This slide presents an IBCS compliant FCF bridge enriched with additional historical years and a two year forecast. The redesign highlights the impact of the 2022 acquisition on EBITDA and shows how the improvement in free cash flow is partly driven by declining investments. Trend arrows make it easy to see which elements strengthen performance and where potential risks emerge, providing a clearer narrative behind Hempel’s recent financial development.
Applied IBCS principles:

– Free cash flow bridge structured according to IBCS waterfall rules (STRUCTURE).

– Harmonized scales and consistent notation across all components (UNIFY).

– Clear distinction between historical values and forecast (UNIFY).

– Trend arrows and deviation indicators applied consistently (HIGHLIGHT).

– Efficient use of space enabling additional years and forecast to be included (CONDENSE).

– Consistent layout enabling multiple segment views on one page (UNIFY).