Key figures and key ratios

REVENUE AND INCOME (in mDKK)

2018 

2017 

2016 

2015 

2014

Revenue

18,253 

 17,032

14,369 

 12,566

11,784

Operating profit before depreciation (EBITDA)

1,579 

 1,568

1,472 

 1,214

1,070

Depreciation and impairment losses

532 

 475

434 

 383

363

Operating profit (EBIT)

1,047 

 1,093

1,038 

 831

708

Profit after tax in associates and joint ventures

70 

 42

566 

 86

28

Gains on divestments

Net financials

-40 

 -30

-27 

 -46

-35

Profit before tax

1,086 

 1,105

1,578 

 871

701

Profit for the year

796 

 875

1,339 

 645

428

 

CASH FLOWS (in mDKK)

2018 

2017 

2016 

2015 

2014

Cash flows from operating activities

837 

763 

1,598 

 1,171

628

Cash flows from investing activities

-1,360 

-2,763 

-395 

 -569

-355

Of which investment in property, plant and equipment

-685 

-809 

-828 

 -354

-233

Cash flows from financing activities

623 

818 

-925 

 -324

-563

INVESTED CAPITAL AND FINANCING (in mDKK)

2018 

 2017

2016 

2015 

2014

Invested capital excluding goodwill

8,831 

7,337 

5,416 

 4,464

4,528

Total assets

16,940 

14,389 

12,273 

 10,516

9,882

Working capital

3,441 

2,505 

1,727 

 1,598

1,775

Net interest bearing debt (NIBD)

2,425 

1,275 

-1,028 

 -511

44

Share of equity attributable to shareholders of Schouw & Co.

8,652 

8,317 

7,797 

 6,656

6,071

Minority interests

15 

18 

 21

3

Total equity

8,659 

8,332 

7,814 

 6,677

6,074

 

FINANCIAL DATA

2018 

2017 

2016 

2015 

2014

EBITDA margin (%)

8.7 

9.2 

10.2 

 9.7

9.1

EBIT margin (%)

5.7 

6.4 

7.2 

 6.6

6.0

EBT margin (%)

6.0 

6.5 

11.0 

 6.9

6.0

Return on equity (%)

9.4 

10.9 

18.6 

 10.2

7.2

Equity ratio (%)

51.1 

57.9 

63.7 

 63.5

61.5

ROIC excluding goodwill (%)

14.5 

17.6 

20.2 

 18.3

16.9

ROIC including goodwill (%)

11.3 

13.8 

16.6 

 15.1

14.0

NIBD/EBITDA 

1.5 

0.8 

-0.7 

 -0.4

0.0

Average number of employees during the year 

7,174 

6,087 

4,108 

 2,382

2,139

 

PER SHARE DATA

2018 

2017 

2016 

2015 

2014

Earnings per share (of DKK 10)

33.43 

36.85 

56.56 

 27.48

18.08

Diluted earnings per share (of DKK 10) 

33.35 

36.63 

56.41 

 27.38

18.02

Dividend per share (of DKK 10)

13.00 

13.00 

12.00 

 10.00

8.00

Net asset value per share (of DKK 10)

365.17 

346.99 

328.38 

 282.10

258.44

Share price at year end (of DKK 10)

485.60 

581.50 

526.00 

 387.00

290.00

Price/net asset value

1.33 

1.68 

1.60 

 1.37

1.12

Market capitalisation (in mDKK)

11,505 

13,939 

12,489 

 9.131

6,812

 

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