This report analyses the financial performance of Alza.cz for the 2018. You will find all the necessary details regarding company's profitability, volume growth, indebtedness and a comparison with selected peers.
Alza.cz announced a net profit of CZK 969 mil in 2018, up 19.8% when compared to the last year. Sales increased 18.9% yoy to CZK 24,910 mil, EBITDA rose 25.3% to CZK 1,491 mil and net margin amounted to 3.89%. In the last three years, the Company grew its revenues by 22.1% a year, and produced an average return on capital of 51.8% and return on equity of 102%.
The key highlights are:
Sales increased 18.9% yoy to CZK 24,910 mil in 2018. That’s compared to average growth of 22.1% in the last three years and 105% more when compared to the average annual increase in the last decade.
EBITDA amounted to CZK 1,491 mil and grew 25.3% when compared to last year. EBITDA margin reached 5.99%, up 0.061%pp when compared to a 5-year average.
Company’s indebtedness fell when measured by Net Debt/Equity and reached -107% at the end of 2018. When compared to EBITDA, net debt fell to -0.733x at the end of 2018.
Alza.cz netted CZK 969 mil to its shareholders in the last year, up 40.0% when compared to the average seen in the last five years. The company produced a return on capital of 63.3% and return on equity of 103% in the last year. Since 2013, Alza.cz’s average ROCE amounted to 53.6% and ROE 99.9%.
When compared to selected peers, Alza.cz has grown 17.4 pp faster in sales in the last five years. It was also 39.6 pp more profitable in terms of ROCE, and achieved 0.396 pp higher EBITDA margin based on a last year's results.
In terms of indebtedness, the company operated with 214 pp lower net debt to equity at the end of 2018 when compared to its peers (-107% at Alza.cz vs. 107% of its peers).