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Key figures

Managed and consolidated

At Vebego we use the terms ‘managed’ and 'consolidated'. The consolidated turnover of €1,052 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 2021, we had more than 128 companies with a joint turnover of €1,267 million. The link between Vebego’s managed and consolidated figures is as follows:

(in euro x thousands)

Consolidated

 

Joint ventures

 

Managed

 

2021

 

2020

 

2021

 

2020

 

2021

 

2020

Net turnover

1,052,209

 

995,998

 

214,759

 

271,659

 

1,266,968

 

1,267,657

Cost of sales

830,536

 

789,294

 

160,070

 

204,873

 

990,606

 

994,167

            

Profit before selling and administrative expenses

221,673

 

206,704

 

54,689

 

66,786

 

276,362

 

273,490

Selling and administrative expenses

187,365

 

183,141

 

40,127

 

52,127

 

227,492

 

235,268

            

Operating result (= EBIT)

34,308

 

23,563

 

14,562

 

14,659

 

48,870

 

38,222

            

Number of employees

2021

 

2020

 

2021

 

2020

 

2021

 

2020

Employees as at 31 December

25,395

 

25,624

 

6,413

 

8,467

 

31,808

 

34,091