Annual results 2017

Income Statement
       

Consolidated, audited key figures

      
        Dec 31, 2017 Dec 31, 2016 Change
(million euro)      

12M

12M

  
Revenue       338.1 318.2 6.3%
Operating Result (EBIT)       29.9 25.1 19.2%
Cash flow from operations (EBITDA) 1       34.2 28.5 20.2%
Financial result       -0.7 -1.3 -44.7%
Profit before taxes       29.1 23.7 22.8%
Taxes       -8.8 -6.8 29.0%
Net income continuing operations       20.4 16.9 20.3%
Result from assets held for sale       0.0 -0.2 109.3%
Result of companies consolidated under equity method       0.6 0.3  
Result attributable to Non Controlling Interest       -0.1 -0.2  
Net income (Group share in the profit)       21.1 17.1 23.3%
Net cash flow 2       25.5 20.5 24%
             
Balance sheet       
Consolidated, audited key figures      
        Dec 31, 2017 Dec 31, 2016 Change
(million euro)       12M 12M  
Equity       113.5 100.2 13.2%
Net financial debt (+)/Net cash (-)       -23.0 -3.2 627.0%
Assets held for sale       0.4 0.5 -12.0%
Total assets       231.9 210.6 10.1%
             
Consolidated, audited key figures per share      
        Dec 31, 2017 Dec 31, 2016 Change
(euro)       12M 12M  
Cash flow from operations (EBITDA) 1       4.38 3.64 20.3%
Profit before taxes       3.73 3.04 22.7%
Net profit share of the Group (EPS)       2.70 2.19 23.3%
Net cash flow 2       3.26 2.63 24.0%
Equity       14.52 12.82 13.3%
Number of shares (end of period)       7'818'999 7'818'999  
Number of shares (average)       7'818'999 7'818'999  

 

1 EBITDA = earnings before interest, taxes, depreciation and amortization; This is operating profit plus depreciation and amounts written off on stocks, trade debtors, impairment losses and provisions for liabilities and charges.


2 The net cash flow is the net income (Group share in the profit) excluding depreciation, amounts written off on stocks, trade debtors, impairment losses and provisions for liabilities and charges.