Cash flow Marks & Spencer Group plc

Equities

MKS

GB0031274896

Food Retail & Distribution

Market Closed - London S.E. Other stock markets 09:05:06 18/05/2026 pm IST			5-day change	1st Jan Change
326.90 ^GBX	+2.09%		+1.36%	-0.94%

04:00pm	Berenberg Tweaks Marks & Spencer Forecasts Ahead of FY26 Results	MT
12/05	Pound wobbles, bonds suffer as Starmer battles on	AN

db457cf44eeab456102a8e6a2f9c4e.vWdmULxdiSnCXt9C4OAIBU4fFivBDnT8nORd8INs0Lk.3y8UCvg3xVmlJ5M6k9JYbB99TByUawPRpIApkfojv9PpNy1i0Ci8HLosmg

Published financial data: MARKS & SPENCER GROUP PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	915.57Cr	1.09TCr	1.19TCr	1.3TCr	1.38TCr
Total Revenues	915.57Cr	1.09TCr	1.19TCr	1.3TCr	1.38TCr
Cost of Goods Sold, Total	642.62Cr	726.95Cr	789.79Cr	858.17Cr	934.49Cr
Gross Profit	272.95Cr	361.56Cr	403.34Cr	445.84Cr	447.19Cr
Selling General & Admin Expenses, Total	177.53Cr	237.08Cr	279.8Cr	297.9Cr	303.81Cr
Depreciation & Amortization - (IS)	79Cr	59Cr	57Cr	61Cr	74Cr
Other Operating Expenses	-1.24Cr	-4.55Cr	-1.69Cr	-2.36Cr	-4.95Cr
Other Operating Expenses, Total	255.46Cr	291.17Cr	335.29Cr	356.26Cr	373Cr
Operating Income	17Cr	70Cr	68Cr	90Cr	74Cr
Interest Expense, Total	-22Cr	-21Cr	-19Cr	-16Cr	-16Cr
Interest And Investment Income	84L	92L	2.85Cr	5.8Cr	6.06Cr
Net Interest Expenses	-21Cr	-20Cr	-16Cr	-11Cr	-9.66Cr
Income (Loss) On Equity Invest.	6.42Cr	-1.86Cr	-4.35Cr	-7.99Cr	-4.36Cr
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-15L	13L	-1.09Cr	-1.29Cr	-1.1Cr
EBT, Excl. Unusual Items	2.49Cr	49Cr	47Cr	70Cr	59Cr
Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-29L	-	-7.13Cr
Legal Settlements	-	-	-	-	-
Other Unusual Items	-23Cr	-9.87Cr	1.06Cr	-2.53Cr	-76L
EBT, Incl. Unusual Items	-21Cr	39Cr	48Cr	67Cr	51Cr
Income Tax Expense	-82L	8.27Cr	11Cr	25Cr	22Cr
Earnings From Continuing Operations	-20Cr	31Cr	36Cr	43Cr	29Cr
Net Income to Company	-20Cr	31Cr	36Cr	43Cr	29Cr
Minority Interest	32L	-24L	-11L	60L	38L
Net Income - (IS)	-20Cr	31Cr	36Cr	43Cr	30Cr
Net Income to Common Incl Extra Items	-20Cr	31Cr	36Cr	43Cr	30Cr
Net Income to Common Excl. Extra Items	-20Cr	31Cr	36Cr	43Cr	30Cr
Per Share Items
Net EPS - Basic	-0.1	0.16	0.19	0.22	0.15
Basic EPS - Continuing Operations	-0.1	0.16	0.19	0.22	0.15
Basic Weighted Average Shares Outstanding	195.35Cr	195.81Cr	196.35Cr	197.32Cr	202.19Cr
Net EPS - Diluted	-0.1	0.15	0.18	0.21	0.14
Diluted EPS - Continuing Operations	-0.1	0.15	0.18	0.21	0.14
Diluted Weighted Average Shares Outstanding	196.85Cr	203.11Cr	203.39Cr	207.59Cr	211.07Cr
Normalized Basic EPS	0.01	0.16	0.15	0.22	0.18
Normalized Diluted EPS	0.01	0.15	0.14	0.21	0.18
Dividend Per Share	-	-	-	0.03	0.04
Payout Ratio	-	-	-	4.55	20.46
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	49Cr	100Cr	99Cr	117.15Cr	100.83Cr
EBITA	18Cr	70Cr	68Cr	90Cr	74Cr
EBIT	17Cr	70Cr	68Cr	90Cr	74Cr
EBITDAR	71Cr	133.93Cr	145.55Cr	166.53Cr	145.99Cr
Effective Tax Rate - (Ratio)	3.92	21.11	23.38	36.77	42.97
Current Domestic Taxes	-84L	6.58Cr	6.38Cr	14Cr	16Cr
Current Foreign Taxes	0	1.18Cr	63L	67L	60L
Total Current Taxes	-84L	7.76Cr	7.01Cr	15Cr	16Cr
Total Deferred Taxes	2L	51L	4.11Cr	9.72Cr	5.7Cr
Normalized Net Income	1.88Cr	30Cr	29Cr	44Cr	37Cr
Interest on Long-Term Debt	22Cr	20Cr	20Cr	17Cr	16Cr
Non-Cash Pension Expense	-4.17Cr	-84L	-2.39Cr	-1.88Cr	11L
Supplemental Operating Expense Items
Marketing Expenses	-	-	22Cr	25Cr	26Cr
Selling and Marketing Expenses	-	-	22Cr	25Cr	26Cr
General and Administrative Expenses	-	-	23Cr	23Cr	33Cr
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	22Cr	34Cr	46Cr	49Cr	45Cr
Imputed Operating Lease Interest Expense	9.65Cr	14Cr	19Cr	19Cr	19Cr
Imputed Operating Lease Depreciation	13Cr	20Cr	28Cr	30Cr	26Cr
Maintenance & Repair Expenses, Total	9.58Cr	12Cr	11Cr	13Cr	14Cr
Stock-Based Comp., Other (Total)	1.93Cr	3.88Cr	3.8Cr	4.83Cr	5.24Cr
Total Stock-Based Compensation	1.93Cr	3.88Cr	3.8Cr	4.83Cr	5.24Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	67Cr	119.79Cr	106.79Cr	102.24Cr	86Cr
Short Term Investments	92L	88L	74L	76L	28Cr
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	68Cr	120.67Cr	107.53Cr	103Cr	114.87Cr
Accounts Receivable, Total	11Cr	9.9Cr	12Cr	14Cr	14Cr
Other Receivables	8.5Cr	4.13Cr	6.63Cr	8.9Cr	13Cr
Total Receivables	19Cr	14Cr	19Cr	23Cr	27Cr
Inventory	62Cr	71Cr	76Cr	78Cr	84Cr
Prepaid Expenses	5.39Cr	7.68Cr	9.7Cr	11Cr	13Cr
Other Current Assets, Total	4.2Cr	5.24Cr	2.82Cr	1.15Cr	1.25Cr
Total Current Assets	159.52Cr	218.23Cr	215.5Cr	215.33Cr	240.37Cr
Gross Property Plant And Equipment	982.36Cr	959.75Cr	1.01TCr	1.01TCr	1.03TCr
Accumulated Depreciation	-476.5Cr	-469.52Cr	-485.66Cr	-495.02Cr	-491.38Cr
Net Property Plant And Equipment	505.86Cr	490.23Cr	520.37Cr	519.01Cr	540.85Cr
Long-term Investments	84Cr	82Cr	78Cr	70Cr	41Cr
Goodwill	2.37Cr	2.86Cr	2.84Cr	2.84Cr	2.84Cr
Other Intangibles, Total	21Cr	16Cr	13Cr	15Cr	16Cr
Accounts Receivable Long-Term	6.29Cr	7.48Cr	6.46Cr	6.2Cr	6.37Cr
Loans Receivable Long-Term	-	-	3Cr	9.22Cr	10Cr
Deferred Tax Assets Long-Term	-	-	76L	1.17Cr	1.39Cr
Other Long-Term Assets, Total	85Cr	127.61Cr	70Cr	30Cr	23Cr
Total Assets	863.74Cr	944.34Cr	909.78Cr	868.22Cr	882.14Cr
Liabilities
Accounts Payable, Total	86Cr	107.05Cr	117.25Cr	76Cr	80Cr
Accrued Expenses, Total	58Cr	73Cr	71Cr	82Cr	74Cr
Current Portion of Long-Term Debt	21Cr	4.7Cr	23Cr	3.01Cr	13Cr
Current Portion of Leases	22Cr	20Cr	22Cr	22Cr	23Cr
Current Income Taxes Payable	-	3.4Cr	3.85Cr	15L	12L
Unearned Revenue Current, Total	25Cr	24Cr	24Cr	25Cr	26Cr
Other Current Liabilities	17Cr	5.68Cr	10Cr	43Cr	63Cr
Total Current Liabilities	229.58Cr	237.08Cr	270.64Cr	251.62Cr	277.75Cr
Long-Term Debt	147.34Cr	148.25Cr	111.91Cr	89Cr	59Cr
Long-Term Leases	218.65Cr	207.85Cr	206.49Cr	199.12Cr	199.94Cr
Unearned Revenue Non Current	1.31Cr	1.38Cr	1.47Cr	1.31Cr	1.78Cr
Pension & Other Post Retirement Benefits	7.64Cr	13Cr	5.64Cr	46L	12Cr
Deferred Tax Liability Non Current	4.23Cr	19Cr	7.23Cr	21Cr	20Cr
Other Non Current Liabilities	26Cr	27Cr	25Cr	23Cr	16Cr
Total Liabilities	635.16Cr	652.55Cr	628.29Cr	585.21Cr	587Cr
Common Stock, Total	49Cr	1.97Cr	1.98Cr	2.05Cr	2.06Cr
Additional Paid In Capital	91Cr	91Cr	91Cr	97Cr	98Cr
Retained Earnings	532.52Cr	589.79Cr	583.91Cr	578.96Cr	588.85Cr
Comprehensive Income and Other	-444.18Cr	-391.45Cr	-395.91Cr	-394.59Cr	-395.17Cr
Total Common Equity	228.3Cr	291.37Cr	281.05Cr	283.12Cr	294.01Cr
Minority Interest	28L	42L	44L	-11L	1.13Cr
Total Equity	228.58Cr	291.79Cr	281.49Cr	283.01Cr	295.14Cr
Total Liabilities And Equity	863.74Cr	944.34Cr	909.78Cr	868.22Cr	882.14Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	195.6Cr	195.87Cr	196.51Cr	201.51Cr	201.56Cr
ECS Total Common Shares Outstanding	195.6Cr	195.86Cr	196.48Cr	200.85Cr	201.46Cr
Book Value / Share	1.17	1.49	1.43	1.41	1.46
Tangible Book Value	205.1Cr	272.12Cr	264.74Cr	265.17Cr	275.27Cr
Tangible Book Value Per Share	1.05	1.39	1.35	1.32	1.37
Total Debt	409.27Cr	380.82Cr	362.8Cr	313.32Cr	294.45Cr
Net Debt	340.91Cr	260.15Cr	255.27Cr	210.32Cr	179.58Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	-64Cr	-104.13Cr	-48Cr	-7.96Cr	12Cr
Debt Equivalent Oper. Leases	179.12Cr	275.44Cr	371.12Cr	395.04Cr	361.28Cr
Minority Interest, Total (Incl. Fin. Div)	28L	42L	44L	-11L	1.13Cr
Equity Method Investments, Total	83Cr	81Cr	77Cr	68Cr	39Cr
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	73Cr	78Cr	-	-	-
Land - (BS)	280.99Cr	276.48Cr	291.14Cr	285.27Cr	278.64Cr
Machinery, Total	545.02Cr	527.57Cr	553.23Cr	570.95Cr	574.58Cr
Full Time Employees	69.58T	65T	64T	64T	64T
Accumulated Allowance for Doubtful Accounts (Supple)	37L	48L	54L	13L	9L

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-20Cr	31Cr	36Cr	43Cr	30Cr
Depreciation & Amortization - CF	47Cr	46Cr	49Cr	45Cr	41Cr
Amortization of Goodwill and Intangible Assets - (CF)	2L	6L	6L	7L	7L
Depreciation & Amortization, Total	47Cr	46Cr	49Cr	45Cr	41Cr
Amortization of Deferred Charges, Total - (CF)	13Cr	9.3Cr	8.64Cr	5.4Cr	6.38Cr
(Gain) Loss From Sale Of Asset	-	-	-	2.45Cr	-9L
Asset Writedown & Restructuring Costs	63L	-4.12Cr	-5.52Cr	-	7.13Cr
(Income) Loss On Equity Investments - (CF)	-7.84Cr	-1.39Cr	2.95Cr	3.76Cr	2.82Cr
Stock-Based Compensation (CF)	1.93Cr	3.88Cr	3.8Cr	4.83Cr	5.24Cr
Other Operating Activities, Total	26Cr	30Cr	8.59Cr	18Cr	43Cr
Change In Accounts Receivable	6.74Cr	-29L	-3.37Cr	-1.75Cr	-3.37Cr
Change In Inventories	4.12Cr	-4.65Cr	-5.85Cr	-3.13Cr	-7.33Cr
Change In Accounts Payable	16Cr	29Cr	8.21Cr	13Cr	6.84Cr
Cash from Operations	87Cr	137.8Cr	102.99Cr	130.17Cr	131.3Cr
Capital Expenditure	-16Cr	-19Cr	-33Cr	-36Cr	-41Cr
Sale of Property, Plant, and Equipment	29L	4.39Cr	11L	61L	4.83Cr
Cash Acquisitions	-	-45L	-10Cr	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-4.78Cr	-6.46Cr	-8.45Cr	-6.98Cr	-9.85Cr
Investment in Marketable and Equity Securities, Total	20L	-3.51Cr	13L	-19L	-29Cr
Other Investing Activities, Total	92L	74L	-59L	-1.02Cr	5.16Cr
Cash from Investing	-19Cr	-25Cr	-52Cr	-44Cr	-70Cr
Long-Term Debt Issued, Total	30Cr	-	-	-	-
Total Debt Issued	30Cr	-	-	-	-
Long-Term Debt Repaid, Total	-32Cr	-38Cr	-42Cr	-64Cr	-45Cr
Total Debt Repaid	-32Cr	-38Cr	-42Cr	-64Cr	-45Cr
Issuance of Common Stock	-	3L	-	5.7Cr	1.58Cr
Repurchase of Common Stock	-8L	-	-1L	-8.31Cr	-8.13Cr
Common Dividends Paid	-	-	-	-1.96Cr	-6.05Cr
Common & Preferred Stock Dividends Paid	-	-	-	-1.96Cr	-6.05Cr
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-22Cr	-22Cr	-22Cr	-22Cr	-20Cr
Cash from Financing	-24Cr	-60Cr	-64Cr	-91Cr	-77Cr
Foreign Exchange Rate Adjustments	-33L	-82L	5L	-21L	-12L
Net Change in Cash	43Cr	53Cr	-13Cr	-4.55Cr	-16Cr
Supplemental Items
Cash Interest Paid	22Cr	22Cr	21Cr	18Cr	16Cr
Cash Income Tax Paid (Refund)	58L	77L	7.06Cr	19Cr	21Cr
Levered Free Cash Flow	69Cr	84Cr	55Cr	54Cr	41Cr
Unlevered Free Cash Flow	82Cr	97Cr	67Cr	64Cr	51Cr
Change In Net Working Capital	-30Cr	-20Cr	-3.47Cr	4.02Cr	-2.42Cr
Net Debt Issued / Repaid	-2.07Cr	-38Cr	-42Cr	-64Cr	-45Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.16	4.87	4.59	6.3	5.3
Return on Total Capital	1.54	6.71	6.46	9.12	7.82
Return On Equity %	-6.71	11.88	12.72	15.43	10.1
Return on Common Equity	-6.62	11.8	12.7	15.66	10.25
Margin Analysis
Gross Profit Margin %	29.81	33.22	33.81	34.19	32.37
SG&A Margin	19.39	21.78	23.45	22.84	21.99
EBITDA Margin %	5.32	9.14	8.31	8.98	7.3
EBITA Margin %	1.91	6.47	5.71	6.87	5.37
EBIT Margin %	1.91	6.47	5.7	6.87	5.37
Income From Continuing Operations Margin %	-2.2	2.84	3.05	3.26	2.11
Net Income Margin %	-2.16	2.82	3.05	3.31	2.14
Net Avail. For Common Margin %	-2.16	2.82	3.05	3.31	2.14
Normalized Net Income Margin	0.2	2.79	2.44	3.39	2.7
Levered Free Cash Flow Margin	7.48	7.73	4.61	4.13	2.95
Unlevered Free Cash Flow Margin	8.99	8.91	5.58	4.91	3.66
Asset Turnover
Asset Turnover	0.97	1.2	1.29	1.47	1.58
Fixed Assets Turnover	1.74	2.19	2.36	2.51	2.61
Receivables Turnover (Average Receivables)	72.38	106.14	107.1	100.04	99.76
Inventory Turnover (Average Inventory)	10.81	10.93	10.74	11.14	11.53
Short Term Liquidity
Current Ratio	0.69	0.92	0.8	0.86	0.87
Quick Ratio	0.38	0.57	0.47	0.5	0.51
Operating Cash Flow to Current Liabilities	0.38	0.58	0.38	0.52	0.47
Days Sales Outstanding (Average Receivables)	5.13	3.43	3.4	3.64	3.65
Days Outstanding Inventory (Average Inventory)	34.31	33.32	33.89	32.69	31.57
Average Days Payable Outstanding	48.63	47.88	51.22	33.12	30.14
Cash Conversion Cycle (Average Days)	-9.19	-11.14	-13.94	3.21	5.08
Long Term Solvency
Total Debt/Equity	179.05	130.51	128.89	110.71	99.77
Total Debt / Total Capital	64.16	56.62	56.31	52.54	49.94
LT Debt/Equity	160.11	122.04	113.11	101.86	87.71
Long-Term Debt / Total Capital	57.38	52.94	49.42	48.34	43.91
Total Liabilities / Total Assets	73.54	69.1	69.06	67.4	66.54
EBIT / Interest Expense	0.79	3.43	3.65	5.49	4.72
EBITDA / Interest Expense	2.9	5.66	6.28	8.23	7.32
(EBITDA - Capex) / Interest Expense	2.18	4.72	4.54	6.03	4.72
Total Debt / EBITDA	6.39	3.28	3.09	2.33	2.56
Net Debt / EBITDA	5.32	2.24	2.18	1.57	1.56
Total Debt / (EBITDA - Capex)	8.5	3.93	4.28	3.18	3.97
Net Debt / (EBITDA - Capex)	7.08	2.68	3.01	2.14	2.42
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.08	18.89	9.61	9.29	5.96
Gross Profit, 1 Yr. Growth %	-22.27	32.46	11.56	10.54	6.63
EBITDA, 1 Yr. Growth %	-50.8	104.23	-0.34	18.14	-16.44
EBITA, 1 Yr. Growth %	-73.51	302.34	-3.32	31.63	-20.3
EBIT, 1 Yr. Growth %	-73.43	302.46	-3.32	31.64	-20.31
Earnings From Cont. Operations, 1 Yr. Growth %	-834.31	-253.58	17.96	16.65	-31.35
Net Income, 1 Yr. Growth %	-935.44	-254.85	18.53	18.66	-31.42
Normalized Net Income, 1 Yr. Growth %	-93.08	1.52T	-4.18	51.72	-19.64
Diluted EPS Before Extra, 1 Yr. Growth %	-944.63	-248.98	18.54	16.2	-32.69
Accounts Receivable, 1 Yr. Growth %	-27.77	-6.69	25.05	10.58	2.34
Inventory, 1 Yr. Growth %	10.72	13.05	8.26	1.64	8.62
Net Property, Plant and Equip., 1 Yr. Growth %	-7.93	-3.09	6.15	-0.26	4.21
Total Assets, 1 Yr. Growth %	-15.23	9.33	-3.66	-4.57	1.6
Tangible Book Value, 1 Yr. Growth %	-37.91	32.68	-2.71	5.51	3.81
Common Equity, 1 Yr. Growth %	-38.34	27.63	-3.54	5.78	3.85
Cash From Operations, 1 Yr. Growth %	-8.69	58.23	-25.26	26.39	0.87
Capital Expenditures, 1 Yr. Growth %	-36.69	21.33	68.98	10.34	13.6
Levered Free Cash Flow, 1 Yr. Growth %	4.52	22.8	-34.7	-2	-27.32
Unlevered Free Cash Flow, 1 Yr. Growth %	3.84	17.78	-31.32	-3.85	-23.68
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	20
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-6.07	3.4	14.16	9.45	7.61
Gross Profit, 2 Yr. CAGR %	-14.47	1.47	21.56	11.05	5.3
EBITDA, 2 Yr. CAGR %	-36	0.24	42.66	8.51	0.84
EBITA, 2 Yr. CAGR %	-51.61	3.24	97.23	12.81	4.42
EBIT, 2 Yr. CAGR %	-51.47	3.41	97.25	12.81	4.41
Earnings From Cont. Operations, 2 Yr. CAGR %	110.75	235.82	34.6	17.31	-10.51
Net Income, 2 Yr. CAGR %	117.9	259.68	35.48	18.59	-9.79
Normalized Net Income, 2 Yr. CAGR %	-75.64	5.91	294.09	20.58	13.14
Diluted EPS Before Extra, 2 Yr. CAGR %	98.92	254.73	32.89	17.37	-11.56
Accounts Receivable, 2 Yr. CAGR %	-5.5	-17.91	8.02	17.59	6.38
Inventory, 2 Yr. CAGR %	-5.57	11.88	10.63	4.89	5.07
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.48	-5.54	1.42	2.89	1.95
Total Assets, 2 Yr. CAGR %	-1.21	-3.73	2.63	-4.12	-1.53
Tangible Book Value, 2 Yr. CAGR %	2.05	-9.24	13.61	-1.29	4.65
Common Equity, 2 Yr. CAGR %	-3.85	-11.29	10.95	-1.43	4.81
Cash From Operations, 2 Yr. CAGR %	-16.35	20.2	8.75	-2.81	12.91
Capital Expenditures, 2 Yr. CAGR %	-14.59	-12.36	43.19	36.55	11.96
Levered Free Cash Flow, 2 Yr. CAGR %	-9.73	13.29	-10.45	-20	-13.9
Unlevered Free Cash Flow, 2 Yr. CAGR %	-8.51	10.59	-10.06	-18.74	-12.88
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-5.06	1.61	5.43	12.51	8.27
Gross Profit, 3 Yr. CAGR %	-11.61	-1.05	4.73	17.77	7.34
EBITDA, 3 Yr. CAGR %	-24.2	-5.78	0.05	33.97	0.44
EBITA, 3 Yr. CAGR %	-35.72	-1.97	1	72.35	1.77
EBIT, 3 Yr. CAGR %	-35.57	-1.77	1.12	72.37	1.77
Earnings From Cont. Operations, 3 Yr. CAGR %	90.51	89.65	136.95	28.33	-1.88
Net Income, 3 Yr. CAGR %	97.5	94.45	148.43	29.62	-1.2
Normalized Net Income, 3 Yr. CAGR %	-62.11	-1.29	2.43	186.69	7.04
Diluted EPS Before Extra, 3 Yr. CAGR %	85.71	80.65	146.16	27.08	-2.49
Accounts Receivable, 3 Yr. CAGR %	-2.34	-5.9	-5.54	8.87	12.27
Inventory, 3 Yr. CAGR %	-7.18	0.27	10.66	7.54	6.12
Net Property, Plant and Equip., 3 Yr. CAGR %	4.81	-4.69	-1.79	0.86	3.33
Total Assets, 3 Yr. CAGR %	4.59	2.18	-3.71	0.17	-2.25
Tangible Book Value, 3 Yr. CAGR %	-4.54	11.38	-7.11	8.94	0.38
Common Equity, 3 Yr. CAGR %	-8.26	5.67	-8.78	7.44	0.3
Cash From Operations, 3 Yr. CAGR %	0.82	3.45	2.59	14.34	-1.6
Capital Expenditures, 3 Yr. CAGR %	-16.7	-3.98	9.08	31.28	28.43
Levered Free Cash Flow, 3 Yr. CAGR %	1.57	0.03	-5.72	-7.72	-21.48
Unlevered Free Cash Flow, 3 Yr. CAGR %	4.89	-0.47	-5.65	-8.03	-19.52
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.81	0.49	2.21	4.67	6.3
Gross Profit, 5 Yr. CAGR %	-7.49	-1.96	0.41	3.62	4.95
EBITDA, 5 Yr. CAGR %	-16.26	-2.57	-2.38	-0.3	0.36
EBITA, 5 Yr. CAGR %	-26.57	-0.5	0.66	3.69	2.36
EBIT, 5 Yr. CAGR %	-26.49	-0.37	0.8	3.82	2.42
Earnings From Cont. Operations, 5 Yr. CAGR %	-13.03	21.71	65.79	56.49	60.51
Net Income, 5 Yr. CAGR %	-13.42	21.23	69.86	59.55	65.66
Normalized Net Income, 5 Yr. CAGR %	-47.07	-4.91	-3.32	6.93	6.59
Diluted EPS Before Extra, 5 Yr. CAGR %	-16.39	15.97	62.44	52.02	63.45
Accounts Receivable, 5 Yr. CAGR %	-1.73	-1.96	1.68	2.88	-0.94
Inventory, 5 Yr. CAGR %	-4.83	-1.42	-0.43	2.09	8.39
Net Property, Plant and Equip., 5 Yr. CAGR %	0.12	0.27	3.44	-1.73	-0.31
Total Assets, 5 Yr. CAGR %	0.38	2.63	3.8	-0.38	-2.84
Tangible Book Value, 5 Yr. CAGR %	-4.94	2.14	2.35	6.13	-3.58
Common Equity, 5 Yr. CAGR %	-7.9	-1.59	-1.01	2.77	-4.51
Cash From Operations, 5 Yr. CAGR %	-6.4	5.23	3.92	0.9	6.6
Capital Expenditures, 5 Yr. CAGR %	-15.24	-9.01	3.46	10.54	10.23
Levered Free Cash Flow, 5 Yr. CAGR %	9.37	8.53	-3.42	-8.53	-9.08
Unlevered Free Cash Flow, 5 Yr. CAGR %	10.45	9.31	-1.37	-8.22	-8.61
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-26.41	-1.59