ROCE
ROCE | H 1 | Change | H 1 | |||
2022 | 2021 | absolute | % | |||
EBIT adjusted 1) (€ million) | 876 | –975 | +1,851 | – | 757 | |
Capital employed as of Jun 30 (€ million) | 44,968 | 43,124 | +1,844 | +4.3 | 42,114 | |
ROCE (%) | 3.9 | –4.5 | +8.4 | – | 3.6 | |
Target value (%) | ≥6.5 | ≥6.5 | ‒ | ‒ | ≥7.0 | |
1) Figures extrapolated to the full year for calculation purposes.
ROCE increased noticeably as a result of the improvement in adjusted EBIT. The growth in capital employed resulted mainly from the increase in property, plant and equipment.
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