Multiyear Overview
€ million |
|
2024 |
|
Change |
|
2023 |
|
2022 |
|
2021 |
|
2020 |
|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Sales |
|
5,721.8 |
|
-10.6 |
|
6,402.2 |
|
8,209.3 |
|
6,207.5 |
|
4,692.2 |
|||
Income before taxes |
|
258.4 |
|
-33.2 |
|
387.0 |
|
1,616.2 |
|
1,093.6 |
|
217.9 |
|||
Net income for the year |
|
260.7 |
|
-20.3 |
|
327.3 |
|
1,281.6 |
|
827.8 |
|
202.3 |
|||
EBITDA |
|
762.8 |
|
-7.4 |
|
823.6 |
|
2,080.9 |
|
1,538.5 |
|
666.3 |
|||
EBIT |
|
290.1 |
|
-28.4 |
|
404.9 |
|
1,678.8 |
|
1,134.3 |
|
262.8 |
|||
|
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Fixed assets |
|
4,903.3 |
|
7.7 |
|
4,551.5 |
|
4,186.3 |
|
3,372.7 |
|
3,136.5 |
|||
Intangible assets |
|
288.6 |
|
-1.7 |
|
293.5 |
|
213.0 |
|
45.9 |
|
21.1 |
|||
Property, plant and equipment |
|
3,323.3 |
|
9.4 |
|
3,038.4 |
|
2,717.9 |
|
2,466.9 |
|
2,393.2 |
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Right-of-use assets |
|
273.2 |
|
22.8 |
|
222.5 |
|
243.2 |
|
138.8 |
|
110.8 |
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Financial assets |
|
1,018.2 |
|
2.1 |
|
997.1 |
|
1,012.2 |
|
721.1 |
|
611.4 |
|||
|
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Current assets, incl. deferred taxes + prepaid expenses |
|
4,506.6 |
|
4.7 |
|
4,302.9 |
|
5,215.1 |
|
4,761.6 |
|
3,814.0 |
|||
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Liquidity1 |
|
1,256.1 |
|
-11.7 |
|
1,421.9 |
|
1,956.2 |
|
1,983.3 |
|
1,338.0 |
|||
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Equity |
|
4,837.0 |
|
5.6 |
|
4,579.9 |
|
5,030.7 |
|
3,100.4 |
|
1,691.8 |
|||
Subscribed capital |
|
260.8 |
|
– |
|
260.8 |
|
260.8 |
|
260.8 |
|
260.8 |
|||
Capital reserves |
|
158.5 |
|
-0.1 |
|
158.6 |
|
158.9 |
|
157.4 |
|
157.4 |
|||
Treasury shares |
|
-45.1 |
|
– |
|
-45.1 |
|
-45.1 |
|
-45.1 |
|
-45.1 |
|||
Retained earnings, consolidated net income, other equity items |
|
4,295.0 |
|
6.2 |
|
4,042.5 |
|
4,489.2 |
|
2,645.4 |
|
1,252.1 |
|||
Non-controlling interests |
|
167.8 |
|
2.9 |
|
163.1 |
|
166.9 |
|
81.9 |
|
66.6 |
|||
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Borrowed capital |
|
4,572.9 |
|
7.0 |
|
4,274.5 |
|
4,370.7 |
|
5,033.9 |
|
5,258.7 |
|||
Provisions |
|
1,024.8 |
|
-10.3 |
|
1,142.0 |
|
1,021.0 |
|
2,082.9 |
|
3,016.0 |
|||
Liabilities, incl. deferred taxes + deferred income |
|
3,548.1 |
|
13.3 |
|
3,132.5 |
|
3,349.7 |
|
2,951.0 |
|
2,242.7 |
|||
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Net financial debt (-) |
|
-690.6 |
|
>100 |
|
-83.7 |
|
409.2 |
|
546.5 |
|
-67.5 |
|||
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Total assets |
|
9,409.9 |
|
6.3 |
|
8,854.4 |
|
9,401.4 |
|
8,134.3 |
|
6,950.5 |
|||
|
|
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Employees (average for the year) |
|
16,520 |
|
1.7 |
|
16,251 |
|
15,262 |
|
14,352 |
|
14,401 |
|||
Employees (Dec. 31) |
|
16,637 |
|
1.6 |
|
16,378 |
|
15,725 |
|
14,406 |
|
14,283 |
|||
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Key profitability figures |
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Return on sales (EBIT) = |
|
5.1 |
|
-19.5 |
|
6.3 |
|
20.5 |
|
18.3 |
|
5.6 |
|||
Return on sales (EBITDA) = EBITDA/sales (%) |
|
13.3 |
|
3.3 |
|
12.9 |
|
25.4 |
|
24.8 |
|
14.2 |
|||
Return on equity = net income for the year/equity (as of Dec. 31) (%) |
|
5.4 |
|
-24.1 |
|
7.1 |
|
25.5 |
|
26.7 |
|
12.0 |
|||
ROCE – return on capital employed = EBIT/capital employed (%) |
|
5.0 |
|
-27.0 |
|
6.9 |
|
34.7 |
|
28.3 |
|
5.6 |
|||
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Key statement-of-financial-position figures |
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Investment intensity of fixed assets = fixed assets/total assets (%) |
|
52.1 |
|
1.4 |
|
51.4 |
|
44.5 |
|
41.5 |
|
45.1 |
|||
Equity ratio = equity/total assets (%) |
|
51.4 |
|
-0.6 |
|
51.7 |
|
53.5 |
|
38.1 |
|
24.3 |
|||
Capital structure = equity/borrowed capital (%) |
|
105.8 |
|
-1.3 |
|
107.1 |
|
115.1 |
|
61.6 |
|
32.2 |
|||
|
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Cash flow and capital expenditures |
|
|
|
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Cash flow from operating activities |
|
310.4 |
|
-66.8 |
|
936.3 |
|
1,125.5 |
|
1,064.4 |
|
873.7 |
|||
Cash flow from long-term investing activities – before securities |
|
-636.4 |
|
-17.4 |
|
-770.7 |
|
-686.7 |
|
-303.6 |
|
-176.0 |
|||
Cash flow from financing activities |
|
145.9 |
|
>100 |
|
-688.1 |
|
-458.5 |
|
-153.9 |
|
117.1 |
|||
Net cash flow = CF from operating activities + CF from investing activities – additions from finance leases |
|
-326.0 |
|
>100 |
|
165.6 |
|
438.8 |
|
760.8 |
|
697.7 |
|||
Capital expenditures |
|
666.0 |
|
-6.1 |
|
709.6 |
|
546.8 |
|
343.8 |
|
224.4 |
|||
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Share and valuation |
|
|
|
|
|
|
|
|
|
|
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|||
Consolidated net income |
|
260.7 |
|
-20.3 |
|
327.3 |
|
1,281.6 |
|
827.8 |
|
202.3 |
|||
Earnings per share (€) = consolidated net income/ |
|
4.85 |
|
-23.1 |
|
6.31 |
|
25.18 |
|
16.24 |
|
3.81 |
|||
Market capitalization (total number of shares without treasury shares) |
|
3,479.4 |
|
-38.7 |
|
5,678.2 |
|
5,931.6 |
|
6,537.6 |
|
5,799.9 |
|||
Number of shares |
|
49,677,983 |
|
– |
|
49,677,983 |
|
49,677,983 |
|
49,677,983 |
|
49,677,983 |
|||
Price as of reporting date (Dec. 31) |
|
70.04 |
|
-38.7 |
|
114.30 |
|
119.40 |
|
131.60 |
|
116.75 |
|||
Dividend per share (€) |
|
2.50 |
|
-16.7 |
|
3.00 |
|
12.00 |
|
8.00 |
|
2.00 |
|||
Dividend yield (%) |
|
2.6 |
|
15.6 |
|
2.3 |
|
8.6 |
|
6.0 |
|
2.9 |
|||
Capital employed |
|
5,514.2 |
|
6.2 |
|
5,192.3 |
|
4,526.6 |
|
3,782.2 |
|
4,111.4 |
|||
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