1 January - 30 June (unaudited)
|
kEUR |
H1 2022 |
H1 2021 |
|
|
|
|
|
Cash flow from operating activities |
|
|
|
Result for the period |
10,247 |
24,623 |
|
|
|
|
|
Adjustments to reconcile cash generated by operating activities |
|
|
|
Depreciation and amortization |
11,224 |
9,086 |
|
Movement in provisions |
-865 |
1,429 |
|
Movement in pensions |
510 |
1,363 |
|
Share-based payment expense |
991 |
567 |
|
Financial income |
-4 |
-6 |
|
Financial expenses |
2,645 |
1,282 |
|
Income tax charge |
2,594 |
4,903 |
|
Government grant income |
0 |
-2,370 |
|
IPO-related transaction costs |
0 |
5,721 |
|
|
|
|
|
Changes in net working capital |
|
|
|
(Increase) / decrease in inventories |
-27,246 |
-10,610 |
|
(Increase) / decrease in trade receivables |
18,777 |
7,915 |
|
(Increase) / decrease in contract assets |
-3,989 |
1,359 |
|
(Increase) / decrease in other current assets |
-2,256 |
-5,268 |
|
Increase / (decrease) in trade payables |
1,154 |
-4,980 |
|
Increase / (decrease) in contract liabilities |
-12,803 |
12,229 |
|
Increase / (decrease) in other current liabilities |
1,674 |
2,548 |
|
Cash generated from operations |
2,653 |
49,791 |
|
|
|
|
|
Interest income received |
4 |
6 |
|
Interest expenses paid |
-1,283 |
-1,060 |
|
Income taxes paid |
-9,033 |
-7,689 |
|
Net cash flows from operating activities |
-7,659 |
41,048 |
|
|
|
|
|
Cash flow from investing activities |
|
|
|
Acquisition of intangible assets |
-2,146 |
-1,969 |
|
Acquisition of property, plant and equipment |
-39,080 |
-33,265 |
|
Disposal of property, plant and equipment |
2 |
57 |
|
Movement in other financial assets |
22 |
-10 |
|
Net cash flows from investing activities |
-41,202 |
-35,187 |
1 January - 30 June (unaudited)
|
kEUR |
H1 2022 |
H1 2021 |
|
|
|
|
|
Cash flow from financing activities |
|
|
|
Proceeds from the issue of ordinary shares |
0 |
182,141 |
|
Purchase of own shares |
-11,962 |
-5,464 |
|
Dividends paid |
-9,671 |
0 |
|
IPO-related transaction costs |
0 |
-4,690 |
|
Proceeds from short-term borrowings from banks |
0 |
25,000 |
|
Repayment of long-term borrowings from banks |
0 |
-25,000 |
|
Repayment of lease liabilities |
-1,538 |
-1,005 |
|
Repayment of other financial liabilities |
-288 |
-7,296 |
|
Net cash flow from financing activities |
-23,459 |
163,686 |
|
Net movement in cash and cash equivalents |
-72,320 |
169,547 |
|
|
|
|
|
Cash and cash equivalents at the beginning of the period |
136,303 |
17,208 |
|
Net foreign currency exchange differences |
2,453 |
607 |
|
Cash and cash equivalents at the end of the period |
66,436 |
187,362 |