This report analyses the financial performance of Viscuma Plastic for the 2019. You will find all the necessary details regarding company's profitability, volume growth, indebtedness and a comparison with selected peers.
Viscuma Plastic announced a net profit of CZK 20.0 mil in 2019, up 141% when compared to the last year. Sales increased 4.54% yoy to CZK 494 mil, EBITDA fell 6.49% to CZK 63.7 mil and net margin amounted to 4.04%. In the last three years, the Company grew its revenues by 26.6% a year, and produced an average return on capital of 7.61% and return on equity of 15.9%.
The key highlights are:
Sales increased 4.54% yoy to CZK 494 mil in 2019. That’s compared to average growth of 26.6% in the last three years and 119% more when compared to the average annual increase in the last decade.
EBITDA amounted to CZK 63.7 mil and fell 6.49% when compared to last year. EBITDA margin reached 12.9%, down 3.12%pp when compared to a 5-year average.
Company’s indebtedness fell when measured by Net Debt/Equity and reached 63.2% at the end of 2019. When compared to EBITDA, net debt fell to 0.954x at the end of 2019.
Viscuma Plastic netted CZK 20.0 mil to its shareholders in the last year, up 23.9% when compared to the average seen in the last five years. The company produced a return on capital of 11.8% and return on equity of 23.0% in the last year. Since 2014, Viscuma Plastic’s average ROCE amounted to 20.0% and ROE 29.9%.
When compared to selected peers, Viscuma Plastic has grown 28.3 pp faster in sales in the last five years. It was also 50.9 pp more profitable in terms of ROCE, and achieved 6.40 pp higher EBITDA margin based on a last year's results.
In terms of indebtedness, the company operated with 60.4 pp higher net debt to equity at the end of 2019 when compared to its peers (63.2% at Viscuma Plastic vs. 2.76% of its peers).
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