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 |
