Vidrala FY2013 Results

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February 28, 2014 2013 Full year results

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Presentation about Vidrala's Business Performance for the FY 2013

Transcript of Vidrala FY2013 Results

  • February 28, 2014 2013 Full year results
  • 2013 KEY FIGURES 2013 Change (yoy) 472.9 +3.5% 72.4 +10.8% Net income 52.3 +12.4% EPS (EUR/share) 2.20 +13.4% 56.7 +13.6% Debt 117.9 -26.1% Free cash flow EUR in millions Sales Operating income 2
  • EPS (EARNINGS PER SHARE) ADJUSTED, SINCE 2009 EUR/SHARE 2.20 0,00 0,50 1,00 1,50 2,00 2,50 2009 2010 2011 2012 2013 3
  • SALES ANNUAL ACCUMULATED SINCE 2009 EUR in millions 382.4 405.9 433.3 456.9 472.9 300 350 400 450 500 2009 2010 2011 2012 2013 4
  • SALES HALF YEAR FIGURES SINCE 2011 EUR in millions 219.4 213.9 235.0 221.9 245.8 227.2 0,0 50,0 100,0 150,0 200,0 250,0 300,0 H1 H2 2011 2012 2013 yoy +4.6% yoy +2.4% 5
  • OPERATING PROFIT (EBIT) ANNUAL ACCUMULATED SINCE 2009 EUR in millions 55.0 62.9 61.0 65.3 72.4 45 50 55 60 65 70 75 2009 2010 2011 2012 2013 6
  • OPERATING MARGINS (EBIT) HALF YEAR FIGURES SINCE 2011 EBIT as a % of sales 13.5% 14.8% 14.0% 14.6% 15.0% 15.6% 10,0% 11,0% 12,0% 13,0% 14,0% 15,0% 16,0% H1 H2 2011 2012 2013 yoy +102.4 bp yoy +98.2 bp 7
  • 61.0 65.3 72.4 63.9 71.1 83.6 2011 2012 2013 EBIT EBITDA after CAPEX OPERATING PROFILE EBIT and EBITDA after Capex SINCE 2011 EUR in millions and % of sales 14.8% 14.3% 15.6% 15.3%(% of sales) 17.7%14.1% 8
  • FINANCIAL PROFILE DEBT AND EQUITY, SINCE 2009 AT YEAR END EUR in millions DEBT/EBITDA 2.8x 2.2x 1.9x 1.5x 1.0x GEARING 102% 76% 61% 47% 31% 257.0 218.9 189.3 159.6 117.9 252.0 287.0 311.8 338.5 374.5 0 50 100 150 200 250 300 350 400 DEC 2009 DEC 2010 DEC 2011 DEC 2012 DEC 2013 DEBT SHAREHOLDERS' EQUITY 9
  • CASH PROFILE CASH GENERATION IN 2013 EUR in millions and % of sales 114.0 56.7 EBITDA 2013 FREE CASH FLOW 2013 WORKING CAPITAL INTERESTS & TAXES CAPEX 24.1% 2.7% 3.0% 6.4% 12.0% 10
  • CASH ALLOCATION 2013 EUR in millions (13.6) DIVIDEND PAYMENT SHARE BUYBACKS ( 41.7) DEBT REDUCTION 52.3 56.7 NET INCOME FREE CASH FLOW (1.4) 11
  • ROCE* * EBIT after taxes for the year/capital employed for the year SINCE 2009 11.4% 0,0% 2,0% 4,0% 6,0% 8,0% 10,0% 12,0% 2009 2010 2011 2012 2013 12
  • February 28, 2014 Q&A