Key figures and key ratios

REVENUE AND INCOME (in mDKK)

2017 

2016 

2015 

2014

2013

Revenue

 17,032

14,369 

 12,566

11,784

11,645

Operating profit before depreciation (EBITDA)

 1,568

1,472 

 1,214

1,070

1,039

Depreciation and impairment losses

 475

434 

 383

363

354

Operating profit (EBIT)

 1,093

1,038 

 831

708

685

Profit after tax in associates and joint ventures

 42

566 

 86

28

-21

Financial items, net (incl. financial investments)

 -30

-27 

 -46

-35

446

Profit before tax

 1,105

1,578 

 871

701

1,109

Profit for the year from continuing operations

 875

1,339 

 645

428

860

Profit for the year from discontinued operations

 0

 0

0

508

Profit for the year

 875

1,339 

 645

428

1,368

 

CASH FLOWS (in mDKK)

2017 

2016 

2015 

2014

2013

Cash flows from operating activities

763 

1,598 

 1,171

628

667

Cash flows from investing activities

-2,763 

-395 

 -569

-355

522

Of which investment in property, plant and equipment

-809 

-828 

 -354

-233

-346

Cash flows from financing activities

818 

-925 

 -324

-563

-687

INVESTED CAPITAL AND FINANCING (in mDKK)

 2017

2016 

2015 

2014

2013

Invested capital excluding goodwill

7,337 

5,416 

 4,464

4,528

4,045

Total assets

14,389 

12,273 

 10,516

9,882

9,696

Working capital

2,505 

1,727 

 1,598

1,775

1,424

Net interest bearing debt (NIBD)

1,275 

-1,028 

 -511

44

-23

Share of equity attributable to shareholders of Schouw & Co.

8,317 

7,797 

 6,656

6,071

5,743

Minority interests

15 

18 

 21

3

3

Total equity

8,332 

7,814 

 6,677

6,074

5,746

 

FINANCIAL DATA

2017 

2016 

2015 

2014

2013

EBITDA margin (%)

9.2 

10.2 

 9.7

9.1

8.9

EBIT margin (%)

6.4 

7.2 

 6.6

6.0

5.9

EBT margin (%)

6.5 

11.0 

 6.9

6.0

9.5

Return on equity (%)

10.9 

18.6 

 10.2

7.2

26.4

Equity ratio (%)

57.9 

63.7 

 63.5

61.5

59.3

ROIC excluding goodwill (%)

17.6 

20.2 

 18.3

16.9

16.1

ROIC including goodwill (%)

13.8 

16.6 

 15.1

14.0

13.3

NIBD/EBITDA 

0.8 

-0.7 

 -0.4

0.0

0.0

Average number of employees during the year 

6,087 

4,108 

 2,382

2,139

2,052

 

PER SHARE DATA

2017 

2016 

2015 

2014

2013

Earnings per share (of DKK 10)

36.85 

56.56 

 27.48

18.08

57.46

Diluted earnings per share (of DKK 10) 

36.63 

56.41 

 27.38

18.02

57.28

Dividend per share (of DKK 10)

13.00 

12.00 

 10.00

8.00

6.00

Net asset value per share (of DKK 10)

346.99 

328.38 

 282.10

258.44

240.49

Share price at year end (of DKK 10)

581.50 

526.00 

 387.00

290.00

222.50

Price/net asset value

1.68 

1.60 

 1.37

1.12

0.93

Market capitalisation (in mDKK)

13,939 

12,489 

 9.131

6,812

5,313

 

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