Enhancing synergies

Annual report 2021

B&S Group S.A.

Introduction

About B&S

Annual Report 2021

Contents

01. Introduction

2

ƒ Key figures & events

3

ƒ

At a glance

7

ƒ

Message from the CEO

11

02. About B&S

15

ƒ

Company profile

16

ƒ Our 2021-2023 strategy: Adapt to win

28

ƒ

Value creation

36

03. Results

44

ƒ

People & culture

45

ƒ

Sustainable operations

53

ƒ Financial & segmental performance

63

Results

Governance

Financial statements

1

04. Governance

77

ƒ Composition Executive Board & Leadership team

78

ƒ

Composition Supervisory Board

80

ƒ

Corporate governance

82

ƒ

Risk management

88

ƒ

Share information

97

ƒ

Supervisory Board report

100

ƒ Audit and Risk Committee report

103

ƒ

Remuneration report

105

05. Financial statements

114

ƒ Consolidated statement of profit or loss

116

  • Consolidated statement of profit or loss and

other comprehensive income

117

ƒ Consolidated statement of financial position

118

ƒ Consolidated statement of changes in equity

120

ƒ

Consolidated statement of cash flows

122

ƒ

Notes to the Consolidated Financial Statements

124

Other information

179

ƒ

Independent auditor's report

180

ƒ

List of subsidiaries

185

ƒ

Contact

185

B&S Group S.A.

Annual Report 2021

Introduction

About B&S

Results

Governance

Financial statements

2

Celebrate friendship

Introduction

B&S is a tech company in the consumer goods industry with a very strong global network. We bring parties in the value chain all over the world together that are in many ways difficult to connect.

B&S Group S.A.

Annual Report 2021

Introduction

About B&S

Results

Governance

Financial statements

3

Facts & figures

People & Culture

Sustainable operations

Headcount

AEOS & AEOC status

2,008 (ex. temporary help)

since 2008

M / F ratio

ISO 22000 certified

53.0% / 47.0%

since 2012

Nationalities / continents

ISO 9001 certified

57 / 4

since 2020

Turnover

ISO 14001 certified

615

since 2020

Average tenure

USAPHC approved

5.6

Officially registered supplier to

Average age

UN global market place

37.6

Member UN Global Compact

since 2010

Commercial focus / Financial performance

Organic turnover growth

(0.3%)

Acquisitive turnover growth

0.7%

EBITDA margin

6.2%

Return On Invested Working Capital

24.8%

Net debt / EBITDA

2.5

B&S Group S.A.

Annual Report 2021

Introduction

About B&S

Results

Governance

Financial statements

4

Key figures 2021

Consumer goods

6

main focus areas All premium brands

Global spread of customers

>100

countries

Turnover (in millions)

€1,869.5

2020: €1,861.8

0.4%

Net cash (in millions)

€14.8

2020: €147.0

EBITDA (in millions)

€116.4

2020: €90.3

↑ 28.9%

Employees

2,008

57 nationalities on 4 continents

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B&S Group SA published this content on 08 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2022 11:11:53 UTC.