adjusted ebitda is an alternative performance measure ......1 adjusted ebitda is an alternative...
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1 Adjusted EBITDA is an Alternative Performance Measure (APM) that reflects continuing operations. Organic sales growth is the total impact of volume and price/mix. Adjusted Net Operating Free Cash Flow is the cash flow from operating activities, corrected for the cash flow of the APM adjustments, minus the cash flow of capital expenditures and drawing rights. 2 Results excluding business held for sale
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▪ DSM Engineering Materials: Volumes were significantly down driven especially by a very sharp
demand contraction in global automotive in Q2. Q3 saw a recovery in volumes, especially
towards the end of the quarter.
▪ DSM Protective Materials: Personal Protection activities were significantly down from the end
of Q1 and into Q2, as orders under the typical large contracts were postponed. These orders
slowly restarted in Q3.
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1,218 2,137 147 1,034 495 661 68 70 166 68
21 35 2 17 8 11 1 1 3 1
275 1,314 371 1,376 823 699 159 198 640 209
4 22 6 23 14 12 3 3 10 3
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