• Economic highlights
    [Euro ‘000] 2019 2018 2017 2016 2015 2014 2013
    Revenue 1,214,230 1,193,388 1,140,214 925,806 876,309 858,401 670,764
    EBITDA 255,222 235,918 224,045 209,963 191,322 192,640 147,386
    EBITDA margin % 21.0% 19.8% 19.6% 22.7% 21.8% 22.4% 22.0%
    EBIT 146,920 152,785 143,455 138,169 116,610 130,931 98,930
    EBIT margin % 12.1% 12.8% 12.6% 14.9% 13.3% 15.3% 14.7%
    Financial income (expense) -14,850 21,415 -13,242 28,535 1,521 2,222 -2,963
    Profit before taxes 132,380 175,250 134,998 171,831 123,196 136,368 98,237
    Income taxes 37,295 32,462 15,784 42,988 25,298 27,394 22,075
    Profit for the year 95,085 142,788 119,214 128,843 97,898 108,975 76,162
    Profit for the period margin % 7.8% 12.0% 10.5% 13.9% 11.2% 12.7% 11.4%
    Group net profit 90,576 136,331 116,838 115,319 91,767 89,300 64,736
    Group net profit margin % 7.5% 11.4% 10.2% 12.5% 10.5% 10.4% 9.7%
  • Financial highlights
    [Euro ‘000] 2019 2018 2017 2016 2015 2014 2014
    Net capital employed (a) 1,352,065 1,308,514 1,150,826 1,218,592 940,117 988,916 931,442
    Total assets 1,909,930 1,828,792 1,639,339 1,722,610 1,283,593 1,281,560 1,202,828
    Total equity 1,020,876 927,639 783,763 769,262 780,996 767,375 666,358
    Group shareholders’ equity 849,752 767,571 695,275 667,398 654,177 592,381 476,245
    Net interest-bearing debt 138,819 195,279 185,360 241,984 68,142 117,028 141,631

    (a) Intangible assets + tangible assets + working capital

  • Profitability and financial structure ratios
      2019 2018 2017 2016 2015 2014 2013
    Return on Equity (a) 9.8% 16.7% 15.4% 16.6% 12.6% 15.2% 13.0%
    Return on average capital employed (ROCE) (b) 8.4% 9.9% 12.1% 9.6% 9.6% 10.9% 12.0%
    Equity ratio (c) 53.5% 50.7% 47.8% 44.7% 60.8% 59.9% 55.4%
    Net gearing ratio (d) 13.6% 21.1% 23.7% 31.5% 8.7% 15.3% 21.3%
    Net interest-bearing debt / EBITDA 0.5x 0.8x 0.8x 1.2x 0.4x 0.6x 1.0x

    (a) Net profit / Average equity
    (b) EBIT after effective tax rate / Net average capital employed
    (c) Total equity / Total assets
    (d) Net interest-bearing debt / Total equity

  • Employees
      2019 2018 2017 2016 2015 2014 2013
    Number of employees (at 31 Dec.) 2,969 3,012 2,939 2,918 2,580 2,583 2,650
    Number of employees in Denmark 727          720        735             722        722            690 701
  • Volumes sold
    ('000) 2019 2018 2017 2016 2015 2014 2013
    Grey and white cement (tonnes) 9,544 9,745 10,110 8,263 7,654 7,939 4,384
    Ready-mixed concrete (m3) 4,116 4,919 4,948 4,253 3,663 3,454 2,539
    Aggregates (tonnes) 9,710 9,953 9,335 4,462 3,813 3,259 3,234
Last update: 12/05/2020 | 10:26