| Net sales |
630 |
686 |
613 |
569 |
521 |
| Gross profit |
391 |
439 |
387 |
355 |
328 |
| Operating expenses (excl. other income) |
338 |
341 |
304 |
280 |
256 |
| EBITDA |
93 |
141 |
107 |
97 |
94 |
| EBITDA adjusted |
93 |
150 |
115 |
103 |
98 |
| EBIT |
28 |
78 |
79 |
75 |
72 |
| Net profit |
8 |
69 |
80 |
58 |
51 |
| Sales growth |
|
|
|
|
|
| Sales growth USD % |
(8) |
12 |
8 |
9 |
8 |
| - Organic growth in LCY % |
(10) |
5 |
5 |
5 |
4 |
| - Currency effect % |
0 |
(4) |
1 |
0 |
(1) |
| - Acquired/divested business % |
2 |
11 |
2 |
4 |
5 |
| Balance Sheet |
|
|
|
|
|
| Total assets |
1,214 |
1,091 |
914 |
793 |
746 |
| Equity |
577 |
569 |
538 |
500 |
467 |
| Net interest-bearing debt (NIBD) |
381 |
302 |
180 |
121 |
119 |
| Cash Flow |
|
|
|
|
|
| Cash generated by operations |
119 |
120 |
92 |
90 |
88 |
| Free cash flow |
68 |
63 |
39 |
55 |
42 |
| Key ratios |
|
|
|
|
|
| Gross profit margin % |
62 |
64 |
63 |
62 |
63 |
| EBIT margin % |
4 |
14 |
13 |
13 |
14 |
| EBITDA margin % |
15 |
21 |
18 |
17 |
18 |
| EBITDA margin before special items % |
15 |
22 |
19 |
18 |
19 |
| Equity ratio % |
48 |
52 |
59 |
63 |
63 |
| Net debt to EBITDA |
4.1 |
2.0 |
1.6 |
1.2 |
1.2 |
| Effective tax rate % |
38 |
24 |
18 |
16 |
25 |
| Return on equity % |
1 |
12 |
15 |
12 |
11 |
| CAPEX / Net sales % |
3.8 |
4.6 |
5.0 |
3.4 |
4.7 |
| Full time employees on average |
3,505 |
3,382 |
2,775 |
2,948 |
2,710 |
| Market |
|
|
|
|
|
| Market value of equity |
3,380 |
3,340 |
2,055 |
1,871 |
1582 |
| Number of shares in Millions |
423 |
425 |
431 |
437 |
443 |
| Diluted EPS in US cents |
1.9 |
16.2 |
18.7 |
13.3 |
11.6 |