3.1
Facts and figures 2018

2018 in brief




 

Key figures

 

(in euro, unless stated otherwise)

  2018 2017 2016 2015
Results (in millions of euro)
Net turnover 1,094.3 1,068.5 1,048.2 986.4
Operating profit (EBIT) 33.0 38.0 60.4 58.5
Net profit 20.3 10.5 32.3 32.3
Free cash flow 1 15.9 -4.9 61.3 -31.2
 
Balance sheet data (in millions of euro)
Group equity 322.4 299.3 319.4 305.9
Net debt 151.8 161.0 147.3 200.0
Balance sheet total 5 761.9 705.3 703.4 731.7
Capital employed 2 513.7 486.2 494.1 532.3
 
Ratios (in %)
EBIT/Capital employed 6.4 7.8 12.2 11.0
Operating profit/turnover 3.0 3.6 5.8 5.9
Net profit/turnover 1.9 1.0 3.1 3.3
Working capital/turnover 26.4 29.5 29.2 34.2
 
Data per share 3
Number of issued shares at year-end 26,597,354 26,255,179 25,834,236 25,270,327
Weighted average number of issued shares 26,474,308 26,101,222 25,623,405 25,116,249
Net profit 0.77 0.40 1.23 1.22
Free cash flow 1 0.60 -0.19 2.33 -1.18
Group equity 12.18 11.33 12.13 11.61
Dividend 4 0.50 0.49 0.68 0.65
 
Average number of employees (fte) 3,327 3,088 3,124 3,371
1) Free cash flow is defined as the balance of the net cash flow from operating- and investing activities.
2) Capital employed is the balance sheet total minus cash and cash equivalents and current non-interest bearing obligations (including current part of provisions).
3) The data per share are calculated based on the weighted average number of issued shares. The data per share for the years 2015-2017 have been adjusted for the dilution resulting from the issue of stock dividend charged to the share premium reserve in accordance with the International Financial Reporting Standards (IAS33). The adjustment factor that was applied in the reporting year for 2017 and for previous years is 0.98816.
4) The dividend per share relating to the financial year 2018 concerns the proposal to be submitted to the General Meeting of Shareholders.
5) Balance sheet total 2016 is determined after offsetting the balances in the notional cash pooling arrangements.