0 XP   0   0   0

SAF Holland SA
Buy or Sell?

Welcome Invester! I guess you are interested in SAF Holland SA. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

Let's start. I'm going to help you getting a better view of SAF Holland SA. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is SAF Holland SA even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how SAF Holland SA is doing in the market. If the company is worth buying. The latest step is to find out how other investors value SAF Holland SA. The closing price on 2022-09-29 was €6.08 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
SAF Holland SA Daily Candlestick Chart


Summary

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

1.1. Profitability of SAF Holland SA.

1.1. Profitability

An important factor of a company's health is the profitability.

1.1.1. Net Profit Margin

Measures how much net profit SAF Holland SA earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare SAF Holland SA to the Auto Parts industry mean.
  • A Net Profit Margin of 1.1% means that €0.01 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of SAF Holland SA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.1%-1.1%
TTM1.1%YOY3.1%-2.0%
TTM1.1%5Y2.0%-0.9%
5Y2.0%10Y2.7%-0.7%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.8%-3.8%
TTM1.1%3.1%-2.0%
YOY3.1%4.5%-1.4%
5Y2.0%2.9%-0.9%
10Y2.7%3.8%-1.1%
1.1.2. Return on Assets

Shows how efficient SAF Holland SA is using its assets to generate profit.

  • Above 5% is considered healthy but always compare SAF Holland SA to the Auto Parts industry mean.
  • 1.1% Return on Assets means that SAF Holland SA generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of SAF Holland SA:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.1%+0.7%
TTM1.1%YOY0.9%+0.2%
TTM1.1%5Y0.8%+0.3%
5Y0.8%10Y1.0%-0.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%0.8%+1.0%
TTM1.1%0.8%+0.3%
YOY0.9%1.0%-0.1%
5Y0.8%0.8%0.0%
10Y1.0%1.0%0.0%
1.1.3. Return on Equity

Shows how efficient SAF Holland SA is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare SAF Holland SA to the Auto Parts industry mean.
  • 4.9% Return on Equity means the company generated €0.05 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of SAF Holland SA:

  • The MRQ is 4.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.9%TTM3.1%+1.8%
TTM3.1%YOY2.7%+0.4%
TTM3.1%5Y2.4%+0.7%
5Y2.4%10Y2.8%-0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9%1.7%+3.2%
TTM3.1%1.5%+1.6%
YOY2.7%2.2%+0.5%
5Y2.4%1.6%+0.8%
10Y2.8%2.0%+0.8%

1.2. Operating Efficiency of SAF Holland SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient SAF Holland SA is operating .

  • Measures how much profit SAF Holland SA makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare SAF Holland SA to the Auto Parts industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of SAF Holland SA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.2%-2.2%
TTM2.2%YOY5.3%-3.0%
TTM2.2%5Y3.8%-1.6%
5Y3.8%10Y5.1%-1.3%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.9%-4.9%
TTM2.2%4.0%-1.8%
YOY5.3%6.3%-1.0%
5Y3.8%5.0%-1.2%
10Y5.1%4.1%+1.0%
1.2.2. Operating Ratio

Measures how efficient SAF Holland SA is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 0.0% means that the operating costs are €0.00for each €1 in net sales.

Let's take a look of the Operating Ratio trends of SAF Holland SA:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.473-0.473
TTM0.473YOY0.935-0.462
TTM0.4735Y0.854-0.381
5Y0.85410Y0.894-0.040
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.714-1.714
TTM0.4731.671-1.198
YOY0.9351.589-0.654
5Y0.8541.518-0.664
10Y0.8941.214-0.320

1.3. Liquidity of SAF Holland SA.

1.3. Liquidity
1.3.1. Current Ratio

Measures if SAF Holland SA is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 143.1% means the company has €1.43 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of SAF Holland SA:

  • The MRQ is 1.431. The company is just able to pay all its short-term debts.
  • The TTM is 2.120. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.431TTM2.120-0.689
TTM2.120YOY2.320-0.200
TTM2.1205Y2.257-0.137
5Y2.25710Y2.393-0.136
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4311.598-0.167
TTM2.1201.536+0.584
YOY2.3201.537+0.783
5Y2.2571.389+0.868
10Y2.3931.134+1.259
1.3.2. Quick Ratio

Measures if SAF Holland SA is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy (always compare to Auto Parts industry mean)
  • A Quick Ratio of 42.7% means the company can pay off €0.43 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SAF Holland SA:

  • The MRQ is 0.427. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.998. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.427TTM0.998-0.570
TTM0.998YOY1.497-0.499
TTM0.9985Y1.421-0.423
5Y1.42110Y1.226+0.195
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4270.658-0.231
TTM0.9980.656+0.342
YOY1.4970.708+0.789
5Y1.4210.676+0.745
10Y1.2260.674+0.552

1.4. Solvency of SAF Holland SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of SAF Holland SA assets are financed with debt.

  • Below 1 (100%) is considered healthy (always compare to Auto Parts industry mean).
  • A Debt to Asset Ratio of 0.63 means that SAF Holland SA assets are financed with 63.4% credit (debt) and the remaining percentage (100% - 63.4%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of SAF Holland SA:

  • The MRQ is 0.634. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.639. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.634TTM0.639-0.005
TTM0.639YOY0.675-0.036
TTM0.6395Y0.676-0.037
5Y0.67610Y0.660+0.016
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6340.502+0.132
TTM0.6390.494+0.145
YOY0.6750.498+0.177
5Y0.6760.492+0.184
10Y0.6600.488+0.172
1.4.2. Debt to Equity Ratio

Measures if SAF Holland SA is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy (always compare to Auto Parts industry mean).
  • A Debt to Equity ratio of 173.7% means that company has €1.74 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of SAF Holland SA:

  • The MRQ is 1.737. The company is just able to pay all its debts with equity.
  • The TTM is 1.777. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.737TTM1.777-0.040
TTM1.777YOY2.098-0.321
TTM1.7775Y2.145-0.368
5Y2.14510Y2.001+0.144
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7371.045+0.692
TTM1.7771.020+0.757
YOY2.0980.991+1.107
5Y2.1451.013+1.132
10Y2.0011.029+0.972

2. Market Valuation of SAF Holland SA

2. Earnings
2.1. Price to Earnings Ratio

Measures how many years it takes to double your invested money in SAF Holland SA.

  • Above 15 is considered overpriced but is hard to determine (always use industry average).
  • A PE ratio of 6.36 means the investor is paying €6.36 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SAF Holland SA:

  • The EOD is 6.116. Very good. +2
  • The MRQ is 6.357. Very good. +2
  • The TTM is 10.658. Good. +1
Trends
Current periodCompared to+/- 
EOD6.116MRQ6.357-0.241
MRQ6.357TTM10.658-4.301
TTM10.658YOY-105.571+116.229
TTM10.6585Y-8.752+19.410
5Y-8.75210Y7.041-15.793
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD6.11614.899-8.783
MRQ6.35714.655-8.298
TTM10.65816.279-5.621
YOY-105.57115.527-121.098
5Y-8.75217.243-25.995
10Y7.04117.312-10.271
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of SAF Holland SA.

  • Lower is better
  • A PEG ratio of 1 means the investor is paying a fair price for the stock

Let's take a look of the Price Earnings to Growth Ratio trends of SAF Holland SA:

  • The MRQ is 0.203. Very good. +2
  • The TTM is 0.083. Very good. +2
Trends
Current periodCompared to+/- 
MRQ0.203TTM0.083+0.120
TTM0.083YOY1.415-1.331
TTM0.0835Y0.223-0.140
5Y0.22310Y0.030+0.193
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.203-0.021+0.224
TTM0.083-0.002+0.085
YOY1.415-0.023+1.438
5Y0.223-0.045+0.268
10Y0.030-0.039+0.069

2. Books
2.3. Price to Book Ratio

Measures if the stock price of SAF Holland SA is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 0.77 means the investor is paying €0.77 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of SAF Holland SA:

  • The EOD is 0.745. Very good. +2
  • The MRQ is 0.775. Very good. +2
  • The TTM is 1.178. Good. +1
Trends
Current periodCompared to+/- 
EOD0.745MRQ0.775-0.029
MRQ0.775TTM1.178-0.403
TTM1.178YOY1.525-0.347
TTM1.1785Y1.584-0.406
5Y1.58410Y1.801-0.218
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD0.7451.474-0.729
MRQ0.7751.541-0.766
TTM1.1781.672-0.494
YOY1.5251.685-0.160
5Y1.5841.429+0.155
10Y1.8011.108+0.693

3. Summary

3.1. Key Performance Indicators

The key performance indicators of SAF Holland SA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Per Share--8.1598.063+1%6.899+18%6.884+19%6.104+34%
Current Ratio--1.4312.120-32%2.320-38%2.257-37%2.393-40%
Debt To Asset Ratio--0.6340.639-1%0.675-6%0.676-6%0.660-4%
Debt To Equity Ratio--1.7371.777-2%2.098-17%2.145-19%2.001-13%
Eps--0.3950.249+59%0.189+109%0.163+142%0.152+160%
Gross Profit Margin--1.000-22.944+2394%1.043-4%-4.068+507%-1.865+286%
Net Profit Margin---0.011-100%0.031-100%0.020-100%0.027-100%
Operating Margin---0.022-100%0.053-100%0.038-100%0.051-100%
Operating Ratio---0.473-100%0.935-100%0.854-100%0.894-100%
Pb Ratio0.745-4%0.7751.178-34%1.525-49%1.584-51%1.801-57%
Pe Ratio6.116-4%6.35710.658-40%-105.571+1761%-8.752+238%7.041-10%
Peg Ratio--0.2030.083+144%1.415-86%0.223-9%0.030+577%
Price Per Share6.080-4%6.3209.469-33%10.555-40%10.598-40%10.713-41%
Quick Ratio--0.4270.998-57%1.497-71%1.421-70%1.226-65%
Return On Assets--0.0180.011+59%0.009+102%0.008+128%0.010+85%
Return On Equity--0.0490.031+57%0.027+79%0.024+100%0.028+71%
 EOD+3 -0MRQTTM+11 -5YOY+10 -65Y+11 -510Y+11 -5

3.2. Fundamental Score

Let's check the fundamental score of SAF Holland SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-156.116
Price to Book Ratio (EOD)Between0-10.745
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.427
Current Ratio (MRQ)Greater than11.431
Debt to Asset Ratio (MRQ)Less than10.634
Debt to Equity Ratio (MRQ)Less than11.737
Return on Equity (MRQ)Greater than0.150.049
Return on Assets (MRQ)Greater than0.050.018
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of SAF Holland SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5025.176
Ma 20Greater thanMa 507.195
Ma 50Greater thanMa 1007.678
Ma 100Greater thanMa 2007.386
OpenGreater thanClose6.465
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2022-06-30. Currency in EUR. All numbers in thousands.

Summary
 As reported
Total Liabilities -
Total Stockholder Equity+ -
Total Assets = -

Assets

Total Assets-
Total Current Assets628,662
Long-term Assets628,662
Total Current Assets
Net Receivables 187,790
Inventory 237,029
Other Current Assets 28,738
Total Current Assets  (as reported)628,662
Total Current Assets  (calculated)453,557
+/- 175,105
Long-term Assets
Property Plant Equipment 206,170
Long-term Assets  (as reported)0
Long-term Assets  (calculated)206,170
+/- 206,170

Liabilities & Shareholders' Equity

Total Current Liabilities439,370
Long-term Liabilities-
Total Stockholder Equity-
Total Current Liabilities
Accounts payable 176,205
Other Current Liabilities 57,723
Total Current Liabilities  (as reported)439,370
Total Current Liabilities  (calculated)233,928
+/- 205,442
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock45,394
Other Stockholders Equity 21,088
Total Stockholder Equity (as reported)0
Total Stockholder Equity (calculated)66,482
+/- 66,482
Other
Net Tangible Assets 191,740



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
458,098
477,902
505,974
487,924
484,658
656,084
519,649
540,493
536,487
552,385
563,805
552,163
536,719
557,247
556,265
557,804
536,436
590,709
607,844
645,061
645,196
724,711
713,570
691,107
888,512
924,682
964,982
982,872
1,014,696
1,052,123
1,025,321
1,019,875
998,108
1,032,349
1,008,373
999,351
977,415
1,062,023
1,041,603
1,035,745
979,243
1,181,276
1,018,360
963,943
920,485
998,598
1,010,357
1,022,885
1,014,267
0
0
001,014,2671,022,8851,010,357998,598920,485963,9431,018,3601,181,276979,2431,035,7451,041,6031,062,023977,415999,3511,008,3731,032,349998,1081,019,8751,025,3211,052,1231,014,696982,872964,982924,682888,512691,107713,570724,711645,196645,061607,844590,709536,436557,804556,265557,247536,719552,163563,805552,385536,487540,493519,649656,084484,658487,924505,974477,902458,098000
   > Total Current Assets 
0
0
0
140,002
157,533
172,253
174,163
166,056
337,667
207,435
222,512
208,699
230,835
234,382
223,996
206,636
218,948
222,900
224,322
207,270
257,682
271,424
296,343
281,241
341,411
332,210
312,335
508,260
550,249
570,512
602,137
608,428
648,222
632,596
631,586
620,259
659,203
550,673
527,651
505,132
555,397
518,348
512,894
458,439
666,609
505,062
463,262
425,114
499,530
521,991
535,668
531,696
578,058
628,662
628,662578,058531,696535,668521,991499,530425,114463,262505,062666,609458,439512,894518,348555,397505,132527,651550,673659,203620,259631,586632,596648,222608,428602,137570,512550,249508,260312,335332,210341,411281,241296,343271,424257,682207,270224,322222,900218,948206,636223,996234,382230,835208,699222,512207,435337,667166,056174,163172,253157,533140,002000
       Cash And Cash Equivalents 
0
0
0
20,742
10,171
10,963
11,506
8,546
146,150
11,924
12,769
15,345
14,395
21,349
14,672
18,579
7,282
18,386
23,037
23,856
17,798
18,933
32,223
44,165
38,680
25,199
31,903
145,748
199,586
292,668
304,780
344,568
231,706
221,025
217,184
278,775
302,157
116,912
95,481
155,009
135,307
119,475
126,107
131,166
319,393
209,362
185,118
170,982
179,507
164,901
159,476
165,221
0
0
00165,221159,476164,901179,507170,982185,118209,362319,393131,166126,107119,475135,307155,00995,481116,912302,157278,775217,184221,025231,706344,568304,780292,668199,586145,74831,90325,19938,68044,16532,22318,93317,79823,85623,03718,3867,28218,57914,67221,34914,39515,34512,76911,924146,1508,54611,50610,96310,17120,742000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
126
337
84
15
15
121
0
0
0
0
0
118,079
76,775
1,479
21,214
975
95,335
83,549
96,604
58,388
69
6,203
5,668
1,505
2,451
1,815
2,674
3,337
4,126
3,561
3,307
2,169
2,502
1,911
2,238
2,104
0
0
002,1042,2381,9112,5022,1693,3073,5614,1263,3372,6741,8152,4511,5055,6686,2036958,38896,60483,54995,33597521,2141,47976,775118,079000001211515843371260000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
125,526
156,941
166,739
159,707
140,305
180,067
208,812
209,433
153,312
186,889
171,394
166,614
139,184
142,398
109,093
113,319
110,353
133,134
151,026
149,945
158,858
177,705
187,790
187,790177,705158,858149,945151,026133,134110,353113,319109,093142,398139,184166,614171,394186,889153,312209,433208,812180,067140,305159,707166,739156,941125,5260000000000000000000000000000000
       Other Current Assets 
0
0
0
63,752
81,861
92,424
92,939
89,428
115,335
109,100
119,392
102,954
122,777
118,191
114,699
99,894
114,648
109,794
108,734
83,176
125,662
129,713
138,609
114,920
166,801
170,318
154,871
126,425
146,679
152,687
151,544
131,897
175,482
189,160
178,548
149,351
205,188
233,175
232,549
169,250
221,743
202,206
201,101
155,807
176,323
138,532
141,037
125,539
161,744
179,224
178,657
170,400
37,639
28,738
28,73837,639170,400178,657179,224161,744125,539141,037138,532176,323155,807201,101202,206221,743169,250232,549233,175205,188149,351178,548189,160175,482131,897151,544152,687146,679126,425154,871170,318166,801114,920138,609129,713125,66283,176108,734109,794114,64899,894114,699118,191122,777102,954119,392109,100115,33589,42892,93992,42481,86163,752000
   > Long-term Assets 
0
0
0
318,096
320,369
333,721
313,761
318,602
318,417
312,214
317,981
327,788
321,550
329,423
328,167
330,083
338,299
333,365
333,482
329,166
333,027
336,420
348,718
363,955
383,300
381,360
378,772
380,252
374,433
394,470
380,735
406,268
403,901
392,725
388,289
377,849
373,146
457,700
471,700
472,283
506,626
523,255
522,851
520,804
514,667
513,298
500,681
495,371
499,068
488,366
487,217
482,571
0
0
00482,571487,217488,366499,068495,371500,681513,298514,667520,804522,851523,255506,626472,283471,700457,700373,146377,849388,289392,725403,901406,268380,735394,470374,433380,252378,772381,360383,300363,955348,718336,420333,027329,166333,482333,365338,299330,083328,167329,423321,550327,788317,981312,214318,417318,602313,761333,721320,369318,096000
       Property Plant Equipment 
0
0
0
108,625
108,962
112,053
104,184
100,630
96,334
93,943
95,979
100,746
99,203
101,451
99,056
98,662
100,041
99,597
100,420
100,605
103,634
106,359
112,170
116,971
125,253
126,797
126,642
127,750
126,114
127,187
126,161
144,263
142,397
138,292
138,131
137,766
137,596
153,231
154,374
163,263
188,619
209,091
212,122
216,736
213,248
212,041
204,686
207,123
208,171
204,239
202,897
201,334
201,118
206,170
206,170201,118201,334202,897204,239208,171207,123204,686212,041213,248216,736212,122209,091188,619163,263154,374153,231137,596137,766138,131138,292142,397144,263126,161127,187126,114127,750126,642126,797125,253116,971112,170106,359103,634100,605100,42099,597100,04198,66299,056101,45199,203100,74695,97993,94396,334100,630104,184112,053108,962108,625000
       Goodwill 
0
0
0
44,251
45,996
48,903
45,670
45,822
44,571
44,174
45,295
0
45,745
47,151
0
46,985
47,672
47,302
46,491
45,404
46,529
46,694
48,305
50,248
53,121
52,531
52,185
52,985
52,027
52,510
52,498
56,059
55,619
56,043
55,220
54,134
53,574
79,418
82,581
84,480
89,549
88,921
78,805
78,826
79,110
78,730
77,830
77,119
78,165
77,823
78,311
78,985
0
0
0078,98578,31177,82378,16577,11977,83078,73079,11078,82678,80588,92189,54984,48082,58179,41853,57454,13455,22056,04355,61956,05952,49852,51052,02752,98552,18552,53153,12150,24848,30546,69446,52945,40446,49147,30247,67246,985047,15145,745045,29544,17444,57145,82245,67048,90345,99644,251000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,668
15,725
15,366
15,407
17,092
17,139
18,692
19,185
18,142
18,868
20,863
20,754
17,669
0
0
0
0
0
0
0
0
0
0
000000000017,66920,75420,86318,86818,14219,18518,69217,13917,09215,40715,36615,72516,6680000000000000000000000000000000
       Intangible Assets 
0
0
0
137,651
139,273
142,842
135,686
140,886
136,855
134,775
136,054
0
136,577
140,023
0
138,469
140,764
141,099
140,334
139,118
138,190
137,810
140,590
142,363
147,381
145,173
145,038
145,372
142,448
143,076
141,689
149,520
148,494
143,628
142,591
140,336
137,670
177,096
180,335
181,284
182,125
179,028
183,490
179,099
177,267
176,725
170,856
162,780
162,914
157,821
156,648
156,904
0
0
00156,904156,648157,821162,914162,780170,856176,725177,267179,099183,490179,028182,125181,284180,335177,096137,670140,336142,591143,628148,494149,520141,689143,076142,448145,372145,038145,173147,381142,363140,590137,810138,190139,118140,334141,099140,764138,4690140,023136,5770136,054134,775136,855140,886135,686142,842139,273137,651000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
58,708
41,666
39,396
36,940
50,872
27,167
29,263
35,225
61,588
27,465
25,352
27,680
72,914
27,105
27,887
29,849
59,146
32,084
31,048
31,174
57,662
29,148
33,566
33,56629,14857,66231,17431,04832,08459,14629,84927,88727,10572,91427,68025,35227,46561,58835,22529,26327,16750,87236,94039,39641,66658,7080000000000000000000000000000000
> Total Liabilities 
0
0
0
434,342
454,372
478,782
469,732
459,731
484,861
344,156
358,367
344,255
357,436
356,094
340,796
338,856
349,114
346,911
346,791
314,250
358,856
376,298
392,977
396,599
447,152
441,437
419,265
600,712
630,891
677,192
687,062
709,119
736,254
732,947
725,048
697,133
728,573
701,408
684,824
644,866
709,308
703,871
690,549
661,237
862,722
708,017
660,030
620,023
673,400
675,511
669,147
643,197
0
0
00643,197669,147675,511673,400620,023660,030708,017862,722661,237690,549703,871709,308644,866684,824701,408728,573697,133725,048732,947736,254709,119687,062677,192630,891600,712419,265441,437447,152396,599392,977376,298358,856314,250346,791346,911349,114338,856340,796356,094357,436344,255358,367344,156484,861459,731469,732478,782454,372434,342000
   > Total Current Liabilities 
0
0
0
69,610
93,156
107,663
106,662
97,321
244,246
133,808
126,929
124,386
136,652
131,556
127,651
108,624
127,262
127,074
125,417
116,344
152,435
145,867
142,485
131,602
173,878
157,697
148,166
125,295
152,213
138,976
147,765
153,683
177,335
257,128
247,890
235,253
268,929
221,385
206,033
174,954
222,881
206,958
296,168
335,156
345,574
283,132
205,721
171,127
224,774
224,965
224,662
224,782
251,520
439,370
439,370251,520224,782224,662224,965224,774171,127205,721283,132345,574335,156296,168206,958222,881174,954206,033221,385268,929235,253247,890257,128177,335153,683147,765138,976152,213125,295148,166157,697173,878131,602142,485145,867152,435116,344125,417127,074127,262108,624127,651131,556136,652124,386126,929133,808244,24697,321106,662107,66393,15669,610000
       Short-term Debt 
0
0
0
5,866
5,600
6,452
1,679
3,889
117,958
11,090
6,541
11,597
11,333
11,732
11,928
7,500
8,464
7,614
9,158
15,219
14,658
8,821
2,396
3,942
5,129
1,349
8,266
4,382
6,104
2,468
4,297
7,654
8,772
79,067
81,256
81,353
83,328
4,251
3,699
4,127
8,264
11,432
113,287
161,519
161,392
156,771
60,615
9,388
17,265
8,019
7,893
32,177
0
0
0032,1777,8938,01917,2659,38860,615156,771161,392161,519113,28711,4328,2644,1273,6994,25183,32881,35381,25679,0678,7727,6544,2972,4686,1044,3828,2661,3495,1293,9422,3968,82114,65815,2199,1587,6148,4647,50011,92811,73211,33311,5976,54111,090117,9583,8891,6796,4525,6005,866000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
443,253
444,161
439,476
81,227
81,321
83,270
4,032
3,509
3,936
3,266
3,277
104,974
153,393
153,198
148,549
53,141
1,539
9,959
854
685
24,775
0
0
0024,7756858549,9591,53953,141148,549153,198153,393104,9743,2773,2663,9363,5094,03283,27081,32181,227439,476444,161443,2530000000000000000000000000000000
       Accounts payable 
0
0
0
40,874
61,418
72,690
76,570
69,938
94,766
95,554
91,572
86,038
94,356
92,907
88,696
70,643
85,989
91,004
87,133
79,253
106,997
106,980
106,420
94,363
123,332
117,296
102,783
89,940
110,704
100,974
107,745
106,714
124,209
131,165
119,872
114,219
145,148
175,383
159,517
129,115
168,445
150,799
132,303
110,366
142,938
80,905
105,759
107,172
147,370
163,373
160,631
145,789
179,314
176,205
176,205179,314145,789160,631163,373147,370107,172105,75980,905142,938110,366132,303150,799168,445129,115159,517175,383145,148114,219119,872131,165124,209106,714107,745100,974110,70489,940102,783117,296123,33294,363106,420106,980106,99779,25387,13391,00485,98970,64388,69692,90794,35686,03891,57295,55494,76669,93876,57072,69061,41840,874000
       Other Current Liabilities 
0
0
0
22,870
26,138
28,521
28,413
23,494
31,522
27,164
28,816
26,751
30,963
26,917
27,027
30,481
32,809
28,456
29,126
21,872
30,780
30,066
33,669
33,297
45,417
39,052
37,117
30,973
35,405
35,534
35,723
39,315
44,354
46,896
46,762
39,681
40,453
41,751
42,817
41,712
46,172
44,727
50,578
63,271
41,244
45,456
39,347
54,567
60,139
53,573
56,138
46,816
49,566
57,723
57,72349,56646,81656,13853,57360,13954,56739,34745,45641,24463,27150,57844,72746,17241,71242,81741,75140,45339,68146,76246,89644,35439,31535,72335,53435,40530,97337,11739,05245,41733,29733,66930,06630,78021,87229,12628,45632,80930,48127,02726,91730,96326,75128,81627,16431,52223,49428,41328,52126,13822,870000
   > Long-term Liabilities 
0
0
0
364,732
361,216
371,119
363,070
362,410
240,615
210,348
231,438
219,869
220,784
224,538
213,145
230,232
221,852
219,837
221,374
197,906
206,421
230,431
250,492
264,997
273,274
283,740
271,099
475,417
478,678
538,216
539,297
555,436
558,919
475,819
477,158
461,880
459,644
480,023
478,791
469,912
486,427
496,913
394,381
326,081
517,148
424,885
454,309
448,896
448,626
450,546
444,485
418,415
0
0
00418,415444,485450,546448,626448,896454,309424,885517,148326,081394,381496,913486,427469,912478,791480,023459,644461,880477,158475,819558,919555,436539,297538,216478,678475,417271,099283,740273,274264,997250,492230,431206,421197,906221,374219,837221,852230,232213,145224,538220,784219,869231,438210,348240,615362,410363,070371,119361,216364,732000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
119,837
123,530
115,410
116,597
100,573
98,165
115,154
113,859
105,415
108,461
106,108
106,866
104,767
102,922
93,443
97,431
90,601
90,770
93,290
92,221
80,525
81,686
80,531
80,53181,68680,52592,22193,29090,77090,60197,43193,443102,922104,767106,866106,108108,461105,415113,859115,15498,165100,573116,597115,410123,530119,8370000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,757
0
0
0
15,084
0
0
0
18,119
0
0
0
19,765
0
0
0
15,608
0
0
0
16,826
0
0
0016,82600015,60800019,76500018,11900015,08400012,7570000000000000000000000000000000
> Total Stockholder Equity
0
0
0
23,756
23,530
27,192
18,192
24,927
171,223
175,493
182,126
192,232
194,949
207,711
211,367
197,863
208,133
209,354
211,013
222,186
230,369
230,014
250,549
246,593
275,268
269,684
269,978
285,818
292,020
286,183
294,386
300,399
310,946
288,254
290,870
298,842
301,925
297,038
303,458
321,480
340,476
325,249
332,041
304,981
315,055
306,925
300,309
297,819
322,318
334,041
352,907
370,220
0
0
00370,220352,907334,041322,318297,819300,309306,925315,055304,981332,041325,249340,476321,480303,458297,038301,925298,842290,870288,254310,946300,399294,386286,183292,020285,818269,978269,684275,268246,593250,549230,014230,369222,186211,013209,354208,133197,863211,367207,711194,949192,232182,126175,493171,22324,92718,19227,19223,53023,756000
   Common Stock
0
0
0
207
207
207
207
207
412
412
412
412
412
412
412
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
454
45,395
45,395
45,394
45,394
45,394
45,394
45,394
45,394
45,394
45,39445,39445,39445,39445,39445,39445,39445,39545,395454454454454454454454454454454454454454454454454454454454454454454454454454454454454454454412412412412412412412207207207207207000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 000000-187,587000-173,700000-151,413000-136,089000-133,097000-115,281000-104,041000-91,903000-85,373000-75,130000-61,790000-46,146000
   Capital Surplus 000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
93,150
102,365
105,505
97,093
102,631
241,061
238,858
238,142
243,161
242,017
247,157
245,919
242,919
246,012
241,401
237,956
242,877
242,724
245,399
254,744
246,912
257,587
254,283
242,752
249,026
243,943
241,862
239,217
254,890
253,861
238,994
233,969
230,424
223,938
234,085
225,134
234,744
242,734
238,689
249,681
244,624
236,955
190,988
178,291
168,002
181,542
178,660
182,972
200,591
-17,142
21,088
21,088-17,142200,591182,972178,660181,542168,002178,291190,988236,955244,624249,681238,689242,734234,744225,134234,085223,938230,424233,969238,994253,861254,890239,217241,862243,943249,026242,752254,283257,587246,912254,744245,399242,724242,877237,956241,401246,012242,919245,919247,157242,017243,161238,142238,858241,061102,63197,093105,505102,36593,150000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.