Delayed
London S.E.
09:34:11 18/05/2018 pm IST
|
5-day change
|
1st Jan Change
|
77.12
CHF
|
+0.10%
|
|
-0.05%
|
-.--%
|
Fiscal Period: Dicembre |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,02,550
|
2,90,369
|
3,50,518
|
2,95,663
|
2,60,170
|
2,56,940
|
-
|
-
|
Enterprise Value (EV)
1 |
3,29,451
|
3,21,707
|
3,83,097
|
3,43,288
|
3,09,560
|
3,09,291
|
3,07,943
|
3,06,945
|
P/E ratio
|
24.4
x
|
24.3
x
|
21
x
|
31.3
x
|
23.1
x
|
21
x
|
19.3
x
|
18
x
|
Yield
|
2.58%
|
2.64%
|
2.2%
|
2.75%
|
3.08%
|
3.24%
|
3.43%
|
3.65%
|
Capitalization / Revenue
|
3.27
x
|
3.44
x
|
4.02
x
|
3.13
x
|
2.8
x
|
2.7
x
|
2.58
x
|
2.47
x
|
EV / Revenue
|
3.56
x
|
3.81
x
|
4.4
x
|
3.64
x
|
3.33
x
|
3.26
x
|
3.09
x
|
2.96
x
|
EV / EBITDA
|
16.5
x
|
17.5
x
|
20.6
x
|
17.5
x
|
15.9
x
|
15.4
x
|
14.4
x
|
13.6
x
|
EV / FCF
|
28.3
x
|
32.1
x
|
44.9
x
|
52.3
x
|
29.8
x
|
25.7
x
|
25.3
x
|
24.4
x
|
FCF Yield
|
3.53%
|
3.11%
|
2.22%
|
1.91%
|
3.36%
|
3.89%
|
3.96%
|
4.09%
|
Price to Book
|
5.8
x
|
6.43
x
|
6.62
x
|
7.04
x
|
7.42
x
|
7.1
x
|
6.56
x
|
6.03
x
|
Nbr of stocks (in thousands)
|
28,87,479
|
27,85,049
|
27,50,456
|
27,59,592
|
26,68,141
|
26,21,306
|
-
|
-
|
Reference price
2 |
104.8
|
104.3
|
127.4
|
107.1
|
97.51
|
98.02
|
98.02
|
98.02
|
Announcement Date
|
13/02/20
|
18/02/21
|
17/02/22
|
16/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: Dicembre |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
92,568
|
84,343
|
87,088
|
94,424
|
92,998
|
94,992
|
99,520
|
1,03,826
|
EBITDA
1 |
19,973
|
18,368
|
18,559
|
19,644
|
19,511
|
20,130
|
21,358
|
22,496
|
EBIT
1 |
16,260
|
14,903
|
15,119
|
16,103
|
16,053
|
16,598
|
17,677
|
18,630
|
Operating Margin
|
17.57%
|
17.67%
|
17.36%
|
17.05%
|
17.26%
|
17.47%
|
17.76%
|
17.94%
|
Earnings before Tax (EBT)
1 |
15,062
|
13,922
|
10,806
|
11,286
|
12,703
|
14,463
|
15,586
|
16,662
|
Net income
1 |
12,600
|
12,232
|
16,905
|
9,270
|
11,209
|
12,183
|
13,117
|
13,939
|
Net margin
|
13.61%
|
14.5%
|
19.41%
|
9.82%
|
12.05%
|
12.83%
|
13.18%
|
13.43%
|
EPS
2 |
4.300
|
4.290
|
6.060
|
3.420
|
4.230
|
4.666
|
5.084
|
5.435
|
Free Cash Flow
1 |
11,639
|
10,013
|
8,523
|
6,570
|
10,403
|
12,025
|
12,179
|
12,569
|
FCF margin
|
12.57%
|
11.87%
|
9.79%
|
6.96%
|
11.19%
|
12.66%
|
12.24%
|
12.11%
|
FCF Conversion (EBITDA)
|
58.27%
|
54.51%
|
45.92%
|
33.45%
|
53.32%
|
59.74%
|
57.02%
|
55.87%
|
FCF Conversion (Net income)
|
92.37%
|
81.86%
|
50.42%
|
70.87%
|
92.81%
|
98.7%
|
92.85%
|
90.17%
|
Dividend per Share
2 |
2.700
|
2.750
|
2.800
|
2.950
|
3.000
|
3.174
|
3.362
|
3.573
|
Announcement Date
|
13/02/20
|
18/02/21
|
17/02/22
|
16/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
47,112
|
41,152
|
43,191
|
41,755
|
21,539
|
23,794
|
45,333
|
22,238
|
23,342
|
45,580
|
23,552
|
25,292
|
48,844
|
23,470
|
22,823
|
46,293
|
22,536
|
24,169
|
46,705
|
22,092
|
45,300
|
49,292
|
EBITDA
|
10,336
|
8,864
|
9,504
|
8,922
|
-
|
-
|
9,637
|
-
|
-
|
9,439
|
-
|
-
|
10,205
|
-
|
-
|
9,626
|
-
|
-
|
9,885
|
-
|
9,492
|
10,610
|
EBIT
|
8,487
|
7,156
|
7,747
|
7,251
|
-
|
-
|
7,868
|
-
|
-
|
7,683
|
-
|
-
|
8,420
|
-
|
-
|
7,904
|
-
|
-
|
8,149
|
-
|
7,680
|
8,600
|
Operating Margin
|
18.01%
|
17.39%
|
17.94%
|
17.37%
|
-
|
-
|
17.36%
|
-
|
-
|
16.86%
|
-
|
-
|
17.24%
|
-
|
-
|
17.07%
|
-
|
-
|
17.45%
|
-
|
16.95%
|
17.45%
|
Earnings before Tax (EBT)
|
-
|
-
|
6,536
|
6,450
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
6,565
|
-
|
-
|
6,138
|
-
|
6,552
|
7,270
|
Net income
|
-
|
-
|
6,349
|
5,945
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
5,600
|
-
|
-
|
5,560
|
-
|
5,785
|
6,182
|
Net margin
|
-
|
-
|
14.7%
|
14.24%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
12.1%
|
-
|
-
|
11.9%
|
-
|
12.77%
|
12.54%
|
EPS
|
2.620
|
2.060
|
2.230
|
2.120
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2.130
|
-
|
-
|
2.110
|
-
|
2.180
|
2.070
|
Dividend per Share
|
2.700
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
13/02/20
|
30/07/20
|
18/02/21
|
29/07/21
|
20/10/21
|
17/02/22
|
17/02/22
|
21/04/22
|
28/07/22
|
28/07/22
|
19/10/22
|
16/02/23
|
16/02/23
|
25/04/23
|
27/07/23
|
27/07/23
|
19/10/23
|
22/02/24
|
22/02/24
|
25/04/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
26,901
|
31,338
|
32,579
|
47,625
|
49,390
|
52,351
|
51,002
|
50,004
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.347
x
|
1.706
x
|
1.755
x
|
2.424
x
|
2.531
x
|
2.601
x
|
2.388
x
|
2.223
x
|
Free Cash Flow
1 |
11,639
|
10,013
|
8,523
|
6,570
|
10,403
|
12,025
|
12,179
|
12,569
|
ROE (net income / shareholders' equity)
|
23.1%
|
25%
|
34.2%
|
19.5%
|
28.8%
|
35.7%
|
36.3%
|
35.5%
|
ROA (Net income/ Total Assets)
|
9.52%
|
9.71%
|
12.8%
|
6.76%
|
9.71%
|
9.97%
|
10.3%
|
10.7%
|
Assets
1 |
1,32,384
|
1,25,984
|
1,31,585
|
1,37,162
|
1,15,412
|
1,22,168
|
1,27,297
|
1,30,837
|
Book Value Per Share
2 |
18.10
|
16.20
|
19.30
|
15.20
|
13.10
|
13.80
|
14.90
|
16.30
|
Cash Flow per Share
2 |
5.400
|
5.050
|
4.970
|
4.400
|
6.020
|
5.970
|
6.530
|
6.740
|
Capex
1 |
4,211
|
4,364
|
5,341
|
5,095
|
5,714
|
5,401
|
5,290
|
5,428
|
Capex / Sales
|
4.55%
|
5.17%
|
6.13%
|
5.4%
|
6.14%
|
5.69%
|
5.32%
|
5.23%
|
Announcement Date
|
13/02/20
|
18/02/21
|
17/02/22
|
16/02/23
|
22/02/24
|
-
|
-
|
-
|
Last Close Price
98.02
CHF Average target price
106.9
CHF Spread / Average Target +9.07% Consensus |
1st Jan change
|
Capi.
|
---|
| -6.38% | 9.1TCr | | -7.00% | 4.18TCr | | +1.16% | 4.17TCr | | +5.16% | 3.96TCr | | +3.56% | 3.81TCr | | -15.16% | 3.03TCr | | -4.23% | 2.89TCr | | +7.44% | 2.43TCr | | -11.20% | 2.22TCr |
Other Food Processing
|