Key business figures at a glance

DSM's activities are grouped in three clusters: Nutrition, Materials and Innovation Center. We report separately on Corporate Activities. Results presented in this section (and elsewhere in this Report) relate to consolidated activities only (therefore non-consolidated partnerships are excluded).

Net sales

x € million
2017
2016
   
Nutrition
5,579
5,169
Materials
2,825
2,513
Innovation Center
169
167
Corporate Activities
59
71
   
Total
8,632
7,920

Adjusted EBITDA

x € million
2017
2016
   
Nutrition
1,053
931
Materials
488
435
Innovation Center
9
1
Corporate Activities
(105)
(105)
   
Total
1,445
1,262

Adjusted EBITDA margin

in %
2017
2016
   
Nutrition
18.9
18.0
Materials
17.3
17.3
   
Total
16.7
15.9

Adjusted operating profit (EBIT)

x € million
2017
2016
   
Nutrition
770
645
Materials
361
311
Innovation Center
(30)
(24)
Corporate Activities
(144)
(141)
   
Total
957
791

Capital employed at 31 December

x € million
2017
2016
   
Nutrition
5,420
5,537
Materials
1,786
1,807
Innovation Center
562
576
Corporate Activities
(2)
(31)
   
Total
7,766
7,889

ROCE

in %
2017
2016
   
Nutrition
14.1
12.0
Materials
20.0
17.6
   
Total
12.3
10.4

Capital expenditure

x € million
2017
2016
   
Nutrition
407
331
Materials
124
106
Innovation Center
43
32
Corporate Activities
12
16
   
Total, accounting based
586
485
   
Non-cash items
(39)
(9)
Customer funding
(1)
(1)
   
Total, cash based
546
475

R&D expenditure (including associated IP expenditure)

 
x € million
as % of net sales
 
2017
2016
2017
2016
     
Nutrition
219
205
3.9
4.0
Materials
130
124
4.6
4.9
Innovation Center
75
75
44.4
44.9
Corporate Activities
20
22
33.9
31.0
     
Total
444
426
5.1
5.4

Workforce at 31 December

headcount
2017
2016
   
Nutrition
13,676
13,260
Materials
4,635
4,460
Innovation Center
685
619
Corporate Activities
2,058
2,447
   
Total
21,054
20,786