This report analyses the financial performance of Hella Autotechnik Nova Czech Republic for the 2018. You will find all the necessary details regarding company's profitability, volume growth, indebtedness and a comparison with selected peers.
Hella Autotechnik Nova Czech Republic announced a net profit of CZK 433 mil in 2018, down 25.8% when compared to the last year. Sales decreased 17.2% yoy to CZK 15,108 mil, EBITDA fell 5.85% to CZK 1,391 mil and net margin amounted to 2.87%. In the last three years, the Company grew its revenues by -2.83% a year, and produced an average return on capital of 9.19% and return on equity of 16.5%.
The key highlights are:
Sales decreased 17.2% yoy to CZK 15,108 mil in 2018. That’s compared to average growth of -2.83% in the last three years and 28.7% more when compared to the average annual increase in the last decade.
EBITDA amounted to CZK 1,391 mil and fell 5.85% when compared to last year. EBITDA margin reached 9.21%, up 1.81%pp when compared to a 5-year average.
Company’s indebtedness fell when measured by Net Debt/Equity and reached 10.7% at the end of 2018. When compared to EBITDA, net debt fell to 0.036x at the end of 2018.
Hella Autotechnik Nova Czech Republic netted CZK 433 mil to its shareholders in the last year, down 38.1% when compared to the average seen in the last five years. The company produced a return on capital of 7.47% and return on equity of 19.0% in the last year. Since 2013, Hella Autotechnik Nova Czech Republic’s average ROCE amounted to 12.6% and ROE 18.8%.
When compared to selected peers, Hella Autotechnik Nova Czech Republic has grown 2.90 pp faster in sales in the last five years. It was also 5.47 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 6.70 pp higher net debt to equity at the end of 2018 when compared to its peers (10.7% at Hella Autotechnik Nova Czech Republic vs. 3.96% of its peers).
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