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Consolidated income statement

Millions of euros

Note

2020

2019

Net sales

4

986.5

976.4

Costs of raw materials and consumables

 

-479.3

-484.7

Production costs

 

-168.8

-196.8

Warehousing and distribution costs

 

-68.6

-61.2

Cost of sales

 

-716.7

-742.7

Gross profit

 

269.8

233.7

    

Selling expenses

 

-62.7

-67.9

Research and development costs

 

-37.2

-48.1

General and administrative expenses

 

-79.9

-79.1

Other proceeds

3

14.1

22.7

Operating result

 

104.1

61.3

    

Financial income

7

3.0

3.8

Financial charges

7

-23.9

-18.4

Results from joint ventures and associates

13

4.5

-2.0

Result before taxes

 

87.7

44.7

    

Income tax expense

8

-14.6

-18.9

Result after taxes

 

73.1

25.8

    

Result attributable to non-controlling interests

   

Result attributable to equity holders of Corbion nv

 

73.1

25.8

    

Per ordinary share in euros

9

  

Basic earnings

 

1.24

0.44

Diluted earnings

 

1.23

0.43