| Income Statement Evolution | |
|
|
| Annual Income Statement Data |
|
|
Actuals in M € |
Estimates in M € |
|
Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 985 | 1 139 | 1 049 | 1 096 | 1 151 | 1 195 | | Operating income (EBITDA) | 120 | 138 | 97,1 | 117 | 131 | 148 | | Operating profit (EBIT) | 74,6 | 89,6 | 45,5 | 70,0 | 84,5 | 101 | | Pre-Tax Profit (EBT) | 64,6 | 78,3 | 25,4 | 61,0 | 79,0 | 94,0 | | Net income | 46,0 | 58,7 | 22,3 | 39,2 | 49,8 | 63,5 | | EPS ( €) | 1,82 | 2,28 | 0,86 | 1,57 | 1,95 | 2,28 | | Dividend per Share ( €) | 0,75 | 0,95 | 0,50 | 0,72 | 0,84 | 0,90 | | Yield | 4,03% | 5,10% | 2,69% | 3,87% | 4,52% | 4,85% | | Announcement Date | 03/02/2011
07:01am | 02/29/2012
07:00am | 03/01/2013
07:00am | - | - | - |
|
|
|
|
Actuals in M € |
Estimates in M € |
|
Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 241 | 289 | 230 | 204 | 158 | 123 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 120 | 138 | 97,1 | 117 | 131 | 148 | Leverage
(Debt/EBITDA) | 2,01x | 2,10x | 2,37x | 1,74x | 1,21x | 0,83x | | Capital Expenditure | 16,2 | 21,3 | 9,40 | 30,2 | 36,0 | 41,0 | | Book Value Per Share (BVPS) | 16,9 € | 18,0 € | 17,3 € | 18,8 € | 20,0 € | 21,1 € | | Cash Flow per Share | 1,15 € | 1,92 € | 3,91 € | 2,98 € | 3,49 € | - | | Announcement Date | 03/02/2011
07:01am | 02/29/2012
07:00am | 03/01/2013
07:00am | - | - | - |
|
Assessed data source :
© 2013 Thomson Reuters |
|
|
|
|
|
|
Valuation |
2013e |
2014e |
|
PER (Price / EPS)
|
11,8x |
9,56x |
|
Capitalization / Revenue
|
0,45x |
0,43x |
|
EV / Revenue
|
0,64x |
0,57x |
|
EV / EBITDA
|
5,96x |
4,99x |
|
Yield (DPS / Price)
|
3,87% |
4,52% |
| Profitability |
2013e |
2014e |
|
Operating Margin (EBIT / Sales)
|
6,39% |
7,34% |
|
operating laverage (Delta EBIT / Delta Sales)
|
12,1x |
4,06x |
|
Net Margin (Net Profit / Revenue)
|
3,58% |
4,33% |
|
ROA (Net Profit / Asset)
|
19,2% |
18,0% |
|
ROE (Net Profit / Equities)
|
9,11% |
10,7% |
|
Rate of Dividend
|
45,8% |
43,2% |
|
|
|
