Key figures 2018

Operations (In € million) 2018 2017 ¹
Turnover 1,631 1,485
EBITA ² 185 149
Net result 109 88
Net profit before amortization and one-off income and expenses attributable to shareholders ³ 121 96
Cash flow from operating activities 127 160
Net investments ⁴ 42 41
Depreciation of tangible non-current assets 28 24

Balance sheet (In € million) 2108 2017 ¹
Shareholders’ equity ⁵ 648 603
Liabilities 879 679
Non-current assets 821 649
Current assets 706 633

Ratios (In %) 2018 2017 ¹
Shareholders’ equity/Total assets % 42.4 47.0
Shareholders’ equity/Non-current assets 78.9 92.8
EBITA/Turnover (ROS) 11.3 10.1
EBITA/Average capital employed (ROCE) 21.3 19.7
Net debt/EBITDA ratio 1.5 0.9
Net result before amortization and one-off income and expenses/Turnover 7.4 6.5
Net result before amortization and one-off income and expenses/Group equity ³ ⁵ 18.7 16.1

Employees (In FTE) 2018 2017 ¹
Number at year-end 6,533 5,900

Per ordinary share of € 0.25 2018 2017 ¹
Shareholders’ equity ⁶ 15.42 14.34
Net result ⁷ 2.58 2.05
Net profit before amortization and one-off income and expenses attributable to shareholders ³ ⁷ 2.88 2.27
Cash flow from operating activities 3.17 3.80
Dividend 1.40 1.20
Highest share price during year under review 60.15 58.68
Lowest share price during year under review 38.36 36.45
Share price at year-end 40.70 52.93
Ordinary shares outstanding at year-end ( x 1,000 ) 42,003 42,045

1) The comparative figures for 2017 have been restated due to the retrospective application of IFRS 15 Revenue from contracts with customers.
2) EBITA before one-off income and expenses.
3) Amortization of intangible non-current assets related to acquisitions (after tax).
4) In tangible non-current assets.
5) Including non-controlling interests.
6) Based on outstanding ordinary shares held by third parties at 31 December.
7) Based on weighted average number of oustanding shares at third parties.

Highlights 2018