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United Bakeries

UB's Cash & Cash Equivalents rose 660% yoy to CZK 27.0 mil in 2017

By Helgi Library - April 2, 2020

United Bakeries's total assets reached CZK 1,787 mil at the end of 2017, up 1.74% compared to the previous year. C...

Profit Statement
Balance Sheet
Ratios
Cash Flow

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United Bakeries a.s. is a Czech Republic-based manufacturer of bakery products. The Company offers breads, rolls, buns, and French breads, among others. The Company is based in Prague, but has an additional production plants in a number of other Czech towns such as Plzen, Strakonice, Žatec, Znojmo, Brno, Uherský Brod, Unicov, or Brandýs nad Labem, for example. The Company also operates in Slovakia. The Company was incorporated in 2009, is based in Prague, the Czech Republic and operates as a subsidiary of European United Bakeries S.A.

Finance

United Bakeries has been growing its sales by a year on average in the last 5 years. EBITDA has fallen on average by 16.7% a year during that time to total of CZK 85.6 mil in 2017, or 3.88% of sales. That’s compared to 32.6% average margin seen in last five years.

The company netted CZK -4.54 mil in 2017 implying ROE of -0.734% and ROCE of -0.368%. Again, the average figures were -2.78% and -0.974%, respectively when looking at the previous 5 years.

United Bakeries’s net debt amounted to CZK 433 mil at the end of 2017, or 70.3% of equity. When compared to EBITDA, net debt was 5.06x, up when compared to average of 0.906x seen in the last 5 years.