ISS A/S : Restated figures after OneISS announcement 2019-2020 XLSX
January 29, 2021 at 09:18 pm IST
Share
Income Statement
Income Statement
DKK million
H1
H2
FY
H1
2019
2019
2019
2020
Revenue
37,469
40,229
77,698
35,481
Operating expenses incl. restructuring costs
(36,066)
(38,380)
(74,446)
(36,243)
Operating profit before other items
1,403
1,849
3,252
(762)
Other income and expenses, net
(51)
(40)
(91)
(794)
Goodwill impairment
(144)
(160)
(304)
(416)
Amortisation/impairment of brands and customer contracts
(168)
(167)
(335)
(48)
Operating profit
1,040
1,482
2,522
(2,020)
Financial income and expenses, net
(327)
(376)
(703)
(289)
Profit before tax
713
1,106
1,819
(2,309)
Income taxes
(221)
(445)
(666)
(231)
Net profit from continuing operations
492
661
1,153
(2,540)
Net loss from discontinued operations
(90)
308
218
(137)
Net profit (reported)
402
969
1,371
(2,677)
Operating margin before other items
3.7%
4.6%
4.2%
-2.1%
Cash Flow Statements
Cash Flow Statement
DKK million
H1
H2
FY
H1
2019
2019
2019
2020
Operating profit before other items
1,403
1,849
3,252
(762)
Operating profit before other items from discontinued operations
45
82
127
26
Depreciation and amortisation
766
851
1,617
816
Share-based payments
57
(39)
18
2
Changes in working capital
(3,230)
1,211
(2,019)
(730)
Changes in provisions, pensions and similar obligations
(77)
302
225
81
Other expenses paid
(10)
(6)
(16)
(136)
Interest received
16
29
45
40
Interest paid
(284)
(388)
(672)
(233)
Income taxes paid
(502)
(11)
(513)
(254)
Cash flow from operating activities
(1,816)
3,880
2,064
(1,150)
Acquisition of businesses
(75)
- 0
(75)
(103)
Divestment of businesses
(97)
788
691
(5)
Investments in equity-accounted investees
(26)
(14)
(40)
(10)
Acquisition of intangible assets and property, plant and equipment
(541)
(592)
(1,133)
(382)
Disposal of intangible assets and property, plant and equipment
42
(4)
38
41
Other (Acquisition)/disposal of financial assets
6
(17)
(11)
(7)
Cash flow from investing activities
(691)
161
(530)
(466)
Proceeds from bonds
3,695
- 0
3,695
- 0
Repayment of senior facilities
- 0
(6,717)
(6,717)
- 0
Repayment of lease liabilities
(535)
(545)
(1,080)
(504)
Other financial payments, net
(114)
(223)
(337)
3,319
Dividends paid to shareholders
(1,422)
- 0
(1,422)
- 0
Dividends paid to non-controlling interests
(1)
(9)
(10)
- 0
Cash flow from financing activities
1,623
(7,494)
(5,871)
2,815
Total cash flow
(884)
(3,453)
(4,337)
1,199
Addition of right-of-use assets, net
337
255
592
232
Free Cash Flow
(2,646)
3,012
366
(1,730)
Regional Performance
Regional Performance
H1
H2
FY
H1
2019
2019
2019
2020
Revenue
Continental Europe
14,110
15,958
30,068
13,702
Northern Europe
12,344
12,693
25,037
11,343
Asia & Pacific
6,478
6,757
13,235
6,414
Americas
4,107
4,352
8,459
3,708
Other countries
457
491
948
324
Corporate / eliminations
(27)
(22)
(49)
(10)
Continuing operations
37,469
40,229
77,698
35,481
Operating profit before other items
Continental Europe
638
864
1,502
- 344
Northern Europe
489
630
1,119
- 535
Asia & Pacific
336
388
724
247
Americas
162
286
448
114
Other countries
16
44
60
15
Corporate costs etc.
(238)
(363)
(601)
(259)
Continuing operations
1,403
1,849
3,252
- 762
Operating margin
Continental Europe
4.5%
5.4%
5.0%
-2.5%
Northern Europe
4.0%
5.0%
4.5%
-4.7%
Asia & Pacific
5.2%
5.7%
5.5%
3.9%
Americas
3.9%
6.6%
5.3%
3.1%
Continuing operations
3.7%
4.6%
4.2%
-2.1%
Regional Revenue Performance
Regional revenue performance (quarters)
Q1
Q2
Q3
Q4
2019
Q1
Q2
Q3
2019
2019
2019
2019
FY
2020
2020
2020
Revenue
Continental Europe
6,952
7,158
7,853
8,105
30,068
7,352
6,350
6,951
Northern Europe
6,061
6,283
6,068
6,625
25,037
5,948
5,395
5,508
Asia & Pacific
3,239
3,239
3,337
3,420
13,235
3,316
3,098
2,983
Americas
2,013
2,094
2,122
2,230
8,459
2,115
1,593
1,446
Other countries
225
232
233
258
948
164
160
67
Corporate / eliminations
(12)
(15)
(10)
(12)
(49)
(10)
-
(12)
Continuing operations
18,478
18,991
19,603
20,626
77,698
18,885
16,596
16,943
Organic growth
Continental Europe
8%
9%
16%
15%
12%
10%
-7%
-5%
Northern Europe
5%
4%
3%
3%
4%
-1%
-12%
-9%
Asia & Pacific
7%
5%
5%
4%
5%
3%
-2%
-5%
Americas
2%
2%
1%
4%
2%
2%
-24%
-27%
Continuing operations
6.1%
5.8%
8.4%
7.8%
7.1%
3.9%
-9.9%
-8.8%
Currency impact
Continental Europe
-2%
-2%
1%
0%
-1%
-0%
0%
-2%
Northern Europe
-0%
0%
-1%
0%
0%
-1%
-2%
0%
Asia & Pacific
2%
2%
3%
3%
3%
-1%
-1%
-5%
Americas
9%
7%
5%
3%
6%
3%
0%
-5%
Continuing operations
0.5%
0.5%
1.1%
1.0%
0.7%
0.0%
-1.0%
-2.5%
Acquisitions/Divestments, net
Continental Europe
-3%
-2%
-1%
-2%
-2%
-4%
-4%
-4%
Northern Europe
-2%
-1%
-0%
-0%
-1%
-0%
-0%
0%
Asia & Pacific
-0%
-0%
-0%
-0%
0%
-0%
-1%
-1%
Americas
-1%
-0%
-0%
-0%
0%
0%
0%
0%
Continuing operations
-2.9%
-2.4%
-1.8%
-1.9%
-2.2%
-1.7%
-1.7%
-2.3%
Total growth
Continental Europe
3%
5%
16%
13%
9%
6%
-11%
-11%
Northern Europe
3%
3%
2%
3%
3%
-2%
-14%
-9%
Asia & Pacific
9%
7%
8%
7%
8%
2%
-4%
-11%
Americas
10%
9%
6%
7%
8%
5%
-24%
-32%
Continuing operations
3.7%
3.9%
7.7%
6.9%
5.6%
2.2%
-12.6%
-13.6%
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Disclaimer
ISS A/S published this content on 29 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 January 2021 15:47:02 UTC.
ISS A/S is one of the world's leaders in general services to companies and communities. The activity is organized around 6 areas:
- cleaning services: to administrative premises, schools, hotels, health facilities, industrial companies, etc.;
- building technical maintenance and landscape development services (20%). The group also develops rat and insect extermination products distribution activity;
- catering services;
- support services: distribution and management of mails, logistics services, etc.;
- security services: building gardening and security services, alarm and access control systems installation, etc.;
- professional and industrial premises management and development.
Net sales are distributed geographically as follows: Denmark (3.8%), the United Kingdom and Ireland (13.5%), the United States and Canada (8.9%), Switzerland (8.1%), Germany (7.5%), Australia and New Zealand (6.5%), Turkey (6.1%), Spain (5.7%) and other (39.9%).