- CHAIRMAN’S STATEMENT
- OUR CORE BUSINESS
- FINANCIAL HIGHLIGHTS
- ANALYSIS OF 2012
- STOCK MARKET INFORMATION
Financial
highlights
THOUSAND EURO
CONSOLIDATED FIGURES | 2010 |
2011 |
2011-2010 |
2012 |
2011-2012 |
TAMI 2012-2010 |
---|---|---|---|---|---|---|
Net turnover | 1,688,957 |
1,804,111 |
6.8% |
2,041,266 |
13.1% |
9.9% |
EBITDA | 267,479 |
273,106 |
2.1% |
299,576 |
9.7% |
5.8% |
EBIT | 211,573 |
224,022 |
5.9% |
242,295 |
8.2% |
7.0% |
Operating profit | 200,023 |
219,074 |
9.5% |
253,393 |
15.7% |
12.6% |
Consolidated earnings (Continuing operations) | 128,972 |
151,643 |
17.6% |
158,451 |
4.5% |
10.8% |
Net earnings on discontinued operations | 259,970 |
0 |
0 |
(100.0%) |
||
Net profit | 388,797 |
151,542 |
(61.0%) |
158,592 |
4.7% |
(36.1%) |
Average current assets | 237,222 |
252,916 |
(6.6%) |
337,378 |
(33.4%) |
|
Capital employed | 995,309 |
1,007,686 |
(1.2%) |
1,212,424 |
(20.3%) |
|
ROCE (1) | 21.3 |
22.2 |
20.0 |
|||
Capex | 69,617 |
66,596 |
(4.3%) |
52,930 |
(20.5%) |
|
Average headcount | 4,850 |
4,920 |
(1.4%) |
4,884 |
(0.7%) |
(1) Operating income CAGR last 12 months / (intangible assets - property,
plant & equipment - current assets)
STOCK MARKET HIGHLIGHTS | 2010 |
2011 |
2011-2010 |
2012 |
2012-2011 |
---|---|---|---|---|---|
Number of shares | 153,865,392 |
153,865,392 |
0.0% |
153,865,392 |
0.0% |
Market capitalisation at year-end | 2,435,689 |
2,207,968 |
(9.3%) |
2,307,981 |
4.5% |
EPS | 2.53 |
0.98 |
(61.0%) |
1.03 |
4.7% |
Dividend per share | 0.70 |
0.87 |
24.3% |
0.63 |
(27.6%) |
Theoretical book value per share | 10.35 |
10.32 |
(0.3%) |
11.00 |
6.6% |
31-12-10 |
31-12-11 |
2011-2010 |
2012 |
2012-2011 |
|
---|---|---|---|---|---|
Equity | 1,592,743 |
1,587,298 |
(0.3%) |
1,692,209 |
6.6% |
Net Debt | 17,600 |
390,073 |
(2116.3%) |
244,804 |
37.2% |
Average Debt | 378,336 |
139,157 |
294,114 |
||
Leverage (2) | 0.24 |
0.09 |
0.17 |
||
Total Assets | 2,885,030 |
2,710,608 |
(6.0%) |
2,719,717 |
0.3% |
(2) Ratio of average net financial debt with cost to equity (excluding minority interests)
RICE BUSINESS | 2010 |
2011 |
2011-2010 |
2012 |
2011-2012 |
TAMI 2012-2010 |
---|---|---|---|---|---|---|
Net turnover | 811,558 |
920,752 |
13.5% |
1,105,738 |
20.1% |
16.7% |
EBITDA | 123,263 |
135,953 |
10.3% |
161,035 |
18.4% |
14.3% |
EBIT | 99,019 |
113,698 |
14.8% |
133,927 |
17.8% |
16.3% |
Operating profit | 103,024 |
103,056 |
0.0% |
130,021 |
26.2% |
12.3% |
Average current assets | 181,782 |
231,686 |
(27.5%) |
298,822 |
(29.0%) |
|
Capital employed | 506,347 |
582,158 |
(15.0%) |
729,081 |
(25.2%) |
|
ROCE | 19.6 |
18.8 |
18.4 |
|||
Capex | 37,855 |
26,950 |
(28.8%) |
19,105 |
(29.1%) |
PASTA BUSINESS | 2010 |
2011 |
2011-2010 |
2012 |
2011-2012 |
TAMI 2012-2010 |
---|---|---|---|---|---|---|
Net turnover | 916,101 |
928,297 |
1.3% |
982,226 |
5.8% |
3.5% |
EBITDA | 160,484 |
144,457 |
(10.0%) |
145,370 |
0.6% |
(4.8%) |
EBIT | 133,741 |
119,064 |
(11.0%) |
116,634 |
(2.0%) |
(6.6%) |
Operating profit | 122,806 |
107,798 |
(12.2%) |
108,002 |
0.2% |
(6.2%) |
Average current assets | 60,427 |
69,173 |
(1.5%) |
90,115 |
(30.3%) |
|
Capital employed | 442,061 |
456,917 |
(3.4%) |
520,880 |
(14.0%) |
|
ROCE | 30.3 |
26.1 |
22.4 |
|||
Capex | 32,652 |
38,095 |
16.7% |
33,574 |
(11.9%) |