Reported Earnings • Mar 04
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: €2.27b (up 29% from FY 2020). Net income: €29.0m (up €673.7m from FY 2020). Profit margin: 1.3% (up from net loss in FY 2020). Revenue missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 22%, compared to a 13% growth forecast for the industry in the United Kingdom. Board Change • Feb 28
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Chairman Alexandre de Juniac is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 31
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Chairman Alexandre de Juniac is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 11
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Chairman Alexandre de Juniac is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Oct 14
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Chairman Alexandre de Juniac is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 20
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Chairman Alexandre de Juniac is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jul 31
Second quarter 2021 earnings released The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €486.2m (up 89% from 2Q 2020). Net loss: €46.0m (loss narrowed 75% from 2Q 2020). Executive Departure • Mar 04
Independent Vice Chairman of Supervisory Board Pascal Bazin has left the company On the 26th of February, Pascal Bazin's tenure as Independent Vice Chairman of Supervisory Board ended after 5.7 years in the role. As of December 2020, Pascal personally held only 3.50k shares (€2.7k worth at the time). A total of 12 executives have left over the last 12 months. Executive Departure • Mar 04
Member of Supervisory Board has left the company On the 26th of February, Sophie Flak's tenure as Member of Supervisory Board ended after less than a year in the role. We don't have any record of a personal shareholding under Sophie's name. A total of 12 executives have left over the last 12 months. Executive Departure • Mar 04
Independent Chairman of Supervisory Board Jean-Paul Bailly has left the company On the 26th of February, Jean-Paul Bailly's tenure as Independent Chairman of Supervisory Board ended after 5.7 years in the role. As of December 2020, Jean-Paul personally held only 500.00 shares (€380 worth at the time). A total of 12 executives have left over the last 12 months. Executive Departure • Mar 04
Member of Supervisory Board has left the company On the 26th of February, Patrick Sayer's tenure as Member of Supervisory Board ended after 6.0 years in the role. As of December 2020, Patrick personally held 87.46k shares (€67k worth at the time). A total of 12 executives have left over the last 12 months. Is New 90 Day High Low • Feb 14
New 90-day low: €0.33 The company is down 58% from its price of €0.78 on 13 November 2020. The British market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.98 per share. 
