News
[Replay] Press Video Conference Half-year Financial Results H1 2020/2021
Watch the video replay of the 2020/2021 1st Half-year (April-September) Financial Results Press Conference presented by Alexis Duval, CEO of Tereos.
Tereos announces strong growth for the first half of the year
(APRIL – SEPTEMBER 2020)
Check out some of the main highlights:
- Half-year EBITDA up 114% to €237 million;
- Net debt decrease of €253 million vs September 2019;
- Resilient revenues, at €2,050 million (+1% at constant exchange rates);
- EBITDA gains generated by the Ambitions 2022 performance plan: €25 million over the half-year, reaching €100 million since the beginning of the plan.
This performance demonstrates the flexibility of Tereos and its ability to adapt to the significant disruptions caused by the sanitary crisis.
The very positive momentum of Tereos results since 2019 in a European environment which is now deregulated and marked by the Covid-19 pandemic, is the fruit of the success of its anticipation strategy.
The results published demonstrate the quality of the work accomplished by its teams to transform Tereos in depth into an agile and more resilient Group.
WATCH ALEXIS DUVAL’S PRESENTATION (PRESS CONFERENCE)
