Saur delivers a record performance in 2021
Revenues: €1 675m, up +16.7%
Organic growth*: +8.4%
EBITDA*: €245m, up +31.5%
Free cash flow*: €103m, up +15%
Operating income: €66m, a significant increase of 37%
Leverage*: 3.6x as of 31st December 2021
- Revenue growth: Double digits
- EBITDA: Profitable growth
- Committed to investment grade rating
Paris, April 5th, 2022. The Supervisory Board, chaired by Jürgen Rauen, convened on April 1st, 2022 in Paris to review the accounts of the Saur Group for the year ended December 31st, 2021. Following the Board’s recommendation, Patrick Blethon, Executive Chairman of Saur, adopted the accounts for the year ended December 31st, 2021.
Patrick Blethon, Executive Chairman and Chief Executive Officer of Saur said: “2021 has been a tremendous year for Saur. Our team successfully executed through a challenging environment to deliver outstanding results, including 16.7% revenue growth and 31.5% EBITDA growth.
We were particularly pleased with the performance of our water services business in France and are progressing in the market. 2021 was a pivotal year in our quest to become a best-in-class operator. We also continued to build for the future, deploying €110 million in acquisitions.
We’re now a stronger and more balanced company, comprised of high-quality leading franchises. We believe the combination of our exceptional portfolio and talented team provides a strong foundation for 2022 and beyond, while advocating to our stakeholders the value of water.”
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