28. The Group's key financial ratios

Notes to the Consolidated Financial Statements

28. The Group's key financial ratios 

€ 000

2015

2014

2013

2012

2011

Extent of business

     

 

 

Net sales, € 000

107,880 97,433 99,740 100,448 121,940

- change on previous year, %

10.7% -2.3% -0.7% -17.6% -6.8%

Gross capital expenditure, € 000

1,473 1,147 1,598 802 2,733

- % of net sales

1% 1% 2% 1% 2%

Capitalisation for research and development 

- -

 -

 -

-

- % of net sales

0% 0% 0% 0% 0%

Number of personnel, 31 December

944 932 938 982 1,175

Average number of personnel

932 935 939 1,025 1,453

 

     

 

 

Profitability

     

 

 

Operating profit, € 000

7,641 4,310 -2,822 6,884 -22,168

- % of net sales

7% 4% -3% 7% -18%

Net profit, € 000

5,228 2,850 -4,067 4,024 -22,452

- % of net sales

5% 3% -4% 4% -18%

Return on equity, %

14% 8% -10% 10% -42%

Return on investment, %

16% 9% -4% 11% -29%
 
     

 

 

Financing and financial standing

       

 

Loans from financial institutions, € 000

13,513 16,245 16,883 19,849 21,872

Cash and cash equivalents, € 000

6,710 5,132 6,454 8,283 8,170

Net gearing, %

17% 30% 29% 28% 34%

Equity ratio, %

54% 51% 50% 53% 48%

Cash flow from operations, € 000

6,679 1,824 4,855 19,946 8,842

Dividends (paid) *

1,039 2,082 2,082 2,077 5,577

Earnings per share, EUR undiluted

0.25 0.14 -0.20 0.19 -1.08

Earnings per share, EUR diluted

0.25 0.14 -0.20 0.19 -1.08

Equity per share 

1.96 1.76 1.73 2.01 1.90

Dividend per share (proposal for 2015)

0.08 0.05 0.10 0.10 0.10

Dividend payout ratio

- 36% - 53% -

Effective dividend yield

- 2% 3% 4% 4%

Price/earnings ratio (P/E)

28.04 19.0 - 13.79 -

Lowest share price

2.74 2.66 2.65 2.28 2.30

Highest share price

7.47 4.59 4.34 3.30 5.79

Average share price

4.05 3.79 3.19 2.82 3.88

Market capitalisation

146,338 55,529 81,624 54,694 50,519

Trading volume, shares

7,652,995 3,864.505 4,095,297 1,652,971 7,135,305

Trading volume, %

37% 19% 20% 8% 34%
*In 2012 and 2014, repayment of capital instead of dividends.
 

The weighted average number of shares during the accounting period, adjusted for share issues, was 20,768,097. The diluted weighted average number of shares during the period was 20,768,097. The number of shares outstanding at the end of the accounting period was 20,741,144. At the year-end, the company held 57,372 of its own shares.