On a comparable basis, consolidated turnover at Van de Velde increased during the first half of 2021 by 16.5 percent to 96.6 million euros, while the reported turnover increased by 32.1 percent to 97.6 million euros. The strong results in the United States are due to no lockdowns, as opposed to long lockdowns in 2020.
On a comparable basis including comparable seasonal deliveries, consolidated EBITDA for the first half increased by 30.6 percent to 29.1 million euros. Non-comparable EBITDA increased by 82.6 per cent to 29.8 millions euros. Comparable to the 26.8% in the first half 2020, the EBITDA was 30.1 percent.
The company added that the financial result during the first half of 2021 amounted to negative 0.8 million euros compared to 0.2 million euros during the first half of 2020. The group profit was 18.2 million euros, compared to 5,000,000 euros in 2020’s first half.