5-Year Key Figures

Please find below an overview of recent key financials. For more detailed information please see the most recent Annual Report.

Year Ended December 31
(in millions of euros, unless otherwise stated)
2019 2018* 20171 20162 2015
Business Performance – Benchmark Figures
Revenues 4,612 4,259 4,368 4,286 4,208
Organic growth +4% +4% +3% +3% +3%
Adjusted operating profit 1,089 986 970 950 902
Adjusted operating profit margin 23.6% 23.1% 22.2% 22.2% 21.4%
Adjusted net profit (attributable) 790 682 639 618 583
Diluted adjusted EPS €2.90 €2.45 €2.22 €2.10 €1.96
Adjusted free cash flow 807 762 746 708 647
Benchmark tax rate 23.6% 25.1% 25.9% 26.8% 25.5%
Net debt 2,199 2,249 2,069 1,927 1,788
Net-debt-to-EBITDA (ratio) 1.6x 1.8x 1.8x 1.7x 1.7x
Return on invested capital 11.8% 10.6% 10.0% 9.8% 9.3%
IFRS Results 3
Revenue 4,612 4,259 4,368 4,286 4,208
Operating profit 908 967 830 766 667
Profit for the year (attributable) 669 656 636 489 423
Diluted EPS €2.46 €2.35 €2.21 €1.66 €1.42
Net cash from operating activities 1,102 1,001 940 927 843

Benchmark and IFRS figures are for continuing operations unless otherwise noted. Benchmark (adjusted) figures are performance measures used by management. See our Annual Reports for a reconciliation from IFRS to benchmark figures.
* 2018 restated for IFRS 16.
1 2017 restated for IFRS 15.
2 2016 restated to treat customer credits for ‘bank product’ services as a deduction to revenues and not as a cost of sales.
3 International Financial Reporting Standard as adopted by the European Union.