Financial highlights

Based on Consolidated Financial Statements

5-Year Financial Summary 2020  2019 2018 2017 2016
Income Statement IAS 15
PLNm 
IAS 15
PLNm
IAS 15
PLNm
IAS 15
PLNm
IAS 15
PLNm
Sales Revenue  1,815.0 1,661.7 1,653.9 1,404.7 1,153.0
Change (YoY)  9.2% 0.5% 17.7% 21.8% 27,5%
Gross Profit on Sales 578.8  500.1 455.1 385.7 271.1
Change (YoY)r 15.7%  9.9% 18.0% 42.3% 32.9%
Gross Margin 31.9%  30.1% 27.5% 27.5% 23.5%
EBITDA 401.0  336.2 291.6 242.7 162.1
Change (YoY) 19.5%  15.3% 20.1% 49.8% 51.7%
EBITDA Margin 22.1%  20.2% 17.6% 17.3% 14.1%
EBIT 386.3  320.7 282.0 235.4 156.6
Change (YoY) 20.4%  13.7% 19.8% 50.3% 52.9%
EBIT Margin 21.3%  19.3% 17.1% 16.8% 13.6%
Net income 302.2  256.0 227.0 190.8 125.7
Change (YoY) 18.1%  12.8% 19.0% 51.7% 55.7%
Net Income Margin 16.7%  15.4% 13.7% 13.6% 10.9%
EPS  12.00 10.22 9.10 7.67 5.07
DPS  9.50 9.05 7.60 5.05 3.26
Balance Sheet          
Net Assets per Share  45.90 43.25 41.91 40.31 37.50
Equity  1,157.5 1,084.2 1,046.5 1,002.3 929.5
Net Debt  (266.1) 154.6 77.6 63.8 (57.1)
Total Assets = Total Equity and Liabilities  3,253.2 2,960.9 2,539.0 2,390.4 1,977.3
ROE 27.9%  24.5% 22.7% 20.5% 14.2%
EN