× You have changed the size of your browser. Reload the page for best representation and functionality.
Reload
× For horizontal scrolling please use the arrows.
OK
Print table
Last update on 27/04/2017
Business P&L (in EURm except otherwise stated)Q1 2016FY 2016Q1 2017EFY 2017EFY 2018EFY 2019EFY 2020E
Net sales
- Number of Estimates     14 18 18 18 17 
- Highest     8,629 37,016 38,240 40,864 44,093 
- Consensus 7,783 33,821 8,403 36,231 37,204 38,755 40,609 
- Lowest     8,229 35,287 35,221 35,652 36,457 
Other revenues
- Number of Estimates     14 16 16 16 16 
- Highest     228 1,053 980 1,022 1,075 
- Consensus 145 887 160 859 856 864 877 
- Lowest     112 640 640 640 640 
Cost of sales
- Number of Estimates     14 16 16 16 16 
- Highest     -2,568 -11,139 -10,600 -10,942 -11,292 
- Consensus -2,447 -10,702 -2,662 -11,624 -11,849 -12,254 -12,762 
- Lowest     -2,754 -12,045 -12,472 -12,784 -13,554 
Gross Profit
- Number of Estimates     14 17 17 17 17 
- Highest     6,076 26,000 27,071 29,061 31,416 
- Consensus 5,481 24,006 5,901 25,391 26,145 27,290 28,675 
- Lowest     5,744 24,864 25,028 25,435 26,098 
Gross margin as % of net sales
- Number of Estimates     14 17 17 17 17 
- Highest     70.8 70.9 71.8 71.8 71.7 
- Consensus 70.4 71.0 70.2 70.1 70.3 70.5 70.6 
- Lowest     69.2 68.3 68.6 68.7 68.9 
R&D expenses
- Number of Estimates     14 16 16 16 16 
- Highest     -1,254 -5,327 -5,404 -5,465 -5,549 
- Consensus -1,235 -5,172 -1,316 -5,503 -5,623 -5,767 -5,945 
- Lowest     -1,463 -5,641 -5,814 -6,019 -6,271 
SG&A expenses
- Number of Estimates     14 16 16 16 16 
- Highest     -2,353 -9,755 -10,056 -9,603 -9,315 
- Consensus -2,212 -9,486 -2,438 -10,217 -10,444 -10,689 -10,937 
- Lowest     -2,537 -10,602 -10,898 -11,238 -11,420 
Other current operating income/expense
- Number of Estimates     14 15 15 15 15 
- Highest     97 118 64 -40 -40 
- Consensus 93 -127 20 -39 -162 -367 -649 
- Lowest     -10 -212 -371 -751 -1,286 
Share of profit/loss of associates
- Number of Estimates     14 15 15 15 15 
- Highest     140 428 617 642 742 
- Consensus 23 177 54 248 331 402 458 
- Lowest     29 165 169 169 152 
Net income attributable to non-controlling interests
- Number of Estimates     14 15 15 15 15 
- Highest     -23 -80 -20 -4 -4 
- Consensus -27 -113 -26 -104 -111 -82 -81 
- Lowest     -31 -120 -289 -140 -145 
Business operating income
- Number of Estimates     14 18 18 18 17 
- Highest     2,276 10,274 10,787 11,535 12,803 
- Consensus 2,123 9,285 2,194 9,808 10,166 10,825 11,574 
- Lowest     2,117 9,383 9,418 9,531 9,687 
Operating margin as % of net sales
- Number of Estimates     14 18 18 18 17 
- Highest     27.0 28.2 29.6 31.1 32.0 
- Consensus 27.3 27.5 26.1 27.1 27.3 27.9 28.5 
- Lowest     25.5 26.5 26.3 26.5 26.6 
Financial income & expense
- Number of Estimates     14 16 16 16 16 
- Highest     -63 -247 -212 -119 -19 
- Consensus -117 -399 -100 -368 -338 -305 -271 
- Lowest     -165 -665 -647 -665 -688 
Tax rate in %
- Number of Estimates     14 16 16 16 16 
- Highest     -22.3 -23.5 -23.4 -23.9 -23.8 
- Consensus -22.6 -23.3 -24.1 -24.3 -24.5 -24.7 -24.8 
- Lowest     -24.7 -25.0 -25.3 -25.5 -26.0 
Business net income
- Number of Estimates     14 17 17 17 17 
- Highest     1,656 7,428 7,769 8,568 9,563 
- Consensus 1,722 7,308 1,596 7,169 7,461 8,006 8,592 
- Lowest     1,519 6,903 6,920 7,090 7,270 
Net profit margin as % of net sales
- Number of Estimates     14 17 17 17 17 
- Highest     19.6 20.2 22.0 23.3 24.2 
- Consensus 22.1 21.6 19.0 19.8 20.1 20.7 21.2 
- Lowest     18.0 19.6 19.2 19.4 19.4 
Number of shares
- Number of Estimates     13 17 17 16 14 
- Highest     1,275 1,275 1,282 1,254 1,282 
- Consensus 1,288 1,287 1,265 1,251 1,239 1,230 1,225 
- Lowest     1,262 1,230 1,212 1,194 1,176 
Business EPS (in EUR)
- Number of Estimates     14 20 20 19 17 
- Highest     1.31 5.89 6.21 6.98 7.97 
- Consensus 1.34 5.68 1.26 5.72 6.03 6.52 7.06 
- Lowest     1.20 5.53 5.60 5.74 5.88 
Dividend per Share (in EUR)
- Number of Estimates     13 13 12 11 
- Highest     3.26 3.44 3.69 3.93 
- Consensus 2.96 3.05 3.18 3.42 3.41 
- Lowest     2.90 3.00 3.15 0.70 
More estimates on Vara Online Services
Last update on 27/04/2017
The above consensus estimates are reset after each quarterly report. Hence, the estimates do not contain any estimates older than three months.
Disclaimer
This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.