This site uses cookies to bring you the best experience. Find out more
Skip to main content

Adjusted EBIT and Adjusted EBITDA

The Group defines adjusted EBIT as operating profit before exceptional items and non-recurring expenses, and adjusted EBITDA as operating profit before depreciation and amortisation, exceptional items and non-recurring expenses. Adjusted EBIT and adjusted EBITDA are supplemental measures of the Group’s performance and liquidity that are not required to be presented in accordance with IFRS.

Operating profit 40,136 41,704
Non-recurring expenses* 185 1,016
Adjusted EBIT 40,321 42,720
Depreciation and amortisation (note 11) 11,224 11,004
Adjusted EBITDA 51,545 53,724
Adjusted EBITDA margin 19.8% 20.5%

* Non-recurring expenses relate to profits or losses on disposal and impairment of fixed assets, not meeting the criteria for categorisation as exceptional items.