Interim report
Page 1
Fondia Plc Group : Financial Statement Release , 1 January - 31 December 2020 ( Unaudited ) Fondia 2020 : Continuity within customer relationships and improving demand in the latter part of the year were the bright spots of the exceptional year Figures in parentheses refer to the corresponding period of the previous year , unless otherwise stated . July - December 2020 summary : * ● ● * ● Items affecting comparability have been recorded in July - December 2019 , but not in July - December 2020 . Net sales totalled € 9.1 million ( 9.4 ) , a change of -2.7 % . Operating profit ( EBIT ) was € 0.2 million ( 0.0 ) , and the operating margin was 2.1 % ( -0.4 ) . Comparable operating profit ( EBIT ) was € 0.2 million ( 0.5 ) * . The comparable operating margin was 2.1 % ( 5.3 ) . January - December 2020 summary : ● Profit for the period was € 0.1 million ( -0.1 ) . Comparable profit for the period was € 0.1 million ( 0.3 ) * . Recurring monthly invoicing accounted for 47 % ( 48 ) of net sales . Average number of employees ( FTE ) was 126 ( 139 ) , a change of -9.4 % . ● Net sales totalled € 19.6 million ( 20.2 ) , a change of -2.6 % . Operating profit ( EBIT ) was € 1.3 million ( 0.6 ) . The operating margin was 6.5 % ( 3.1 ) . Comparable operating profit ( EBIT ) was € 1.3 million ( 1.2 ) * . The comparable operating margin was 6.5 % ( 5.7 ) . Profit for the period was € 0.8 million ( 0.4 ) . Comparable profit for the period was € 0.8 million ( 0.8 ) * . ** Continuous monthly invoicing accounted for 45 % ( 45 ) of net sales * Average number of employees ( FTE ) was 129 ( 140 ) , a change of -7.9 % . Net earnings per share was € 0.21 ( 0.09 ) . The Board's dividend proposal is 0,28 per share . Items affecting comparability have been recorded in July - December 2019 , but not in the financial year 2020 . ** In the financial year 2020 , the company has clarified its calculation method for reporting the comparative figure in order to specify the comparability of the proportion of continuous invoicing . The previously reported figure in the corresponding period was 47 % .