Market Closed -
Nasdaq
21:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
68.17
USD
|
+0.04%
|
|
+0.89%
|
+5.25%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
21,192
|
28,031
|
36,845
|
27,103
|
37,023
|
39,031
|
-
|
-
|
Enterprise Value (EV)
1 |
21,362
|
28,190
|
36,999
|
27,428
|
37,061
|
38,878
|
38,710
|
38,795
|
P/E ratio
|
26.8
x
|
32.8
x
|
40
x
|
25
x
|
32.1
x
|
32.3
x
|
29.7
x
|
27.2
x
|
Yield
|
2.35%
|
2.05%
|
1.75%
|
2.62%
|
2.16%
|
2.26%
|
2.4%
|
2.61%
|
Capitalization / Revenue
|
3.97
x
|
4.96
x
|
6.13
x
|
3.88
x
|
5.04
x
|
5.03
x
|
4.65
x
|
4.31
x
|
EV / Revenue
|
4.01
x
|
4.99
x
|
6.16
x
|
3.93
x
|
5.04
x
|
5.01
x
|
4.61
x
|
4.29
x
|
EV / EBITDA
|
17.7
x
|
21.8
x
|
26.7
x
|
16.8
x
|
21.7
x
|
22
x
|
20.1
x
|
18.3
x
|
EV / FCF
|
35.8
x
|
30.2
x
|
60.3
x
|
35.8
x
|
29.4
x
|
37.5
x
|
35.8
x
|
32.9
x
|
FCF Yield
|
2.79%
|
3.31%
|
1.66%
|
2.8%
|
3.4%
|
2.67%
|
2.8%
|
3.04%
|
Price to Book
|
7.96
x
|
10.3
x
|
12.1
x
|
8.61
x
|
11.1
x
|
11
x
|
10.3
x
|
9.76
x
|
Nbr of stocks (in thousands)
|
573,527
|
574,053
|
575,163
|
572,760
|
571,600
|
572,547
|
-
|
-
|
Reference price
2 |
36.95
|
48.83
|
64.06
|
47.32
|
64.77
|
68.17
|
68.17
|
68.17
|
Announcement Date
|
17/01/20
|
20/01/21
|
19/01/22
|
19/01/23
|
18/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,334
|
5,647
|
6,011
|
6,981
|
7,347
|
7,759
|
8,389
|
9,052
|
EBITDA
1 |
1,206
|
1,295
|
1,388
|
1,630
|
1,706
|
1,764
|
1,927
|
2,122
|
EBIT
1 |
1,057
|
1,142
|
1,217
|
1,454
|
1,529
|
1,597
|
1,751
|
1,912
|
Operating Margin
|
19.82%
|
20.22%
|
20.25%
|
20.82%
|
20.81%
|
20.59%
|
20.87%
|
21.12%
|
Earnings before Tax (EBT)
1 |
1,044
|
1,133
|
1,208
|
1,440
|
1,522
|
1,596
|
1,731
|
1,880
|
Net income
1 |
790.9
|
859.1
|
925
|
1,087
|
1,155
|
1,209
|
1,309
|
1,426
|
Net margin
|
14.83%
|
15.21%
|
15.39%
|
15.57%
|
15.72%
|
15.58%
|
15.61%
|
15.75%
|
EPS
2 |
1.380
|
1.490
|
1.600
|
1.890
|
2.020
|
2.107
|
2.293
|
2.504
|
Free Cash Flow
1 |
596.3
|
933.7
|
613.5
|
767.2
|
1,260
|
1,037
|
1,082
|
1,179
|
FCF margin
|
11.18%
|
16.53%
|
10.21%
|
10.99%
|
17.15%
|
13.37%
|
12.9%
|
13.02%
|
FCF Conversion (EBITDA)
|
49.45%
|
72.09%
|
44.2%
|
47.06%
|
73.85%
|
58.8%
|
56.19%
|
55.54%
|
FCF Conversion (Net income)
|
75.4%
|
108.68%
|
66.32%
|
70.59%
|
109.08%
|
85.81%
|
82.69%
|
82.64%
|
Dividend per Share
2 |
0.8700
|
1.000
|
1.120
|
1.240
|
1.400
|
1.544
|
1.637
|
1.781
|
Announcement Date
|
17/01/20
|
20/01/21
|
19/01/22
|
19/01/23
|
18/01/24
|
-
|
-
|
-
|
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 |
1,532
|
1,704
|
1,779
|
1,802
|
1,696
|
1,859
|
1,883
|
1,846
|
1,759
|
1,895
|
1,964
|
1,983
|
1,904
|
2,016
|
2,094
|
EBITDA
1 |
344.5
|
401.9
|
427.3
|
423.3
|
377.7
|
435
|
437.1
|
431.4
|
397.1
|
433.1
|
445.4
|
457.2
|
428.1
|
459
|
478.8
|
EBIT
1 |
300.9
|
358
|
383.4
|
379.2
|
333
|
393.2
|
394.9
|
386.7
|
353.9
|
390.2
|
403.1
|
415.3
|
387.7
|
418.7
|
438
|
Operating Margin
|
19.64%
|
21.01%
|
21.56%
|
21.04%
|
19.64%
|
21.15%
|
20.97%
|
20.95%
|
20.12%
|
20.59%
|
20.52%
|
20.94%
|
20.36%
|
20.77%
|
20.92%
|
Earnings before Tax (EBT)
1 |
298.5
|
355.7
|
380.7
|
375.3
|
328.2
|
389.7
|
392.6
|
385.4
|
354.2
|
389.8
|
402.5
|
413.6
|
386.2
|
417.8
|
436.9
|
Net income
1 |
231.2
|
269.6
|
287.1
|
284.6
|
245.6
|
295.1
|
298
|
295.5
|
266.4
|
297.7
|
304.3
|
312.4
|
291.9
|
316.2
|
330.3
|
Net margin
|
15.09%
|
15.82%
|
16.14%
|
15.79%
|
14.48%
|
15.87%
|
15.82%
|
16.01%
|
15.15%
|
15.71%
|
15.49%
|
15.76%
|
15.33%
|
15.68%
|
15.77%
|
EPS
2 |
0.4000
|
0.4700
|
0.5000
|
0.5000
|
0.4300
|
0.5200
|
0.5200
|
0.5200
|
0.4600
|
0.5200
|
0.5294
|
0.5462
|
0.5090
|
0.5500
|
0.5750
|
Dividend per Share
2 |
0.2800
|
0.3100
|
0.3100
|
0.3100
|
0.3100
|
0.3500
|
0.3500
|
-
|
0.3500
|
-
|
0.3900
|
0.3900
|
0.3900
|
0.4100
|
0.4100
|
Announcement Date
|
19/01/22
|
13/04/22
|
13/07/22
|
13/10/22
|
19/01/23
|
13/04/23
|
13/07/23
|
12/10/23
|
18/01/24
|
11/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
170
|
159
|
154
|
325
|
38.7
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
153
|
320
|
236
|
Leverage (Debt/EBITDA)
|
0.1411
x
|
0.123
x
|
0.1108
x
|
0.1993
x
|
0.0227
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
596
|
934
|
614
|
767
|
1,260
|
1,037
|
1,082
|
1,179
|
ROE (net income / shareholders' equity)
|
31.8%
|
31.8%
|
32%
|
35%
|
35.5%
|
34.9%
|
35.4%
|
36.8%
|
ROA (Net income/ Total Assets)
|
22.2%
|
22.1%
|
22.4%
|
24.6%
|
25.6%
|
26.4%
|
26.8%
|
27.6%
|
Assets
1 |
3,561
|
3,882
|
4,132
|
4,424
|
4,506
|
4,572
|
4,876
|
5,167
|
Book Value Per Share
2 |
4.640
|
4.760
|
5.290
|
5.500
|
5.850
|
6.220
|
6.610
|
6.990
|
Cash Flow per Share
2 |
1.470
|
1.910
|
1.330
|
1.630
|
2.500
|
2.110
|
2.460
|
2.710
|
Capex
1 |
246
|
168
|
157
|
174
|
173
|
225
|
227
|
241
|
Capex / Sales
|
4.62%
|
2.98%
|
2.61%
|
2.49%
|
2.35%
|
2.91%
|
2.7%
|
2.66%
|
Announcement Date
|
17/01/20
|
20/01/21
|
19/01/22
|
19/01/23
|
18/01/24
|
-
|
-
|
-
|
Last Close Price
68.17
USD Average target price
66.88
USD Spread / Average Target -1.89% Consensus |