Market Closed -
London S.E.
16:30:00 13/05/2024 BST
|
5-day change
|
1st Jan Change
|
93.22
EUR
|
-2.31%
|
|
-6.60%
|
-5.46%
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
9,355
|
9,660
|
14,852
|
9,610
|
7,407
|
8,318
|
-
|
-
|
Enterprise Value (EV)
1 |
8,678
|
8,952
|
14,016
|
8,823
|
6,683
|
8,762
|
8,776
|
8,642
|
P/E ratio
|
58.4
x
|
78.8
x
|
62.9
x
|
32.7
x
|
25.5
x
|
32.8
x
|
25.7
x
|
22.4
x
|
Yield
|
0.62%
|
0.46%
|
0.54%
|
1.02%
|
1.33%
|
1.13%
|
1.31%
|
1.48%
|
Capitalization / Revenue
|
6.41
x
|
7.23
x
|
9.02
x
|
5.05
x
|
3.55
x
|
3.74
x
|
3.27
x
|
3.01
x
|
EV / Revenue
|
5.95
x
|
6.7
x
|
8.51
x
|
4.64
x
|
3.2
x
|
3.94
x
|
3.45
x
|
3.13
x
|
EV / EBITDA
|
27.3
x
|
37.6
x
|
32.2
x
|
18.9
x
|
15.8
x
|
19.9
x
|
15.5
x
|
13.4
x
|
EV / FCF
|
36.7
x
|
67
x
|
42.1
x
|
60.7
x
|
48.8
x
|
39.5
x
|
30.3
x
|
26.1
x
|
FCF Yield
|
2.73%
|
1.49%
|
2.37%
|
1.65%
|
2.05%
|
2.53%
|
3.3%
|
3.83%
|
Price to Book
|
6.69
x
|
6.75
x
|
8.95
x
|
4.77
x
|
3.43
x
|
3.61
x
|
3.31
x
|
3.01
x
|
Nbr of stocks (in thousands)
|
89,441
|
89,441
|
89,441
|
89,441
|
89,441
|
89,441
|
-
|
-
|
Reference price
2 |
104.6
|
108.0
|
166.0
|
107.4
|
82.82
|
93.00
|
93.00
|
93.00
|
Announcement Date
|
06/12/19
|
12/12/20
|
10/12/21
|
09/12/22
|
12/12/23
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,459
|
1,335
|
1,647
|
1,903
|
2,089
|
2,225
|
2,546
|
2,760
|
EBITDA
1 |
318.1
|
238
|
435.2
|
466.6
|
422.2
|
440.2
|
566.9
|
643.9
|
EBIT
1 |
235
|
177.6
|
373.6
|
396.9
|
348.1
|
341.1
|
467.6
|
538.4
|
Operating Margin
|
16.1%
|
13.3%
|
22.69%
|
20.86%
|
16.66%
|
15.33%
|
18.37%
|
19.51%
|
Earnings before Tax (EBT)
1 |
229.9
|
178.7
|
339
|
403.5
|
412.6
|
362.9
|
454.4
|
525.1
|
Net income
1 |
159.8
|
122.4
|
236.3
|
293.9
|
290.4
|
251.1
|
319.4
|
366.1
|
Net margin
|
10.95%
|
9.16%
|
14.35%
|
15.45%
|
13.9%
|
11.28%
|
12.54%
|
13.27%
|
EPS
2 |
1.790
|
1.370
|
2.640
|
3.290
|
3.250
|
2.837
|
3.618
|
4.153
|
Free Cash Flow
1 |
236.6
|
133.5
|
332.5
|
145.4
|
137
|
222
|
289.9
|
331
|
FCF margin
|
16.21%
|
10%
|
20.19%
|
7.64%
|
6.56%
|
9.98%
|
11.39%
|
11.99%
|
FCF Conversion (EBITDA)
|
74.37%
|
56.11%
|
76.41%
|
31.16%
|
32.45%
|
50.43%
|
51.13%
|
51.4%
|
FCF Conversion (Net income)
|
148.1%
|
109.12%
|
140.74%
|
49.47%
|
47.18%
|
88.42%
|
90.77%
|
90.4%
|
Dividend per Share
2 |
0.6500
|
0.5000
|
0.9000
|
1.100
|
1.100
|
1.047
|
1.223
|
1.373
|
Announcement Date
|
06/12/19
|
12/12/20
|
10/12/21
|
09/12/22
|
12/12/23
|
-
|
-
|
-
|
Fiscal Period: September |
2020 S1
|
2021 S1
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
---|
Net sales
1 |
714.9
|
767.4
|
410.2
|
445.2
|
855.4
|
477.5
|
569.9
|
470.3
|
504.2
|
974.5
|
535.1
|
579.7
|
475
|
472.1
|
947.2
|
582.9
|
700.2
|
-
|
-
|
-
|
-
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
101.9
|
-
|
-
|
-
|
-
|
-
|
133.6
|
137.7
|
198.5
|
330
|
-
|
-
|
-
|
EBIT
1 |
105.3
|
162.7
|
-
|
102.9
|
177.3
|
98.58
|
121
|
63.1
|
83.62
|
-
|
101
|
103.2
|
46
|
49
|
95
|
100
|
-
|
278
|
-
|
-
|
-
|
Operating Margin
|
14.73%
|
21.2%
|
-
|
23.11%
|
20.73%
|
20.64%
|
21.23%
|
13.42%
|
16.58%
|
-
|
18.88%
|
17.81%
|
9.68%
|
10.38%
|
10.03%
|
17.16%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
96.1
|
-
|
-
|
120.1
|
-
|
88.33
|
141
|
-
|
90.71
|
-
|
132.3
|
116.5
|
54.7
|
67.34
|
-
|
113.7
|
162
|
-
|
-
|
-
|
-
|
Net income
1 |
-
|
-
|
-
|
90.73
|
-
|
62.53
|
102.7
|
-
|
62
|
-
|
92.15
|
85.2
|
37.4
|
46.48
|
-
|
79.2
|
113.3
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
20.38%
|
-
|
13.1%
|
18.02%
|
-
|
12.3%
|
-
|
17.22%
|
14.7%
|
7.87%
|
9.84%
|
-
|
13.59%
|
16.18%
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
1.120
|
0.4200
|
1.020
|
-
|
0.7000
|
1.150
|
0.5700
|
0.6900
|
-
|
1.030
|
0.9600
|
0.4200
|
0.5200
|
-
|
0.8841
|
1.245
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
1.100
|
-
|
-
|
-
|
-
|
1.100
|
-
|
-
|
-
|
-
|
1.027
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/05/20
|
28/05/21
|
11/02/22
|
13/05/22
|
13/05/22
|
05/08/22
|
09/12/22
|
14/02/23
|
15/05/23
|
15/05/23
|
06/08/23
|
12/12/23
|
14/02/24
|
07/05/24
|
07/05/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
444
|
458
|
324
|
Net Cash position
1 |
678
|
707
|
835
|
787
|
725
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
1.009
x
|
0.808
x
|
0.5035
x
|
Free Cash Flow
1 |
237
|
134
|
333
|
145
|
137
|
222
|
290
|
331
|
ROE (net income / shareholders' equity)
|
11.9%
|
8.65%
|
15.3%
|
16%
|
13.4%
|
11.4%
|
13%
|
13.9%
|
ROA (Net income/ Total Assets)
|
8.67%
|
6.07%
|
10.7%
|
11.3%
|
9.92%
|
7.46%
|
8.15%
|
8.84%
|
Assets
1 |
1,842
|
2,016
|
2,205
|
2,609
|
2,928
|
3,366
|
3,917
|
4,143
|
Book Value Per Share
2 |
15.60
|
16.00
|
18.60
|
22.50
|
24.10
|
25.70
|
28.10
|
30.90
|
Cash Flow per Share
2 |
2.460
|
2.000
|
4.050
|
2.100
|
2.800
|
5.090
|
4.260
|
4.780
|
Capex
1 |
20.3
|
45
|
30.1
|
82
|
114
|
91.3
|
106
|
111
|
Capex / Sales
|
1.39%
|
3.37%
|
1.83%
|
4.31%
|
5.45%
|
4.1%
|
4.16%
|
4.02%
|
Announcement Date
|
06/12/19
|
12/12/20
|
10/12/21
|
09/12/22
|
12/12/23
|
-
|
-
|
-
|
Average target price
107.3
EUR Spread / Average Target +15.34% Consensus |