| 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 | 71 943 | 77 573 | 82 699 | 81 690 | 82 611 | 84 552 | | Operating income (EBITDA) | 17 480 | 17 717 | 16 738 | 16 064 | 16 176 | 16 503 | | Operating profit (EBIT) | 11 258 | 11 366 | 10 319 | 9 735 | 9 658 | 9 902 | | Pre-Tax Profit (EBT) | 8 074 | 8 438 | 4 820 | 6 981 | 7 059 | 7 409 | | Net income | 4 390 | 4 148 | 865 | 3 115 | 3 205 | 3 463 | | EPS ( €) | 0,47 | 0,44 | 0,09 | 0,33 | 0,34 | 0,36 | | Dividend per Share ( €) | 0,28 | 0,26 | 0,15 | 0,14 | 0,14 | 0,15 | | Yield | 9,52% | 8,84% | 5,10% | 4,60% | 4,64% | 4,97% | | Announcement Date | 03/15/2011 06:51am | 03/08/2012 06:31am | 03/13/2013 06:41am | - | - | - |
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Actuals in M € |
Estimates in M € |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 44 924 | 44 629 | 42 948 | 41 652 | 38 011 | 36 080 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 17 480 | 17 717 | 16 738 | 16 064 | 16 176 | 16 503 | Leverage (Debt/EBITDA) | 2,57x | 2,52x | 2,57x | 2,59x | 2,35x | 2,19x | | Capital Expenditure | 6 468 | 6 957 | 6 522 | 5 489 | 4 858 | 4 967 | | Book Value Per Share (BVPS) | 4,03 € | 4,13 € | 3,91 € | 4,27 € | 4,42 € | 4,63 € | | Cash Flow per Share | 1,26 € | 1,25 € | 1,08 € | 0,98 € | 1,06 € | 1,15 € | | Announcement Date | 03/15/2011 06:51am | 03/08/2012 06:31am | 03/13/2013 06:41am | - | - | - |
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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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8,96x |
8,69x |
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Capitalization / Revenue
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0,34x |
0,34x |
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EV / Revenue
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0,85x |
0,80x |
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EV / EBITDA
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4,32x |
4,06x |
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Yield (DPS / Price)
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4,60% |
4,64% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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11,9% |
11,7% |
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operating laverage (Delta EBIT / Delta Sales)
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-4,64x |
- |
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Net Margin (Net Profit / Revenue)
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3,81% |
3,88% |
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ROA (Net Profit / Asset)
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3,23% |
4,10% |
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ROE (Net Profit / Equities)
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7,67% |
7,67% |
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Rate of Dividend
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41,2% |
40,4% |
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