| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M € |
Estimates in M € |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 577 | 628 | 773 | 863 | 896 | 919 | | Operating income (EBITDA) | 53,8 | 42,2 | 44,2 | 57,7 | 60,4 | 69,9 | | Operating profit (EBIT) | 46,4 | 34,8 | 35,9 | 48,4 | 50,8 | 61,0 | | Pre-Tax Profit (EBT) | 42,2 | 43,4 | 25,7 | 42,9 | 44,2 | - | | Net income | 36,4 | 40,3 | 23,2 | 33,0 | 34,1 | 42,0 | | EPS ( €) | 1,79 | 1,93 | 1,01 | 1,33 | 1,40 | 1,67 | | Dividend per Share ( €) | 0,86 | 0,92 | 0,75 | 0,65 | 0,64 | 0,80 | | Yield | 6,43% | 6,92% | 5,64% | 4,91% | 4,83% | 6,02% | | Announcement Date | 02/25/2011 03:24pm | 02/27/2012 03:47pm | 02/22/2013 08:52am | - | - | - |
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Actuals in M € |
Estimates in M € |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 129 | 125 | 180 | 141 | 124 | 126 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 53,8 | 42,2 | 44,2 | 57,7 | 60,4 | 69,9 | Leverage (Debt/EBITDA) | 2,39x | 2,96x | 4,06x | 2,44x | 2,06x | 1,80x | | Capital Expenditure | 4,61 | 8,06 | 14,9 | 11,3 | 10,7 | 10,0 | | Book Value Per Share (BVPS) | 8,75 € | 10,2 € | 10,4 € | 11,2 € | 11,9 € | 12,3 € | | Cash Flow per Share | 0,16 € | 1,88 € | 2,36 € | 1,49 € | 1,70 € | - | | Announcement Date | 02/25/2011 03:24pm | 02/27/2012 03:47pm | 02/22/2013 08:52am | - | - | - |
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Assessed data source : © 2013 Thomson Reuters |
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Valuation |
2013e |
2014e |
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PER (Price / EPS)
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10,0x |
9,51x |
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Capitalization / Revenue
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0,37x |
0,35x |
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EV / Revenue
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0,53x |
0,49x |
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EV / EBITDA
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7,94x |
7,32x |
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Yield (DPS / Price)
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4,91% |
4,83% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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5,61% |
5,66% |
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operating laverage (Delta EBIT / Delta Sales)
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2,95x |
1,26x |
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Net Margin (Net Profit / Revenue)
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3,82% |
3,80% |
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ROA (Net Profit / Asset)
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9,33% |
9,65% |
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ROE (Net Profit / Equities)
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12,1% |
12,0% |
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Rate of Dividend
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49,2% |
46,0% |
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