Market Closed -
Euronext Paris
16:35:04 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
65.75
EUR
|
+3.30%
|
|
+3.06%
|
+6.74%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
13,997
|
13,451
|
14,686
|
10,791
|
12,526
|
13,373
|
-
|
-
|
Enterprise Value (EV)
1 |
15,118
|
16,723
|
15,857
|
10,791
|
12,526
|
13,878
|
13,361
|
12,802
|
P/E ratio
|
14.7
x
|
14.8
x
|
10.7
x
|
10
x
|
10.8
x
|
11
x
|
10.3
x
|
9.66
x
|
Yield
|
4.43%
|
4.34%
|
5.65%
|
7.74%
|
6.66%
|
6.33%
|
6.53%
|
6.82%
|
Capitalization / Revenue
|
5.17
x
|
5.18
x
|
4.58
x
|
3.44
x
|
3.91
x
|
3.99
x
|
3.81
x
|
3.63
x
|
EV / Revenue
|
5.58
x
|
6.44
x
|
4.95
x
|
3.44
x
|
3.91
x
|
4.15
x
|
3.81
x
|
3.48
x
|
EV / EBITDA
|
10.7
x
|
13.3
x
|
9.51
x
|
-
|
-
|
8.47
x
|
7.71
x
|
7
x
|
EV / FCF
|
16.1
x
|
13.8
x
|
8.31
x
|
-
|
-
|
11.3
x
|
10.5
x
|
9.47
x
|
FCF Yield
|
6.2%
|
7.22%
|
12%
|
-
|
-
|
8.86%
|
9.54%
|
10.6%
|
Price to Book
|
1.58
x
|
1.39
x
|
1.38
x
|
-
|
-
|
1.14
x
|
1.11
x
|
1.07
x
|
Nbr of stocks (in thousands)
|
200,243
|
201,362
|
202,433
|
203,604
|
203,350
|
203,389
|
-
|
-
|
Reference price
2 |
69.90
|
66.80
|
72.55
|
53.00
|
61.60
|
65.75
|
65.75
|
65.75
|
Announcement Date
|
12/02/20
|
10/02/21
|
09/02/22
|
08/02/23
|
07/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,707
|
2,595
|
3,204
|
3,137
|
3,204
|
3,347
|
3,511
|
3,680
|
EBITDA
1 |
1,409
|
1,257
|
1,667
|
-
|
-
|
1,639
|
1,734
|
1,829
|
EBIT
1 |
1,331
|
1,255
|
1,670
|
1,466
|
1,498
|
1,571
|
1,666
|
1,764
|
Operating Margin
|
49.17%
|
48.36%
|
52.12%
|
46.73%
|
46.75%
|
46.92%
|
47.47%
|
47.94%
|
Earnings before Tax (EBT)
1 |
1,295
|
1,224
|
1,658
|
1,403
|
1,511
|
1,600
|
1,705
|
1,808
|
Net income
1 |
959
|
910
|
1,369
|
1,074
|
1,165
|
1,214
|
1,295
|
1,383
|
Net margin
|
35.43%
|
35.07%
|
42.73%
|
34.24%
|
36.36%
|
36.28%
|
36.9%
|
37.59%
|
EPS
2 |
4.750
|
4.500
|
6.750
|
5.280
|
5.710
|
5.998
|
6.394
|
6.804
|
Free Cash Flow
1 |
936.7
|
1,208
|
1,908
|
-
|
-
|
1,230
|
1,274
|
1,352
|
FCF margin
|
34.6%
|
46.54%
|
59.54%
|
-
|
-
|
36.74%
|
36.29%
|
36.74%
|
FCF Conversion (EBITDA)
|
66.48%
|
96.04%
|
114.48%
|
-
|
-
|
75.03%
|
73.49%
|
73.91%
|
FCF Conversion (Net income)
|
97.67%
|
132.72%
|
139.36%
|
-
|
-
|
101.29%
|
98.35%
|
97.73%
|
Dividend per Share
2 |
3.100
|
2.900
|
4.100
|
4.100
|
4.100
|
4.164
|
4.293
|
4.484
|
Announcement Date
|
12/02/20
|
10/02/21
|
09/02/22
|
08/02/23
|
07/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
1,619
|
791
|
794
|
835
|
754
|
1,589
|
758
|
790
|
1,548
|
794
|
823
|
780
|
806
|
824
|
841.6
|
835.1
|
857
|
882.1
|
EBITDA
1 |
-
|
409.3
|
421.3
|
-
|
340.3
|
-
|
349.3
|
-
|
-
|
-
|
-
|
-
|
-
|
392.1
|
435.6
|
407.4
|
429.1
|
429.7
|
EBIT
1 |
-
|
409
|
406
|
412
|
332
|
744
|
343
|
378
|
722
|
369
|
393
|
356
|
381
|
385
|
399.7
|
389.5
|
405
|
422.8
|
Operating Margin
|
-
|
51.71%
|
51.13%
|
49.34%
|
44.03%
|
46.82%
|
45.25%
|
47.85%
|
46.64%
|
46.47%
|
47.75%
|
45.64%
|
47.27%
|
46.72%
|
47.49%
|
46.64%
|
47.26%
|
47.93%
|
Earnings before Tax (EBT)
1 |
-
|
423
|
396
|
-
|
292
|
-
|
337
|
375
|
-
|
370
|
398
|
356
|
387
|
393
|
437.8
|
410
|
432.3
|
433.4
|
Net income
1 |
744
|
321
|
304
|
302
|
224
|
527
|
261
|
286
|
547
|
285
|
305
|
276
|
299
|
303
|
331.9
|
311.1
|
327.7
|
328.7
|
Net margin
|
45.95%
|
40.58%
|
38.29%
|
36.17%
|
29.71%
|
33.17%
|
34.43%
|
36.2%
|
35.34%
|
35.89%
|
37.06%
|
35.38%
|
37.1%
|
36.77%
|
39.43%
|
37.25%
|
38.24%
|
37.26%
|
EPS
2 |
-
|
1.584
|
1.493
|
1.500
|
1.105
|
2.597
|
1.285
|
-
|
-
|
1.400
|
1.496
|
1.350
|
1.460
|
1.480
|
1.625
|
1.525
|
1.601
|
1.606
|
Dividend per Share
2 |
-
|
-
|
4.100
|
-
|
-
|
-
|
-
|
4.100
|
4.100
|
-
|
-
|
-
|
4.100
|
-
|
-
|
-
|
4.126
|
-
|
Announcement Date
|
30/07/21
|
04/11/21
|
09/02/22
|
29/04/22
|
29/07/22
|
29/07/22
|
28/10/22
|
08/02/23
|
08/02/23
|
28/04/23
|
28/07/23
|
27/10/23
|
07/02/24
|
26/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,121
|
3,272
|
1,170
|
-
|
-
|
505
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
12
|
571
|
Leverage (Debt/EBITDA)
|
0.7952
x
|
2.602
x
|
0.7021
x
|
-
|
-
|
0.3081
x
|
-
|
-
|
Free Cash Flow
1 |
937
|
1,208
|
1,908
|
-
|
-
|
1,230
|
1,274
|
1,352
|
ROE (net income / shareholders' equity)
|
11.6%
|
9.79%
|
13.5%
|
-
|
-
|
11.3%
|
11.5%
|
11.7%
|
ROA (Net income/ Total Assets)
|
4.46%
|
3.42%
|
4.76%
|
-
|
-
|
3.75%
|
3.83%
|
4%
|
Assets
1 |
21,480
|
26,577
|
28,791
|
-
|
-
|
32,391
|
33,818
|
34,548
|
Book Value Per Share
2 |
44.10
|
47.90
|
52.60
|
-
|
-
|
57.80
|
59.30
|
61.40
|
Cash Flow per Share
2 |
4.870
|
6.250
|
9.640
|
-
|
-
|
6.100
|
6.430
|
6.820
|
Capex
1 |
45.3
|
56.4
|
47.3
|
-
|
-
|
51.7
|
54.6
|
57.8
|
Capex / Sales
|
1.67%
|
2.17%
|
1.48%
|
-
|
-
|
1.54%
|
1.56%
|
1.57%
|
Announcement Date
|
12/02/20
|
10/02/21
|
09/02/22
|
08/02/23
|
07/02/24
|
-
|
-
|
-
|
Last Close Price
65.75
EUR Average target price
74.8
EUR Spread / Average Target +13.76% Consensus |
1st Jan change
|
Capi.
|
---|
| +6.74% | 14.28B | | -6.44% | 88.47B | | +15.32% | 84.55B | | +12.36% | 26.01B | | -6.65% | 17.28B | | -16.11% | 13.16B | | +16.00% | 9.52B | | +26.11% | 8.75B | | +27.22% | 7.13B | | +7.48% | 5.32B |
Investment Management
|