× 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 16/10/2017
Business P&L (in EURm except otherwise stated)Q3 2016FY 2016Q3 2017EFY 2017EFY 2018EFY 2019EFY 2020E
Net sales
- Number of Estimates   13 13 13 10 
- Highest     36,240 37,375 39,262 40,810 
- Consensus 9,028 33,821 35,733 36,286 37,749 39,210 
- Lowest     35,228 34,231 34,920 36,254 
Other revenues
- Number of Estimates   10 10 10 10 
- Highest     1,090 1,120 1,152 1,187 
- Consensus 267 887 977 981 997 1,012 
- Lowest     867 895 912 907 
Cost of sales
- Number of Estimates   12 12 11 10 
- Highest     -11,262 -10,885 -10,825 -11,166 
- Consensus -2,776 -10,702 -11,524 -11,604 -11,836 -12,198 
- Lowest     -11,767 -12,716 -12,485 -12,709 
Gross Profit
- Number of Estimates   12 12 11 10 
- Highest     25,446 26,345 27,552 29,099 
- Consensus 6,519 24,006 25,161 25,653 26,765 28,023 
- Lowest     24,778 24,296 25,045 26,038 
Gross margin as % of net sales
- Number of Estimates   10 10 10 10 
- Highest     71.0 71.6 71.7 72.0 
- Consensus 72.2 71.0 70.6 71.0 71.3 71.5 
- Lowest     70.0 70.6 70.8 70.8 
R&D expenses
- Number of Estimates   11 11 10 10 
- Highest     -5,337 -5,365 -5,475 -5,605 
- Consensus -1,221 -5,172 -5,469 -5,556 -5,673 -5,840 
- Lowest     -5,597 -5,700 -5,799 -5,990 
SG&A expenses
- Number of Estimates   11 11 10 10 
- Highest     -9,995 -9,722 -9,430 -9,147 
- Consensus -2,274 -9,486 -10,175 -10,247 -10,381 -10,560 
- Lowest     -10,475 -10,947 -10,597 -11,050 
Other current operating income/expense
- Number of Estimates   11 11 10 10 
- Highest     184 104 -135 -137 
- Consensus -119 -127 29 -175 -466 -794 
- Lowest     -130 -353 -901 -1,326 
Share of profit/loss of associates
- Number of Estimates   10 10 10 10 
- Highest     283 617 642 556 
- Consensus 71 177 231 345 430 477 
- Lowest     180 236 324 379 
Net income attributable to non-controlling interests
- Number of Estimates   10 10 10 10 
- Highest     -90 -72 -6 -7 
- Consensus -31 -113 -108 -100 -75 -66 
- Lowest     -126 -119 -120 -120 
Business operating income
- Number of Estimates   13 13 12 10 
- Highest     9,949 10,496 11,324 12,107 
- Consensus 2,945 9,285 9,698 9,934 10,583 11,241 
- Lowest     9,262 9,304 9,631 9,835 
Operating margin as % of net sales
- Number of Estimates   11 11 11 10 
- Highest     27.8 28.7 30.2 31.0 
- Consensus 32.6 27.5 27.3 27.6 28.1 28.7 
- Lowest     26.4 26.6 26.7 26.6 
Financial income & expense
- Number of Estimates   10 10 10 10 
- Highest     -250 -212 -100 20 
- Consensus -83 -399 -296 -295 -245 -187 
- Lowest     -373 -559 -547 -536 
Tax rate in %
- Number of Estimates   10 10 10 10 
- Highest     -23.1 -24.0 -24.0 -24.0 
- Consensus -23.3 -23.3 -24.2 -24.8 -24.9 -24.9 
- Lowest     -25.0 -26.4 -26.3 -26.2 
Business net income
- Number of Estimates   13 13 12 10 
- Highest     7,394 7,817 8,373 9,125 
- Consensus 2,300 7,308 7,152 7,311 7,768 8,264 
- Lowest     6,901 6,951 7,165 7,308 
Net profit margin as % of net sales
- Number of Estimates   12 12 12 10 
- Highest     20.7 21.3 22.7 23.4 
- Consensus 23.8 21.6 20.1 20.2 20.7 21.1 
- Lowest     19.4 19.6 19.1 18.2 
Number of shares
- Number of Estimates   11 11 11 
- Highest     1,264 1,255 1,248 1,242 
- Consensus 1,289 1,287 1,252 1,236 1,224 1,206 
- Lowest     1,236 1,197 1,179 1,150 
Business EPS (in EUR)
- Number of Estimates   16 16 15 10 
- Highest     5.85 6.20 6.84 7.39 
- Consensus 1.79 5.68 5.72 5.96 6.43 6.96 
- Lowest     5.56 5.63 5.80 5.97 
Dividend per Share (in EUR)
- Number of Estimates   11 11 11 
- Highest     3.10 3.28 3.57 3.87 
- Consensus 2.96 3.02 3.14 3.39 3.64 
- Lowest     2.91 3.00 3.27 3.48 
More estimates on Vara Online Services
Last update on 16/10/2017
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.