This report analyses the financial performance of BENU Ceska Republika for the 2018. You will find all the necessary details regarding company's profitability, volume growth, indebtedness and a comparison with selected peers.
BENU Ceska Republika announced a net profit of CZK 187 mil in 2018, up 23.9% when compared to the last year. Sales increased 24.1% yoy to CZK 5,207 mil, EBITDA rose 23.9% to CZK 327 mil and net margin amounted to 3.59%. In the last three years, the Company grew its revenues by 11.5% a year, and produced an average return on capital of 28.4% and return on equity of 29.4%.
The key highlights are:
Sales increased 24.1% yoy to CZK 5,207 mil in 2018. That’s compared to average growth of 11.5% in the last three years and 53.9% more when compared to the average annual increase in the last decade.
EBITDA amounted to CZK 327 mil and grew 23.9% when compared to last year. EBITDA margin reached 6.28%, down 0.029%pp when compared to a 5-year average.
Company’s indebtedness fell when measured by Net Debt/Equity and reached -4.51% at the end of 2018. When compared to EBITDA, net debt fell to -0.081x at the end of 2018.
BENU Ceska Republika netted CZK 187 mil to its shareholders in the last year, up 33.7% when compared to the average seen in the last five years. The company produced a return on capital of 31.2% and return on equity of 32.8% in the last year. Since 2013, BENU Ceska Republika’s average ROCE amounted to 25.5% and ROE 26.5%.
When compared to selected peers, BENU Ceska Republika has grown 10.0 pp faster in sales in the last five years. It was also 20.7 pp more profitable in terms of ROCE, and achieved 1.02 pp higher EBITDA margin based on a last year's results.
In terms of indebtedness, the company operated with 116 pp lower net debt to equity at the end of 2018 when compared to its peers (-4.51% at BENU Ceska Republika vs. 111% of its peers).
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