439.3
Revenue€M
441.3
455.4
486.0
503.0
542.2
579.3
604.0
636.8
668.4
696.1
477.5
5.12%
5.35%
76
8.89
Revenue growth%
13.93
14.40
11.90
10.72
9.98
7.59
7.74
10.09
12.49
15.14
12.15
10.09
11.31
48
14.79
Gross margin%
7.68
9.28
11.63
14.60
13.24
14.16
12.11
12.48
14.54
15.08
26.60
14.16
12.86
34
4.19
Operating margin%
15.79
15.93
17.57
19.72
19.61
20.35
19.97
17.92
19.21
16.24
11.28
19.21
18.56
85
21.08
Net margin%
4.31
1.78
0.40
0.40
0.40
0.40
0.40
1.94
4.66
2.48
5.63
1.94
1.09
68
20.84
P/E ratio (avg)x
25.30
23.13
22.48
23.23
23.04
23.54
25.54
25.39
25.78
27.31
33.12
25.54
24.42
68
21.07
EV/EBITx
8.811
10.15
10.79
10.95
12.47
12.83
14.47
15.36
15.07
16.14
34.18
15.07
12.65
49
7.39
FCF yield (avg)%
10.14
12.51
11.79
9.80
11.29
10.85
8.76
8.81
8.40
7.27
25.45
8.76
9.97
61
28.38
FCF margin%
31.34
28.79
31.17
30.73
31.90
34.79
36.34
34.53
34.11
32.51
27.77
34.53
32.20
25
1.439
FCF / Net incomex
1.337
1.398
1.609
1.496
1.472
1.459
1.492
1.425
1.481
1.433
0.572
1.459
1.466
65
21.30
ROIC%
12.96
11.29
9.05
8.81
8.42
6.95
5.70
8.13
9.19
11.32
24.14
8.13
8.93
46
14.27
Return on equity%
20.32
22.06
19.90
22.21
22.90
25.06
24.86
27.54
26.90
26.48
29.06
26.48
23.88
20
7.07
Return on assets%
17.12
15.09
16.81
18.15
17.18
14.38
11.47
13.27
14.31
13.09
18.96
13.27
14.73
33
9.40
EPS€
9.99
9.12
9.06
8.82
9.02
9.16
9.74
9.39
9.74
9.88
10.41
1.83%
0.92%
—
16.10
EPS growth%
33.86
32.21
33.07
30.18
31.82
32.56
33.44
35.44
32.52
35.18
9.99
33.44
32.82
28
8.63
Bookvalue per sh€
5.14
4.34
4.63
4.79
4.85
5.24
4.69
4.14
3.65
3.63
7.11
(5.64%)
(2.93%)
—
2.32
FCF per share€
11.03
11.28
10.71
11.91
12.09
13.83
15.21
15.71
15.14
13.74
3.47
2.59%
3.38%
—
4.62
Dividend per sh€
3.22
3.44
3.91
4.22
4.66
5.43
5.14
5.53
6.50
6.54
6.75
7.03%
7.11%
—
16.83
Div yield (avg)%
18.59
18.36
15.78
18.07
19.27
20.61
20.05
17.96
19.18
19.33
14.15
19.33
18.89
11
24.67
Payout ratio%
21.77
19.18
19.24
18.11
17.71
18.01
17.29
17.83
15.12
13.72
21.01
17.29
17.92
80
50.04
Shares (diluted)M
62.02
64.35
70.39
73.00
79.28
89.11
88.05
100.6
109.4
128.1
51.06
10.07%
7.54%
26
4.96
Buyback yield%
0.92
1.65
4.01
6.00
6.70
6.72
9.30
6.91
9.70
12.00
23.42
9.30
6.71
29
0.657
D/E ratiox
0.902
1.023
1.097
1.078
1.163
1.070
1.087
1.211
1.169
1.327
0.921
1.169
1.092
88
151.1
Enterprise value€M
50.30
45.09
47.18
41.47
38.97
41.96
37.12
36.32
36.69
35.91
412.0
(1.62%)
(3.10%)
33
408.6
LT debt€M
216.6
211.9
226.5
215.1
194.3
206.7
230.7
210.7
230.5
222.3
369.8
2.73%
0.32%
13
Revenue
€696.1M
5.35%
1.00×
Cost of revenue
€487.2M
5.50%
1.01×
Operating expenses
€153.5M
5.26%
0.99×
Goodwill & intangibles
15.07%
Spread over hurdle
22.88%