Annual Report 2018

Historical summary

at 31 December

20181

2017¹

2016

2015

2014

2013

Result (in thousand €)

Sales

396,331

408,785

410,457

385,440

363,953

357,363

Gross profit

220,907

235,861

237,107

222,215

208,653

203,185

EBITDA corrected for one-off costs related to the restructuring2

624

28,493

37,528

41,115

31,284

22,272

Operating profit

(23,687)

15,728

26,035

30,699

23,042

12,284

Net profit (loss)

(23,250)

9,525

19,015

22,559

16,860

8,198

Depreciation, amortisation and impairment

(16,187)

(12,559)

11,168

9,825

8,242

9,988

Net cashflow from operating activities

18

15,686

34,045

36,009

32,612

22,172

Net investment

16,804

21,177

16,209

15,372

12,207

4,633

Capital (in thousand €)

Total assets

140,680

156,730

143,617

131,677

117,123

102,485

Equity

46,636

70,184

76,878

75,750

68,635

57,963

Figures per share

Earnings per share €

(0.85)

0.49

0.87

1.03

0.77

0.38

Dividend paid in €

-

0.37

0.74

0.87

0.65

0.27

Average number of outstanding shares (in 1,000 of shares)

21,956

21,956

21,956

21,947

21,855

21,734

Share price in € at year-end

3.60

13.24

16.90

22.48

17.20

17.61

Ratios

Sales growth

(3.0%)

1.5%

6.5%

5.9%

1.8%

(10.0%)

Gross profit/sales

55.7%

57.7%

57.8%

57.7%

57.3%

56.9%

EBITDA/sales

0.2%

7.0%

9.1%

10.7%

8.6%

6.2%

Operating profit/sales

(6.0%)

3.8%

6.3%

8.0%

6.3%

3.4%

Net profit/sales

(5.9%)

2.3%

4.6%

5.9%

4.6%

2.3%

Solvency

33.2%

44.8%

53.5%

57.5%

58.6%

56.6%

Other information

Number of stores at year-end

1,009

1,188

1,206

1,161

1,127

1,175

Average number of FTE during the year

2,807

2,728

2,621

2,427

2,388

2,458

Sales per FTE (in € 1,000)

141

150

157

159

152

145

  1. 1 Excluding discontinued operations.
  2. 2 Operating profit before depreciation, amortisation, impairments and carrying amount of disposals.