| 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 | 1 779 | 1 960 | 1 952 | 1 987 | 2 085 | 2 163 | | Operating income (EBITDA) | 244 | 255 | 252 | 264 | 284 | 298 | | Operating profit (EBIT) | 162 | 171 | 166 | 175 | 191 | 202 | | Pre-Tax Profit (EBT) | 152 | 162 | 160 | 171 | 186 | 188 | | Net income | 110 | 119 | 119 | 123 | 134 | 135 | | EPS ( €) | 5,39 | 5,91 | 5,96 | 6,17 | 6,81 | 7,14 | | Dividend per Share ( €) | - | 2,10 | 2,25 | 2,32 | 2,44 | 2,58 | | Yield | - | 2,46% | 2,64% | 2,72% | 2,87% | 3,02% | | Announcement Date | 03/17/2011
07:25am | 03/15/2012
07:00am | 03/14/2013
09:56am | - | - | - |
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Actuals in M € |
Estimates in M € |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | - | - | - | - | - | - | | Finance | - | 211 | 173 | 279 | 343 | 405 | | Operating income (EBITDA) | 244 | 255 | 252 | 264 | 284 | 298 | Leverage
(Debt/EBITDA) | - | - | - | - | - | - | | Capital Expenditure | 86,6 | 125 | 103 | 99,6 | 99,6 | 103 | | Book Value Per Share (BVPS) | - | 49,7 € | 54,1 € | 55,9 € | 59,7 € | 67,4 € | | Cash Flow per Share | - | 9,89 € | 8,37 € | 10,9 € | 11,0 € | 11,4 € | | Announcement Date | 03/17/2011
07:25am | 03/15/2012
07:00am | 03/14/2013
09:56am | - | - | - |
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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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13,8x |
12,5x |
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Capitalization / Revenue
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0,86x |
0,82x |
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EV / Revenue
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0,72x |
0,66x |
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EV / EBITDA
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5,42x |
4,82x |
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Yield (DPS / Price)
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2,72% |
2,87% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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8,81% |
9,18% |
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operating laverage (Delta EBIT / Delta Sales)
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3,01x |
1,90x |
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Net Margin (Net Profit / Revenue)
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6,19% |
6,43% |
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ROA (Net Profit / Asset)
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7,64% |
8,14% |
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ROE (Net Profit / Equities)
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11,0% |
11,3% |
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Rate of Dividend
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37,5% |
35,9% |
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