Saf-Holland Se
XETRA:SFQ
Income Statement
Earnings Waterfall
Saf-Holland Se
Revenue
|
2.1B
EUR
|
Cost of Revenue
|
-1.7B
EUR
|
Gross Profit
|
416.1m
EUR
|
Operating Expenses
|
-240.6m
EUR
|
Operating Income
|
175.5m
EUR
|
Other Expenses
|
-95.5m
EUR
|
Net Income
|
79.9m
EUR
|
Income Statement
Saf-Holland Se
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 |
857
N/A
|
882
+3%
|
903
+2%
|
926
+2%
|
960
+4%
|
996
+4%
|
1 037
+4%
|
1 054
+2%
|
1 061
+1%
|
1 050
-1%
|
1 036
-1%
|
1 033
0%
|
1 042
+1%
|
1 069
+3%
|
1 096
+2%
|
1 117
+2%
|
1 139
+2%
|
1 147
+1%
|
1 192
+4%
|
1 255
+5%
|
1 301
+4%
|
1 352
+4%
|
1 356
+0%
|
1 328
-2%
|
1 284
-3%
|
1 222
-5%
|
1 065
-13%
|
984
-8%
|
960
-3%
|
962
+0%
|
1 091
+13%
|
1 176
+8%
|
1 247
+6%
|
1 331
+7%
|
1 412
+6%
|
1 497
+6%
|
1 565
+5%
|
1 676
+7%
|
1 828
+9%
|
1 978
+8%
|
2 106
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(701)
|
(722)
|
(737)
|
(756)
|
(780)
|
(814)
|
(844)
|
(856)
|
(854)
|
(845)
|
(832)
|
(830)
|
(834)
|
(859)
|
(887)
|
(910)
|
(923)
|
(948)
|
(994)
|
(1 053)
|
(1 097)
|
(1 143)
|
(1 142)
|
(1 120)
|
(1 069)
|
(1 029)
|
(904)
|
(828)
|
(783)
|
(788)
|
(888)
|
(960)
|
(1 036)
|
(1 119)
|
(1 188)
|
(1 257)
|
(1 300)
|
(1 388)
|
(1 501)
|
(1 611)
|
(1 690)
|
|
Gross Profit |
156
N/A
|
160
+3%
|
166
+3%
|
170
+3%
|
179
+5%
|
182
+1%
|
193
+6%
|
198
+3%
|
206
+5%
|
205
-1%
|
204
-1%
|
202
-1%
|
208
+3%
|
211
+1%
|
210
-1%
|
207
-1%
|
216
+4%
|
199
-8%
|
198
-1%
|
202
+2%
|
203
+1%
|
209
+3%
|
213
+2%
|
208
-2%
|
215
+3%
|
192
-11%
|
161
-16%
|
157
-3%
|
176
+12%
|
173
-2%
|
203
+17%
|
215
+6%
|
210
-2%
|
212
+1%
|
224
+6%
|
240
+7%
|
265
+10%
|
288
+9%
|
327
+13%
|
368
+13%
|
416
+13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(106)
|
(108)
|
(112)
|
(114)
|
(117)
|
(122)
|
(125)
|
(125)
|
(123)
|
(126)
|
(124)
|
(128)
|
(125)
|
(135)
|
(137)
|
(136)
|
(132)
|
(132)
|
(132)
|
(129)
|
(118)
|
(131)
|
(137)
|
(146)
|
(149)
|
(164)
|
(155)
|
(143)
|
(126)
|
(138)
|
(141)
|
(141)
|
(135)
|
(140)
|
(146)
|
(157)
|
(155)
|
(170)
|
(203)
|
(219)
|
(241)
|
|
Selling, General & Administrative |
(91)
|
(93)
|
(96)
|
(98)
|
(90)
|
(104)
|
(107)
|
(108)
|
(95)
|
(108)
|
(107)
|
(110)
|
(97)
|
(116)
|
(117)
|
(116)
|
(105)
|
(113)
|
(114)
|
(110)
|
(97)
|
(121)
|
(127)
|
(137)
|
(111)
|
(138)
|
(131)
|
(126)
|
(93)
|
(117)
|
(119)
|
(119)
|
(100)
|
(124)
|
(129)
|
(139)
|
(116)
|
(152)
|
(181)
|
(191)
|
(178)
|
|
Research & Development |
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
(20)
|
(21)
|
(20)
|
(18)
|
(21)
|
(20)
|
(21)
|
(18)
|
(20)
|
(21)
|
(21)
|
(18)
|
(20)
|
(20)
|
(20)
|
(17)
|
(20)
|
(20)
|
(20)
|
(17)
|
(20)
|
(18)
|
(16)
|
(13)
|
(13)
|
(14)
|
(15)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(22)
|
(27)
|
(34)
|
(32)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(30)
|
|
Other Operating Expenses |
3
|
3
|
3
|
2
|
0
|
2
|
3
|
3
|
0
|
3
|
3
|
3
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
9
|
10
|
10
|
12
|
(2)
|
(6)
|
(6)
|
(0)
|
(1)
|
(8)
|
(8)
|
(8)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
3
|
5
|
6
|
(1)
|
|
Operating Income |
49
N/A
|
53
+6%
|
54
+3%
|
56
+4%
|
63
+11%
|
60
-4%
|
67
+13%
|
73
+8%
|
83
+15%
|
80
-5%
|
79
0%
|
74
-7%
|
83
+12%
|
76
-9%
|
72
-5%
|
71
-1%
|
84
+17%
|
67
-20%
|
66
-1%
|
73
+11%
|
85
+17%
|
78
-8%
|
76
-2%
|
63
-18%
|
66
+6%
|
29
-57%
|
6
-79%
|
14
+122%
|
50
+264%
|
35
-29%
|
62
+76%
|
74
+19%
|
75
+2%
|
72
-4%
|
78
+8%
|
83
+7%
|
110
+32%
|
117
+7%
|
123
+5%
|
149
+21%
|
175
+18%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(11)
|
(13)
|
(11)
|
(5)
|
(1)
|
9
|
7
|
2
|
1
|
(10)
|
(7)
|
(6)
|
(14)
|
(6)
|
(8)
|
(10)
|
(12)
|
(12)
|
(10)
|
(8)
|
(8)
|
(7)
|
(8)
|
(10)
|
(8)
|
(10)
|
(10)
|
(9)
|
(9)
|
(10)
|
(9)
|
(9)
|
(6)
|
(9)
|
(7)
|
(8)
|
(7)
|
(19)
|
(23)
|
(31)
|
(33)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
(7)
|
(33)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(13)
|
|
Total Other Income |
(7)
|
(7)
|
(7)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(3)
|
(3)
|
(3)
|
(2)
|
3
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(4)
|
(4)
|
(3)
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(8)
|
|
Pre-Tax Income |
31
N/A
|
33
+4%
|
37
+13%
|
46
+25%
|
49
+6%
|
64
+31%
|
69
+8%
|
70
+0%
|
78
+12%
|
66
-14%
|
70
+5%
|
66
-5%
|
65
-1%
|
66
+1%
|
61
-8%
|
58
-5%
|
56
-3%
|
53
-6%
|
53
+1%
|
62
+16%
|
64
+4%
|
67
+5%
|
65
-3%
|
44
-32%
|
24
-45%
|
19
-21%
|
(4)
N/A
|
4
N/A
|
19
+351%
|
26
+32%
|
53
+107%
|
65
+23%
|
63
-4%
|
63
+1%
|
71
+13%
|
76
+6%
|
88
+17%
|
99
+12%
|
100
+1%
|
118
+18%
|
122
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(7)
|
(8)
|
(12)
|
(16)
|
(22)
|
(24)
|
(24)
|
(26)
|
(22)
|
(22)
|
(20)
|
(21)
|
(22)
|
(20)
|
(20)
|
(11)
|
(13)
|
(14)
|
(14)
|
(18)
|
(18)
|
(18)
|
(16)
|
(14)
|
(12)
|
(5)
|
(3)
|
(5)
|
(9)
|
(18)
|
(22)
|
(26)
|
(25)
|
(26)
|
(28)
|
(27)
|
(31)
|
(33)
|
(42)
|
(41)
|
|
Income from Continuing Operations |
24
|
26
|
29
|
35
|
33
|
43
|
46
|
46
|
52
|
45
|
47
|
46
|
43
|
44
|
41
|
38
|
46
|
40
|
40
|
47
|
46
|
50
|
47
|
28
|
10
|
8
|
(9)
|
1
|
14
|
17
|
35
|
43
|
37
|
39
|
46
|
47
|
61
|
68
|
67
|
76
|
81
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
|
Net Income (Common) |
24
N/A
|
26
+5%
|
29
+13%
|
35
+21%
|
33
-7%
|
42
+30%
|
45
+7%
|
46
+1%
|
52
+12%
|
45
-13%
|
47
+6%
|
46
-2%
|
44
-5%
|
45
+1%
|
42
-6%
|
39
-8%
|
43
+11%
|
41
-4%
|
41
0%
|
49
+19%
|
48
-1%
|
49
+3%
|
47
-6%
|
27
-42%
|
9
-67%
|
7
-27%
|
(10)
N/A
|
1
N/A
|
14
+1 941%
|
16
+15%
|
35
+117%
|
43
+25%
|
37
-15%
|
39
+6%
|
45
+17%
|
47
+4%
|
61
+30%
|
68
+11%
|
67
-1%
|
76
+13%
|
80
+5%
|
|
EPS (Diluted) |
0.54
N/A
|
0.56
+4%
|
0.63
+13%
|
0.77
+22%
|
0.68
-12%
|
0.93
+37%
|
0.99
+6%
|
0.85
-14%
|
1.08
+27%
|
0.89
-18%
|
1.04
+17%
|
0.85
-18%
|
0.82
-4%
|
0.84
+2%
|
0.8
-5%
|
0.75
-6%
|
0.79
+5%
|
0.9
+14%
|
0.9
N/A
|
1.07
+19%
|
0.92
-14%
|
0.97
+5%
|
0.88
-9%
|
0.57
-35%
|
0.19
-67%
|
0.12
-37%
|
-0.23
N/A
|
0.01
N/A
|
0.3
+2 900%
|
0.35
+17%
|
0.77
+120%
|
0.96
+25%
|
0.81
-16%
|
0.86
+6%
|
0.99
+15%
|
1.03
+4%
|
1.35
+31%
|
1.49
+10%
|
1.48
-1%
|
1.67
+13%
|
1.76
+5%
|