measure and monitor the processes and report results ... - Refresco.de

Main achievements
•
•
•
•
•
•
Achievement of financial targets despite difficult
market.
A combined capital commitment of EUR 84 million
from 3i and a financing facility of EUR 140 million
secured a sound financial platform from which
to grow.
The acquisition of Soft Drinks International (SDI)
in Germany allows Refresco to enter the carbonated
soft drink market in Germany, thus completing its
product portfolio.
Successful roll­out of SAP to the four business units.
Further rationalization process in Germany.
Investments in new lines in several business units and
profit centers further completes our product portfolio.
Key figures
In millions of EUR
Revenue Normalized EBITdA
EUR’000 1,400,000 EUR’000
1,300,000
1,200,000
1,100,000
1,000,000
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
2010 2009 Ratio
Volume
(in millions of ltrs)
3,804 3,393 12.1%
Revenue 1,224 1,140 7.4%
Operating Profit 61.2 67.6 ­/­9.5%
Depreciation 54.0 51.9 4.0%
EBITDA 115.2 119.5 ­/­3.6%
Normalization* 9.8 1.1
Normalized EBITDA 125.0 120.6 3.6%
Net profit
Net cash from
8.8 7.6 15.8%
operating activities 75.8 94.9 ­/­20.1%
People (in fte) 2,527 2,318 9.0%
* Normalization relates to the cost of acquisitions,
capital injection and restructurings
2005 2006 2007 2008 2009 2010 2005 2006 2007 2008 2009 2010
140,000
130,000
120,000
110,000
100,000
90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
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