Financial information and publications
Group's key performance indicators
| Group | Continuing operations | |||||
| IFRS 16 applied | ||||||
| 2015 | 2016 | 2017 | 2018 | 2019 | ||
| Income statement | ||||||
| Net sales | € million | 8,678.9 | 10,180.4 | 10,491.8 | 10,382.8 | 10,720.3 |
| Change in net sales | % | -4.3 | 17.3 | 3.1 | -1.0 | 3.3 |
| Operating profit, comparable | € million | 244.5 | 272.9 | 296.2 | 428.5 | 461.6 |
| Operating profit as percentage of net sales, comparable | % | 2.8 | 2.7 | 2.8 | 4.1 | 4.3 |
| Operating profit | € million | 194.6 | 146.8 | 338.6 | 404.3 | 447.8 |
| Operating profit as percentage of net sales | % | 2.2 | 1.4 | 3.2 | 3.9 | 4.2 |
| Profit for the year (incl. non-controlling interests) | € million | 117.4 | 113.8 | 284.5 | 232.4 | 333.6 |
| Profit for the year as percentage of net sales | % | 1.4 | 1.1 | 2.7 | 2.2 | 3.1 |
| Profitability | ||||||
| Return on equity, group | % | 5.2 | 5.2 | 12.3 | 8.7 | 16.6 |
| Return on equity, comparable, group | % | 8.2 | 9.8 | 10.9 | 12.5 | 15.1 |
| Return on capital employed | % | 9.3 | 6.4 | 15.2 | 9.2 | 9.3 |
| Return on capital employed, comparable | % | 11.7 | 11.9 | 13.3 | 9.8 | 9.6 |
| Funding and financial position | ||||||
| Interest-bearing net debt, group | € million | -448.1 | 123.3 | 135.9 | 2,450.7 | 2,868.4 |
| Interest-bearing net debt excluding lease liabilities | € million | -448.1 | 123.3 | 135.9 | 161.6 | 446.1 |
| Gearing, group | % | -20.0 | 5.8 | 6.1 | 121.3 | 134.0 |
| Equity ratio, group | % | 54.7 | 48.6 | 50.4 | 31.9 | 31.2 |
| Interest-bearing net debt/EBITDA, group | -1.4 | 0.4 | 0.3 | 0.4 | 0.9 | |
| Other performance indicators | ||||||
| Capital expenditure | € million | 219.0 | 743.1 | 333.5 | 417.6 | 686.1 |
| Capital expenditure as percentage of net sales | % | 2.5 | 7.3 | 3.2 | 4.0 | 6.4 |
| Cash flow from operating activities | € million | 276.4 | 170.2 | 291.8 | 748.4 | 893.1 |
| Cash flow from investing activities | € million | 217.1 | -501.1 | -71.5 | -373.3 | -620.3 |
| Cash flow from operating activities, discontinued operations | € million | - | - | 9.9 | -23.3 | 3.5 |
| Cash flow from investing activities, discontinued operations | € million | - | - | -16.8 | 164.3 | 3.5 |
| Personnel, average for the period, group total | 18,956 | 22,475 | 22,077 | 19,995 | 20,852 | |
| Personnel, as at 31 Dec., group total | 21,935 | 27,656 | 24,984 | 23,458 | 25,168 | |
Further information
Key figures in interactive way
