183.4
Revenue€M
264.4
276.1
290.3
303.1
321.4
337.8
355.4
383.3
402.4
430.8
189.2
6.03%
5.58%
64
16.60
Revenue growth%
15.53
14.76
15.52
14.57
12.07
12.45
10.07
12.02
10.72
13.63
5.54
12.02
13.04
20
16.23
Gross margin%
11.79
11.58
10.06
10.37
10.30
13.17
15.93
14.81
15.20
17.51
26.22
15.20
12.48
10
7.58
Operating margin%
3.10
4.80
4.24
3.59
3.79
5.48
6.07
8.27
10.13
11.01
3.86
8.27
5.14
35
28.87
Net margin%
21.09
22.41
20.53
19.08
20.75
23.23
22.88
25.64
26.40
28.43
7.45
25.64
22.65
54
22.96
P/E ratio (avg)x
22.85
24.60
26.56
26.41
24.04
23.16
22.65
22.53
21.69
21.15
12.93
22.53
23.01
80
32.14
EV/EBITx
28.63
30.30
28.30
29.54
31.04
31.26
31.84
29.29
26.49
28.40
29.69
29.29
29.42
9
9.24
FCF yield (avg)%
8.94
9.81
10.48
13.38
15.61
13.10
15.70
16.01
15.19
12.96
17.44
15.19
13.24
25
27.90
FCF margin%
32.33
30.88
29.83
28.61
31.18
32.98
33.27
34.20
35.06
34.59
2.79
34.20
32.66
91
1.193
FCF / Net incomex
1.606
1.591
1.552
1.697
1.591
1.796
1.735
1.588
1.649
1.843
1.416
1.735
1.627
85
26.74
ROIC%
19.46
21.33
19.96
19.92
18.89
21.19
20.76
18.03
16.52
14.74
17.47
18.03
19.69
69
27.45
Return on equity%
18.52
15.97
13.66
13.99
16.22
16.01
16.70
19.02
16.29
17.13
19.32
16.70
16.26
47
8.18
Return on assets%
15.58
13.28
12.93
10.37
11.54
8.87
8.56
9.04
7.42
6.17
11.13
8.56
9.71
6
0.93
EPS€
2.51
2.57
2.75
2.57
2.50
2.48
2.58
2.80
2.66
2.94
0.95
3.32%
2.55%
—
22.07
EPS growth%
5.29
5.01
5.87
4.61
4.14
5.89
7.93
10.80
9.10
8.83
25.36
8.83
5.88
48
4.05
Bookvalue per sh€
3.34
3.50
3.09
3.36
3.52
3.49
3.25
3.51
3.70
3.42
1.59
(0.56%)
0.68%
—
3.09
FCF per share€
1.33
1.42
1.31
1.46
1.45
1.51
1.61
1.64
1.49
1.41
1.07
(0.54%)
1.67%
—
3.36
Dividend per sh€
8.11
9.10
10.38
12.25
12.02
13.01
13.33
15.67
18.13
18.12
2.79
8.57%
9.38%
—
5.96
Div yield (avg)%
18.80
19.92
20.74
18.67
16.55
15.19
12.57
11.73
10.79
10.77
20.91
11.73
15.87
90
29.77
Payout ratio%
12.03
13.62
14.87
16.07
18.15
18.54
20.67
18.23
16.62
14.64
7.24
18.23
16.35
50
50.47
Shares (diluted)M
58.44
64.82
64.33
68.51
69.24
77.75
86.60
83.72
92.23
108.6
49.16
9.41%
6.36%
72
22.51
Buyback yield%
24.35
21.66
22.72
22.34
24.25
25.93
26.72
28.37
28.47
30.91
28.97
28.37
25.14
77
0.955
D/E ratiox
1.695
1.887
2.130
2.106
2.036
2.249
2.431
2.926
3.306
3.756
0.986
2.926
2.190
51
27.72
Enterprise value€M
55.03
54.22
53.21
57.33
63.26
58.24
58.66
61.19
67.95
62.11
50.17
(0.37%)
1.68%
21
67.60
LT debt€M
280.0
285.8
328.4
340.8
369.8
408.6
427.8
432.0
474.7
487.1
312.2
5.66%
5.54%
44
Revenue
€430.8M
5.58%
1.00×
Cost of revenue
€291.1M
5.59%
1.00×
Operating expenses
€86.64M
5.62%
1.00×
Goodwill & intangibles
18.48%
Property and equipment
17.62%
Spread over hurdle
(1.23%)