Strengthening of the Group balance sheet and further deleveraging 100% of debt at fixed rate.Strong cash conversion 4 at 93% above the 90% target set. Maintained momentum for Sustainability and ESG-related solutions across the entire portfolio, representing 55% of Group sales through the BV Green Line of services and solutions.Diversified portfolio drives delivery of 7.8% organic revenue growth in the year across all geographies, despite the Covid-19 related disruption in China and the consequences of the war in Ukraine.Proposed dividend of EUR 0.77 per share 3, up 45.3% year on year, payable in cash.Adjusted net debt/EBITDA ratio 2 reduced to 0.97x as of Decemversus 1.10x last year.Free cash flow of EUR 657.0 million (11.6% of Group revenue), up 9.0% year-on-year led by continued disciplined capex policy (2.2% of Group revenue), and a well-controlled working capital requirement (6.0% of Group revenue) despite the strong topline growth in the fourth quarter.Adjusted net profit of EUR 533.9 million (EUR 1.18 per share), up 11.0% versus EUR 480.8 million in 2021.Attributable net profit of EUR 466.7 million, up 10.9% versus EUR 420.9 million in 2021.Operating profit of EUR 799.3 million, up 11.2% versus EUR 718.8 million in 2021.Adjusted operating profit of EUR 902.1 million, up 12.5% versus EUR 801.8 million in 2021, representing an adjusted operating margin of 16.0%, and up c.10 basis points excluding the Chinese lockdown impact.Revenue of EUR 5,650.6 million for the full year 2022, up 7.8% organically (including 9.3% in the fourth quarter) and up 13.4% on a reported basis.S trong operating and financial performance delivered in 2022 Neuilly-sur-Seine, France – February 23, 2023
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