EBITDA                                                                    413.7       351.0 
Adjustments to EBITDA: 
Unrealised gain on derivatives                                           (17.1)       (9.2) 
Replacement of share of profit or loss of joint ventures with 
cash dividends received from joint ventures                                 1.7         0.5 
Restructuring costs, net of reversals                                      22.6         3.8 
Loss on sale of subsidiary                                                 12.1           - 
Transaction- and acquisition-related costs                                  8.2         1.2 
Fair value adjustment on inventories                                       10.4           - 
Gain on pre-existing interest in joint ventures                          (48.8)           - 
Out of period indirect tax recoveries                                     (5.9)           - 
Other                                                                       4.3         2.0 
Adjusted EBITDA                                                           401.2       349.3

The table below is a summary of the reconciliation of profit or loss for the period to adjusted net income. 


                                                                                Nine      Nine 
                                                                              months    months 
                                                                               ended     ended 
                                                                            30 Sept.  30 Sept. 
(In EUR million)                                                                  2021      2020 
Profit for the period                                                          128.4      56.2 
Non-cash foreign exchange impact of non-functional currency loans 
and realised foreign exchange impact due to refinancing                       (12.5)      20.2 
Amortisation of transaction costs                                                2.7       2.2 
Net change in fair value of derivatives                                            -     (0.5) 
Onex acquisition PPA depreciation and amortisation                              78.1      94.9 
Net effect of early repayment of former joint venture loans                      3.7         - 
Net effect of early repayment of secured term loans                                -      19.7 
Interest on out of period indirect tax recoveries                              (2.2)         - 
Adjustments to EBITDA                                                         (12.5)     (1.7) 
Tax effect on above items                                                     (15.5)    (34.0) 
Adjusted net income                                                            170.2     157.0 
^1 The adjustments made to EBITDA are detailed in the "EBITDA and adjusted EBITDA" table above. 
 Additional features: File: SIG Q3 2021

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End of ad hoc announcement

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Language:     English 
Company:      SIG Combibloc Group AG 
              Laufengasse 18 
              8212 Neuhausen am Rheinfall 
              Switzerland 
Phone:        +41 52 674 61 11 
Fax:          +41 52 674 65 56 
E-mail:       info@sig.biz 
Internet:     www.sig.biz 
ISIN:         CH0435377954 
Listed:       SIX Swiss Exchange 
EQS News ID:  1243314 
 
End of Announcement EQS Group News Service 
=------------

1243314 26-Oct-2021 CET/CEST

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October 26, 2021 01:01 ET (05:01 GMT)