Cartiere Carrara

Cartiere Carrara's net profit rose 2,847% yoy to EUR 7.59 mil in 2016

By Helgi Analytics - December 6, 2020

Cartiere Carrara made a net profit of EUR 7.59 mil with revenues of EUR 236 mil in 2016, up by 2% and up by 39%, re...

Cartiere Carrara's Capital Expenditures fell 317% yoy to EUR 48.8 mil in 2016

By Helgi Analytics - December 6, 2020

Cartiere Carrara invested a total of EUR 48.8 mil in 2016, up 317% compared to the previous year. Historically, between ...

Cartiere Carrara's Net Debt/EBITDA fell 49.3% yoy to 3.67 in 2016

By Helgi Analytics - December 6, 2020

Cartiere Carrara's net debt stood at EUR 105 mil and accounted for 180% of equity at the end of 2016. The ratio is down ...

Profit Statement 2014 2015 2016
Sales EUR mil 161 170 236
EBITDA EUR mil 8.76 8.40 28.7
EBIT EUR mil 2.28 -1.02 12.4
Pre-Tax Profit EUR mil 0.861 0.662 11.4
Net Profit EUR mil 0.053 0.258 7.59
Dividends EUR mil < -0.001 0 ...
Balance Sheet 2014 2015 2016
Total Assets EUR mil 129 151 254
Non-Current Assets EUR mil 50.8 71.9 137
Current Assets EUR mil 78.4 79.4 117
Working Capital EUR mil 35.0 40.3 52.9
Shareholders' Equity EUR mil 25.0 25.3 58.4
Liabilities EUR mil 104 126 195
Total Debt EUR mil 49.0 69.9 120
Net Debt EUR mil 47.3 60.9 105
Ratios 2014 2015 2016
ROE % 0.212 1.02 18.1
ROCE % 0.062 0.260 5.02
EBITDA Margin % 5.43 4.95 12.1
EBIT Margin % 1.41 -0.601 5.25
Net Margin % 0.033 0.152 3.21
Net Debt/EBITDA 5.40 7.24 3.67
Net Debt/Equity % 189 241 180
Cash Flow 2014 2015 2016
Total Cash From Operations EUR mil -9.52 -4.46 -23.9
Total Cash From Investing EUR mil 8.96 -11.7 -48.8
Total Cash From Financing EUR mil 1.37 20.9 75.7
Net Change In Cash EUR mil 0.814 4.74 3.01
Cash Earnings EUR mil 6.53 9.68 23.9
Free Cash Flow EUR mil -0.553 -16.1 -72.7

Get all company financials in excel:

Download Sample   $19.99

overview Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
income statement                      
Sales EUR mil         85.0 90.8 97.1 125 161    
EBIT EUR mil         2.74 1.89 1.19 1.78 2.28    
Net Profit EUR mil         2.26 0.493 -0.188 0.130 0.053    
                         
ROE %         9.77 1.99 -0.755 0.522 0.212    
EBIT Margin %         3.23 2.09 1.23 1.42 1.41    
Net Margin %         2.66 0.544 -0.194 0.104 0.033    
balance sheet                      
Total Assets EUR mil         74.2 81.5 98.4 116 129    
Non-Current Assets EUR mil         35.9 40.1 48.7 53.3 50.8    
Current Assets EUR mil         38.4 41.4 49.7 62.9 78.4    
                         
Shareholders' Equity EUR mil         24.6 25.0 24.8 24.9 25.0    
Liabilities EUR mil         49.7 56.5 73.6 91.3 104    
Non-Current Liabilities EUR mil         3.15 2.20 4.55 4.77 9.97    
Current Liabilities EUR mil         46.5 54.3 69.0 86.5 94.2    
                         
Net Debt/EBITDA         3.50 4.12 6.01 6.53 5.40    
Net Debt/Equity %         93.2 101 140 186 189    
cash flow                      
Total Cash From Operations EUR mil ...       -3.00 -2.89 -5.35 -12.4 -9.52    
Total Cash From Investing EUR mil ...       -2.34 -0.006 -4.01 0.721 8.96    
Total Cash From Financing EUR mil ...       5.34 2.90 10.2 10.8 1.37    
Net Change In Cash EUR mil ...       -0.004 0.005 0.796 -0.800 0.814    
income statement Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
income statement                      
Sales EUR mil         85.0 90.8 97.1 125 161    
Staff Cost EUR mil ... ... ... ... 6.94 9.23 10.9 12.6 15.3    
EBITDA EUR mil         6.55 6.14 5.76 7.11 8.76    
Depreciation EUR mil         3.80 4.25 4.57 5.33 6.48    
EBIT EUR mil         2.74 1.89 1.19 1.78 2.28    
Net Financing Cost EUR mil         0.185 0.346 0.774 0.968 1.42    
Extraordinary Cost EUR mil         0 0 0 0 0    
Pre-Tax Profit EUR mil         2.56 1.55 0.418 0.811 0.861    
Tax EUR mil         0.298 1.05 0.606 0.681 0.809    
Net Profit EUR mil         2.26 0.493 -0.188 0.130 0.053    
Net Profit Avail. to Common EUR mil         2.26 0.493 -0.188 0.130 0.053    
Dividends EUR mil         0.054 < 0.001 < 0.001 < -0.001 < -0.001   ...
growth rates                      
Total Revenue Growth % ...       35.1 6.83 7.00 28.6 29.2    
Staff Cost Growth % ... ... ... ... ... 33.0 17.8 16.2 21.6    
EBITDA Growth % ...       -38.3 -6.17 -6.24 23.4 23.2    
EBIT Growth % ...       -61.4 -31.0 -37.1 49.3 28.3    
Pre-Tax Profit Growth % ...       -64.2 -39.5 -73.0 94.2 6.24    
Net Profit Growth % ...       -58.6 -78.2 -138 -169 -59.3    
ratios                      
ROE %         9.77 1.99 -0.755 0.522 0.212    
ROA %         3.30 0.634 -0.209 0.121 0.043    
ROCE % ...       4.65 0.869 -0.283 0.166 0.062    
EBITDA Margin %         7.71 6.77 5.93 5.69 5.43    
EBIT Margin %         3.23 2.09 1.23 1.42 1.41    
Net Margin %         2.66 0.544 -0.194 0.104 0.033    
Payout Ratio %         2.38 < 0.001 < -0.001 < -0.001 -0.002   ...
Net Debt/EBITDA         3.50 4.12 6.01 6.53 5.40    
balance sheet Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
balance sheet                      
Cash & Cash Equivalents EUR mil         0.011 0.016 0.812 0.012 0.825    
Receivables EUR mil         24.8 24.5 27.6 35.3 46.9    
Inventories EUR mil         12.3 15.3 18.4 23.5 25.6    
Other ST Assets EUR mil         1.25 1.52 2.86 4.17 5.06    
Current Assets EUR mil         38.4 41.4 49.7 62.9 78.4    
Property, Plant & Equipment EUR mil         35.1 38.7 47.0 51.5 49.1    
LT Investments & Receivables EUR mil         0.742 1.28 1.32 1.19 0.812    
Intangible Assets EUR mil         0.084 0.123 0.413 0.661 0.907    
Non-Current Assets EUR mil         35.9 40.1 48.7 53.3 50.8    
Total Assets EUR mil         74.2 81.5 98.4 116 129    
                         
Trade Payables EUR mil         19.9 19.6 22.1 28.2 37.5    
Short-Term Debt EUR mil         21.6 25.5 33.2 43.8 39.9    
Other ST Liabilities EUR mil         5.06 9.14 13.8 14.5 16.9    
Current Liabilities EUR mil         46.5 54.3 69.0 86.5 94.2    
Long-Term Debt EUR mil         2.04 1.06 3.58 3.85 9.09    
Other LT Liabilities EUR mil         1.10 1.14 0.971 0.924 0.875    
Non-Current Liabilities EUR mil         3.15 2.20 4.55 4.77 9.97    
Liabilities EUR mil         49.7 56.5 73.6 91.3 104    
Equity Before Minority Interest EUR mil         24.6 25.0 24.8 24.9 25.0    
Minority Interest EUR mil         0 0 0 0 0    
Equity EUR mil         24.6 25.0 24.8 24.9 25.0    
growth rates                      
Total Asset Growth % ...       18.5 9.77 20.7 18.2 11.2    
Shareholders' Equity Growth % ...       13.0 1.79 -0.752 0.523 0.212    
Net Debt Growth % ...       24.7 10.5 36.8 34.0 2.00    
Total Debt Growth % ...       25.2 12.5 38.1 29.5 2.87    
ratios                      
Total Debt EUR mil         23.7 26.6 36.8 47.6 49.0    
Net Debt EUR mil         22.9 25.3 34.6 46.4 47.3    
Working Capital EUR mil         17.2 20.2 23.9 30.5 35.0    
Capital Employed EUR mil         53.1 60.4 72.6 83.8 85.8    
Net Debt/Equity %         93.2 101 140 186 189    
Current Ratio         0.824 0.762 0.720 0.727 0.832    
Quick Ratio         0.534 0.452 0.411 0.408 0.506    
cash flow Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
cash flow                      
Net Profit EUR mil         2.26 0.493 -0.188 0.130 0.053    
Depreciation EUR mil         3.80 4.25 4.57 5.33 6.48    
Non-Cash Items EUR mil ...       -6.14 -4.65 -6.02 -11.2 -11.6    
Change in Working Capital EUR mil ...       -2.92 -2.98 -3.71 -6.59 -4.48    
Total Cash From Operations EUR mil ...       -3.00 -2.89 -5.35 -12.4 -9.52    
                         
Capital Expenditures EUR mil ...       -2.34 -0.006 -4.01 0.721 8.96    
Other Investing Activities EUR mil ...       0 0 0 0 0    
Total Cash From Investing EUR mil ...       -2.34 -0.006 -4.01 0.721 8.96    
                         
Dividends Paid EUR mil ...       0.572 -0.054 < -0.001 < -0.001 < 0.001    
Issuance Of Shares EUR mil ...       0 0 0 0 0    
Issuance Of Debt EUR mil ...       4.76 2.96 10.2 10.8 1.37    
Other Financing Activities EUR mil ...       2.34 0.006 4.01 -0.721 -8.96    
Total Cash From Financing EUR mil ...       5.34 2.90 10.2 10.8 1.37    
Net Change In Cash EUR mil ...       -0.004 0.005 0.796 -0.800 0.814    
ratios                      
Days Sales Outstanding days         107 98.6 104 103 106    
Cash Earnings EUR mil         6.06 4.74 4.38 5.46 6.53    
Free Cash Flow EUR mil ...       -5.34 -2.90 -9.36 -11.6 -0.553    
Capital Expenditures (As % of Sales) % ...       2.76 0.007 4.12 -0.578 -5.56    
other ratios Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
                       
Staff Cost (As % of Sales) % ... ... ... ... 8.17 10.2 11.2 10.1 9.52    
Effective Tax Rate %         11.6 68.1 145 84.0 93.9    
Total Revenue Growth (5-year average) % ... ... ... ... ... 20.2 14.4 17.3 20.7    
Total Revenue Growth (10-year average) % ... ... ... ... ... ... ... ... ... ...  

Get all company financials in excel:

Download Sample   $19.99

Cartiere Carrara's Net Margin rose 2,020% yoy to 3.21% in 2016

By Helgi Analytics - December 6, 2020

Cartiere Carrara made a net profit of EUR 7.59 mil with revenues of EUR 236 mil in 2016, up by 2.00% and up by 39.0%, respectively, compared to the previous year. This translates into a net margin of 3.21%. Historically, between 2006 and 2016, the f...

Cartiere Carrara's ROCE rose 1,832% yoy to 5.02% in 2016

By Helgi Analytics - December 6, 2020

Cartiere Carrara made a net profit of EUR 7.59 mil in 2016, up 2% compared to the previous year. Historically, between 2006 and 2016, the company's net profit reached a high of EUR 7.59 mil in 2016 and a low of EUR -0.188 mil in 2012. The result implies a...

More News

Cartiere Carrara Logo

Finance

Cartiere Carrara has been growing its sales by 21.1% a year on average in the last 5 years. EBITDA has grown on average by 36.1% a year during that time to total of EUR 28.7 mil in 2016, or 12.1% of sales. That’s compared to 6.83% average margin seen in last five years.

The company netted EUR 7.59 mil in 2016 implying ROE of 18.1% and ROCE of 5.02%. Again, the average figures were 3.83% and 1.05%, respectively when looking at the previous 5 years.

Cartiere Carrara’s net debt amounted to EUR 105 mil at the end of 2016, or 180% of equity. When compared to EBITDA, net debt was 3.67x, down when compared to average of 5.77x seen in the last 5 years.

More Companies in Italian Paper, Pulp & Forestry Sector