Financial & non-financial results 2019

INNOVATIVE in € million (unless otherwise stated) 2019 2018 ¹
Turnover 1,489.6 1,457.8
Turnover from innovations 20.5% 20.8%
R&D expenditure 63.2 60.8
Subsidies and tax savings through R&D 7.0 7.4

VALUE CREATION ¹ in € million (unless otherwise stated) 2109 2018 ¹
EBITA ² 172.5 175.0
Net profit before amortization and one-off income and expenses attributable to shareholders ³ 105.3 114.2
Market capitalization ⁴ 2,136.8 1,742.8
EBITA/turnover (ROS) 11.6% 12.0%
EBITA/average capital employed (ROCE) 17.4% 21.3%
Net debt/EBITDA ratio 1.5 1.5
Dividend yield on closing price 3.0% 3.4%

TALENT EMPOWERMENT ⁵ 2019 2018 ¹
Number of employees (FTE) 5,980 6,533
Number of training hours per FTE 24 25
Employee satisfaction 7.3 7.2
Lost Time Injury Frequency (LTIF) 0.7 n.a.
Illness rate 3.26% 3.47%
Number of employees with restricted opportunities on the labour market 120 94

BEING RESPONSIBLE ⁵ 2019 2018 ¹
Carbon footprint (CO₂ emissions in mln kg) 45.2 46.0
Fleet: CO₂ norm, expressed in gr/km 91.1 91.8
Waste 7.2% 8.7%
Recycling % (most relevant raw materials) 85.5% 79.7%
Customer satisfaction 7.9 7.9
Breaches code of conduct 0 0
Signed code of supply 89.9% 81.9%
Community investments (% of net profit before one-off income and expenses) 0.5% 0.4%

1) The financial figures for 2018 and 2019 in this overview are presented on the basis of ‘continued activities’. These are the figures excluding the divested industrial connectivity activities (‘discontinued operations’).
2) Before one-off income and expenses.
3) Amortization of intangible assets (after tax) related to acquisitions.
4) Including the shares repurchased by TKH.
5) KPIs and objectives are listed under chapter ‘Sustainability statements and Reporting system’.