Derichebourg // 2020-2021 Universal Registration Document

5

Financial and accounting information Comments on the fiscal year

Multiservices business 5.1.4

2021 12 months

2020 12 months

Change %

In millions of euros

Revenue

871.5

836.2

4.2% 17.0%

Recurring Ebitda

51.4

44.0

in % of revenue

5.9% 26.1 3.0%

5.3% 18.1 2.2% (5.6) (0.2) (1.5) 10,9

Recurring operating profit (loss)

44.1%

in % of revenue

Restructuring of the Aeronautics division

Result on disposal Temporary Aeronautics Sourcing UK

Result on disposal Cleaning Turkey

Operating profit (loss)

26.1

140.6%

The tables below show the trend in revenue and recurring Ebitda for the Multiservices business:

The contribution of the Multiservices business to the Group’s revenue was up by 4.2% over the fiscal year, and stood at a record level of €871.5 million. Recurring Ebitda is up by 17%, and stands at €51.4 million, representing 5.9% of revenue, the best ratio to date.

Change in revenue

Change in EBITDA

In millions of euros

In millions of euros

110 50 872

10 15 20 25 30 35 40 45 50 55

900

858 836

51.4

802

52

781

4.0

47

800

741

44

44.0

2.7 5.8

38

153

124

39

667

2.8

700

144

1.3

151

87

618

2

33

2 585

3.2

2

159

33.4 33.0

105

600

2

0.6

143

160

29.1

152

147

5.8

5.7

27.1 26.7

149

136

500

0.5

2.3

143

38.9

22.2

7.4 3.9

4.4

5.7

21.6

7.7

130

400

10.5

109

111

5

6 4

36.6

8.8

300

625

8

510

560

468

21.3

19.6

443

200

400

16.2

15.5

344

356

13.3

11

336

-5 0 5

10

100

-0.1

0

2020

2018

2021

2016

2019

2017

2014

2015

2013

2013 2014 2015 2016 2017

2018

2019 2020 2021

Services HR sourcing and temporary sourcing

Urban area Industry

Services HR sourcing and temporary sourcing

Urban area Industry

Also in Solutions for the Services sector, the Energy business saw its revenue increase by 10%. Recurring Ebitda for Solutions for the Services sector increased by 6% to €38.9 million. It represents 6.2% of revenue. Recurring Ebitda was penalized by: the loss of a subsidiary acquired in 2019 active in electrical works (around €2 million); the loss of a Cleaning subsidiary in Spain, following accounting re-estimates (around €3 million).

Over the past fiscal year, the Multiservices businesses experienced different trends: Solutions for the Services sector: the Cleaning businesses continued to see their revenue increase (France: up 12%, Spain, up 22% – Portugal: up 7%), thanks to organic growth in the portfolio of recurring contracts, but also thanks to additional services during the pandemic, particularly in the first half of the year, such as cleaning services help to provide a safe working environment for occupants of customer sites.

DERICHEBOURG 2020/2021 Universal Registration Document 129