| 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 | 5 483 | 5 038 | 4 680 | 4 280 | 4 112 | 4 008 | | Operating income (EBITDA) | 1 919 | 1 732 | 1 657 | 1 533 | 1 468 | 1 417 | | Operating profit (EBIT) | 556 | 422 | 502 | 643 | 603 | 590 | | Pre-Tax Profit (EBT) | 99,9 | 115 | 609 | 461 | 431 | 480 | | Net income | 39,6 | 120 | 476 | 365 | 316 | 353 | | EPS ( €) | 0,08 | 0,24 | 0,97 | 0,73 | 0,67 | 0,73 | | Dividend per Share ( €) | - | - | - | 0,06 | 0,12 | 0,15 | | Yield | - | - | - | 0,80% | 1,74% | 2,14% | | Announcement Date | 02/25/2011
08:21am | 02/23/2012
08:16am | 02/28/2013
11:20am | - | - | - |
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Actuals in M € |
Estimates in M € |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 4 296 | 4 219 | 2 889 | 2 074 | 1 543 | 1 160 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 1 919 | 1 732 | 1 657 | 1 533 | 1 468 | 1 417 | Leverage
(Debt/EBITDA) | 2,24x | 2,44x | 1,74x | 1,35x | 1,05x | 0,82x | | Capital Expenditure | 751 | 717 | 494 | 557 | 539 | 533 | | Book Value Per Share (BVPS) | - | 2,82 € | - | 3,99 € | 4,60 € | 5,28 € | | Cash Flow per Share | 2,27 € | 2,47 € | 2,38 € | 2,35 € | 2,36 € | 2,59 € | | Announcement Date | 02/25/2011
08:21am | 02/23/2012
08:16am | 02/28/2013
11:20am | - | - | - |
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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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9,67x |
10,6x |
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Capitalization / Revenue
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0,81x |
0,85x |
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EV / Revenue
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1,30x |
1,22x |
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EV / EBITDA
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3,62x |
3,42x |
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Yield (DPS / Price)
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0,80% |
1,74% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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15,0% |
14,7% |
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operating laverage (Delta EBIT / Delta Sales)
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- |
-1,59x |
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Net Margin (Net Profit / Revenue)
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8,53% |
7,69% |
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ROA (Net Profit / Asset)
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5,60% |
5,95% |
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ROE (Net Profit / Equities)
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19,1% |
14,7% |
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Rate of Dividend
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7,71% |
18,4% |
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