Financial highlights

This page offers a comparison of the key financial annual data (yoy and from FY2013): the quarterly tab shows the interim figures of the last three years.

P&L, Balance Sheet and Cash Flow Statement figures, stated in the current standard, the most representative for the Group businesses, are available on an annual and on a quarterly basis from FY 2013.

The subsequent pages in this section also show figures relating to breakdown by business area (annual: yoy and from FY2013; cumulative: from FY2013) and the net financial position.

In the downloadable Excel file, key financial data, P&L, Balance Sheet, Cash Flow Statement and breakdown by business area from FY2013, both annual and cumulative, are included.

Yearly
Quarterly

(€/m)	2019^[1]	2018^[1]	Var. (€/m)	Var. %
Income statements
Revenue	884.9	891.4	(6.5)	(0.7%)
EBITDA	87.0	77.5	9.5	12%
EBIT	61.1	56.3	4.8	8.5%
Result from continuing operations	33.1	20.3	12.8	63%
Balance sheet
Net commercial working capital (including other assets/liabilities)	49.6	51.3	(1.7)	(3.3%)
Net capital employed	321.3	317.9	3.4	1%
Net debt (before IFRS16)	(55.4)	(147.2)	91.8	(62.4%)
Net assets	170.0	170.7	(0.7)	(0.4%)
Indexes
ROE	19.5%	11.9%
ROS	6.9%	6.3%

^[1] Data presented in accordance with IFRS5, with Mondadori France discontinuing

(€/m)	2019^[1]	2018^[1]	2017^[1]	2016	2015	2014	2013
Income statements
Revenue	884.9	891.1	970,1^[2]	1,263.3	1,123.2	1,169.5	1,275.8
EBITDA	87.0	77.5	86.7	94.0	81.6	71.5	(12.8)
EBIT	61.1	56.3	60.4	60.0	54.5	48.2	(183.1)
Result from continuing operations^[3]	33.1	20.3	27.2	22.5	6.4	0.6	(185.4)
Balance sheet
Net commercial working capital (including other assets/liabilities)	49.6	54.1	53.3	12.5	(30.9)	9.4	56.2
Net capital employed	321.3	317.9	534.6	581.4	495.0	580.9	621.9
Net debt (before IFRS16)	(55.4)	(147.2)	(189.2)	(263.6)	(199.4)	(291.8)	(363.2)
Net assets	170.0	170.7	345.3	317.8	295.6	289.1	258.7

^[1] Data presented in accordance with IFRS5, with Mondadori France discontinuing
^[2] Data reclassified according to IFRS15
^[3] Only for 2019, 2018 and 2017, the figures for previous years refer to net profit

(€/m)	1H20	1Q20	2019^[1]	9M19^[1]	1H19^[2]	1Q19^[2]	2018^[2]	9M18^[1]^[2]	1H18^[2]	1Q18^[2]	2017^[2]	9M17^[2]	1H17	1Q17	2016	9M16
Income statements
Revenue	288.9	135.3	884.9	658.9	380.0	166.8	891.1	658.5	390.8	177.7	970.1^[3]	707.1	573.1	271.6	1,263.3	935.3
EBITDA	8.4	(4.2)	102.9	78.4	20.6	1.1^[1]	93.3	64.8	3.5	(6.2)	86.7	63.2	27.6	2.3	94.0	70.3
EBIT	(17.2)	(14.0)	62.3	50.2	2.1	(7.2)^[1]	57.7	38.6	(6.6)	(11.2)	610.4	47.8	11.5	(5.6)	60.0	48.0
Net result from continuing operations	(25.0)	(19.1)	32.0	25.4	(4.6)	(8.4)	20.3	15.8	(14.7)	(13.4)	27.2	25.5	–	–	–	–
Net profit	(25.0)	(19.1)	28.2	23.1	(1.9)	(3.5)	(177.1)	(181.5)	(12.5)	(13.6)	30.4	31.2	4.4	(9.2)	22.5	17.9
Balance sheet
Net commercial working capital (including other assets/liabilities)	102.8	67.3	49.6	105.2	190.9	73.5	54.1	103.3	95.9	67.7	53.3	112.3	45.7	23.9	12.5	74.9
Net capital employed	364.5	345.9	321.3	375.5	476.8	455.1	317.9	373.2	573.3	553.9	534.6	601.5	607.2	595.4	581.4	638.8
Net debt	219.5	(193.9)	(151.3)	(209.5)	(306.2)	(179.3)	(147.2)	(209.3)	(238.4)	(221.9)	(189.2)	(256.0)	(284.4)	(286.2)	(263.6)	(329.0)
Net assets	145.0	151.9	170.0	165.9	170.6	168.6	170.7	163.9	334.9	332.0	345.3	345.5	322.9	309.2	317.8	309.8

^[1] Data presented according to IFRS16
^[2] Data presented in accordance with IFRS5, with Mondadori France discontinuing
^[3] Data reclassified according IFRS15