Embed Size (px)
Citation preview
••
••
•••
•••
10
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
0
100
200
300
400
500
600
700
800
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
160.0
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
160.0
12
0.0
50.0
100.0
150.0
200.0
250.0
300.0
350.0
400.0
450.0
13
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20.0%
0.0
50.0
100.0
150.0
200.0
250.0
300.0
350.0
400.0
450.0
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
0.0
50.0
100.0
150.0
200.0
250.0
300.0
350.0
400.0
450.0
500.0
0.0
50.0
100.0
150.0
200.0
250.0
300.0
350.0
400.0
450.0
500.0
14
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
15
•
•
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
0.0
20.0
40.0
60.0
80.0
100.0
120.0
0.00
20.00
40.00
60.00
80.00
100.00
120.00
16
••
•
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20.0%
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
17
65.1% 17.7%
14.3%
1.4%1.5%
19
20
21
00%
02%
04%
06%
08%
10%
12%
14%
16%
18%
20%
0
100
200
300
400
500
600
700
17.5 17.0 18.3
46.8 62.8
75.6
15.5 8.2
12.7
7.7 14.6
17.0
1.7 1.2
2.2
-2.5 -3.0 -3.5
-20
0
20
40
60
80
100
120
140
2014 2015 2016
Raw Materials Cork Stoppers Floor and Wall Coverings
Cork Composites Insulation Cork Others
22
-
50
100
150
200
250
300
350
400
20%
25%
30%
35%
40%
Total Operating Costs (current) % Production
23
24
122.3
26.3 4.4
0.9
50.0
37.9 2.0 102.7
EBITDA Depreciation Non-current costs Interest and similarcosts
Gains/(losses) ofAssociates
Income tax Non-controllinginterests
Net Income
25
26
27
28
-0.050
0.050
0.150
0.250
0.350
0.450
0.550
-10.0%
10.0%
30.0%
50.0%
70.0%
90.0%
110.0%
130.0%
150.0%
29
