| 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 | 1 993 | 2 146 | 2 474 | 2 872 | 3 195 | 3 145 | | Operating income (EBITDA) | 34,0 | 29,3 | 46,7 | 57,7 | 82,7 | 94,0 | | Operating profit (EBIT) | 22,5 | 13,2 | 27,9 | 38,8 | 59,3 | 67,3 | | Pre-Tax Profit (EBT) | 4,50 | -28,9 | 21,5 | 32,0 | 53,9 | 62,7 | | Net income | 102 | -24,1 | 17,2 | 22,7 | 41,4 | 47,9 | | EPS ( €) | 0,68 | -0,16 | 0,11 | 0,15 | 0,26 | 0,29 | | Dividend per Share ( €) | 0,05 | 0,05 | 0,05 | 0,10 | 0,13 | 0,16 | | Yield | 2,08% | 2,08% | 2,08% | 4,12% | 5,60% | 6,85% | | Announcement Date | 02/11/2011 06:30am | 02/09/2012 06:30am | 02/07/2013 06:30am | - | - | - |
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Actuals in M € |
Estimates in M € |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | - | 19,2 | 6,70 | 129 | 106 | 117 | | Finance | 9,50 | - | - | - | - | - | | Operating income (EBITDA) | 34,0 | 29,3 | 46,7 | 57,7 | 82,7 | 94,0 | Leverage (Debt/EBITDA) | - | 0,66x | 0,14x | 2,24x | 1,28x | 1,25x | | Capital Expenditure | 197 | 28,8 | - | 87,4 | 27,6 | 28,7 | | Book Value Per Share (BVPS) | 2,33 € | 1,98 € | 2,08 € | 2,11 € | 2,23 € | 2,41 € | | Cash Flow per Share | 0,59 € | 0,19 € | 0,30 € | 0,29 € | 0,34 € | 0,40 € | | Announcement Date | 02/11/2011 06:30am | 02/09/2012 06:30am | 02/07/2013 06:30am | - | - | - |
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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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16,2x |
9,38x |
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Capitalization / Revenue
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0,13x |
0,11x |
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EV / Revenue
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0,17x |
0,15x |
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EV / EBITDA
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8,57x |
5,70x |
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Yield (DPS / Price)
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4,12% |
5,60% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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1,35% |
1,86% |
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operating laverage (Delta EBIT / Delta Sales)
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2,42x |
4,71x |
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Net Margin (Net Profit / Revenue)
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0,79% |
1,30% |
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ROA (Net Profit / Asset)
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2,60% |
3,46% |
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ROE (Net Profit / Equities)
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7,78% |
11,7% |
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Rate of Dividend
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66,6% |
52,5% |
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