Page 2 - Annual Report 2019

Key figures for the Hoftex Group

2019 2018 2017 2016 2015

External sales EUR million 171.1 174.1 182.6 181.4 175.4
Gross revenue EUR million 166.8 173.6 181.0 182.4 170.7

Gross profit 1) EUR million 83.0 86.4 88.7 89.3 83.5
Cash flows from operating activities EUR million 19.2 18.4 16.3 21.7 23.2

Employees 1,136 1,197 1,220 1,206 1,221
Capital expenditure on tangible fixed assets EUR million 14.6 11.7 8.8 16.0 24.8
Depreciation, amortisation and write-downs EUR million 11.3 10.5 10.6 11.6 10.0

Result current year EUR million 2.7 8.0 6.8 7.8 6.1
Earnings per share EUR 0.5 1.5 1.3 1.4 1.1

Cash flows EUR million 11.5 17.0 15.0 18.9 18.2
EBITDA EUR million 15.4 20.8 20.4 22.2 19.0

Net senior debt to EBITDA ratio x-fold 1.2 1.0 1.9 1.4 1.1
Dynamic debt-equity ratio 2) Years 4.5 3.4 5.1 3.9 3.5

Balance sheet total EUR million 182.8 194.3 188.6 191.2 180.1
of which tangible fixed assets EUR million 102.7 98.1 92.8 97.4 94.7
balance-sheet equity EUR million 107.8 105.8 98.0 96.4 89.5

economic equity 3) EUR million 107.0 104.4 96.8 95.3 103.3
Equity ratio 4) % 58.5 53.7 51.3 49.9 57.3

1) Gross revenue less cost of materials
2) Debt capital (excluding shareholder loan) less cash and cash equivalents/cash flow
3) Balance-sheet equity + extraordinary items + subordinated shareholder capital less proposed dividend payment
4) Based on economic equity