Market Closed -
London S.E.
14:31:25 23/02/2023 GMT
|
5-day change
|
1st Jan Change
|
100.6
USD
|
+1.15%
|
|
+17.34%
|
+16.86%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
10,577
|
12,761
|
13,935
|
10,777
|
10,077
|
10,362
|
-
|
-
|
Enterprise Value (EV)
1 |
11,364
|
13,611
|
15,596
|
12,534
|
11,512
|
11,897
|
11,879
|
11,806
|
P/E ratio
|
18.7
x
|
25.2
x
|
17.1
x
|
12.4
x
|
31.8
x
|
25.1
x
|
20.7
x
|
18.2
x
|
Yield
|
2.57%
|
2.17%
|
1.93%
|
2.47%
|
-
|
2.76%
|
2.9%
|
3.03%
|
Capitalization / Revenue
|
0.69
x
|
0.79
x
|
0.6
x
|
0.44
x
|
0.57
x
|
0.58
x
|
0.55
x
|
0.54
x
|
EV / Revenue
|
0.74
x
|
0.84
x
|
0.68
x
|
0.51
x
|
0.65
x
|
0.66
x
|
0.63
x
|
0.61
x
|
EV / EBITDA
|
12.8
x
|
17.6
x
|
13.3
x
|
8.98
x
|
17.7
x
|
17.2
x
|
15.1
x
|
14.2
x
|
EV / FCF
|
14.9
x
|
30.6
x
|
649
x
|
8.24
x
|
17.8
x
|
24.2
x
|
22.6
x
|
24.3
x
|
FCF Yield
|
6.73%
|
3.27%
|
0.15%
|
12.1%
|
5.63%
|
4.14%
|
4.43%
|
4.12%
|
Price to Book
|
6.41
x
|
6.8
x
|
7.12
x
|
8.6
x
|
-
|
7.32
x
|
7.06
x
|
5.29
x
|
Nbr of stocks (in thousands)
|
135,250
|
135,946
|
129,471
|
117,709
|
116,651
|
117,095
|
-
|
-
|
Reference price
2 |
78.20
|
93.87
|
107.6
|
91.56
|
86.39
|
88.49
|
88.49
|
88.49
|
Announcement Date
|
28/01/20
|
26/01/21
|
02/02/22
|
01/02/23
|
31/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
15,310
|
16,207
|
23,102
|
24,697
|
17,596
|
17,933
|
18,795
|
19,336
|
EBITDA
1 |
890.4
|
775
|
1,173
|
1,396
|
651.6
|
692.1
|
786.3
|
828.9
|
EBIT
1 |
790
|
673.3
|
1,082
|
1,303
|
552.6
|
598.5
|
695.3
|
754
|
Operating Margin
|
5.16%
|
4.15%
|
4.68%
|
5.28%
|
3.14%
|
3.34%
|
3.7%
|
3.9%
|
Earnings before Tax (EBT)
1 |
742.3
|
628.3
|
1,022
|
1,167
|
409.2
|
512.3
|
616.3
|
671.8
|
Net income
1 |
577
|
506.4
|
844.2
|
940.5
|
325.1
|
424.6
|
504.6
|
556.9
|
Net margin
|
3.77%
|
3.12%
|
3.65%
|
3.81%
|
1.85%
|
2.37%
|
2.68%
|
2.88%
|
EPS
2 |
4.190
|
3.720
|
6.310
|
7.400
|
2.720
|
3.531
|
4.265
|
4.858
|
Free Cash Flow
1 |
765
|
445.2
|
24.03
|
1,522
|
647.8
|
492.1
|
526.1
|
486.4
|
FCF margin
|
5%
|
2.75%
|
0.1%
|
6.16%
|
3.68%
|
2.74%
|
2.8%
|
2.52%
|
FCF Conversion (EBITDA)
|
85.91%
|
57.44%
|
2.05%
|
108.98%
|
99.42%
|
71.1%
|
66.9%
|
58.69%
|
FCF Conversion (Net income)
|
132.58%
|
87.91%
|
2.85%
|
161.79%
|
199.25%
|
115.89%
|
104.25%
|
87.35%
|
Dividend per Share
2 |
2.010
|
2.040
|
2.080
|
2.260
|
-
|
2.444
|
2.563
|
2.678
|
Announcement Date
|
28/01/20
|
26/01/21
|
02/02/22
|
01/02/23
|
31/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
6,502
|
6,816
|
6,798
|
6,015
|
5,067
|
4,612
|
4,422
|
4,341
|
4,222
|
4,412
|
4,494
|
4,506
|
4,442
|
4,597
|
4,753
|
EBITDA
1 |
310
|
368
|
492.9
|
310.6
|
224.8
|
185.4
|
158.6
|
163.5
|
126.2
|
164
|
173.6
|
179.3
|
174.7
|
186.1
|
193.1
|
EBIT
1 |
287.4
|
345.5
|
469.7
|
287.6
|
200.7
|
161
|
146.8
|
138
|
103.2
|
127.1
|
152.6
|
156.8
|
148.9
|
160.4
|
175.8
|
Operating Margin
|
4.42%
|
5.07%
|
6.91%
|
4.78%
|
3.96%
|
3.49%
|
3.32%
|
3.18%
|
2.44%
|
2.88%
|
3.4%
|
3.48%
|
3.35%
|
3.49%
|
3.7%
|
Earnings before Tax (EBT)
1 |
269
|
331.3
|
442.3
|
271.6
|
121.6
|
132.8
|
114.4
|
92.77
|
69.28
|
110.4
|
136.3
|
138.1
|
129.1
|
142.8
|
155.4
|
Net income
1 |
230.1
|
270.3
|
348.2
|
225.8
|
96.19
|
114.9
|
97.32
|
81.95
|
30.97
|
92.9
|
110.8
|
110.7
|
102.7
|
117.4
|
126.9
|
Net margin
|
3.54%
|
3.97%
|
5.12%
|
3.75%
|
1.9%
|
2.49%
|
2.2%
|
1.89%
|
0.73%
|
2.11%
|
2.46%
|
2.46%
|
2.31%
|
2.55%
|
2.67%
|
EPS
2 |
1.740
|
2.050
|
2.670
|
1.780
|
0.8000
|
0.9600
|
0.8100
|
0.6800
|
0.2600
|
0.7800
|
0.9025
|
0.9363
|
0.8988
|
0.9756
|
1.064
|
Dividend per Share
2 |
0.5500
|
0.5500
|
0.5500
|
0.5500
|
0.6100
|
0.6100
|
0.6100
|
-
|
-
|
-
|
0.5938
|
0.5918
|
0.6018
|
0.5591
|
0.5591
|
Announcement Date
|
02/02/22
|
27/04/22
|
27/07/22
|
02/11/22
|
01/02/23
|
26/04/23
|
02/08/23
|
01/11/23
|
31/01/24
|
01/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
787
|
850
|
1,661
|
1,756
|
1,435
|
1,535
|
1,517
|
1,444
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.8844
x
|
1.096
x
|
1.416
x
|
1.258
x
|
2.202
x
|
2.218
x
|
1.929
x
|
1.743
x
|
Free Cash Flow
1 |
765
|
445
|
24
|
1,522
|
648
|
492
|
526
|
486
|
ROE (net income / shareholders' equity)
|
35.3%
|
28.5%
|
43.3%
|
55.7%
|
28.5%
|
29.4%
|
33.5%
|
32.4%
|
ROA (Net income/ Total Assets)
|
12.5%
|
10.4%
|
13.9%
|
14.5%
|
15.1%
|
8.07%
|
9.22%
|
9.7%
|
Assets
1 |
4,612
|
4,892
|
6,086
|
6,491
|
2,150
|
5,263
|
5,470
|
5,741
|
Book Value Per Share
2 |
12.20
|
13.80
|
15.10
|
10.60
|
-
|
12.10
|
12.50
|
16.70
|
Cash Flow per Share
2 |
6.070
|
3.670
|
0.7100
|
13.00
|
6.120
|
4.770
|
4.120
|
5.220
|
Capex
1 |
70.5
|
54
|
70.9
|
128
|
84.1
|
92.3
|
100
|
94.8
|
Capex / Sales
|
0.46%
|
0.33%
|
0.31%
|
0.52%
|
0.48%
|
0.51%
|
0.53%
|
0.49%
|
Announcement Date
|
28/01/20
|
26/01/21
|
02/02/22
|
01/02/23
|
31/01/24
|
-
|
-
|
-
|
Last Close Price
88.49
USD Average target price
82.59
USD Spread / Average Target -6.67% Consensus |
1st Jan change
|
Capi.
|
---|
| -2.98% | 75.1B | | +3.87% | 74.4B | | -.--% | 26.71B | | -11.21% | 12.01B | | -15.20% | 7.9B | | -11.72% | 6.94B | | +8.73% | 5.48B | | -14.35% | 4.83B | | -2.89% | 4.49B |
Other Ground Freight & Logistics
|