Ten-Year-Overview

Enlarge table

 

  

2018

  

2017

  

2016

  

2015

  

2014

  

2013

  

2012

  

2011

  

2010

  

2009

1

EBITDA before special items/Net sales.

2

EBIT/Net sales.

3

Net financial liabilities/EBITDA before special items.

4

Dividend proposal.

Net sales (in EUR million)

  

2,796

  

2,733

  

2,693

  

2,809

  

2,572

  

2,432

  

2,346

  

2,059

  

1,729

  

1,562

Net sales by segments

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Europe incl. Middle East and Africa

  

1,736

  

1,681

  

1,660

  

1,683

  

1,566

  

1,457

  

1,378

  

1,245

  

1,073

  

1,041

Americas

  

574

  

577

  

582

  

671

  

587

  

570

  

559

  

455

  

381

  

312

Asia/Pacific

  

410

  

396

  

382

  

393

  

361

  

347

  

353

  

309

  

230

  

165

Licenses

  

76

  

79

  

69

  

62

  

58

  

58

  

56

  

50

  

45

  

44

Net sales by distribution channel

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Group's own retail business

  

1,768

  

1,732

  

1,677

  

1,689

  

1,471

  

1,314

  

1,150

  

924

  

691

  

510

Wholesale

  

952

  

922

  

947

  

1,058

  

1,043

  

1,060

  

1,140

  

1,085

  

993

  

1,008

Licenses

  

76

  

79

  

69

  

62

  

58

  

58

  

56

  

50

  

45

  

44

Results of operations (in EUR million)

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Gross profit

  

1,824

  

1,808

  

1,777

  

1,853

  

1,699

  

1,580

  

1,444

  

1,252

  

1,022

  

836

Gross profit margin in %

  

65.2

  

66.2

  

66.0

  

66.0

  

66.1

  

64.9

  

61.6

  

60.8

  

59.1

  

53.5

EBITDA

  

476

  

499

  

433

  

590

  

572

  

561

  

524

  

468

  

340

  

227

EBITDA before special items

  

489

  

491

  

493

  

594

  

591

  

565

  

528

  

470

  

354

  

269

Adjusted EBITDA margin in %1

  

17.5

  

18.0

  

18.3

  

21.2

  

23.0

  

23.2

  

22.5

  

22.8

  

20.5

  

17.2

EBIT

  

347

  

341

  

263

  

448

  

449

  

456

  

432

  

395

  

268

  

157

EBIT margin in %2

  

12.4

  

12.5

  

9.8

  

15.9

  

17.4

  

18.7

  

18.4

  

19.1

  

15.3

  

10.0

Net income attributable to equity holders of the parent company

  

236

  

231

  

194

  

319

  

333

  

329

  

307

  

285

  

189

  

106

Net assets and liabiltiy structure as of December 31 (in EUR million)

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Trade net working capital

  

537

  

459

  

524

  

528

  

503

  

432

  

409

  

400

  

323

  

296

Non-current assets

  

686

  

662

  

752

  

765

  

660

  

612

  

588

  

503

  

455

  

435

Equity

  

981

  

915

  

888

  

956

  

844

  

740

  

632

  

517

  

361

  

206

Equity ratio in %

  

53

  

53

  

49

  

53

  

51

  

49

  

40

  

36

  

27

  

19

Total assets

  

1,858

  

1,720

  

1,799

  

1,800

  

1,662

  

1,501

  

1,577

  

1,420

  

1,343

  

1,065

Financial position and dividend (in EUR million)

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Free cash flow

  

170

  

294

  

220

  

208

  

268

  

230

  

221

  

195

  

246

  

300

Net financial liabilities (as of December 31)

  

22

  

7

  

113

  

82

  

36

  

57

  

130

  

149

  

201

  

379

Capital expenditure

  

155

  

128

  

157

  

220

  

135

  

185

  

166

  

108

  

56

  

48

Depreciation/amortization

  

129

  

158

  

169

  

142

  

123

  

105

  

92

  

73

  

72

  

69

Total leverage (as of December 31)3

  

0.0

  

0.0

  

0.2

  

0.1

  

0.1

  

0.1

  

0.2

  

0.3

  

0.6

  

1.4

Amount distributed

  

186⁴

  

183

  

179

  

250

  

250

  

231

  

215

  

199

  

140

  

67

Additional key figures

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Employees (as of December 31)

  

14,685

  

13,985

  

13,798

  

13,764

  

12,990

  

12,496

  

11,852

  

11,004

  

9,944

  

9,027

Personnel expenses (in EUR million)

  

629

  

604

  

605

  

563

  

514

  

483

  

450

  

374

  

365

  

329

Number of Group´s own retail stores

  

1,113

  

1,139

  

1,124

  

1,113

  

1,041

  

1,010

  

840

  

622

  

537

  

438

Shares (in EUR)

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Earnings per share

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Ordinary share

  

3.42

  

3.35

  

2.80

  

4.63

  

4.83

  

4.77

  

4.44

  

4.12

  

2.73

  

1.52

Preferred share

  

-

  

-

  

-

  

-

  

-

  

-

  

-

  

4.13

  

2.74

  

1.53

Dividend per share

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Ordinary share

  

2.70⁴

  

2.65

  

2.60

  

3.62

  

3.62

  

3.34

  

3.12

  

2.88

  

2.02

  

0.96

Preferred share

  

-

  

-

  

-

  

-

  

-

  

-

  

-

  

2.89

  

2.03

  

0.97

Last share price (as of December 31)

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Ordinary share

  

53.92

  

70.94

  

58.13

  

76.60

  

101.70

  

103.50

  

79.80

  

55.19

  

49.23

  

20.22

Preferred share

  

-

  

-

  

-

  

-

  

-

  

-

  

-

  

56.90

  

56.50

  

24.55

Number of shares (as of December 31)

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

Ordinary share

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

70,400,000

  

35,860,000

  

35,860,000

  

35,860,000

Preferred share

  

0

  

0

  

0

  

0

  

0

  

0

  

0

  

34,540,000

  

34,540,000

  

34,540,000