|
2009 |
2008 |
2007 |
2006 |
2005 |
| Financial and operating data of income statement (€ million) |
|
|
|
|
|
| Revenue |
1,431.4 |
1,500.3 |
1,367.2 |
1,074.5 |
910.7 |
| Earnings before interest, tax and amortisation (EBITA) |
36.2 |
65.0 |
77.3 |
61.7 |
42.3 |
| Operating profit before special items |
29.4 |
58.3 |
71.2 |
61.4 |
42.3 |
| Earnings before interest and tax (EBIT) |
22.4 |
58.3 |
71.2 |
64.2 |
42.7 |
| Financials, net |
(5.0) |
(12.9) |
(5.6) |
(2.2) |
(1.7) |
| Earnings before tax (EBT) |
17.4 |
45.4 |
65.6 |
62.0 |
41.0 |
| Net profit for the year |
10.1 |
31.0 |
47.5 |
43.8 |
30.6 |
|
|
|
|
|
|
| Earnings per share in € per share outstanding (EPS) |
1.48 |
4.55 |
6.82 |
6.20 |
4.19 |
|
|
|
|
|
|
| Financial and operating data of balance sheet (€ million) |
|
|
|
|
|
| Total assets |
620.5 |
604.1 |
542.8 |
464.7 |
364.5 |
| Net investments in property, plant and equipment |
7.8 |
11.2 |
13.8 |
13.8 |
15.4 |
|
|
|
|
|
|
| Share capital outstanding |
105.5 |
90.1 |
93.3 |
93.4 |
97.6 |
| Total equity |
258.7 |
205.0 |
229.0 |
196.4 |
194.9 |
| Interest-bearing liabilities |
150.7 |
232.3 |
151.7 |
133.8 |
69.5 |
| Interest-bearing liabilities, net |
102.8 |
229.0 |
147.0 |
126.0 |
62.0 |
|
|
|
|
|
|
| Financial and operating data for cash flow (€ million) |
|
|
|
|
|
| Cash flow from operating activities |
118.2 |
44.3 |
54.6 |
24.5 |
19.3 |
| Cash flow from investing activities |
(20.4) |
(74.7) |
(59.3) |
(37.5) |
(13.6) |
| Cash flow from financing activities |
23.0 |
11.8 |
25.5 |
(30.2) |
(23.5) |
|
|
|
|
|
|
| Financial ratios (% unless otherwise stated) |
|
|
|
|
|
| Revenue growth |
(4.6) |
9.7 |
27.2 |
18.0 |
6.9 |
| Organic revenue growth |
(12.1) |
5.0 |
15.3 |
17.4 |
6.5 |
| EBITDA margin |
3.4 |
4.9 |
6.2 |
6.5 |
5.4 |
| EBITA margin |
2.5 |
4.3 |
5.7 |
5.7 |
4.6 |
| EBIT margin |
1.6 |
3.9 |
5.2 |
6.0 |
4.7 |
| Operating margin |
0.7 |
2.1 |
3.5 |
4.1 |
3.4 |
|
|
|
|
|
|
| Gearing (interest-bearing liabilities, net/EBITDA), no. of times |
2.1 |
3.1 |
1.7 |
1.8 |
1.3 |
|
|
|
|
|
|
| Return on equity (ROE) |
4.4 |
14.3 |
22.3 |
22.4 |
16.6 |
| Return on equity (ROE) excluding amortisation |
7.3 |
17.4 |
25.2 |
22.5 |
16.6 |
| Return on invested capital (ROIC)* |
4.4 |
8.7 |
13.1 |
13.6 |
12.0 |
| Return on invested capital (ROIC) excl. amortisation* |
6.5 |
10.2 |
14.7 |
13.7 |
12.0 |
| EV/EBITA |
11.5 |
6.2 |
8.6 |
13.0 |
13.8 |
| Equity ratio |
41.7 |
33.9 |
42.2 |
42.3 |
53.5 |
| Intrinsic value in € per share outstanding |
32.9 |
30.5 |
32.9 |
28.2 |
26.8 |
|
|
|
|
|
|
| Share price in € |
46.0 |
25.6 |
74.3 |
95.5 |
72.1 |
| Share price/intrinsic value |
1.40 |
0.84 |
2.26 |
3.39 |
2.69 |
| Dividend in € per share |
0.57 |
2.01 |
2.55 |
2.28 |
1.45 |
| Dividend in % of net profit for the year (payout ratio) |
44.3 |
43.6 |
37.1 |
36.3 |
34.7 |
| Price Earnings (P/E) |
31.1 |
5.6 |
10.9 |
15.4 |
17.2 |
|
|
|
|
|
|
| Share price in DKK |
343 |
191 |
554 |
712 |
538 |
| Dividend in DKK per share |
4.25 |
15.00 |
19.00 |
17.00 |
10.83 |
|
|
|
|
|
|
| Employees |
|
|
|
|
|
| Average number of employees (FTE) |
3,175 |
3,010 |
2,658 |
2,281 |
2,196 |
Haderslevvej 25