| €m | 2015 | 2016 | 2017 | 2018 | 2019 |
| Order intake | 1,182.7 | 1,149.7 | 1,266.3 | 1,222.0 | 1,141.3 |
| Revenue | 1,025.1 | 1,167.1 | 1,217.6 | 1,226.0 | 1,218.5 |
| Order backlog at 31.12. | 574.9 | 557.5 | 606.2 | 610.9 | 533.7 |
| Exports in % | 85 | 86 | 89 | 86 | 85 |
| Earnings before interest and taxes (EBIT) | 35.9 | 87.1 | 81.4 | 87.4 | 56.0 |
| Earnings before taxes (EBT) | 29.7 | 81.0 | 78.5 | 83.9 | 49.8 |
| Net profit | 26.9 | 82.2 | 81.1 | 64.0 | 38.4 |
| Earnings per share in € | 1.62 | 4.98 | 4.91 | 3.86 | 2.31 |
| Balance sheet total | 976.9 | 1,085.5 | 1,163.9 | 1,178.3 | 1,343.1 |
| Equity | 258.4 | 337.8 | 424.0 | 453.4 | 460.4 |
| Investment in intangible assets, property, plant and equipment | 28.4 | 31.9 | 50.1 | 50.5 | 104.9 |
| Depreciation on intangible assets, property, plant and equipment | 29.1 | 27.7 | 31.0 | 28.0 | 33.6 |
| Cash flows from operating activities | -15.3 | 21.9 | 23.8 | 66.3 | -7.9 |
| Dividend paid per share in € | - | 0.50 | 0.90 | 1.00 | - |
| Personnel: annual average | 5,286 | 5,287 | 5,450 | 5,644 | 5,763 |
| of which apprentices (annual average) | 350 | 325 | 319 | 297 | 305 |
Key Financial Figures
Income Statement
| €m | 2018 | 2019 |
|---|---|---|
| Revenue | 1,226.0 | 1,218.5 |
| Cost of sales | -870.4 | -905.6 |
| Gross profit | 355.6 | 312.9 |
| Research and development costs | -44.3 | -37.5 |
| Distribution costs | -138.8 | -151.3 |
| Administrative expenses | -94.2 | -103.4 |
| Other income and expenses | 9.1 | 35.3 |
| Earnings before interest and taxes (EBIT) | 87.4 | 56.0 |
| Interest result | -3.5 | -6.2 |
| Earnings before taxes (EBT) | 83.9 | 49.8 |
| Income tax expense | -19.9 | -11.4 |
| Net profit | 64.0 | 38.4 |
| Earnings per share (in €) | 3.86 | 2.31 |
Balance Sheet
| €m | 31.12.2018 | 31.12.2019 |
|---|---|---|
| Assets | ||
| Non-current assets | ||
| Intangible assets | 84.1 | 115.4 |
| Property, plant and equipment | 208.9 | 245.6 |
| Investments, other financial receivables and other assets | 27.3 | 23.4 |
| Deferred tax assets | 79.5 | 106.4 |
| Current assets | ||
| Inventories | 265.7 | 292.6 |
| Trade receivables | 156.0 | 140.6 |
| Other financial receivables and assets | 191.9 | 213.9 |
| Current tax assets | 6.6 | 9.4 |
| Securities | 16.3 | 4.8 |
| Cash and cash equivalents | 142.0 | 191.0 |
| Balance Sheet Total | 1,178.3 | 1,343.1 |
| Equity and liabilities | ||
| Equity | ||
| Share capital | 43.0 | 43.0 |
| Share premium | 87.5 | 87.5 |
| Reserves | 322.0 | 328.7 |
| Equity attributable to non-controlling interests | 0.9 | 1.2 |
| Liabilities | ||
| Non-current liabilities | ||
| Pension provisions | 152.6 | 165.5 |
| Other provisions | 20.9 | 23.7 |
| Bank loans and other financial payables | 6.4 | 32.2 |
| Other liabilities | 0.9 | 6.3 |
| Deferred tax liabilities | 33.9 | 53.2 |
| Current liabilities | ||
| Other provisions | 138.0 | 90.0 |
| Trade payables | 82.5 | 110.0 |
| Bank loans and other financial payables | 142.2 | 271.9 |
| Other liabilities | 135.6 | 118.7 |
| Current tax liabilities | 11.9 | 11.2 |
| Balance Sheet Total | 1,178.3 | 1,343.1 |
Cash Flow Statement
| €m | 2018 | 2019 |
|---|---|---|
| Earnings before taxes | 83.9 | 49.8 |
| Appreciation/depreciation on intangible assets, property, plant and equipment | 24.9 | 33.6 |
| Changes in provisions | -13.5 | -45.5 |
| Changes in inventories and other assets | 8.7 | -26.5 |
| Changes in payables and other liabilities | -26.8 | 7.8 |
| Other activities | -10.9 | -27.1 |
| Cash flows from operating activities | 66.3 | -7.9 |
| Proceeds from disposal of intangible assets, property, plant and equipment | 10.0 | 47.6 |
| Payments for investment in intangible assets, property, plant and equipment | -49.9 | -89.3 |
| Proceeds from disposal of investments | - | 3.9 |
| Payments for investments | -40.2 | -6.7 |
| Payments for the acquisition of shares in consolidated companies | -6.0 | - |
| Dividends received | 0.3 | 0.1 |
| Cash flows from investing activities | -85.8 | -44.4 |
| Free cash flow | -19.5 | -52.3 |
| Proceeds from loans | 65.4 | 125.7 |
| Repayment of loans | -34.0 | -0.8 |
| Other changes | -0.6 | -7.0 |
| Other Changes in equity | 0.1 | -0.4 |
| Dividends paid | -14.9 | -16.5 |
| Cash flows from financing activities | 16.0 | 101.0 |
| Change in funds | -3.5 | 48.7 |
| Effect of changes in exchange rates | 3.1 | 0.3 |
| Funds at beginning of period | 142.4 | 142.0 |
| Funds at end of period | 142.0 | 191.0 |