By Helgi Library - May 21, 2023
BENU Ceska Republika made a net profit of CZK 452 mil with revenues of CZK 9,194 mil in 2021, up by 32.9% and up by 21....
By Helgi Library - May 21, 2023
BENU Ceska Republika made a net profit of CZK 452 mil with revenues of CZK 9,194 mil in 2021, up by 32.9% and up by 21....
By Helgi Library - May 21, 2023
BENU Ceska Republika employed 1,270 employees in 2021, up 14% compared to the previous year. Historically, between 2009...
| Profit Statement | 2019 | 2020 | 2021 | |
| Sales | CZK mil | 6,230 | 7,581 | 9,194 |
| Gross Profit | CZK mil | 1,804 | 1,502 | 1,897 |
| EBITDA | CZK mil | 386 | 551 | 695 |
| EBIT | CZK mil | 306 | 460 | 591 |
| Financing Cost | CZK mil | 3.55 | 1.92 | 0.042 |
| Pre-Tax Profit | CZK mil | 286 | 438 | 565 |
| Net Profit | CZK mil | 223 | 340 | 452 |
| Dividends | CZK mil | 162 | 341 | ... |
| Balance Sheet | 2019 | 2020 | 2021 | |
| Total Assets | CZK mil | 2,153 | 2,201 | 2,724 |
| Non-Current Assets | CZK mil | 523 | 493 | 762 |
| Current Assets | CZK mil | 1,445 | 1,511 | 1,771 |
| Working Capital | CZK mil | 427 | 419 | 332 |
| Shareholders' Equity | CZK mil | 698 | 816 | 928 |
| Liabilities | CZK mil | 1,455 | 1,385 | 1,796 |
| Total Debt | CZK mil | 213 | 0.552 | 1.01 |
| Net Debt | CZK mil | 15.9 | -115 | -311 |
| Ratios | 2019 | 2020 | 2021 | |
| ROE | % | 34.6 | 45.0 | 51.9 |
| ROCE | % | 28.3 | 36.6 | 45.1 |
| Gross Margin | % | 29.0 | 19.8 | 20.6 |
| EBITDA Margin | % | 6.19 | 7.27 | 7.56 |
| EBIT Margin | % | 4.91 | 6.07 | 6.43 |
| Net Margin | % | 3.58 | 4.49 | 4.92 |
| Net Debt/EBITDA | 0.041 | -0.208 | -0.447 | |
| Net Debt/Equity | % | 2.28 | -14.0 | -33.5 |
| Cost of Financing | % | 2.88 | 1.79 | 5.37 |
| Cash Flow | 2019 | 2020 | 2021 | |
| Total Cash From Operations | CZK mil | 398 | 404 | 781 |
| Total Cash From Investing | CZK mil | -460 | -24.2 | -422 |
| Total Cash From Financing | CZK mil | 63.9 | -377 | -227 |
| Net Change In Cash | CZK mil | 2.35 | 2.48 | 21.6 |
| Cash Conversion Cycle | days | 14.1 | 14.3 | 5.45 |
| Cash Earnings | CZK mil | 303 | 431 | 557 |
| Free Cash Flow | CZK mil | -61.5 | 380 | 359 |
Get all company financials in excel:
| overview | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| income statement | ||||||||||||||
| Sales | CZK mil | 3,756 | 4,195 | 4,195 | 5,207 | 6,230 | ||||||||
| Gross Profit | CZK mil | 1,079 | 1,217 | 1,217 | 1,501 | 1,804 | ||||||||
| EBIT | CZK mil | 139 | 205 | 205 | 255 | 306 | ||||||||
| Net Profit | CZK mil | 117 | 151 | 151 | 187 | 223 | ||||||||
| ROE | % | ... | 23.5 | 28.2 | 27.4 | 32.8 | 34.6 | |||||||
| EBIT Margin | % | 3.71 | 4.89 | 4.89 | 4.90 | 4.91 | ||||||||
| Net Margin | % | 3.12 | 3.60 | 3.60 | 3.59 | 3.58 | ||||||||
| Employees | 744 | 856 | 856 | 921 | 1,033 | |||||||||
| balance sheet | ||||||||||||||
| Total Assets | CZK mil | 1,244 | 1,362 | 1,362 | 1,587 | 2,153 | ||||||||
| Non-Current Assets | CZK mil | 357 | 377 | 377 | 378 | 523 | ||||||||
| Current Assets | CZK mil | 717 | 822 | 822 | 1,031 | 1,445 | ||||||||
| Shareholders' Equity | CZK mil | 521 | 552 | 552 | 591 | 698 | ||||||||
| Liabilities | CZK mil | 723 | 810 | 810 | 996 | 1,455 | ||||||||
| Non-Current Liabilities | CZK mil | 4.94 | 0 | 0 | 0 | 0 | ||||||||
| Current Liabilities | CZK mil | 681 | 758 | 758 | 932 | 1,395 | ||||||||
| Net Debt/EBITDA | -0.360 | -0.428 | -0.265 | -0.081 | 0.041 | |||||||||
| Net Debt/Equity | % | -16.0 | -20.5 | -12.7 | -4.51 | 2.28 | ||||||||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | 8.76 | 5.47 | 2.88 | |||
| cash flow | ||||||||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | 95.3 | 180 | 180 | 261 | 398 | ||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | -15.3 | -78.2 | -78.2 | -183 | -460 | ||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | -81.4 | -96.2 | -96.2 | -79.8 | 63.9 | ||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | -1.41 | 5.45 | 5.45 | -2.24 | 2.35 |
| income statement | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| income statement | ||||||||||||||
| Sales | CZK mil | 3,756 | 4,195 | 4,195 | 5,207 | 6,230 | ||||||||
| Cost of Goods & Services | CZK mil | 2,677 | 2,978 | 2,978 | 3,707 | 4,426 | ||||||||
| Gross Profit | CZK mil | 1,079 | 1,217 | 1,217 | 1,501 | 1,804 | ||||||||
| Staff Cost | CZK mil | 463 | 516 | 516 | 651 | 775 | ||||||||
| EBITDA | CZK mil | 231 | 264 | 264 | 327 | 386 | ||||||||
| Depreciation | CZK mil | 91.5 | 58.9 | 58.9 | 72.0 | 79.7 | ||||||||
| EBIT | CZK mil | 139 | 205 | 205 | 255 | 306 | ||||||||
| Net Financing Cost | CZK mil | -11.6 | 12.6 | 12.6 | 16.7 | 20.0 | ||||||||
| Financing Cost | CZK mil | 2.87 | 1.89 | 1.89 | 2.09 | 3.55 | ||||||||
| Financing Income | CZK mil | 0.933 | 0.104 | 0.104 | 0.369 | 2.35 | ||||||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | CZK mil | 151 | 193 | 193 | 238 | 286 | ||||||||
| Tax | CZK mil | 33.8 | 41.6 | 41.6 | 51.3 | 63.3 | ||||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Net Profit | CZK mil | 117 | 151 | 151 | 187 | 223 | ||||||||
| Net Profit Avail. to Common | CZK mil | 117 | 151 | 151 | 187 | 223 | ||||||||
| Dividends | CZK mil | ... | ... | ... | ... | ... | 120 | 120 | 70.0 | 196 | 162 | ... | ||
| growth rates | ||||||||||||||
| Total Revenue Growth | % | ... | 30.9 | 11.7 | 0 | 24.1 | 19.6 | |||||||
| Staff Cost Growth | % | ... | 30.7 | 11.3 | 0 | 26.2 | 19.2 | |||||||
| EBITDA Growth | % | ... | 27.4 | 14.4 | 0 | 23.9 | 18.0 | |||||||
| EBIT Growth | % | ... | 7.34 | 47.3 | 0 | 24.4 | 20.0 | |||||||
| Pre-Tax Profit Growth | % | ... | 22.7 | 27.6 | 0 | 23.9 | 20.0 | |||||||
| Net Profit Growth | % | ... | 24.5 | 29.0 | 0 | 23.9 | 19.1 | |||||||
| ratios | ||||||||||||||
| ROE | % | ... | 23.5 | 28.2 | 27.4 | 32.8 | 34.6 | |||||||
| ROA | % | ... | 10.2 | 11.6 | 11.1 | 12.7 | 11.9 | |||||||
| ROCE | % | ... | 23.2 | 28.1 | 26.1 | 31.2 | 28.3 | |||||||
| Gross Margin | % | 28.7 | 29.0 | 29.0 | 28.8 | 29.0 | ||||||||
| EBITDA Margin | % | 6.14 | 6.30 | 6.30 | 6.28 | 6.19 | ||||||||
| EBIT Margin | % | 3.71 | 4.89 | 4.89 | 4.90 | 4.91 | ||||||||
| Net Margin | % | 3.12 | 3.60 | 3.60 | 3.59 | 3.58 | ||||||||
| Payout Ratio | % | ... | ... | ... | ... | ... | 102 | 79.5 | 46.4 | 105 | 72.7 | ... | ||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | 8.76 | 5.47 | 2.88 | |||
| Net Debt/EBITDA | -0.360 | -0.428 | -0.265 | -0.081 | 0.041 |
| balance sheet | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| balance sheet | ||||||||||||||
| Cash & Cash Equivalents | CZK mil | 20.1 | 25.6 | 25.6 | 23.3 | 25.7 | ||||||||
| Receivables | CZK mil | 375 | 413 | 413 | 509 | 882 | ||||||||
| Inventories | CZK mil | 321 | 383 | 383 | 499 | 537 | ||||||||
| Current Assets | CZK mil | 717 | 822 | 822 | 1,031 | 1,445 | ||||||||
| Property, Plant & Equipment | CZK mil | 278 | 274 | 274 | 313 | 317 | ||||||||
| LT Investments & Receivables | CZK mil | 63.0 | 87.5 | 87.5 | 36.7 | 172 | ||||||||
| Intangible Assets | CZK mil | 16.5 | 16.0 | 16.0 | 29.0 | 34.6 | ||||||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Non-Current Assets | CZK mil | 357 | 377 | 377 | 378 | 523 | ||||||||
| Total Assets | CZK mil | 1,244 | 1,362 | 1,362 | 1,587 | 2,153 | ||||||||
| Trade Payables | CZK mil | 557 | 596 | 596 | 763 | 993 | ||||||||
| Short-Term Debt | CZK mil | 0 | 0 | 43.2 | 33.4 | 213 | ||||||||
| Other ST Liabilities | CZK mil | 124 | 162 | 119 | 135 | 189 | ||||||||
| Current Liabilities | CZK mil | 681 | 758 | 758 | 932 | 1,395 | ||||||||
| Long-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Other LT Liabilities | CZK mil | 4.94 | 0 | 0 | 0 | 0 | ||||||||
| Non-Current Liabilities | CZK mil | 4.94 | 0 | 0 | 0 | 0 | ||||||||
| Liabilities | CZK mil | 723 | 810 | 810 | 996 | 1,455 | ||||||||
| Equity Before Minority Interest | CZK mil | 521 | 552 | 552 | 591 | 698 | ||||||||
| Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Equity | CZK mil | 521 | 552 | 552 | 591 | 698 | ||||||||
| growth rates | ||||||||||||||
| Total Asset Growth | % | ... | 17.3 | 9.49 | 0 | 16.5 | 35.7 | |||||||
| Shareholders' Equity Growth | % | ... | 9.75 | 5.95 | 0 | 7.11 | 18.1 | |||||||
| Net Debt Growth | % | ... | -53.7 | 36.1 | -38.2 | -61.9 | -160 | |||||||
| Total Debt Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | -22.7 | 538 | |||
| ratios | ||||||||||||||
| Total Debt | CZK mil | 0 | 0 | 43.2 | 33.4 | 213 | ||||||||
| Net Debt | CZK mil | -83.1 | -113 | -69.9 | -26.6 | 15.9 | ||||||||
| Working Capital | CZK mil | 140 | 201 | 201 | 245 | 427 | ||||||||
| Capital Employed | CZK mil | 497 | 578 | 578 | 623 | 950 | ||||||||
| Net Debt/Equity | % | -16.0 | -20.5 | -12.7 | -4.51 | 2.28 | ||||||||
| Current Ratio | 1.05 | 1.08 | 1.08 | 1.11 | 1.04 | |||||||||
| Quick Ratio | 0.581 | 0.579 | 0.579 | 0.571 | 0.651 |
| cash flow | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| cash flow | ||||||||||||||
| Net Profit | CZK mil | 117 | 151 | 151 | 187 | 223 | ||||||||
| Depreciation | CZK mil | 91.5 | 58.9 | 58.9 | 72.0 | 79.7 | ||||||||
| Non-Cash Items | CZK mil | ... | ... | ... | ... | ... | ... | -82.7 | 30.7 | -30.1 | 45.6 | 278 | ||
| Change in Working Capital | CZK mil | ... | ... | ... | ... | ... | ... | -30.6 | -60.8 | 0 | -43.9 | -182 | ||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | 95.3 | 180 | 180 | 261 | 398 | ||
| Capital Expenditures | CZK mil | ... | ... | ... | ... | ... | ... | -56.1 | -78.7 | -78.7 | -184 | -222 | ||
| Other Investing Activities | CZK mil | ... | ... | ... | ... | ... | ... | 40.7 | 0.528 | 0.528 | 0.426 | -237 | ||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | -15.3 | -78.2 | -78.2 | -183 | -460 | ||
| Dividends Paid | CZK mil | ... | ... | ... | ... | ... | ... | -90.0 | -120 | -120 | -70.0 | -196 | ||
| Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | ||
| Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | ... | 8.58 | 23.8 | 23.8 | -9.79 | 180 | ||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | -81.4 | -96.2 | -96.2 | -79.8 | 63.9 | ||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | -1.41 | 5.45 | 5.45 | -2.24 | 2.35 | ||
| ratios | ||||||||||||||
| Days Sales Outstanding | days | 36.5 | 35.9 | 35.9 | 35.7 | 51.7 | ||||||||
| Days Sales Of Inventory | days | 43.8 | 47.0 | 47.0 | 49.1 | 44.3 | ||||||||
| Days Payable Outstanding | days | 75.9 | 73.0 | 73.0 | 75.2 | 81.9 | ||||||||
| Cash Conversion Cycle | days | 4.40 | 9.93 | 9.93 | 9.65 | 14.1 | ||||||||
| Cash Earnings | CZK mil | 209 | 210 | 210 | 259 | 303 | ||||||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | 80.0 | 102 | 102 | 77.6 | -61.5 | ||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | 1.49 | 1.88 | 1.88 | 3.53 | 3.57 |
| other ratios | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Employees | 744 | 856 | 856 | 921 | 1,033 | |||||||||
| Cost Per Employee | USD per month | 2,174 | 1,989 | 2,139 | 2,690 | 2,774 | ||||||||
| Cost Per Employee (Local Currency) | CZK per month | 51,888 | 50,186 | 50,186 | 58,864 | 62,537 | ||||||||
| Material & Energy (As % of Sales) | % | ... | ... | ... | ... | ... | 64.1 | 63.3 | 61.9 | 62.5 | 61.9 | |||
| Services (As % of Sales) | % | ... | ... | ... | ... | ... | 7.16 | 7.69 | 9.12 | 8.68 | 9.12 | |||
| Staff Cost (As % of Sales) | % | 12.3 | 12.3 | 12.3 | 12.5 | 12.4 | ||||||||
| Effective Tax Rate | % | 22.4 | 21.6 | 21.6 | 21.5 | 22.1 | ||||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 7.37 | 9.61 | 8.50 | 13.9 | 16.8 | |||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.21 | ||
| Branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - May 21, 2023
BENU Ceska Republika employed 1,270 employees in 2021, up 14% compared to the previous year. Historically, between 2009 and 2021, the firm's workforce hit a high of 1,270 employees in 2021 and a low of 575 employees in 2012. Average personnel cost st...
By Helgi Library - May 21, 2023
BENU Ceska Republika made a net profit of CZK 452 mil in 2021, up 32.9% compared to the previous year. Historically, between 2009 and 2021, the company's net profit reached a high of CZK 452 mil in 2021 and a low of CZK 65.9 mil in 2009. The result implie...
By Helgi Library - May 21, 2023
BENU Ceska Republika made a net profit of CZK 452 mil in 2021, up 32.9% compared to the previous year. Historically, between 2009 and 2021, the company's net profit reached a high of CZK 452 mil in 2021 and a low of CZK 65.9 mil in 2009. The result implie...
By Helgi Library - May 21, 2023
BENU Ceska Republika invested a total of CZK 378 mil in 2021, up 218% compared to the previous year. Historically, between 2015 - 2021, the company's investments stood at a high of CZK 378 mil in 2021 and a low of CZK 56.1 mil in 2015. ...
By Helgi Library - May 21, 2023
BENU Ceska Republika invested a total of CZK 378 mil in 2021, up 218% compared to the previous year. Historically, between 2015 - 2021, the company's investments stood at a high of CZK 378 mil in 2021 and a low of CZK 56.1 mil in 2015. ...
By Helgi Library - May 21, 2023
BENU Ceska Republika made a net profit of CZK 452 mil with revenues of CZK 9,194 mil in 2021, up by 32.9% and up by 21.3%, respectively, compared to the previous year. This translates into a net margin of 4.92%. Historically, between 2009 and 2021, ...
By Helgi Library - May 21, 2023
BENU Ceska Republika made a net profit of CZK 452 mil with revenues of CZK 9,194 mil in 2021, up by 32.9% and up by 21.3%, respectively, compared to the previous year. This translates into a net margin of 4.92%. Historically, between 2009 and 2021, ...
By Helgi Library - May 21, 2023
BENU Ceska Republika's net debt stood at CZK -311 mil and accounted for -33.5% of equity at the end of 2021. The ratio is down 19.5 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 2.28% in 2019 and ...
By Helgi Library - May 21, 2023
BENU Ceska Republika's net debt stood at CZK -311 mil and accounted for -33.5% of equity at the end of 2021. The ratio is down 19.5 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 2.28% in 2019 and ...
BENU Ceska Republika is a Czech Republic-based chain of pharmacies. The Company operated 240 brick and mortar pharmacies in 2019 and online e-shop. Benu is a part of PHOENIX Group, which is involved in wholesale pharmaceutical business in 27 European countries.
BENU Ceska Republika has been growing its sales by 17.0% a year on average in the last 5 years. EBITDA has grown on average by 21.4% a year during that time to total of CZK 695 mil in 2021, or 7.56% of sales. That’s compared to 6.72% average margin seen in last five years.
The company netted CZK 452 mil in 2021 implying ROE of 51.9% and ROCE of 45.1%. Again, the average figures were 38.3% and 33.5%, respectively when looking at the previous 5 years.
BENU Ceska Republika’s net debt amounted to CZK -311 mil at the end of 2021, or -33.5% of equity. When compared to EBITDA, net debt was -0.447x, down when compared to average of -0.192x seen in the last 5 years.
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