Financial highlights

Based on Consolidated Financial Statements

5-Year Financial Summary 2021 2020  2019 2018 2017
Income Statement IAS 15
PLNm
IAS 15
PLNm 
IAS 15
PLNm
IAS 15
PLNm
IAS 15
PLNm
Sales Revenue 1,897.5  1,815.0 1,661.7 1,653.9 1,404.7
Change (YoY) 4.5%  9.2% 0.5% 17.7% 21.8%
Gross Profit on Sales 625.2 578.8  500.1 455.1 385.7
Change (YoY)r 8.0% 15.7%  9.9% 18.0% 42.3%
Gross Margin 32.9% 31.9%  30.1% 27.5% 27.5%
EBITDA 428.3 401.0  336.2 291.6 242.7
Change (YoY) 6.8% 19.5%  15.3% 20.1% 49.8%
EBITDA Margin 22.6% 22.1%  20.2% 17.6% 17.3%
EBIT 413.1 386.3  320.7 282.0 235.4
Change (YoY) 6.9% 20.4%  13.7% 19.8% 50.3%
EBIT Margin 21.8% 21.3%  19.3% 17.1% 16.8%
Net income 325.3 302.2  256.0 227.0 190.8
Change (YoY) 7.6% 18.1%  12.8% 19.0% 51.7%
Net Income Margin 17.1% 16.7%  15.4% 13.7% 13.6%
EPS 12.89  12.00 10.22 9.10 7.67
DPS 10.00  9.50 9.05 7.60 5.05
Balance Sheet          
Net Assets per Share 49.18  45.90 43.25 41.91 40.31
Equity 1,249.2  1,157.5 1,084.2 1,046.5 1,002.3
Net Debt (254.9)  (266.1) 154.6 77.6 63.8
Total Assets = Total Equity and Liabilities 3,877.6  3,253.2 2,960.9 2,539.0 2,390.4
ROE 28.1% 27.9%  24.5% 22.7% 20.5%
EN