Key economic performance indicators

  • Effects of the Covid-19 pandemic drive down ROCE and debt coverage.


ROCE deteriorated as a result of the significant decline in adjusted EBIT, mainly due to Covid-19. Capital employed remained almost unchanged.

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Debt coverage

Debt coverage has fallen. Operating cash flow after taxes declined significantly as a result of the fall in income caused by Covid-19. In addition, net debt increased significantly more than net financial debt as a result of the proportional inclusion of hybrid capital and the increase in pension obligations.

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