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Key figures

Managed and consolidated

At Vebego we use the terms ‘managed’ and 'consolidated'. The consolidated turnover of € 996 million includes the turnover of all companies over which Vebego has predominant control. The revenues of the joint ventures are fully included in our managed turnover. In 2020, we had more than 150 companies with a joint turnover of € 1,268 million. The link between Vebego’s managed and consolidated figures is as follows:

(in euro x thousands)

Consolidated

  

Joint ventures

  

Managed

 
 

2020

2019

 

2020

2019

 

2020

2019

Net turnover

995,998

940,870

 

271,659

290,568

 

1,267,657

1,231,438

Cost of sales

789,294

764,892

 

204,873

222,719

 

994,167

987,611

         

Profit before selling and administrative expenses

206,704

175,978

 

66,786

67,849

 

273,490

243,827

Selling and administrative expenses

183,141

166,398

 

52,127

53,230

 

235,268

219,628

         

Operating result (= EBIT)

23,563

9,580

 

14,659

14,619

 

38,222

24,199

         

Number of employees

2020

2019

 

2020

2019

 

2020

2019

Employees as at 31 December

25,624

27,234

 

8,467

9,171

 

34,091

36,405

In FTEs

14,795

15,025

 

4,436

4,764

 

19,231

19,789