EUR million	2022	2021	2020 *1	2019	2018	2017	2016	2015	2014
Results
Revenue	4,601.5	3,435.3	2,774.9	2,689.6	2,379.1	1,907.4	1,714.5	1,529.8	1,358.3
Year on year revenue growth	34%	24%	3%	13%	25%	11%	12%	13%	10%
Gross profit	1,147.1	836.3	647.5	599.3	536.1	428.7	381.6	332.8	287.6
Gross profit in % of revenue	24.9%	24.3%	23.3%	22.3%	22.5%	22.5%	22.3%	21.8%	21.2%
Operating EBITA *2	554.5	373.6	243.2	224.8	202.1	161.7	147.8	128.3	110.0
Year on year Operating EBITA growth	48%	54%	8%	11%	25%	9%	15%	17%	14%
Operating EBITA in % of revenue	12.0%	10.9%	8.8%	8.4%	8.5%	8.5%	8.6%	8.4%	8.1%
Cash flow
Free cash flow *3	434.4	278.9	277.4	222.2	166.5	161.3	140.4	119.3	94.6
Cash conversion margin *4	76.9%	72.6%	109.4%	97.4%	79.3%	97.2%	92.3%	90.5%	83.9%
Balance sheet
Working capital	770.1	612.5	443.7	435.9	399.8	314.3	248.4	227.8	179.7
Total equity	1,673.4	1,461.4	1,252.4	866.5	786.3	729.2	722.1	653.8	530.8
Net debt	1,026.9	940.0	727.0	735.2	610.7	490.0	397.6	437.5	266.6
Net debt/Operating EBITDA ratio *5	1.7	2.3	2.3	2.8	2.8	2.8	2.6	2.9	2.4
Employees
Number of full time employees end of period	4,323	3,740	3,298	2,991	2,799	2,265	1,863	1,746	1,512
Shares
Number of shares issued at year-end (x 1,000)	56,988	56,988	56,988	52,592	52,592	52,592	52,592	52,592	50,000
Weighted average number of shares  (x 1,000)	56,929	56,940	53,750	52,475	52,443	52,425	52,477	51,612	25,118
Earnings per share (weighted)	5.50	3.64	2.24	2.06	1.91	1.47	1.39	1.20	0.79
Cash earnings per share (weighted) *6	6.78	4.64	3.03	2.85	2.53	2.06	2.01	1.79	1.42
Proposed dividend per share *7	2.37	1.62	1.02	0.90	0.80	0.62	0.55	0.44	0.20

*1. The period ended 31 December 2020 has been restated as a result of a change in accounting policy detailed in Note 2 to the financial statements included in the 2021 Annual Report

*2. Result from operating activities before amortisation of intangibles and non-recurring items

*3. Operating EBITDA excluding non-cash share based payment expenses, less lease payments, plus/less changes in working capital, less capital expenditures

*4. Free cash flow in percentage of Adjusted Operating EBITDA (Operating EBITDA plus non-cash share-based payment costs minus lease payments) before 2018 calculated as free cash flow in percentage of Operating EBITDA

*5. Including full year impact of acquisitions

*6. Result for the year before amortisation (net of tax) dividend  by the weighted average number of outstanding shares

*7. The 2022 dividend is still subject to approval by the approval by the 2023 AGM, to be held on 26 April 2023.