Hera SpA
MIL:HER
Income Statement
Earnings Waterfall
Hera SpA
Revenue
|
14.9B
EUR
|
Cost of Revenue
|
-9.5B
EUR
|
Gross Profit
|
5.4B
EUR
|
Operating Expenses
|
-4.5B
EUR
|
Operating Income
|
948.7m
EUR
|
Other Expenses
|
-507.3m
EUR
|
Net Income
|
441.4m
EUR
|
Income Statement
Hera SpA
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 457
N/A
|
4 290
-4%
|
4 193
-2%
|
4 173
0%
|
4 189
+0%
|
4 274
+2%
|
4 313
+1%
|
4 440
+3%
|
4 487
+1%
|
4 410
-2%
|
4 777
+8%
|
4 856
+2%
|
5 131
+6%
|
5 474
+7%
|
5 383
-2%
|
5 544
+3%
|
5 612
+1%
|
5 776
+3%
|
5 825
+1%
|
5 933
+2%
|
6 134
+3%
|
7 715
+26%
|
9 861
+28%
|
10 171
+3%
|
6 913
-32%
|
10 660
+54%
|
10 691
+0%
|
10 503
-2%
|
7 079
-33%
|
10 854
+53%
|
11 632
+7%
|
12 373
+6%
|
10 555
-15%
|
18 112
+72%
|
22 828
+26%
|
26 008
+14%
|
20 082
-23%
|
31 135
+55%
|
30 537
-2%
|
27 770
-9%
|
14 897
-46%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 350)
|
(2 191)
|
(2 062)
|
(1 982)
|
(1 948)
|
(2 011)
|
(2 059)
|
(2 190)
|
(2 229)
|
(2 135)
|
(2 124)
|
(2 051)
|
(2 149)
|
(2 268)
|
(2 323)
|
(2 479)
|
(2 564)
|
(2 664)
|
(2 713)
|
(2 755)
|
(2 941)
|
(3 765)
|
(4 962)
|
(5 131)
|
(3 421)
|
(5 247)
|
(5 155)
|
(5 059)
|
(3 367)
|
(5 266)
|
(5 777)
|
(6 403)
|
(6 608)
|
(12 229)
|
(17 246)
|
(20 542)
|
(16 742)
|
(25 555)
|
(24 180)
|
(21 059)
|
(9 497)
|
|
Gross Profit |
2 107
N/A
|
2 099
0%
|
2 131
+2%
|
2 191
+3%
|
2 241
+2%
|
2 263
+1%
|
2 254
0%
|
2 250
0%
|
2 258
+0%
|
2 275
+1%
|
2 653
+17%
|
2 805
+6%
|
2 982
+6%
|
3 206
+8%
|
3 060
-5%
|
3 065
+0%
|
3 048
-1%
|
3 112
+2%
|
3 112
+0%
|
3 178
+2%
|
3 194
+0%
|
3 950
+24%
|
4 899
+24%
|
5 040
+3%
|
3 492
-31%
|
5 413
+55%
|
5 536
+2%
|
5 444
-2%
|
3 712
-32%
|
5 589
+51%
|
5 855
+5%
|
5 970
+2%
|
3 948
-34%
|
5 883
+49%
|
5 582
-5%
|
5 466
-2%
|
3 340
-39%
|
5 580
+67%
|
6 356
+14%
|
6 711
+6%
|
5 400
-20%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 675)
|
(1 709)
|
(1 737)
|
(1 773)
|
(1 788)
|
(1 833)
|
(1 816)
|
(1 810)
|
(1 808)
|
(1 838)
|
(2 204)
|
(2 357)
|
(2 521)
|
(2 746)
|
(2 611)
|
(2 592)
|
(2 561)
|
(2 650)
|
(2 649)
|
(2 708)
|
(2 672)
|
(3 336)
|
(4 072)
|
(4 200)
|
(2 939)
|
(4 457)
|
(4 648)
|
(4 479)
|
(3 153)
|
(4 697)
|
(4 906)
|
(5 023)
|
(3 320)
|
(4 924)
|
(4 704)
|
(4 693)
|
(2 891)
|
(4 575)
|
(5 039)
|
(5 302)
|
(4 452)
|
|
Selling, General & Administrative |
(1 569)
|
(1 573)
|
(1 606)
|
(1 649)
|
(1 706)
|
(1 734)
|
(1 731)
|
(1 716)
|
(1 729)
|
(1 732)
|
(2 119)
|
(2 300)
|
(2 519)
|
(2 730)
|
(2 608)
|
(2 596)
|
(2 620)
|
(2 673)
|
(2 666)
|
(2 718)
|
(2 699)
|
(3 346)
|
(4 068)
|
(4 198)
|
(2 973)
|
(4 502)
|
(4 580)
|
(4 504)
|
(3 017)
|
(4 531)
|
(4 617)
|
(4 677)
|
(3 079)
|
(4 546)
|
(4 399)
|
(4 390)
|
(2 864)
|
(4 310)
|
(4 872)
|
(5 135)
|
(4 480)
|
|
Depreciation & Amortization |
(311)
|
(315)
|
(324)
|
(333)
|
(331)
|
(336)
|
(335)
|
(332)
|
(337)
|
(337)
|
(339)
|
(339)
|
(346)
|
(359)
|
(361)
|
(376)
|
(370)
|
(375)
|
(375)
|
(374)
|
(385)
|
(508)
|
(645)
|
(646)
|
(429)
|
(690)
|
(705)
|
(709)
|
(456)
|
(722)
|
(728)
|
(738)
|
(463)
|
(755)
|
(765)
|
(768)
|
(477)
|
(793)
|
(809)
|
(826)
|
(519)
|
|
Other Operating Expenses |
205
|
179
|
194
|
209
|
249
|
237
|
250
|
238
|
258
|
230
|
254
|
282
|
344
|
343
|
358
|
380
|
429
|
398
|
391
|
384
|
412
|
518
|
641
|
643
|
462
|
735
|
637
|
734
|
320
|
555
|
439
|
392
|
222
|
377
|
459
|
465
|
450
|
528
|
642
|
659
|
548
|
|
Operating Income |
433
N/A
|
390
-10%
|
395
+1%
|
419
+6%
|
453
+8%
|
430
-5%
|
438
+2%
|
440
+0%
|
450
+2%
|
437
-3%
|
448
+3%
|
448
0%
|
461
+3%
|
460
0%
|
449
-2%
|
473
+5%
|
487
+3%
|
462
-5%
|
463
+0%
|
470
+2%
|
522
+11%
|
614
+18%
|
827
+35%
|
840
+2%
|
553
-34%
|
956
+73%
|
888
-7%
|
966
+9%
|
559
-42%
|
892
+60%
|
949
+6%
|
948
0%
|
628
-34%
|
959
+53%
|
878
-8%
|
773
-12%
|
450
-42%
|
1 005
+124%
|
1 318
+31%
|
1 409
+7%
|
949
-33%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(98)
|
(102)
|
(102)
|
(99)
|
(102)
|
(99)
|
(93)
|
(94)
|
(92)
|
(89)
|
(96)
|
(91)
|
(79)
|
(76)
|
(63)
|
(60)
|
(59)
|
(53)
|
(55)
|
(52)
|
(61)
|
(91)
|
(117)
|
(113)
|
(64)
|
(115)
|
(116)
|
(117)
|
(46)
|
(98)
|
(81)
|
(88)
|
(53)
|
(113)
|
(102)
|
(111)
|
(32)
|
(89)
|
(136)
|
(146)
|
(73)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(19)
|
0
|
(1)
|
0
|
75
|
0
|
76
|
0
|
(9)
|
0
|
(10)
|
0
|
(16)
|
0
|
(16)
|
0
|
84
|
(104)
|
(195)
|
(195)
|
(117)
|
|
Total Other Income |
(35)
|
(35)
|
(34)
|
(34)
|
(36)
|
(36)
|
(41)
|
(41)
|
(36)
|
(35)
|
(28)
|
(28)
|
(25)
|
(25)
|
(29)
|
(29)
|
(33)
|
(33)
|
(26)
|
(26)
|
(24)
|
(24)
|
(25)
|
(25)
|
(36)
|
(36)
|
(46)
|
(46)
|
(69)
|
(69)
|
(114)
|
(114)
|
(152)
|
(152)
|
(130)
|
(130)
|
(93)
|
(119)
|
(112)
|
(112)
|
(102)
|
|
Pre-Tax Income |
300
N/A
|
254
-15%
|
259
+2%
|
286
+11%
|
295
+3%
|
295
+0%
|
305
+3%
|
306
+0%
|
308
+1%
|
312
+1%
|
324
+4%
|
329
+2%
|
340
+3%
|
359
+6%
|
357
-1%
|
384
+8%
|
359
-6%
|
375
+4%
|
382
+2%
|
392
+2%
|
418
+7%
|
499
+19%
|
684
+37%
|
702
+3%
|
528
-25%
|
806
+53%
|
801
-1%
|
802
+0%
|
435
-46%
|
725
+67%
|
745
+3%
|
746
+0%
|
407
-45%
|
694
+71%
|
630
-9%
|
533
-15%
|
409
-23%
|
693
+70%
|
875
+26%
|
956
+9%
|
656
-31%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(118)
|
(112)
|
(114)
|
(124)
|
(113)
|
(110)
|
(112)
|
(111)
|
(114)
|
(114)
|
(117)
|
(118)
|
(119)
|
(120)
|
(116)
|
(123)
|
(93)
|
(98)
|
(96)
|
(97)
|
(122)
|
(145)
|
(197)
|
(200)
|
(126)
|
(205)
|
(200)
|
(199)
|
(112)
|
(192)
|
(151)
|
(118)
|
(34)
|
(80)
|
(112)
|
(119)
|
(76)
|
(181)
|
(254)
|
(276)
|
(200)
|
|
Income from Continuing Operations |
182
|
141
|
145
|
162
|
182
|
186
|
193
|
195
|
194
|
199
|
207
|
211
|
220
|
239
|
240
|
261
|
267
|
277
|
286
|
295
|
297
|
354
|
487
|
501
|
402
|
600
|
601
|
603
|
323
|
533
|
594
|
629
|
373
|
615
|
518
|
414
|
332
|
513
|
621
|
679
|
456
|
|
Income to Minority Interest |
(17)
|
(17)
|
(18)
|
(17)
|
(18)
|
(18)
|
(17)
|
(17)
|
(14)
|
(14)
|
(13)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(15)
|
(15)
|
(18)
|
(18)
|
(15)
|
(18)
|
(22)
|
(22)
|
(16)
|
(26)
|
(27)
|
(26)
|
(20)
|
(31)
|
(43)
|
(52)
|
(39)
|
(63)
|
(61)
|
(65)
|
(50)
|
(78)
|
(80)
|
(75)
|
(42)
|
|
Net Income (Common) |
165
N/A
|
125
-24%
|
127
+2%
|
146
+15%
|
165
+13%
|
168
+2%
|
176
+5%
|
178
+1%
|
180
+1%
|
184
+2%
|
194
+5%
|
197
+2%
|
207
+5%
|
226
+9%
|
227
+0%
|
248
+9%
|
251
+1%
|
262
+4%
|
269
+2%
|
277
+3%
|
282
+2%
|
336
+19%
|
465
+38%
|
479
+3%
|
386
-19%
|
575
+49%
|
575
N/A
|
577
+0%
|
303
-48%
|
502
+66%
|
552
+10%
|
577
+5%
|
334
-42%
|
552
+66%
|
457
-17%
|
349
-24%
|
255
-27%
|
434
+70%
|
568
+31%
|
631
+11%
|
441
-30%
|
|
EPS (Diluted) |
0.13
N/A
|
0.1
-23%
|
0.1
N/A
|
0.11
+10%
|
0.11
N/A
|
0.12
+9%
|
0.12
N/A
|
0.12
N/A
|
0.12
N/A
|
0.12
N/A
|
0.13
+8%
|
0.13
N/A
|
0.14
+8%
|
0.14
N/A
|
0.14
N/A
|
0.16
+14%
|
0.17
+6%
|
0.18
+6%
|
0.19
+6%
|
0.19
N/A
|
0.19
N/A
|
0.23
+21%
|
0.32
+39%
|
0.33
+3%
|
0.26
-21%
|
0.39
+50%
|
0.39
N/A
|
0.39
N/A
|
0.21
-46%
|
0.34
+62%
|
0.38
+12%
|
0.4
+5%
|
0.23
-43%
|
0.38
+65%
|
0.31
-18%
|
0.24
-23%
|
0.19
-21%
|
0.3
+58%
|
0.37
+23%
|
0.42
+14%
|
0.29
-31%
|