10/03/2023
The proposed dividend pay-out ratio will remain at c.40% of Adjusted Net Income attributable to the Group.
Gauthier Louette, Chairman & CEO, said: “The excellent performance delivered in 2022 enables SPIE to break through the 8 billion euros revenue and half a billion EBITA marks. SPIE demonstrated once again the strengths of its business model. Organic growth has been accelerating throughout the year, reflecting our unique position as a key enabler for the energy transition. EBITA margin continued to improve thanks to our unabating focus on operational excellence and our pricing power. Our strong cash generation enabled the Group to further reduce its leverage ratio down to 1.6 time while financing a dynamic M&A strategy including a c.€ 200 million investment for Worksphere.
The share of our European Union taxonomy-aligned revenue continued to improve and reached 46% in 2022, a good step towards our 2025 ESG objectives (50%).
Since 2022, SPIE has integrated its ESG focus in its financing policy, through the successful issue of two Sustainability-linked refinancing. More than a half of our financial debt is now Sustainability-linked.
We enter 2023 with a record order backlog and very strong market fundamentals, and I know that the commitment and expertise of all our teams will bring further value to all our stakeholders.”
1. Subject to shareholders’ approval at the next Annual General Meeting on May 10th, 2023
2. Ratio of net debt excluding the impact of IFRS 16 at end December to pro forma EBITDA (including full-year impact of acquisitions and disposals) on a trailing twelve-month basis
3. Adjusted for the amortisation of allocated goodwill and exceptional items