Market Closed -
Nyse
21:00:02 28/06/2024 BST
|
5-day change
|
1st Jan Change
|
365.5
USD
|
-1.18%
|
|
-3.16%
|
+11.11%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
8,039
|
8,504
|
11,332
|
12,604
|
17,638
|
19,621
|
-
|
-
|
Enterprise Value (EV)
1 |
9,414
|
9,825
|
12,482
|
13,606
|
19,430
|
20,848
|
20,335
|
20,312
|
P/E ratio
|
20.2
x
|
24.4
x
|
28.6
x
|
24.9
x
|
23.4
x
|
25.9
x
|
23
x
|
21.4
x
|
Yield
|
2.32%
|
2.37%
|
1.92%
|
1.82%
|
1.39%
|
1.35%
|
1.45%
|
1.56%
|
Capitalization / Revenue
|
1.75
x
|
2.03
x
|
2.7
x
|
2.55
x
|
3.28
x
|
3.34
x
|
3.18
x
|
2.99
x
|
EV / Revenue
|
2.05
x
|
2.35
x
|
2.98
x
|
2.75
x
|
3.62
x
|
3.55
x
|
3.29
x
|
3.09
x
|
EV / EBITDA
|
12.6
x
|
14.2
x
|
18.3
x
|
15.9
x
|
16.4
x
|
15.8
x
|
14.3
x
|
13.5
x
|
EV / FCF
|
18.9
x
|
17.6
x
|
27.5
x
|
26.8
x
|
27.2
x
|
25.9
x
|
22.9
x
|
22.8
x
|
FCF Yield
|
5.29%
|
5.7%
|
3.63%
|
3.73%
|
3.68%
|
3.86%
|
4.37%
|
4.38%
|
Price to Book
|
4.15
x
|
4.12
x
|
5.09
x
|
5.38
x
|
-
|
5.94
x
|
5.13
x
|
4.48
x
|
Nbr of stocks (in thousands)
|
54,386
|
54,236
|
54,411
|
53,706
|
53,622
|
53,686
|
-
|
-
|
Reference price
2 |
147.8
|
156.8
|
208.3
|
234.7
|
328.9
|
365.5
|
365.5
|
365.5
|
Announcement Date
|
04/02/20
|
02/02/21
|
03/02/22
|
31/01/23
|
30/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,591
|
4,186
|
4,194
|
4,948
|
5,373
|
5,869
|
6,179
|
6,564
|
EBITDA
1 |
747.6
|
690.6
|
681.4
|
857.6
|
1,188
|
1,321
|
1,419
|
1,503
|
EBIT
1 |
596.6
|
533
|
532.3
|
709.1
|
1,038
|
1,120
|
1,195
|
1,275
|
Operating Margin
|
12.99%
|
12.73%
|
12.69%
|
14.33%
|
19.33%
|
19.08%
|
19.35%
|
19.43%
|
Earnings before Tax (EBT)
1 |
520.5
|
453.5
|
459.3
|
657
|
983.3
|
995.2
|
1,097
|
1,192
|
Net income
1 |
400.9
|
351.2
|
399.5
|
511.3
|
759.8
|
763.2
|
841.4
|
913.7
|
Net margin
|
8.73%
|
8.39%
|
9.53%
|
10.33%
|
14.14%
|
13.01%
|
13.62%
|
13.92%
|
EPS
2 |
7.310
|
6.430
|
7.280
|
9.430
|
14.05
|
14.11
|
15.88
|
17.06
|
Free Cash Flow
1 |
497.7
|
559.6
|
453.6
|
506.9
|
715.1
|
805.1
|
887.8
|
889.9
|
FCF margin
|
10.84%
|
13.37%
|
10.82%
|
10.24%
|
13.31%
|
13.72%
|
14.37%
|
13.56%
|
FCF Conversion (EBITDA)
|
66.57%
|
81.03%
|
66.57%
|
59.11%
|
60.18%
|
60.93%
|
62.56%
|
59.21%
|
FCF Conversion (Net income)
|
124.15%
|
159.34%
|
113.54%
|
99.14%
|
94.12%
|
105.49%
|
105.52%
|
97.39%
|
Dividend per Share
2 |
3.430
|
3.710
|
3.990
|
4.270
|
4.580
|
4.921
|
5.308
|
5.684
|
Announcement Date
|
04/02/20
|
02/02/21
|
03/02/22
|
31/01/23
|
30/01/24
|
-
|
-
|
-
|
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 |
1,100
|
1,156
|
1,256
|
1,316
|
1,220
|
1,285
|
1,366
|
1,376
|
1,346
|
1,399
|
1,487
|
1,517
|
1,467
|
1,458
|
1,574
|
EBITDA
1 |
170.7
|
177.6
|
225.3
|
241.8
|
212.9
|
284.4
|
324.7
|
313.9
|
265.2
|
295.7
|
346
|
362.7
|
328.6
|
318.1
|
367
|
EBIT
1 |
134.3
|
142.9
|
190.6
|
203.6
|
172
|
248.8
|
287.8
|
276.3
|
225.6
|
228.5
|
293.2
|
308.1
|
266.8
|
259
|
308.2
|
Operating Margin
|
12.21%
|
12.36%
|
15.18%
|
15.47%
|
14.1%
|
19.36%
|
21.07%
|
20.08%
|
16.76%
|
16.33%
|
19.71%
|
20.32%
|
18.19%
|
17.77%
|
19.58%
|
Earnings before Tax (EBT)
1 |
123.9
|
133.4
|
176
|
190.8
|
156.8
|
235
|
273.8
|
265
|
209.5
|
201.4
|
268.1
|
283.1
|
241.7
|
234.6
|
283.7
|
Net income
1 |
117.6
|
180.2
|
122
|
139.1
|
122.9
|
181.9
|
206.8
|
200.1
|
171
|
147.8
|
206.3
|
217.9
|
188.7
|
178.6
|
216.5
|
Net margin
|
10.69%
|
15.59%
|
9.71%
|
10.57%
|
10.08%
|
14.15%
|
15.14%
|
14.54%
|
12.71%
|
10.56%
|
13.87%
|
14.37%
|
12.87%
|
12.25%
|
13.75%
|
EPS
2 |
2.140
|
3.310
|
2.260
|
2.570
|
2.270
|
3.370
|
3.820
|
3.700
|
3.160
|
2.730
|
3.872
|
4.088
|
3.584
|
3.303
|
4.009
|
Dividend per Share
2 |
1.050
|
1.050
|
1.050
|
1.050
|
1.120
|
1.120
|
1.120
|
1.120
|
1.220
|
1.220
|
1.220
|
1.220
|
1.278
|
1.305
|
1.305
|
Announcement Date
|
03/02/22
|
26/04/22
|
26/07/22
|
25/10/22
|
31/01/23
|
25/04/23
|
25/07/23
|
31/10/23
|
30/01/24
|
30/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,375
|
1,321
|
1,150
|
1,002
|
1,792
|
1,227
|
714
|
691
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.839
x
|
1.913
x
|
1.687
x
|
1.168
x
|
1.508
x
|
0.9285
x
|
0.5031
x
|
0.4598
x
|
Free Cash Flow
1 |
498
|
560
|
454
|
507
|
715
|
805
|
888
|
890
|
ROE (net income / shareholders' equity)
|
21.5%
|
17.5%
|
18.6%
|
25%
|
29%
|
25.8%
|
25.2%
|
22.1%
|
ROA (Net income/ Total Assets)
|
8.2%
|
7.03%
|
7.71%
|
10.7%
|
12.3%
|
11.5%
|
12%
|
11.1%
|
Assets
1 |
4,888
|
4,994
|
5,183
|
4,759
|
6,158
|
6,645
|
7,022
|
8,209
|
Book Value Per Share
2 |
35.60
|
38.10
|
40.90
|
43.60
|
-
|
61.50
|
71.30
|
81.60
|
Cash Flow per Share
2 |
-
|
-
|
9.390
|
-
|
16.30
|
18.10
|
21.20
|
23.10
|
Capex
1 |
93.9
|
88.4
|
90.2
|
129
|
166
|
170
|
165
|
198
|
Capex / Sales
|
2.05%
|
2.11%
|
2.15%
|
2.61%
|
3.08%
|
2.9%
|
2.67%
|
3.01%
|
Announcement Date
|
04/02/20
|
02/02/21
|
03/02/22
|
31/01/23
|
30/01/24
|
-
|
-
|
-
|
Last Close Price
365.5
USD Average target price
414.7
USD Spread / Average Target +13.47% Consensus |