Selecta Half-Year Report 2022
ANOTHER QUARTER OF PROFITABLE GROWTH Q2 2022 FINANCIAL SUMMARY
• Continued double digit sales growth driven by the recovery in mobility and office presence, reaching
91% of 2019 levels in June
• Adjusted EBITDA margin of 17.5% impacted by inflation and selling price increase timing nonetheless strong offset through cost management and structural productivity gains
• Adj. EBITDA margin pre IFRS16 of 14.5% up +0.3pp
• Reported EBITDA increasing as a result of higher Adj. EBITDA despite one-offs of €6.1m related to additional rightsizing initiatives
• Free cash flow improving due to cash generation action plan
• Liquidity improving in the quarter despite rightsizing cash-outs continuing