CONSOLIDATED KEY FIGURES (in millions)
2009 (10) 2008 (10) EUR EUR
2009 EUR
2008 EUR
2007 EUR
2006 EUR
2005 EUR
2004 EUR
2003 EUR
2002 EUR
2001 EUR
2000 EUR
KEY FIGURES 1993 - 2009 (in millions EUR)
Profit and loss account Net sales Operating result (EBIT) Financial result Profit or loss before taxes Group profit/loss EBIT (7) EBITDA (8) Net cash flow (3) Group profit/loss attributable to shareholders of Sioen Industries Depreciations Remuneration, social security and pensions Number of employees (in units) Balance sheet Equity Non-current borrowings + obligations uder finance leases Net financial debts (1) Balance sheet total Working capital (2) Net investment in tangible fixed assets (9) Property. plant and equipment Ratios EBIT/net sales(7) EBITDA/net sales (8) Net profit margin (6) Net cash flow/net sales (3) Liquidity (current assets/current liabilities) Solvency (equity/balance sheet total) Net financial debts/equity (1) Return on equity (4) Return on capital (ROCE) (5)
251.9 5.4 (5.9) (0.5) 3.2 5.4 26.8 18.7
316.4 21.9 (11.5) 10.5 9.4 21.9 44.2 20.2
264.5 (8.6) (5.9) (14.5) (11.1) (8.6) 23.7 15.7
349.4 16.1 (9.5) 6.5 3.4 16.1 37.7 24.2
380.4 38.8 (8.4) 30.4 19.2 38.8 60.5 42.8
339.4 25.9 (6.6) 19.3 12.2 25.9 44.8 31.5
316.2 25.5 (5.5) 20.0 13.6 25.5 43.6 29.5
309.8 27.0 (7.3) 19.6 13.1 27.0 44.8 31.1
272.8 27.2 (11.0) 16.2 8.9 24.4 52.8 37.3
237.7 24.6 (8.7) 15.9 11.0 23.1 42.8 30.2
226.0 33.8 (6.7) 27.1 17.3 32.4 50.9 35.8
192.4 32.6 (3.0) 29.6 19.0 31.5 45.0 32.5
3.2
9.4
(11.1)
3.4
19.2
12.2
13.6
12.3
8.6
10.0
16.9
18.8
19.3 57.8 4 237
18.7 60.4 4 676
20.7 63.8 4 237
20.6 71.0 4 676
19.6 72.6 4 869
17.9 67.6 4 687
17.9 63.5 4 645
17.8 61.7 4 500
22.1 54.5 4 689
19.8 47.0 4 271
18.6 42.8 3 924
14.1 34.5 3 420
128.9
142.4
128.9
142.4
148.6
135.8
129.4
118.3
123.5
125.3
123.9
112.0
119.9
120.8
119.9
120.8
117.1
128.5
66.9
68.5
89.0
95.1
83.4
66.2
108.8 327.9 83.7 8.6 129.5
151.6 371.7 126.2 23.3 151.2
108.8 327.9 83.7 8.6 130.8
151.6 371.7 126.2 23.3 151.2
145.9 378.1 126.2 21.1 151.4
147.8 371.8 115.2 23.1 150.4
126.8 337.7 107.6 16.6 142.3
117.7 330.7 90.9 7.1 141.4
148.1 346.9 108.9 11.9 175.8
134.6 331.8 118.5 30.6 153.1
118.4 310.3 117.3 27.1 138.9
40
16%
35
12%
30 25
8%
20
4%
15
0%
10
-4%
5 0
'93
5.1% 11.9% 3.0% 6.4% 2.0 38.3% 1.06 7% 4.1%
(3.2%) 9.0% (4.2%) 5.9% 2.3 39.3% 0.84 (9%) (2.1%)
4.6% 10.8% 1.0% 6.9% 2.0 38.3% 1.06 2% 4.1%
10.2% 15.9% 5.04% 11.26% 2.1 39.3% 0.98 7% 8.8%
7.6% 13.2% 3.60% 9.30% 2.1 36.5% 1.09 9% 6.2%
8.1% 13.8% 4.30% 9.34% 1.4 38.3% 0.98 11% 7.1%
8.7% 14.5% 4.24% 10.04% 1.3 35.8% 1.00 10% 8.1%
9.0% 19.4% 3.3% 13.7% 1.4 35.6% 1.20 6.9% 10.0%
9.7% 18.0% 4.4% 12.7% 1.8 37.7% 1.07 8.1% 9.6%
14.3% 22.5% 7.6% 15.8% 1.9 39.9% 0.96 15.1% 15.6%
16.4% 23.4% 9.9% 16.9% 2.1 42.6% 0.82 19.3% 18.1%
'95
'96
'97
'98
'99
'00
CONSOLIDATED CASH FLOW
'01
'02
EBIT
'03
'04
'05
'06
EBIT/NET SALES
'07
'08
'09
-8%
CASH FLOW/NET SALES
KEY FIGURES 1993 - 2009 (in millions EUR) 60%
400 350 300 250 200 150 100 50 0
55%
50% 45% '93
2.1% 10.6% 1.3% 7.4% 2.3 39.3% 0.84 2% (2.1%)
'94
GROUP PROFIT
91.6 262.9 101.4 27.4 115.7
As from 2004 IFRS / before Belgian GAAP
'94
'95
'96
'97
ADDED VALUE
'98
'99
'00
GROSS MARGIN
'01
'02
'03
'04
NET SALES
'05
'06
'07
'08
'09
GROSS MARGIN -%
INVESTMENTS IN 1993 - 2009 (in millions EUR)
FINANCING OF ASSETS 1993 - 2009 (in %)
35
30
25
(1) Borrowings + obligations uder finance leases + other amounts payable (non-current) - other financial assets - cash and cash equivalents (2) Interests in associates + current assets (minus other financial assets, cash and cash equivalents) - non financial debt up to one year - accrued charges and deferred income (3) Group profit/loss + depreciation + amortization + provisions for liabilities and charges + deferred taxes (4) Group profit or loss attributable to shareholders of Sioen Industries/equity at end of previous financial year (5) (EBIT - Taxes)/Capital employed of the period (6) Group profit of loss/net sales (7) Earnings Before Interests and Taxes = Operating result (8) Earnings Before Interest, Taxes, Depreciation and Amortization = Operating result + amortization + depreciation + provision for liabilities and charges (9) Purchases of tangible assets - transfers and decommissionings and booking out of related depreciation (10) Only continued operations
20
15
10
5
0
CONSOLIDATED KEY FIGURES PER SHARE (1) 2009 (10) 2008 (10) EUR EUR Operating result Group profit/loss Group profit/loss attributable to shareholders of Sioen Industries Net cash flow Equity Gross dividend Net dividend Pay-out (%) Maximum share price Minimum share price Price at Dec.31 Change in share price (2) Price/Earnings Ratio (2) (3) Price/Cashflow Ratio (2) (4) Average daily trading volume (no. of shares) Average monthly trading volume (no. of shares) Annual trading volume (in millions) Number of Sioen Industries shares outstanding (in thousands) (1) Stock market capitalization (millions) (2)
20%
45
2009 EUR
2008 EUR
2007 EUR
2006 EUR
2005 EUR
2004 EUR
2003 EUR
2002 EUR
2001 EUR
2000 EUR
0.25 0.15
1.02 0.44
(0.40) (0.52)
0.75 0.16
1.81 0.90
1.21 0.57
1.19 0.64
1.26 0.61
1.27 0.42
1.15 0.52
1.58 1.27
1.52 0.89
0.15
0.44
(0.52)
0.16
0.90
0.57
0.63
0.57
0.40
0.47
0.79
0.88
0.87 6.02 0.0800 0.0600 53.5% 5.31 2.67 3.97 13% 26.5 4.5 7 386 155 112 7.7
0.94 6.66 0.0800 0.0600 18.2% 9.97 3.22 3.52 0% 8.0 3.7 5 647 118 597 11.1
0.73 6.02 0.0800 0.0600 (15.4%) 5.31 2.67 3.97 13% (7.6) 5.4 7 386 155 112 7.7
1.13 6.66 0.0800 0.0600 50.3% 9.97 3.22 3.52 (64%) 22.1 3.1 5 647 118 597 11.1
2.00 6.95 0.4500 0.3375 50.2% 10.85 9.05 9.80 2% 10.9 4.9 11 354 238 438 28.6
1.47 6.35 0.2600 0.1950 45.6% 10.41 8.00 9.60 16% 16.8 6.5 13 396 274 892 30.1
1.38 6.05 0.2400 0.1800 37.8% 10.49 7.85 8.30 -19% 13.1 6.0 12 771 268 200 29.5
1.45 5.53 0.2200 0.1650 38.4% 10.70 8.24 10.29 35% 18.0 7.1 6 550 137 550 16.2
1.74 5.77 0.20 0.15 49.8% 9.16 4.70 8.24 8% 20.5 4.7 4 406 92 895 8.3
1.41 5.86 0.17 0.13 35.9% 14.95 6.00 7.65 -33% 16.4 5.4 5 310 112 837 10.4
1.67 5.79 0.16 0.12 20.2% 23.51 10.1 11.50 (45%) 14.5 6.9 5 104 107 194 20.7
1.52 5.24 0.14 0.11 15.8% 33.65 18.4 20.90 (36.7%) 23.8 13.8 9 548 199 710 63.7
21 390
21 390
21 390
21 390
21 390
21 391
21 391
21 391
21 391
21 391
21 391
21 391
84.9
75.3
84.9
As from 2004 IFRS / before Belgian GAAP (1) Recalculated after the 1 to 55 share split on 13/09/96 and the 1 to 10 split on 05/11/98 (2) Price at end of December (3) Share price/net result (group share) per share (4) Share price/cash flow per share
75.3
209.6
205.3
177.5
220.1
176.3
163.6
246.0
447.1
'93
COATING
'94 '95
'96
'97
APPAREL
'98
'99
'00
'01 '02
'03
'04
INDUSTRIAL APPLICATIONS
'05
'06 '07
CHEMICALS
'08
'93
'09
'94
'95
'96
'97
'98
'99
'00
'01
'02
CAPITAL & RESERVES/MINORITY INTEREST
GROUP
ST LIABILITIES
'03
'04
'05
'06
'07
'08
PROVISIONS
LT LIABILITIES
STOCK PRICE (to 13-01-10) in EUR
DEVELOPMENT OF EMPLOYMENT 1993 - 2009
12
6.000,0
10
5.000,0 4.000,0
8
3.000,0
6
2.000,0 4
1.000,0 0,0
2 '93
'94
'95
'96
'97
TOTAL
'98
'99
'00
APPAREL
INDUSTRIAL APPLICATIONS
'01
'02
'03
'04
'05
'07
08
09 0
COATING CHEMICALS
'06
‘03
‘04
‘05
‘06
‘07
GROUP SIOEN
EUROSTOXX50
‘08
‘09
'09