With the exception of the session and persistent cookies required to ensure the website use safety and session cookies required for the purpose of age verification, we save cookies on your device only if you consent to it. By clicking the “Accept” button you agree to saving cookies on your device and using them for analytical purposes as well as in order to ensure the comfort of using the website.

To remember your choice regarding the acceptance or rejection of cookies we will save an additional cookie on your device for no longer than 1 year. By appropriately adjusting your browser settings you can delete the already saved cookies or block saving of new cookies. More information can be found in Stock Spirits Group Privacy Policy https://www.stockspirits.com/privacy_cookies.aspx

Skip to main content

Free Cash Flow

The Group defines free cashflow as cash generated from operating activities (excluding income tax paid), plus the proceeds
from the sale of property, plant and equipment and proceeds from the disposal of intangible assets less cash used for the
acquisition of property, plant or equipment and for the acquisition of intangible assets. Adjusted free cashflow conversion is
free cashflow as a percentage of Adjusted EBITDA.

  9 months to 30 September 2018
€000
Year to 31 December 2017
€000
Cash generated from operations 51,394 53,619
Payments to acquire property, plant and equipment (2,449) (3,710)
Payments to acquire intangible assets (1,075) (1,376)
Proceeds from sale of property, plant and equipment 33 98
Free cashflow 47,903 48,631
Adjusted free cash flow conversion 133.6% 86.3%