Key figures 2019

Investor Relations

Financials

	Jan 1 – Dec 31, 2019	Jan 1 – Dec 31, 2018	Changes
Group key performance indicators
Site visits (in millions)	4,178.1	3,137.2	33.2%
Mobile visit share (in %)	83.7	79.3	4.3pp
Active customers (in millions)	31.0	26.4	17.1%
Number of orders (in millions)	144.9	116.2	24.8%
Average orders per active customer	4.7	4.4	6.5%
Average basket size* (in EUR)	56.6	57.1	–0.9%
Results of operations
Gross merchandise volume (GMV) (in EUR m)	8,207.5	6,637.8	23.6%
Revenue (in EUR m)	6,482.5	5,387.9	20.3%
EBIT (in EUR m)	165.8	119.2	39.1%
EBIT (as % of revenue)	2.6	2.2	0.3pp
Adjusted EBIT (in EUR m)	224.9	173.4	29.7%
Adjusted EBIT (as % of revenue)	3.5	3.2	0.3pp
EBITDA (in EUR m)	360.6	205.7	75.3%
EBITDA (as % of revenue)	5.6	3.8	1.7pp
Adjusted EBITDA (in EUR m)	419.7	259.9	61.5%
Adjusted EBITDA (as % of revenue)	6.5	4.8	1.7pp
Financial position
Net working capital (in EUR m)	–147.7	–84.3	–75.2%
Equity ratio (as % of total liabilities)	38.9	47.9	–9.0pp
Cash flow from operating activities (in EUR m)	327.2	212.8	53.8%
Cash flow from investing activities (in EUR m)	–290.3	–207.0	–40.2%
Free cash flow (in EUR m)	41.6	–13.8	400.8%
Capex (in EUR m)	–306.5	–278.4	10.1%
Cash and cash equivalents (in EUR m)	976.5	995.0	–1.9%
Other
Employees (as of the reporting date)	13,763	15,619	–11.9%
Basic earnings per share (in EUR)	0.40	0.21	93.7%
Diluted earnings per share (in EUR)	0.39	0.20	95.3%

*) The calculation and definition of the average basket size was changed in 2019. It now consists of the GMV divided by the number of orders. In the prior-year period, it was calculated as transactional revenue divided by the number of orders. In the table above, the new definition and calculation method was applied for both the current and prior-year periods. Average basket size as per the prior-year definition is EUR 58.8 for FY 2019 and EUR 61.0 for FY 2018.