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Constant currency growth rate based on FY2018 average exchange rates
Adjusted EBITDA (1)
Euro
87.9M
Excludes Euro 0.6m of IPO costs and 0.9m of IFRS conversion costs
Adjusted EBITDA margin (3)
32%
Number of Employees (FTE)
973
(1) Is calculated as EBITDA, adjusted for certain non-recurring items that management believes are not indicative of operational performance. In the period under review, these non-recurring items only impact the year ended 31 December 2018 and comprise (i) costs related to the offering and (ii) costs related to the adoption of IFRS; (2) Is calculated as the difference between the current and historical period results translated using the current period exchange rates; (3) Adjusted EBITDA margin, is calculated as adjusted EBITDA as a percentage of Revenue for the period;