Cash flow NIBE Industrier AB

Equities

NIBE B

SE0015988019

Electrical Components & Equipment

Real-time Estimate Cboe Europe Other stock markets 06:50:18 10/03/2026 pm IST			5-day change	1st Jan Change
34.59 ^SEK	+1.50%		-2.97%	-2.84%

09/03	Avanza savers buy the dip in Nibe during Monday's slump, sell off Investor	FW
02/03	Justified Surge for Nibe Amid Gas Rally - Di	FW

1706f3f83b78f3b51fe4a34c9c39d.3LTWB8sJH95S2GWZSdFGDyfFsS_T8Js_NApSOY4MMCY.tsHibf95U7g9ql3cLpoJORSB2EuGr6NneEIFDbtuVQvpwZ5No2d1pBuWDg

Published financial data: NIBE INDUSTRIER AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.71TCr	3.08TCr	4.01TCr	4.66TCr	4.05TCr
Total Revenues	2.71TCr	3.08TCr	4.01TCr	4.66TCr	4.05TCr
Cost of Goods Sold, Total	1.82TCr	2.06TCr	2.75TCr	3.1TCr	2.95TCr
Gross Profit	897.5Cr	1.02TCr	1.26TCr	1.56TCr	1.1TCr
Selling General & Admin Expenses, Total	578.2Cr	621.5Cr	755Cr	937.8Cr	944Cr
Other Operating Expenses	-13Cr	-20Cr	-18Cr	-28Cr	-30Cr
Other Operating Expenses, Total	565.6Cr	601.8Cr	736.9Cr	909.9Cr	914.4Cr
Operating Income	331.9Cr	418.6Cr	524Cr	652.4Cr	183Cr
Interest Expense, Total	-22Cr	-20Cr	-26Cr	-88Cr	-141.9Cr
Interest And Investment Income	1.6Cr	2.3Cr	4.9Cr	15Cr	30Cr
Net Interest Expenses	-20Cr	-17Cr	-21Cr	-73Cr	-112.4Cr
Income (Loss) On Equity Invest.	1.2Cr	-80L	2.1Cr	3.9Cr	3.7Cr
Currency Exchange Gains (Loss)	20Cr	28Cr	43Cr	46Cr	26Cr
Other Non Operating Income (Expenses)	0	-1Cr	-3.1Cr	1.3Cr	-6.3Cr
EBT, Excl. Unusual Items	333Cr	427.9Cr	545.2Cr	630.2Cr	94Cr
Merger & Related Restructuring Charges	-3Cr	-1.3Cr	-1.9Cr	-9.6Cr	-1.2Cr
Gain (Loss) On Sale Of Assets	50L	2.2Cr	24Cr	50L	70L
Other Unusual Items	35Cr	3Cr	-	12Cr	60Cr
EBT, Incl. Unusual Items	365.8Cr	431.8Cr	567.5Cr	633.1Cr	153.6Cr
Income Tax Expense	74Cr	94Cr	128Cr	153.5Cr	37Cr
Earnings From Continuing Operations	292.3Cr	337.8Cr	439.5Cr	479.6Cr	116.2Cr
Net Income to Company	292.3Cr	337.8Cr	439.5Cr	479.6Cr	116.2Cr
Minority Interest	-5.7Cr	-5.8Cr	-4.4Cr	-1.1Cr	1.1Cr
Net Income - (IS)	286.6Cr	332Cr	435.1Cr	478.5Cr	117.3Cr
Net Income to Common Incl Extra Items	286.6Cr	332Cr	435.1Cr	478.5Cr	117.3Cr
Net Income to Common Excl. Extra Items	286.6Cr	332Cr	435.1Cr	478.5Cr	117.3Cr
Per Share Items
Net EPS - Basic	1.42	1.65	2.16	2.37	0.58
Basic EPS - Continuing Operations	1.42	1.65	2.16	2.37	0.58
Basic Weighted Average Shares Outstanding	201.61Cr	201.61Cr	201.61Cr	201.61Cr	201.61Cr
Net EPS - Diluted	1.42	1.65	2.16	2.37	0.58
Diluted EPS - Continuing Operations	1.42	1.65	2.16	2.37	0.58
Diluted Weighted Average Shares Outstanding	201.61Cr	201.61Cr	201.61Cr	201.61Cr	201.61Cr
Normalized Basic EPS	1	1.3	1.67	1.95	0.3
Normalized Diluted EPS	1	1.3	1.67	1.95	0.3
Dividend Per Share	0.39	0.5	0.65	0.65	0.3
Payout Ratio	24.63	23.52	23.17	27.29	111.68
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	425.7Cr	515.5Cr	637.4Cr	786.2Cr	330.6Cr
EBITA	372.4Cr	458.7Cr	566.1Cr	704.4Cr	237.9Cr
EBIT	331.9Cr	418.6Cr	524Cr	652.4Cr	183Cr
EBITDAR	428.5Cr	516.5Cr	638.8Cr	790.2Cr	334.5Cr
Effective Tax Rate - (Ratio)	20.09	21.77	22.56	24.25	24.35
Total Current Taxes	84Cr	90Cr	128.5Cr	162.8Cr	59Cr
Total Deferred Taxes	-11Cr	3.9Cr	-50L	-9.3Cr	-22Cr
Normalized Net Income	202.42Cr	261.64Cr	336.35Cr	392.78Cr	60Cr
Interest on Long-Term Debt	1.9Cr	2.3Cr	3.2Cr	5Cr	6.4Cr
Non-Cash Pension Expense	30L	50L	50L	70L	1.2Cr
Supplemental Operating Expense Items
Selling and Marketing Expenses	391.7Cr	421Cr	492.1Cr	601.6Cr	589.8Cr
General and Administrative Expenses	186.5Cr	200.5Cr	262.9Cr	336.2Cr	354.2Cr
Research And Development Expense From Footnotes	87Cr	90Cr	110.1Cr	131.9Cr	142.1Cr
Net Rental Expense, Total	2.8Cr	1Cr	1.4Cr	4Cr	3.9Cr
Imputed Operating Lease Interest Expense	48.63L	15.85L	27.83L	1.68Cr	1.89Cr
Imputed Operating Lease Depreciation	2.31Cr	84.15L	1.12Cr	2.32Cr	2.01Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	459.3Cr	452.2Cr	462.7Cr	375.6Cr	502.8Cr
Short Term Investments	20Cr	22Cr	19Cr	53Cr	58Cr
Total Cash And Short Term Investments	479.4Cr	474.6Cr	481.7Cr	428.3Cr	560.7Cr
Accounts Receivable, Total	338.7Cr	407.5Cr	584.1Cr	503.3Cr	546.4Cr
Other Receivables	48Cr	50Cr	82Cr	103Cr	114.8Cr
Total Receivables	386.7Cr	457.9Cr	665.8Cr	606.3Cr	661.2Cr
Inventory	443.1Cr	658.4Cr	1.02TCr	1.32TCr	1.06TCr
Prepaid Expenses	24Cr	34Cr	45Cr	58Cr	54Cr
Other Current Assets, Total	3.8Cr	2Cr	3.9Cr	4.2Cr	2.9Cr
Total Current Assets	1.34TCr	1.63TCr	2.22TCr	2.42TCr	2.34TCr
Gross Property Plant And Equipment	943.8Cr	1.08TCr	1.3TCr	1.67TCr	1.91TCr
Accumulated Depreciation	-408.8Cr	-466.5Cr	-471.4Cr	-512.4Cr	-590.8Cr
Net Property Plant And Equipment	535Cr	613.1Cr	827.3Cr	1.16TCr	1.32TCr
Long-term Investments	3.9Cr	5.3Cr	25Cr	37Cr	40Cr
Goodwill	1.42TCr	1.55TCr	1.76TCr	2.29TCr	2.53TCr
Other Intangibles, Total	474Cr	491Cr	493.8Cr	808.9Cr	695.1Cr
Accounts Receivable Long-Term	4.8Cr	4.8Cr	21Cr	25Cr	26Cr
Deferred Tax Assets Long-Term	44Cr	39Cr	35Cr	55Cr	75Cr
Other Long-Term Assets, Total	13Cr	14Cr	19Cr	16Cr	12Cr
Total Assets	3.83TCr	4.34TCr	5.4TCr	6.81TCr	7.04TCr
Liabilities
Accounts Payable, Total	199.8Cr	281.8Cr	404.2Cr	329.1Cr	311.5Cr
Accrued Expenses, Total	63Cr	74Cr	83Cr	94Cr	93Cr
Short-term Borrowings	7.7Cr	4.5Cr	14Cr	6.7Cr	1.6Cr
Current Portion of Long-Term Debt	395.5Cr	240.6Cr	432.8Cr	526.2Cr	645.1Cr
Current Portion of Leases	33Cr	36Cr	50Cr	52Cr	62Cr
Current Income Taxes Payable	23Cr	45Cr	69Cr	54Cr	42Cr
Unearned Revenue Current, Total	28Cr	32Cr	36Cr	46Cr	56Cr
Other Current Liabilities	194.1Cr	183Cr	287.6Cr	448.9Cr	354.9Cr
Total Current Liabilities	944.3Cr	898Cr	1.38TCr	1.56TCr	1.57TCr
Long-Term Debt	501.6Cr	622.4Cr	511.2Cr	1.52TCr	1.55TCr
Long-Term Leases	62Cr	74Cr	107.3Cr	146.2Cr	179.8Cr
Pension & Other Post Retirement Benefits	72Cr	62Cr	34Cr	45Cr	54Cr
Deferred Tax Liability Non Current	130Cr	138.7Cr	147.6Cr	236.1Cr	205Cr
Other Non Current Liabilities	349.1Cr	378.6Cr	426.5Cr	290Cr	277.4Cr
Total Liabilities	2.06TCr	2.17TCr	2.6TCr	3.79TCr	3.83TCr
Common Stock, Total	7.9Cr	7.9Cr	7.9Cr	7.9Cr	7.9Cr
Additional Paid In Capital	481.8Cr	481.8Cr	481.8Cr	481.8Cr	481.8Cr
Retained Earnings	1.29TCr	1.56TCr	1.93TCr	2.27TCr	2.25TCr
Comprehensive Income and Other	-25Cr	95Cr	375.2Cr	257.1Cr	468.7Cr
Total Common Equity	1.76TCr	2.14TCr	2.79TCr	3.02TCr	3.21TCr
Minority Interest	15Cr	22Cr	3.8Cr	4.7Cr	4.2Cr
Total Equity	1.77TCr	2.17TCr	2.8TCr	3.02TCr	3.21TCr
Total Liabilities And Equity	3.83TCr	4.34TCr	5.4TCr	6.81TCr	7.04TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	201.61Cr	201.61Cr	201.61Cr	201.61Cr	201.61Cr
ECS Total Common Shares Outstanding	201.61Cr	201.61Cr	201.61Cr	201.61Cr	201.61Cr
Book Value / Share	8.72	10.63	13.86	14.96	15.92
Tangible Book Value	-137Cr	107.5Cr	536.7Cr	-85Cr	-14Cr
Tangible Book Value Per Share	-0.68	0.53	2.66	-0.42	-0.07
Total Debt	1TCr	978.2Cr	1.11TCr	2.25TCr	2.43TCr
Net Debt	520.8Cr	503.6Cr	632.6Cr	1.82TCr	1.87TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	72Cr	62Cr	34Cr	45Cr	54Cr
Debt Equivalent Oper. Leases	22Cr	8Cr	11Cr	32Cr	31Cr
Minority Interest, Total (Incl. Fin. Div)	15Cr	22Cr	3.8Cr	4.7Cr	4.2Cr
Equity Method Investments, Total	1.4Cr	80L	22Cr	28Cr	32Cr
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	229.6Cr	354.5Cr	566.4Cr	639.4Cr	541Cr
Inventories - Work In Process, Total	34Cr	57Cr	75Cr	81Cr	68Cr
Inventories - Finished Goods, Total	179.1Cr	246.7Cr	377.7Cr	602.4Cr	455.4Cr
Land - (BS)	35Cr	38Cr	40Cr	51Cr	54Cr
Buildings, Total	295.1Cr	321.4Cr	385.5Cr	424Cr	569.7Cr
Machinery, Total	484.6Cr	551.9Cr	591.7Cr	711.9Cr	827.4Cr
Full Time Employees	17.3T	19.76T	20.47T	23.1T	19.6T
Part Time Employees	615	824	651	-	-
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	8.1Cr	8.8Cr	9.4Cr	13Cr	13Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	286.6Cr	332Cr	435.1Cr	478.5Cr	117.3Cr
Depreciation & Amortization - CF	83Cr	90Cr	111.7Cr	129.5Cr	151.8Cr
Amortization of Goodwill and Intangible Assets - (CF)	40Cr	40Cr	42Cr	52Cr	55Cr
Depreciation & Amortization, Total	123.6Cr	129.6Cr	153.8Cr	181.5Cr	206.7Cr
(Gain) Loss From Sale Of Asset	30L	-1.8Cr	-24Cr	2.3Cr	11Cr
Asset Writedown & Restructuring Costs	30L	20L	5.9Cr	90L	18Cr
Other Operating Activities, Total	1.5Cr	15Cr	8.8Cr	-16Cr	30Cr
Change In Accounts Receivable	56Cr	-57Cr	-125.8Cr	-40Cr	-34Cr
Change In Inventories	-14Cr	-191.4Cr	-286.1Cr	-246.5Cr	301.2Cr
Change in Other Net Operating Assets	48Cr	99Cr	93Cr	22Cr	-249.5Cr
Cash from Operations	502.3Cr	326.2Cr	261.4Cr	383Cr	400.6Cr
Capital Expenditure	-89Cr	-102.4Cr	-198.4Cr	-327Cr	-217.5Cr
Sale of Property, Plant, and Equipment	2.4Cr	3.4Cr	2.1Cr	5.8Cr	1.9Cr
Cash Acquisitions	-179.2Cr	-77Cr	-84Cr	-874.7Cr	-62Cr
Divestitures	-	-	13Cr	-50L	-
Sale (Purchase) of Intangible assets	-24Cr	-30Cr	-26Cr	-45Cr	-47Cr
Other Investing Activities, Total	20L	4.8Cr	16Cr	-19Cr	40Cr
Cash from Investing	-290.1Cr	-201Cr	-277.8Cr	-1.26TCr	-284.5Cr
Long-Term Debt Issued, Total	191.7Cr	314.5Cr	305.9Cr	1.35TCr	605.4Cr
Total Debt Issued	191.7Cr	314.5Cr	305.9Cr	1.35TCr	605.4Cr
Long-Term Debt Repaid, Total	-240.2Cr	-386.3Cr	-220.1Cr	-386.3Cr	-480.8Cr
Total Debt Repaid	-240.2Cr	-386.3Cr	-220.1Cr	-386.3Cr	-480.8Cr
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-71Cr	-78Cr	-100.8Cr	-130.6Cr	-131Cr
Common & Preferred Stock Dividends Paid	-71Cr	-78Cr	-100.8Cr	-130.6Cr	-131Cr
Other Financing Activities, Total	-10L	-30L	-10L	-40L	-
Cash from Financing	-119.2Cr	-150.2Cr	-15Cr	835.2Cr	-6.4Cr
Foreign Exchange Rate Adjustments	-31Cr	20Cr	39Cr	-11Cr	23Cr
Net Change in Cash	62Cr	-4.8Cr	7.1Cr	-53Cr	132.4Cr
Supplemental Items
Cash Interest Paid	45Cr	26Cr	58Cr	102.2Cr	154.8Cr
Cash Income Tax Paid (Refund)	75Cr	76Cr	118.2Cr	202.8Cr	80Cr
Levered Free Cash Flow	313.28Cr	60Cr	-77Cr	-3.78Cr	62Cr
Unlevered Free Cash Flow	326.84Cr	73Cr	-61Cr	51Cr	150.78Cr
Change In Net Working Capital	-109.3Cr	186.2Cr	318Cr	165.9Cr	-94Cr
Net Debt Issued / Repaid	-48Cr	-72Cr	86Cr	966.2Cr	124.6Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.49	6.4	6.73	6.68	1.65
Return on Total Capital	7.5	8.84	9.28	8.88	2.1
Return On Equity %	16.54	17.15	17.71	16.49	3.73
Return on Common Equity	16.33	17.01	17.62	16.47	3.77
Margin Analysis
Gross Profit Margin %	33.06	33.1	31.47	33.49	27.08
SG&A Margin	21.3	20.16	18.84	20.1	23.3
EBITDA Margin %	15.68	16.72	15.91	16.85	8.16
EBITA Margin %	13.72	14.88	14.13	15.1	5.87
EBIT Margin %	12.23	13.58	13.08	13.99	4.52
Income From Continuing Operations Margin %	10.77	10.96	10.97	10.28	2.87
Net Income Margin %	10.56	10.77	10.86	10.26	2.89
Net Avail. For Common Margin %	10.56	10.77	10.86	10.26	2.89
Normalized Net Income Margin	7.46	8.49	8.39	8.42	1.48
Levered Free Cash Flow Margin	11.54	1.96	-1.92	-0.08	1.53
Unlevered Free Cash Flow Margin	12.04	2.36	-1.52	1.1	3.72
Asset Turnover
Asset Turnover	0.72	0.75	0.82	0.76	0.59
Fixed Assets Turnover	5.26	5.37	5.56	4.7	3.27
Receivables Turnover (Average Receivables)	7.89	8.26	8.08	8.58	7.72
Inventory Turnover (Average Inventory)	4.11	3.75	3.27	2.65	2.48
Short Term Liquidity
Current Ratio	1.42	1.81	1.61	1.55	1.5
Quick Ratio	0.92	1.04	0.83	0.66	0.78
Operating Cash Flow to Current Liabilities	0.53	0.36	0.19	0.25	0.26
Days Sales Outstanding (Average Receivables)	46.41	44.17	45.16	42.54	47.41
Days Outstanding Inventory (Average Inventory)	88.97	97.45	111.48	137.75	147.85
Average Days Payable Outstanding	38.41	38.58	40.3	39.29	43.48
Cash Conversion Cycle (Average Days)	96.97	103.04	116.34	141	151.78
Long Term Solvency
Total Debt/Equity	56.39	45.17	39.83	74.39	75.72
Total Debt / Total Capital	36.06	31.11	28.49	42.66	43.09
LT Debt/Equity	31.8	32.17	22.11	55.02	53.67
Long-Term Debt / Total Capital	20.34	22.16	15.81	31.55	30.55
Total Liabilities / Total Assets	53.73	50.09	48.19	55.65	54.35
EBIT / Interest Expense	15.29	21.36	20.15	7.4	1.29
EBITDA / Interest Expense	20.99	27.97	26.07	9.45	2.75
(EBITDA - Capex) / Interest Expense	16.88	22.74	18.44	5.75	1.21
Total Debt / EBITDA	2.2	1.78	1.64	2.69	6.25
Net Debt / EBITDA	1.14	0.92	0.93	2.18	4.81
Total Debt / (EBITDA - Capex)	2.73	2.19	2.32	4.43	14.13
Net Debt / (EBITDA - Capex)	1.42	1.13	1.32	3.59	10.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.12	13.58	29.97	16.42	-13.14
Gross Profit, 1 Yr. Growth %	8.05	13.69	23.57	23.9	-29.76
EBITDA, 1 Yr. Growth %	12.83	21.09	23.65	23.34	-57.95
EBITA, 1 Yr. Growth %	12.54	23.17	23.41	24.43	-66.23
EBIT, 1 Yr. Growth %	12.13	26.12	25.18	24.5	-71.95
Earnings From Cont. Operations, 1 Yr. Growth %	33.84	15.57	30.11	9.12	-75.77
Net Income, 1 Yr. Growth %	32.07	15.84	31.05	9.97	-75.49
Normalized Net Income, 1 Yr. Growth %	13.22	29.25	28.56	16.78	-84.7
Diluted EPS Before Extra, 1 Yr. Growth %	32.07	15.84	31.05	9.97	-75.49
Accounts Receivable, 1 Yr. Growth %	-3.17	20.31	43.34	-13.83	8.56
Inventory, 1 Yr. Growth %	0.64	48.59	54.78	29.79	-19.53
Net Property, Plant and Equip., 1 Yr. Growth %	7.8	14.6	34.94	39.83	14.23
Total Assets, 1 Yr. Growth %	2.98	13.19	24.43	26.13	3.38
Tangible Book Value, 1 Yr. Growth %	14.74	-178.47	399.26	-115.91	-83.26
Common Equity, 1 Yr. Growth %	0.45	21.89	30.31	7.96	6.43
Cash From Operations, 1 Yr. Growth %	69.81	-35.06	-19.87	46.52	55.27
Capital Expenditures, 1 Yr. Growth %	15.23	14.67	93.75	64.82	-33.49
Levered Free Cash Flow, 1 Yr. Growth %	98.68	-80.73	-227.62	-95.1	-1.74T
Unlevered Free Cash Flow, 1 Yr. Growth %	91.36	-77.78	-183.72	-184.46	193.62
Dividend Per Share, 1 Yr. Growth %	10.71	29.03	30	0	-53.85
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.8	10.3	21.5	23	0.56
Gross Profit, 2 Yr. CAGR %	9.67	10.84	18.53	23.74	-6.71
EBITDA, 2 Yr. CAGR %	11.6	16.89	22.36	23.5	-27.98
EBITA, 2 Yr. CAGR %	10.97	17.74	23.29	23.92	-35.17
EBIT, 2 Yr. CAGR %	10.32	18.92	25.65	24.84	-40.9
Earnings From Cont. Operations, 2 Yr. CAGR %	18.77	24.37	22.62	19.15	-48.58
Net Income, 2 Yr. CAGR %	17.55	23.69	23.21	20.05	-48.08
Normalized Net Income, 2 Yr. CAGR %	9.91	20.97	28.9	22.52	-57.73
Diluted EPS Before Extra, 2 Yr. CAGR %	17.55	23.69	23.21	20.05	-48.08
Accounts Receivable, 2 Yr. CAGR %	1.11	7.93	31.32	11.13	-3.28
Inventory, 2 Yr. CAGR %	3.88	22.28	51.66	41.74	2.2
Net Property, Plant and Equip., 2 Yr. CAGR %	25.26	11.15	24.35	37.36	26.38
Total Assets, 2 Yr. CAGR %	8.96	7.96	18.68	25.28	14.19
Tangible Book Value, 2 Yr. CAGR %	-8.12	-5.11	97.93	-10.87	-83.68
Common Equity, 2 Yr. CAGR %	6.85	10.65	26.03	18.61	7.19
Cash From Operations, 2 Yr. CAGR %	63.11	5.01	-27.86	8.36	23.79
Capital Expenditures, 2 Yr. CAGR %	24.3	14.95	49.05	78.7	4.7
Levered Free Cash Flow, 2 Yr. CAGR %	244.23	-38.12	-50.41	-75	-10.23
Unlevered Free Cash Flow, 2 Yr. CAGR %	199.5	-34.79	-56.87	-15.91	57.48
Dividend Per Share, 2 Yr. CAGR %	9.19	19.52	29.52	14.02	-32.06
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.61	11.05	16.5	19.78	9.54
Gross Profit, 3 Yr. CAGR %	11	11	14.93	20.29	2.45
EBITDA, 3 Yr. CAGR %	13.49	14.68	19.1	22.69	-13.76
EBITA, 3 Yr. CAGR %	13.48	14.9	19.6	23.67	-19.66
EBIT, 3 Yr. CAGR %	13.47	15.36	20.97	25.27	-24.1
Earnings From Cont. Operations, 3 Yr. CAGR %	19.73	17.69	26.25	17.95	-29.93
Net Income, 3 Yr. CAGR %	18.95	16.98	26.1	18.63	-29.31
Normalized Net Income, 3 Yr. CAGR %	13.74	16.01	23.45	24.73	-38.76
Diluted EPS Before Extra, 3 Yr. CAGR %	18.95	16.98	26.1	18.63	-29.31
Accounts Receivable, 3 Yr. CAGR %	7.7	7.14	18.64	14.11	10.27
Inventory, 3 Yr. CAGR %	10.92	17.05	32.28	43.99	17.36
Net Property, Plant and Equip., 3 Yr. CAGR %	20.69	21.6	18.57	29.31	29.17
Total Assets, 3 Yr. CAGR %	11.06	10.35	13.19	21.11	17.51
Tangible Book Value, 3 Yr. CAGR %	-10.9	-12.83	65.03	-14.58	-48.95
Common Equity, 3 Yr. CAGR %	11.15	11.64	16.85	19.69	14.4
Cash From Operations, 3 Yr. CAGR %	33.25	19.99	-4.04	-8.64	7.09
Capital Expenditures, 3 Yr. CAGR %	16.76	21	36.8	54.13	28.54
Levered Free Cash Flow, 3 Yr. CAGR %	33.54	31.69	-21.23	-77.07	0.94
Unlevered Free Cash Flow, 3 Yr. CAGR %	32.72	25.85	-29.13	-46.04	27.57
Dividend Per Share, 3 Yr. CAGR %	13.86	15.44	22.92	18.82	-15.66
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.44	14.97	16.08	15.68	9.84
Gross Profit, 5 Yr. CAGR %	13.42	13.03	13.95	15.93	5.73
EBITDA, 5 Yr. CAGR %	15.09	15.79	16.96	18.13	-2.61
EBITA, 5 Yr. CAGR %	15.28	16.05	17.31	18.43	-6.39
EBIT, 5 Yr. CAGR %	15.31	16.69	18.19	19.06	-9.17
Earnings From Cont. Operations, 5 Yr. CAGR %	18.77	19.68	20.88	18.28	-11.86
Net Income, 5 Yr. CAGR %	18.3	19.26	20.64	18.2	-11.58
Normalized Net Income, 5 Yr. CAGR %	14.85	16.91	19.58	18.57	-19.59
Diluted EPS Before Extra, 5 Yr. CAGR %	16.28	17.58	20.64	18.2	-11.58
Accounts Receivable, 5 Yr. CAGR %	15.79	10.95	16.59	8.72	9.33
Inventory, 5 Yr. CAGR %	15.94	18.66	25.7	26.36	19.31
Net Property, Plant and Equip., 5 Yr. CAGR %	20.37	16.8	22.14	27.67	21.63
Total Assets, 5 Yr. CAGR %	15.56	10.77	14.04	16.1	13.59
Tangible Book Value, 5 Yr. CAGR %	-13.2	-16.11	22.61	-12.05	-34.59
Common Equity, 5 Yr. CAGR %	18.81	12.07	16.88	14.38	12.89
Cash From Operations, 5 Yr. CAGR %	20.97	12.99	4.25	15.2	6.25
Capital Expenditures, 5 Yr. CAGR %	23.97	24.24	28.74	41.42	22.92
Levered Free Cash Flow, 5 Yr. CAGR %	17.17	77.78	-10.15	-32.25	-17.01
Unlevered Free Cash Flow, 5 Yr. CAGR %	17.07	83.01	-15.34	7.1	-2.46
Dividend Per Share, 5 Yr. CAGR %	14.14	17.84	19.88	14.87	-3.04