Financial figures

KEY FIGURES
 
  2015 2014
Net sales, EUR million 1 460.1 1 522.5
Operating profit (EBIT), EUR million 125.2 61.1
Operating margin, % 8.6 4.0
Operating profit (EBIT) excl. one-off items 1), EUR million 150.8 150.2
Operating margin excl. one-off items 1), % 10.3 9.9
Profit before taxes, EUR million 119.3 56.6
Earnings per share, EUR 1.23 0.48
Earnings per share excl. one-off items 1), EUR 1.51 1.56
Equity per share, EUR 6.57 6.44
Dividend per share, EUR 1.35 1.30
Capital expenditure and acquisitions, EUR million 136.7 43.5
Return on equity, % 19.0 7.1
Return on capital employed, % 20.4 9.8
Gearing, % 2.7 -12.6
Equity ratio, % 46.2 47.8
Personnel on average 13 184 14 007
Personnel on 31 Dec 13 083 13 720
     
1) Excl. restructuring costs, capital gains/losses, goodwill impairment charges and other one-off items
     
 
FIVE-YEAR FIGURES
 
  2015 2014 2013 2012 2011
Net sales, EUR million 1 460.1 1 522.5 1 606.8 1 825.3 1 828.1
Operating profit (EBIT), EUR million 125.2 61.1 85.7 63.0 98.1
Operating margin, % 8.6 4.0 5.3 3.5 5.4
Profit before taxes, EUR million 119.3 56.6 79.1 56.7 91.3
% of net sales 8.2 3.7 4.9 3.1 5.0
           
Earnings per share, EUR          
Basic 1.23 0.48 0.86 0.41 0.84
Diluted 1.23 0.48 0.86 0.41 0.84
           
Equity per share, EUR 6.57 6.44 7.08 7.30 7.90
Total assets, EUR million 1 086.3 1 031.5 1 094.6 1 179.6 1 279.9
Return on equity, 12-month rolling, % 19.0 7.1 12.0 5.5 10.7
Return on capital employed, 12-month rolling, % 1) 20.4 9.8 13.5 13.2 18.3
Equity ratio, % 46.2 47.8 49.3 46.9 46.4
Gearing, % 2.7 -12.6 3.0 4.5 14.6
Capital expenditure and acquisitions, EUR million 136.7 43.5 71.7 62.9 103.6
% of net sales 9.4 2.9 4.5 3.4 5.7
           
Average number of employees 13 184 14 007 15 170 17 646 18 098
 
1) When calculating Return on capital employed the negative net impact on interest rate swaps and exchange differences are considered as other financial expenses starting from year 2014. The key figure for year 2013 has been correspondingly restated.
 
2012 restated due to revised IAS 19.
           
2013 restated due to IFRS 11 'Joint arrangements'. The balance sheet items concerning year 2012 in the 12-month average denominator are not restated according to the IFRS 11.
           
See calculation of key figures on page Calculation of key figures.
KEY FIGURES BY QUARTER
 
Unaudited 2015 1)
1–12		 2015
10–12		 2015
7–9		 2015
4–6		 2015
1–3		 2014 1)
1–12		 2014
10–12		 2014
7–9		 2014
4–6		 2014
1–3
Net sales, EUR million 1 460.1 395.6 335.1 363.8 365.6 1 522.5 402.9 346.2 386.4 387.0
Operating profit (EBIT), EUR million 125.2 46.8 41.4 23.1 13.9 61.1 9.5 -3.9 21.5 34.0
Profit before taxes, EUR million 119.3 45.8 39.5 21.8 12.2 56.6 8.6 -5.3 20.5 32.8
                     
Earnings per share, EUR                    
Basic 1.23 0.47 0.40 0.24 0.12 0.48 0.09 -0.17 0.23 0.34
Diluted 1.23 0.47 0.40 0.24 0.12 0.48 0.09 -0.17 0.23 0.34
                     
Equity per share, EUR 6.57 6.57 5.90 5.69 5.45 6.44 6.44 6.52 6.70 6.56
Equity ratio, % 46.2 46.2 44.3 44.8 39.6 47.8 47.8 51.4 48.7 44.9
Interest-bearing net debt, EUR million 13.2 13.2 57.7 5.3 -85.9 -59.2 -59.2 25.7 30.3 -20.5
Gearing, % 2.7 2.7 13.3 1.3 -21.5 -12.6 -12.6 5.4 6.2 -4.3
Capital expenditure and acquisitions,
EUR million 		136.7 32.7 81.8 10.6 11.6 43.5 12.9 10.1 7.1 13.4
                     
Personnel                    
At end of period 13 083 13 083 13 179 12 949 13 456 13 720 13 720 13 878 14 126 14 102
Average, cumulative 13 184 13 184 13 230 13 346 13 580 14 007 14 007 14 105 14 180 14 196
 
1) Based on audited financial statements
 
See calculation of key figures on page Calculation of key figures