  • Proposed dividend: €1.94 payable in cash
  • Local First implementation on track; Europe transformation completed
  • Capital market event to take place on March 8, 2022