Key figures
Key figures are calculated applying IFRS recognition and measurement principles.
IFRS Change IFRS Change IFRS Change IFRS Change IFRS
2013 % 2012 % 2011 % 2010 % 2009
Key figures describing economic development
Revenue M€ 300.2 -6.2 320.1 1.2 316.2 1.6 311.4 1.1 307.8
Operating profit M€ 27.0 1.9 26.5 -36.9 42.0 -3.3 43.4 7.4 40.4
% of revenue % 9.0 8.3 13.3 13.9 13.1
Operating profit excluding non-recurring items M€ 24.2 -27.8 33.5 -22.0 42.9 -2.2 43.9 2.6 42.8
% of revenue % 8.0 10.5 13.6 14.1 13.9
Profit before tax M€ 22.4 -5.4 23.7 -43.6 42.0 -6.6 45.0 13.2 39.7
Profit excluding non-recurring items M€ 24.5 -31.0 35.6 -17.1 42.9 -6.0 45.7 8.4 42.1
Profit for the period M€ 16.0 -8.2 17.4 -43.5 30.8 -7.1 33.2 17.3 28.3
Return on equity (ROE) % 18.3 -4.9 19.3 -33.9 29.1 -7.9 31.6 2.6 30.8
Return on investment (ROI) % 10.1 -26.6 13.8 -46.4 25.7 -16.4 30.7 9.4 28.1
Net financial expenses M€ 0.5 -131.3 -1.5 -158.5 2.5 -375.1 -0.9 -369.4 0.3
Net financial expenses, % of revenue % 0.2 -0.5 0.8 -0.3 0.1
Share of profit of associated companies M€ -4.1 -3.4 -4.3 -268.1 2.5 271.3 0.7 -315.3 -0.3
Balance sheet total M€ 272.8 11.3 245.1 23.8 198.0 7.3 184.5 19.5 154.4
Capital expenditure M€ 62.8 -43.5 111.3 1,671.6 6.3 -51.4 12.9 57.0 8.2
Capital expenditure, % of revenue % 20.9 34.8 2.0 4.1 2.7
Research and development costs M€ 5.3 29.0 4.1 -10.0 4.6 13.6 4.0 346.8 0.9
Research and development costs, % of revenue % 1.8 1.3 1.4 1.3 0.3
Equity ratio % 34.9 36.5 57.0 67.1 66.9
Gearing % 108.0 74.1 -33.4 -28.2 -17.3
Interest-bearing net debt M€ 97.6 62.3 -32.3 -32.4 -16.5
Interest-bearing liabilities M€ 109.9 38.5 79.4 210.9 25.5 539.0 4.0 -13.2 4.6
Non-interest-bearing liabilities M€ 72.4 -11.4 81.8 8.0 75.7 15.2 65.7 19.7 54.9
Average no. of employees, calculated as full-time employees, excl. delivery staff 1,965 2.8 1,911 5.3 1,816 0.6 1,806 -4.4 1,888
Delivery staff total (no. of employees) 998 -0.8 1,006 4.7 961 -0.1 962 -0.7 969
Per share data
Earnings per share 0.20 0.22 0.39 0.44 0.38
Cash flow from operating activities / share 0.32 0.33 0.67 0.62 0.58
Shareholders’ equity per share 1.17 1.08 1.24 1.50 1.27
Dividend per share 0,10 *) 0.10 0.40 0.70 0.40
Payout ratio % 50.2 45.4 102.8 160.0 106.0
Effective dividend yield % 3.3 2.2 6.5 8.5 5.3
P/E Ratio 15.0 20.6 15.8 18.9 19.8
Share prices
Highest 5.00 6.80 9.44 8.46 8.94
Lowest 2.49 4.35 5.40 6.00 4.50
On 31 Dec 2.99 4.55 6.14 8.28 7.48
Market capitalisation M€ 225.7 343.5 463.5 621.4 558.1
Turnover of shares, total kpcs 8,130 5,066 10,034 14,839 38,290
Relative turnover of shares, total % 10.8 6.7 13.3 19.8 51.3
Average no. of shares (1,000 shares), basic kpcs 75,487 75,487 75,339 74,894 74,613
Average no. of shares (1,000 shares), diluted kpcs 75,487 75,661 75,772 75,086 74,859
No. of shares on 31 December kpcs 75,487 75,487 75,487 75,053 74,613
*) Proposal of the Board of Directors to the Annual General Meeting, capital repayment EUR 0.10
In addition, the Board proposes to the Annual General Meeting that it be given an authorisation to make an additional capital repayment of no more than EUR 0.10 per share.

Annual Review 2013

Financial Statements 2013

More information