Financial highlights

Based on Consolidated Financial Statements

5-Year Financial Summary 2019 2018 2017 2016 2015
Income Statement IAS 15
PLNm
IAS 15
PLNm
IAS 15
PLNm
IAS 15
PLNm
IAS 15
PLNm
Sales Revenue 1,661.7 1,653.9 1,404.7 1,153.0 904.2
Change (YoY) 0.5% 17.7% 21.8% 27,5% 15.3%
Gross Profit on Sales 500.1 455.1 385.7 271.1 203.9
Change (YoY)r 9.9% 18.0% 42.3% 32.9% 34.1%
Gross Margin 30.1% 27.5% 27.5% 23.5% 22.6%
EBITDA 336.2 291.6 242.7 162.1 106.9
Change (YoY) 15.3% 20.1% 49.8% 51.7% 47.8%
EBITDA Margin 20.2% 17.6% 17.3% 14.1% 11.8%
EBIT 320.7 282.0 235.4 156.6 102.5
Change (YoY) 13.7% 19.8% 50.3% 52.9% 48.5%
EBIT Margin 19.3% 17.1% 16.8% 13.6% 11.3%
Net income 256.0 227.0 190.8 125.7 80.8
Change (YoY) 12.8% 19.0% 51.7% 55.7% 44.4%
Net Income Margin 15.4% 13.7% 13.6% 10.9% 8.9%
EPS 10.22 9.10 7.67 5.07 3.26
DPS 9.05 7.60 5.05 3.26 2.25
Balance Sheet          
Net Assets per Share 43.25 41.91 40.31 37.50 35.7
Equity 1,084.2 1,046.5 1,002.3 929.5 883.4
Net Debt 154.6 77.6 63.8 (57.1) 144.6
Total Assets = Total Equity and Liabilities 2,960.9 2,539.0 2,390.4 1,977.3 1,753.0
ROE 24.5% 22.7% 20.5% 14.2% 9.4%