annual results duvel-moortgat

Duvel-Moortgat

Content

• Introduction

• History

• Annual results

• Stocks and shares

Introduction

History

• Founded in 1871

• Jan-Leonard Moortgat

• Family company

• Fourth generation

Annual results

• Key Figures

• Charts

(in 000 euro) 2008IFRS

2007IFRS

2006IFRS

2005IFRS

Turnover 101.009 87.452 74.597 66.312

Operating profit (EBIT) 18.990 17.533 16.272 14.511

Ebita 18.990 17.533 16.272 14.511

Financial profit (loss) -908 -331 -21 174

Ordinary profit before tax (1) 18.082 17.216 16.252 14.685

Ordinary net profit 12.163 11.761 10.692 9.703

Extraordinary items

0 0 0 0

Group share of net profit after tax 12.163 11.761 10.682 9.703

Minorities share of net profit after tax 14.946 66.531 9.893 0

Operating cash flow (EBITDA) 30.865 26.176 24.340 21.864

Number of employees (2) 559 515 468 412

Consolidated key figures

101,009

87,452

74,59766,312

0

20,000

40,000

60,000

80,000

100,000

120,000

2008 2007 2006 2005

Turnover

Turnover

(in 000 euro) 2008IFRS

2007IFRS

2006IFRS

2005IFRS

Turnover 101.009 87.452 74.597 66.312

Operating profit (EBIT) 18.990 17.533 16.272 14.511

Ebita 18.990 17.533 16.272 14.511

Financial profit (loss) -908 -331 -21 174

Ordinary profit before tax (1) 18.082 17.216 16.252 14.685

Ordinary net profit 12.163 11.761 10.692 9.703

Extraordinary items

0 0 0 0

Group share of net profit after tax 12.163 11.761 10.682 9.703

Minorities share of net profit after tax 14.946 66.531 9.893 0

Operating cash flow (EBITDA) 30.865 26.176 24.340 21.864

Number of employees (2) 559 515 468 412

18,990

17,53316,272

14,511

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

2008 2007 2006 2005

Operating profit (EBIT)

Operating profit (EBIT)

(in 000 euro) 2008IFRS

2007IFRS

2006IFRS

2005IFRS

Turnover 101.009 87.452 74.597 66.312

Operating profit (EBIT) 18.990 17.533 16.272 14.511

Ebita 18.990 17.533 16.272 14.511

Financial profit (loss) -908 -331 -21 174

Ordinary profit before tax (1) 18.082 17.216 16.252 14.685

Ordinary net profit 12.163 11.761 10.692 9.703

Extraordinary items

0 0 0 0

Group share of net profit after tax 12.163 11.761 10.682 9.703

Minorities share of net profit after tax 14.946 66.531 9.893 0

Operating cash flow (EBITDA) 30.865 26.176 24.340 21.864

Number of employees (2) 559 515 468 412

12,16311,761

10,692

9,703

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2008 2007 2006 2005

Ordinary net profit

Ordinary net profit

(in 000 euro) 2008IFRS

2007IFRS

2006IFRS

2005IFRS

Turnover 101.009 87.452 74.597 66.312

Operating profit (EBIT) 18.990 17.533 16.272 14.511

Ebita 18.990 17.533 16.272 14.511

Financial profit (loss) -908 -331 -21 174

Ordinary profit before tax (1) 18.082 17.216 16.252 14.685

Ordinary net profit

12.163 11.761 10.692 9.703

Extraordinary items

0 0 0 0

Group share of net profit after tax

12.163 11.761 10.682 9.703

Minorities share of net profit after tax

14.946 66.531 9.893 0

Operating cash flow (EBITDA) 30.865 26.176 24.340 21.864

Number of employees (2) 559 515 468 412

30,865

26,17624,340

21,864

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

2008 2007 2006 2005

Operating cash flow (EBITDA)

Operating cash flow (EBITDA)

Balance sheet

financial ratio’s (in 000 euro)

2008IFRS

2007IFRS

2006IFRS

2005IFRS

Total assets167.471 154.541 134.605 111.264

Shareholders’ equity

97.024 90.057 81.733 73.719

Fixed assets100.540 92.319 79.862 63.510

Depreciation11.280 9.237 7.545 7.203

Depreciation of positive goodwill on consolidation

0 0 0 0

Ratios

2008 2007 2006 2005

IFRS IFRS IFRS IFRS

Liquidity/current ratio (1)

2,61 2,71 3,06 3,29

Solvency/debt ratio (2)

0,42 0,42 0.31 0,27

Stocks and shares

• 48.8 Euro

• Highest: 48.900 euro

• Lowest: 48.210 euro

• Volume: 533

Thank you for listening

• Sources:

– www.duvel.com

– www.trivano.com

– www.detijd.be