1 January - 30 June (unaudited)
|
kEUR |
H1 2023 |
H1 2022 |
|
|
|
|
|
Cash flow from operating activities |
|
|
|
Result for the period |
-34,266 |
10,247 |
|
|
|
|
|
Adjustments to reconcile cash generated by operating activities |
|
|
|
Depreciation, amortization and impairment |
15,077 |
11,224 |
|
Movement in provisions |
-427 |
-865 |
|
Movement in pensions |
277 |
510 |
|
Share-based payment expense |
393 |
991 |
|
Financial income |
-21 |
-4 |
|
Financial expenses |
4,784 |
2,645 |
|
Income tax charge |
-4,961 |
2,594 |
|
|
|
|
|
Changes in net working capital |
|
|
|
(Increase) / decrease in inventories |
-6,715 |
-27,246 |
|
(Increase) / decrease in trade receivables |
-22,117 |
18,777 |
|
(Increase) / decrease in contract assets |
-4,790 |
-3,989 |
|
(Increase) / decrease in other current assets |
-1,120 |
-2,256 |
|
Increase / (decrease) in trade payables |
-5,106 |
1,154 |
|
Increase / (decrease) in contract liabilities |
5,676 |
-12,803 |
|
Increase / (decrease) in other current liabilities |
10,786 |
1,674 |
|
Cash generated from operations |
-42,530 |
2,653 |
|
|
|
|
|
Interest income received |
20 |
4 |
|
Interest expenses paid |
-1,671 |
-1,283 |
|
Income taxes paid |
-4,141 |
-9,033 |
|
Net cash flows from operating activities |
-48,322 |
-7,659 |
|
|
|
|
|
Cash flow from investing activities |
|
|
|
Acquisition of intangible assets |
-2,277 |
-2,146 |
|
Acquisition of property, plant and equipment |
-29,089 |
-39,080 |
|
Disposal of property, plant and equipment |
0 |
2 |
|
Movement in other financial assets |
270 |
22 |
|
Net cash flows from investing activities |
-31,096 |
-41,202 |
1 January - 30 June (unaudited)
|
kEUR |
H1 2023 |
H1 2022 |
|
|
|
|
|
Cash flow from financing activities |
|
|
|
Purchase of own shares |
0 |
-11,962 |
|
Dividends paid |
0 |
-9,671 |
|
Proceeds from short-term borrowings from banks |
55,172 |
– |
|
Repayment of lease liabilities |
-1,411 |
-1,538 |
|
Repayment of other financial liabilities |
-276 |
-288 |
|
Net cash flow from financing activities |
53,485 |
-23,459 |
|
Net movement in cash and cash equivalents |
-25,933 |
-72,320 |
|
|
|
|
|
Cash and cash equivalents at the beginning of the period |
37,528 |
136,303 |
|
Net foreign currency exchange differences |
-2,610 |
2,453 |
|
Cash and cash equivalents at the end of the period |
8,985 |
66,436 |