Earnings release
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SIG MEDIA RELEASE 26 October 2021 SIG Combibloc Group AG ( " SIG ” ) Ad hoc announcement in accordance with Art . 53 LR Solid third quarter revenue growth Third quarter and nine months 2021 highlights - Third quarter core revenue at constant currency up 14.7 % , up 4.2 % on a like - for - like basis ; Middle East and Africa ( MEA ) business fully consolidated from end of February 2021 Core revenue for first nine months at constant currency up 15.1 % , up 7.1 % on a like - for - like basis ; strong performance in Americas and Asia Pacific - Adjusted EBITDA margin in the third quarter 27.1 % ( Q3 2020 : 30.2 % ) : higher raw material costs , increase in growth investments - Adjusted EBITDA margin for the first nine months up at 27.2 % ( first nine months 2020 : 26.8 % ) - Strong cash generation - Full year guidance of 4-6 % core revenue growth¹ and 27-28 % adjusted EBITDA margin maintained Revenue performance : Q3 2021 Three months ended 30 Sept. Three months ended 30 Sept. Like - for - like Change Reported Constant change¹ Constant ( In € million or % ) 2021 2020 currency currency currency Core revenue 506.7 438.6 15.5 % 14.7 % 4.2 % Total revenue 506.7 441.9 14.7 % 13.8 % 3.5 % Key performance indicators : Q3 2021 Three Three months months ended 30 Sept. ended 30 Sept. ( In € million or % ) 2021 2020 Adjusted EBITDA 137.1 133.6 Adjusted EBITDA margin 27.1 % 30.2 % EBITDA 130.2 137.1 Adjusted net income 60.6 77.4 Net income 36.4 46.2 Free cash flow 116.7 96.4 1 Like - for - like including MEA , at constant currency 1