Our Business
Key Figures
Net sales
719
719
630
686
613
Gross profit
440
455
391
439
387
Operating expenses (excl. other income)
373
360
338
341
304
EBITDA
114
149
93
141
107
EBITDA before special items
128
149
93
150
115
EBIT
65
97
28
98
79
Net profit
43
66
8
69
80
Sales Growth
Sales growth USD %
0
14
(8)
12
8
- Organic growth %
4
10
(10)
5
5
- Currency effect %
(7)
3
0
(4)
1
- Acquired/divested business %
3
1
2
11
2
Balance Sheet
Total assets
1,325
1,247
1,214
1,091
914
Equity
636
627
577
569
538
Net interest-bearing debt (NIBD)
404
363
381
302
180
Cash Flow
Cash generated by operations
92
128
119
120
92
Free cash flow
35
74
68
63
39
Key Ratios
Gross profit margin %
61
63
62
64
63
EBIT margin %
9
14
4
14
13
EBITDA margin %
16
21
15
21
18
EBITDA margin before special items %
18
21
15
22
19
Equity ratio %
48
50
48
52
59
NIBD to EBITDA
3.2
2.4
4.1
2.0
1.6
Effective tax rate %
23
24
38
24
18
Return on equity %
7
11
1
12
15
CAPEX to net sales %
3.6
3.7
3.8
4.6
5.0
Full time employees at period end
3,892
3,761
3,385
3,449
3,147
Full time employees on average
3,866
3,688
3,505
3,382
2,775
Market
Market value of equity
2,035
2,724
3,380
3,340
2,055
Number of shares in Millions
423
423
423
425
431
EPS in US cents
10.3
15.6
1.9
16.3
18.8
Diluted EPS in US cents
10.3
15.5
1.9
16.2
18.7
Net sales
Gross profit
Operating expenses (excl. other income)
EBITDA
EBITDA before special items
EBIT
Net profit
Sales Growth
Sales growth USD %
- Organic growth %
- Currency effect %
- Acquired/divested business %
Balance Sheet
Total assets
Equity
Net interest-bearing debt (NIBD)
Cash Flow
Cash generated by operations
Free cash flow
Key Ratios
Gross profit margin %
EBIT margin %
EBITDA margin %
EBITDA margin before special items %
Equity ratio %
NIBD to EBITDA
Effective tax rate %
Return on equity %
CAPEX to net sales %
Full time employees at period end
Full time employees on average
Market
Market value of equity
Number of shares in Millions
EPS in US cents
Diluted EPS in US cents
*Financial Highlights and Key Ratios