Side 4
4 FIVE-YEAR FINANCIAL HIGHLIGHTS ”The acquisition of PGG Wrightson Seeds combined with organic growth resulted in a 40.5% increase in Group revenue from the financial year 2018/19 to 2019/20. Earnings also rose by 50.7% measured in terms of EBITDA and 48.6% in terms of EBIT in the mentioned period” 7,437 NET REVENUE 2,499 CONTRIBUTION MARGIN 407 OPERATING PROFIT (EBIT) m.DKK 8000 7000 7437 6000 Nettoomsætning5294 5000 4325 4000 3565 3527 3000 2000 1000 0 2015/16 2016/17 2017/18 2018/19 2019/20 m.DKK 2500 2499 2000 1922 Nettoomsætning 1561 1500 1143 1183 1000 500 0 2015/16 2016/17 2017/18 2018/19 2019/20 m.DKK 407 400 300 Nettoomsætning274 235 213 200 192 100 0 2015/16 2016/17 2017/18 2018/19 2019/20
Side 5
FIVE-YEAR FINANCIAL HIGHLIGHTS 5 2019/20 2018/19 2017/18 2016/17 2015/16 OPERATING FIGURES IN DKK MILLION Net revenue Contribution margin Earnings before net financials, depreciation, amortisation and write-downs for impairment (EBITDA) Operating profit (EBIT) Net financials Profit before tax Profit after tax 7,437.4 2,499.3 582.9 406.6 -85.7 320.9 226.9 5,294.4 1,921.9 386.7 273.7 -47.0 226.7 161.5 4,324.9 1,561.4 353.9 234.5 -20.7 213.8 174.5 3,526.8 1,183.3 285.9 213.2 -18.5 194.7 147.8 3,565.1 1,143.4 261.2 191.6 -23.2 168.4 125.4 ASSETS IN DKK MILLION Non-current assets Current assets Total assets 2,002.3 3,334.0 5,336.3 2,114.5 3,739.2 5,853.7 885.3 1,828.5 2,713.8 697.2 1,459.1 2,156.3 717.9 1,471.2 2,189.1 EQUITY AND LIABILITIES IN DKK MILLION Equity Provisions Long-term debt Short-term debt Total equity and liabilities 2,284.8 105.9 1,252.4 1,693.2 5,336.3 2,125.1 132.5 1,924.5 1,671.6 5,853.7 1,321.5 53.5 399.2 939.7 2,713.8 1,164.9 44.2 592.6 354.5 2,156.3 1,094.2 42.4 588.9 463.6 2,189.1 OTHER DATA Number of employees (full-time equivalents) 1,983 1,467 1,199 844 824 Investment in non-current assets 72.8 123.7 75.2 55.2 67.1 Depreciation, amortisation and write-downs 177.0 107.9 115.3 70.5 68.2 for impairment FINANCIAL RATIOS IN % Return on invested capital Working capital in percent of revenue Solvency ratio Return on equity 7.6 4.7 8.6 9.9 8.8 24.9 29.0 30.0 27.0 30.0 42.8 36.3 48.7 54.0 50.0 15.0 11.7 14.0 13.1 12.1 15.0 RETURN ON EQUITY pct. 20,0 18,0 16,0 15.0 14,0 Net1t3o.1oms1æ4.t0ning 12.1 12,0 11.7 10,0 8,0 6,0 4,0 2,0 0 2015/16 2016/17 2017/18 2018/19 2018/19 24.9 WORKING CAPITAL/ PER CENT OF REVENUE pct. 40 30.0 30.0 29.0 Net2t7o.0omsætning 24.9 20 0 2015/16 2016/17 2017/18 2018/19 2018/19 TOhmes2æ0t1n8in/g1f9orr2e0v1e8n/u19eeisr nnoormrmalaisleisreetd 1,983 EMPLOYEES 2000 1983 1800 1600 1467 1400 1200 1199 1000 824 844 800 600 400 200 0 2015/16 2016/17 2017/18 2018/19 2019/20
