Market Closed -
Euronext Amsterdam
11:38:00 2024-05-28 am EDT
|
5-day change
|
1st Jan Change
|
16.68
EUR
|
-1.36%
|
|
-1.94%
|
+33.28%
|
Fiscal Period: December |
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
24,293
|
18,445
|
27,149
|
35,457
|
-
|
-
|
Enterprise Value (EV)
1 |
28,540
|
24,708
|
27,149
|
40,939
|
40,457
|
38,827
|
P/E ratio
|
49.6
x
|
40.6
x
|
41.8
x
|
28
x
|
21.2
x
|
16.9
x
|
Yield
|
-
|
-
|
-
|
-
|
0.08%
|
-
|
Capitalization / Revenue
|
5.28
x
|
2.61
x
|
3.06
x
|
3.27
x
|
2.73
x
|
2.34
x
|
EV / Revenue
|
6.2
x
|
3.49
x
|
3.06
x
|
3.77
x
|
3.12
x
|
2.57
x
|
EV / EBITDA
|
17.5
x
|
12.6
x
|
9.93
x
|
12
x
|
9.69
x
|
7.77
x
|
EV / FCF
|
174
x
|
107
x
|
-
|
62.3
x
|
35.4
x
|
24.1
x
|
FCF Yield
|
0.58%
|
0.93%
|
-
|
1.6%
|
2.82%
|
4.16%
|
Price to Book
|
-3,521
x
|
39.4
x
|
-
|
14.1
x
|
9.03
x
|
5.81
x
|
Nbr of stocks (in thousands)
|
500,000
|
499,642
|
499,642
|
499,818
|
-
|
-
|
Reference price
2 |
48.59
|
36.92
|
54.34
|
70.94
|
70.94
|
70.94
|
Announcement Date
|
3/31/22
|
3/31/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,232
|
2,518
|
4,602
|
7,079
|
8,863
|
10,851
|
12,967
|
15,132
|
EBITDA
1 |
-
|
994.3
|
1,626
|
1,961
|
2,733
|
3,420
|
4,173
|
4,998
|
EBIT
1 |
-
|
642.1
|
1,017
|
989.1
|
1,584
|
2,065
|
2,579
|
3,144
|
Operating Margin
|
-
|
25.5%
|
22.09%
|
13.97%
|
17.87%
|
19.03%
|
19.89%
|
20.78%
|
Earnings before Tax (EBT)
1 |
-
|
475.7
|
712.8
|
668.8
|
932
|
1,716
|
2,193
|
2,650
|
Net income
1 |
-
|
361.4
|
491.6
|
456.4
|
647.4
|
1,270
|
1,658
|
2,078
|
Net margin
|
-
|
14.35%
|
10.68%
|
6.45%
|
7.3%
|
11.7%
|
12.79%
|
13.73%
|
EPS
2 |
2.740
|
0.7228
|
0.9800
|
0.9100
|
1.300
|
2.537
|
3.353
|
4.192
|
Free Cash Flow
1 |
-
|
206.1
|
164.4
|
230.7
|
-
|
657
|
1,142
|
1,614
|
FCF margin
|
-
|
8.19%
|
3.57%
|
3.26%
|
-
|
6.05%
|
8.81%
|
10.66%
|
FCF Conversion (EBITDA)
|
-
|
20.73%
|
10.11%
|
11.76%
|
-
|
19.21%
|
27.37%
|
32.28%
|
FCF Conversion (Net income)
|
-
|
57.03%
|
33.44%
|
50.55%
|
-
|
51.75%
|
68.9%
|
77.65%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
0.0600
|
-
|
Announcement Date
|
1/21/21
|
3/30/21
|
3/31/22
|
3/31/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
1,651
|
1,274
|
1,677
|
2,952
|
1,542
|
1,696
|
1,690
|
2,150
|
1,996
|
2,134
|
4,130
|
2,067
|
2,659
|
2,426
|
2,532
|
2,413
|
3,485
|
2,551
|
EBITDA
1 |
694.6
|
409
|
523.1
|
931.8
|
409.1
|
511
|
455.8
|
585.5
|
557.3
|
690.1
|
1,247
|
639.4
|
846.3
|
760.1
|
858.4
|
798
|
1,047
|
-
|
EBIT
1 |
-
|
221.1
|
322.1
|
-
|
202.6
|
273.8
|
200.2
|
312.5
|
279.5
|
385.5
|
-
|
362.7
|
542
|
448.9
|
529.7
|
458
|
695.2
|
451.6
|
Operating Margin
|
-
|
17.35%
|
19.21%
|
-
|
13.14%
|
16.14%
|
11.84%
|
14.53%
|
14%
|
18.06%
|
-
|
17.55%
|
20.38%
|
18.51%
|
20.92%
|
18.98%
|
19.95%
|
17.7%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
208.3
|
-
|
321.3
|
228.2
|
366.1
|
-
|
-
|
-
|
-
|
Net income
1 |
-
|
128.5
|
174.2
|
-
|
68.8
|
216.9
|
140.4
|
30.3
|
115.9
|
128
|
-
|
250.4
|
153.1
|
254.8
|
290.8
|
371.1
|
366.2
|
280.3
|
Net margin
|
-
|
10.08%
|
10.39%
|
-
|
4.46%
|
12.79%
|
8.31%
|
1.41%
|
5.81%
|
6%
|
-
|
12.11%
|
5.76%
|
10.5%
|
11.48%
|
15.38%
|
10.51%
|
10.99%
|
EPS
2 |
-
|
-
|
-
|
-
|
0.1400
|
0.4300
|
0.2800
|
0.0600
|
0.2300
|
0.2600
|
-
|
0.5000
|
0.3100
|
0.5100
|
0.5977
|
0.7182
|
0.7483
|
0.5606
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
9/8/21
|
11/17/21
|
3/31/22
|
3/31/22
|
5/11/22
|
9/1/22
|
11/9/22
|
3/31/23
|
5/16/23
|
9/6/23
|
9/6/23
|
11/9/23
|
3/28/24
|
5/15/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
1,716
|
4,247
|
6,264
|
-
|
5,482
|
5,000
|
3,370
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
1.726
x
|
2.611
x
|
3.193
x
|
-
|
1.603
x
|
1.198
x
|
0.6742
x
|
Free Cash Flow
1 |
-
|
206
|
164
|
231
|
-
|
657
|
1,142
|
1,614
|
ROE (net income / shareholders' equity)
|
-
|
70.8%
|
156%
|
183%
|
-
|
66%
|
51.1%
|
42.7%
|
ROA (Net income/ Total Assets)
|
-
|
17.8%
|
10.1%
|
5.67%
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
2,028
|
4,887
|
8,044
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
-
|
1.260
|
-0.0100
|
0.9400
|
-
|
5.040
|
7.860
|
12.20
|
Cash Flow per Share
2 |
-
|
1.490
|
2.200
|
2.690
|
-
|
4.710
|
5.540
|
4.510
|
Capex
1 |
-
|
537
|
936
|
1,116
|
-
|
1,459
|
1,412
|
1,773
|
Capex / Sales
|
-
|
21.31%
|
20.33%
|
15.76%
|
-
|
13.45%
|
10.89%
|
11.72%
|
Announcement Date
|
1/21/21
|
3/30/21
|
3/31/22
|
3/31/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
70.94
PLN Average target price
71.56
PLN Spread / Average Target +0.87% Consensus |
1st Jan change
|
Capi.
|
---|
| +33.28% | 9.18B | | -12.50% | 119B | | -12.61% | 49.55B | | -6.38% | 16.66B | | -47.22% | 9.14B | | -24.43% | 6.18B | | -19.91% | 5.88B | | +33.94% | 5.51B | | -1.88% | 4.12B | | +18.04% | 3.91B |
Other Air Freight & Logistics
|