Key figures
Key figures are calculated applying IFRS recognition and measurement principles.
IFRS Change IFRS Change IFRS Change IFRS Change IFRS
MEUR 2014 % 2013 % 2012 % 2011 % 2010
Key figures describing economic development
Revenue M€ 295.4 -1.6 300.2 -6.2 320.1 1.2 316.2 1.6 311.4
Operating profit M€ 20.7 -23.5 27.0 1.9 26.5 -36.9 42.0 -3.3 43.4
% of revenue % 7.0 9.0 8.3 13.3 13.9
Operating profit excluding
non-recurring items
M€ 21.1 -12.5 24.2 -27.8 33.5 -22.0 42.9 -2.2 43.9
% of revenue % 7.2 8.0 10.5 13.6 14.1
Profit before tax M€ 19.7 -12.1 22.4 -5.4 23.7 -43.6 42.0 -6.6 45.0
Profit excluding non-recurring items M€ 20.2 -17.8 24.5 -31.0 35.6 -17.1 42.9 -6.0 45.7
Profit for the period M€ 15.7 -1.7 16.0 -8.2 17.4 -43.5 30.8 -7.1 33.2
Return on equity (ROE) **) % 16.4 -11.7 18.6 -3.7 19.3 -33.9 29.1 -7.9 31.6
Return on investment (ROI) **) % 9.8 -2.2 10.0 -27.6 13.8 -46.3 25.7 -16.4 30.7
Net financial expenses M€ 2.7 485.4 0.5 -131.3 -1.5 -158.5 2.5 -375.1 -0.9
Net financial expenses,
% of revenue
% 0.9 0.2 -0.5 0.8 -0.3
Share of profit of associated
companies
M€ 1.7 142.2 -4.1 -3.4 -4.3 -268.1 2.5 271.3 0.7
Balance sheet total **) M€ 256.1 -5.4 270.7 10.4 245.1 23.8 198.0 7.3 184.5
Capital expenditure M€ 14.4 -77.1 62.8 -43.6 111.3 1666.7 6.3 -51.2 12.9
Capital expenditure,
% of revenue
% 4.9 20.9 34.8 2.0 4.1
Research and development
costs
M€ 5.5 3.8 5.3 29.0 4.1 -10.0 4.6 33.0 4.0
Research and development
costs, % of revenue
% 1.9 1.8 1.3 1.4 1.3
Equity ratio **) % 42.6 34.4 36.5 57.0 67.1
Gearing **) % 68.5 110.5 74.1 -33.4 -28.2
Interest-bearing net debt M€ 71.1 97.6 62.3 -32.3 -32.4
Interest-bearing liabilities M€ 83.0 -24.5 109.9 38.5 79.4 210.9 25.5 539.0 4.0
Non-interest-bearing liabilities M€ 69.4 -4.1 72.4 -11.4 81.8 8.0 75.7 15.2 65.7
Average no. of employees,
calculated as full-time
employees, excl. delivery staff
1,828 -7.1 1,969 3.0 1,911 5.3 1,816 0.6 1,806
Delivery staff total
(no. of employees)
985 -1.4 998 -0.8 1,006 4.7 961 -0.1 962
Per share data
Earnings per share 0.19 0.20 0.22 0.39 0.44
Cash flow from operating
activities / share
0.35 0.32 0.33 0.67 0.62
Shareholders’ equity
per share **)
1.17 1.14 1.08 1.24 1.50
Dividend per share *) 0.10 0.10 0.40 0.70
Payout ratio % 50.2 45.4 102.8 160.0
Effective dividend yield % 3.3 2.2 6.5 8.5
P/E Ratio 14.6 15.0 20.6 15.8 18.9
Share prices
Highest 3.16 5.00 6.80 9.44 8.46
Lowest 2.55 2.49 4.35 5.40 6.00
On 31 Dec 2.75 2.99 4.55 6.14 8.28
Market capitalisation M€ 207.6 225.7 343.5 463.5 621.4
Turnover of shares, total kpcs 5,977 8,130 5,066 10,034 14,839
Relative turnover of
shares, total
% 7.9 10.8 6.7 13.3 19.8
Average no. of shares
(1,000 shares), basic
kpcs 75,487 75,487 75,487 75,339 74,894
Average no. of shares
(1,000 shares), diluted
kpcs 75,487 75,487 75,661 75,772 75,086
No. of shares on 31 December kpcs 75,487 75,487 75,487 75,487 75,053
*) Proposal of the Board of Directors to the Annual General Meeting, capital repayment EUR 0.12

Annual Review 2014

Financial Statements 2014

More information