Investor update
Q2 2020
July 22, 2020
Partnership with SOS Children's Villages extended
Our global partnership with SOS Children's Villages has been extended for another three years. Part of our Let's Colour initiative,
the collaboration has already benefited more than 20,000 children and young people all over the world.
Agenda
Key highlights
Financial review
Concluding remarks
Q&A
Investor update | Q2 2020
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Key highlights
Investor update | Q2 2020
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Robust profitability during Q2,
despite COVID-19 headwinds
ROS, excluding unallocated costs, increased to 14.0% (2019: 13.7%)
due to strong margin management and cost savings
Headwinds related to COVID-19 eased during the quarter, with revenue almost 30% lower in April and nearly 5% lower in June
Total cost savings delivered ¬116 million, of which ¬38 million structural savings related to transformation initiatives
Net cash from operating activities improved to ¬308 million (2019: ¬152
million); maintained a strong balance sheet
The outbreak of COVID-19 has not only seen us continue to supply our products to critical industries around the world.
Our businesses and employees have also made every effort to support local projects and community initiatives in an effort to help as many people as possible.
Investor update | Q2 2020
