EBITDA

What does EBITDA mean?

The EBITDA indicator describes a company’s earning power and refers to operating earnings before interest, taxes, depreciation and amortisation. By disregarding interest, financing expenses and other extraordinary costs, this definition of EBITDA is intended to show a company’s profitability without external factors. Adjusted EBITDA means EBITDA without special items: Special items are events and items that occur once and do not affect operating activities.

Further information on the calculation of EBITDA and other profitability indicators can be found in our latest annual report.