In millions December 31, 2019 December 31,
2020 Gross
variation Organic variation
Variation at constant
exchange rates
Revenue 18,015 17,209 -4.5% -2.6% -2.8%
EBITDA 3,220 2,815 - 12.6% - 9.9% - 10.2% EBITDA/revenue 17.9% 16.4%
EBIT 1,408 780 - 44.6% - 40.8% - 41% EBIT/revenue 7.8% 4.5%
Net income, Group share 352 -228
Recurring net income, Group share 350 -38
663 579
2019
860 980
2020
755 745
94 56
(651)
Key financial indicators (in millions)
Revenue breakdown by activity* Net investment (in millions)
Maintenance investment Development investment
Financial investment
Disposals
20.3%
Environmental Tech & Solutions
(ETS)
PE RF
OR MA
NC E
39.6% Water
42.2%
Recycling & Recovery
(399)
* Percentages calculated excluding 2% inter-company sales, i.e. reciprocal transactions between Group entities.
SHAREHOLDERS
28