Cash flow Aliaxis SA

Equities

094124352

BE0941243520

Construction Supplies & Fixtures

Market Closed - Euronext Bruxelles Other stock markets 05:30:00 2025-01-14 EST			5-day change	1st Jan Change
30.00 ^EUR	0.00%		0.00%	0.00%

10-11	Aliaxis SA Appoints Partha Basu as Managing Director	CI
10-04	Kando announced that it has received $10 million in funding from DC Thomson Ventures, Ram-On Investments and Holdings Ltd, Bridges Israel Ltd., The Israel Colorado Innovation Fund, OurCrowd Ltd., Aliaxis SA	CI

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Published financial data: ALIAXIS SA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	3.12B	2.91B	3.68B	4.34B	4.06B
Total Revenues	3.12B	2.91B	3.68B	4.34B	4.06B
Cost of Goods Sold, Total	2.28B	2.08B	2.58B	3.09B	2.84B
Gross Profit	836M	823M	1.09B	1.26B	1.21B
Selling General & Admin Expenses, Total	497M	460M	509M	626M	710M
R&D Expenses	24.2M	23.22M	25.64M	31.8M	37.21M
Other Operating Expenses	22.27M	26.36M	21.73M	22.4M	27.55M
Other Operating Expenses, Total	543M	510M	556M	680M	775M
Operating Income	293M	313M	534M	576M	440M
Interest Expense, Total	-26.34M	-20.33M	-16.53M	-32.28M	-52.59M
Interest And Investment Income	7.6M	6M	4.28M	11.01M	22.9M
Net Interest Expenses	-18.74M	-14.33M	-12.25M	-21.27M	-29.69M
Currency Exchange Gains (Loss)	-3.5M	-7.04M	-3.09M	-6.4M	-6.09M
Other Non Operating Income (Expenses)	-7.8M	-6.36M	-4.91M	3.84M	-3.16M
EBT, Excl. Unusual Items	263M	285M	514M	552M	401M
Restructuring Charges	-30.04M	-14.22M	-4.26M	-6.86M	-7.72M
Merger & Related Restructuring Charges	-6.4M	-3M	-2.4M	-9.8M	-12.96M
Impairment of Goodwill	-38.98M	-38.3M	-	-	-
Gain (Loss) On Sale Of Investments	-	5.92M	-	-	81.03M
Gain (Loss) On Sale Of Assets	114M	99.11M	90.6M	1.7M	21K
Asset Writedown	-8.56M	-26.69M	-5.8M	-561K	-237K
Insurance Settlements	406K	960K	242K	216K	2.01M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	294M	309M	592M	537M	463M
Income Tax Expense	109M	109M	193M	166M	139M
Earnings From Continuing Operations	184M	199M	399M	371M	324M
Net Income to Company	184M	199M	399M	371M	324M
Minority Interest	-1.27M	-985K	-1.62M	-1.5M	-1.69M
Net Income - (IS)	183M	198M	398M	369M	322M
Net Income to Common Incl Extra Items	183M	198M	398M	369M	322M
Net Income to Common Excl. Extra Items	183M	198M	398M	369M	322M
Per Share Items
Net EPS - Basic	2.33	2.54	5.07	4.69	4.1
Basic EPS - Continuing Operations	2.33	2.54	5.07	4.69	4.1
Basic Weighted Average Shares Outstanding	78.48M	78.27M	78.47M	78.68M	78.52M
Net EPS - Diluted	2.33	2.54	5.06	4.69	4.1
Diluted EPS - Continuing Operations	2.33	2.54	5.06	4.69	4.1
Diluted Weighted Average Shares Outstanding	78.48M	78.27M	78.47M	78.68M	78.52M
Normalized Basic EPS	2.08	2.26	4.07	4.37	3.17
Normalized Diluted EPS	2.08	2.26	4.07	4.37	3.17
Dividend Per Share	0.29	0.66	0.78	0.86	0.95
Payout Ratio	25.79	23.95	13.01	17.07	21.39
Supplemental Items
EBITDA	399M	428M	643M	700M	582M
EBITA	308M	335M	551M	598M	469M
EBIT	293M	313M	534M	576M	440M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	37.22	35.4	32.55	30.95	30.09
Total Current Taxes	122M	92.31M	175M	180M	154M
Total Deferred Taxes	-12.27M	16.98M	17.92M	-13.9M	-14.77M
Normalized Net Income	163M	177M	320M	344M	249M
Interest on Long-Term Debt	9.27M	4.9M	4.84M	7.35M	10.56M
Non-Cash Pension Expense	1.58M	2.26M	1.33M	51K	-77K
Supplemental Operating Expense Items
Selling and Marketing Expenses	254M	219M	236M	281M	316M
General and Administrative Expenses	243M	242M	272M	345M	394M
Research And Development Expense From Footnotes	24.2M	23.22M	25.64M	31.8M	37.21M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	486M	643M	1.11B	744M	636M
Trading Asset Securities, Total	-	-	-	26.71M	-
Total Cash And Short Term Investments	486M	643M	1.11B	771M	636M
Accounts Receivable, Total	319M	289M	324M	384M	476M
Other Receivables	79.48M	60.92M	74.5M	180M	147M
Total Receivables	399M	350M	399M	564M	623M
Inventory	581M	507M	737M	1.06B	888M
Other Current Assets, Total	6.21M	27.67M	2.92M	7.72M	3.96M
Total Current Assets	1.47B	1.53B	2.25B	2.4B	2.15B
Gross Property Plant And Equipment	2.43B	2.32B	2.42B	2.8B	3.1B
Accumulated Depreciation	-1.46B	-1.43B	-1.48B	-1.59B	-1.69B
Net Property Plant And Equipment	963M	882M	940M	1.2B	1.41B
Long-term Investments	50.31M	18.97M	24.33M	1.6M	214K
Goodwill	608M	537M	563M	632M	696M
Other Intangibles, Total	207M	165M	158M	244M	373M
Deferred Tax Assets Long-Term	35.16M	13.44M	12.38M	16.95M	23.02M
Other Long-Term Assets, Total	86.64M	82.54M	82.72M	79.74M	81.6M
Total Assets	3.42B	3.23B	4.03B	4.58B	4.73B
Liabilities
Accounts Payable, Total	285M	287M	387M	361M	486M
Accrued Expenses, Total	125M	139M	166M	172M	170M
Short-term Borrowings	12.92M	30.65M	3.66M	6.01M	12.27M
Current Portion of Long-Term Debt	143M	151M	69.39M	229M	83.1M
Current Portion of Leases	30.06M	22.31M	22.86M	26.13M	31.46M
Current Income Taxes Payable	74.95M	74.44M	102M	101M	66.3M
Other Current Liabilities	70.33M	62.57M	54M	58.46M	53.74M
Total Current Liabilities	742M	767M	805M	953M	903M
Long-Term Debt	987M	786M	1.01B	1.08B	1.07B
Long-Term Leases	88.38M	95.31M	109M	144M	191M
Pension & Other Post Retirement Benefits	79.04M	81.21M	76.01M	59.75M	59.51M
Deferred Tax Liability Non Current	66.85M	60.99M	82.63M	73.83M	60.52M
Other Non Current Liabilities	50.66M	23.69M	26.07M	37.78M	49.88M
Total Liabilities	2.01B	1.81B	2.11B	2.35B	2.34B
Common Stock, Total	62.67M	62.67M	62.67M	62.67M	62.67M
Additional Paid In Capital	13.33M	13.33M	13.33M	13.33M	13.33M
Retained Earnings	1.56B	1.71B	2.07B	2.37B	2.61B
Treasury Stock	-172M	-173M	-166M	-167M	-186M
Comprehensive Income and Other	-64.42M	-212M	-58.55M	-55.08M	-111M
Total Common Equity	1.4B	1.41B	1.92B	2.22B	2.39B
Minority Interest	7.24M	6.88M	6.88M	6.54M	6.37M
Total Equity	1.41B	1.41B	1.92B	2.23B	2.4B
Total Liabilities And Equity	3.42B	3.23B	4.03B	4.58B	4.73B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	78.29M	78.27M	78.68M	78.69M	78.09M
ECS Total Common Shares Outstanding	78.29M	78.27M	78.68M	78.69M	78.09M
Book Value / Share	17.9	17.96	24.37	28.25	30.62
Tangible Book Value	587M	703M	1.2B	1.35B	1.32B
Tangible Book Value Per Share	7.49	8.98	15.2	17.13	16.94
Total Debt	1.26B	1.09B	1.21B	1.49B	1.39B
Net Debt	776M	443M	101M	715M	754M
Debt Equivalent of Unfunded Proj. Benefit Obligation	26.66M	28.37M	9.82M	16.14M	29.39M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	7.24M	6.88M	6.88M	6.54M	6.37M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	152M	152M	272M	411M	329M
Inventories - Work In Process, Total	13.47M	12.53M	19.9M	22.06M	21.35M
Inventories - Finished Goods, Total	416M	342M	445M	629M	538M
Land - (BS)	627M	711M	744M	853M	952M
Machinery, Total	1.45B	1.42B	1.45B	1.56B	1.66B
Full Time Employees	15.5K	14K	14.4K	15.2K	15.9K
Accumulated Allowance for Doubtful Accounts (Supple)	16.86M	14.95M	13.81M	18.25M	27.56M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	183M	198M	398M	369M	322M
Depreciation & Amortization - CF	124M	121M	119M	133M	149M
Amortization of Goodwill and Intangible Assets - (CF)	15.43M	22.74M	17.12M	21.54M	28.54M
Depreciation & Amortization, Total	140M	144M	136M	154M	178M
Amortization of Deferred Charges, Total - (CF)	-	-	-	1.64M	1.67M
(Gain) Loss From Sale Of Asset	-114M	-99.11M	-90.6M	-1.71M	-1.06M
(Gain) Loss on Sale of Investments - (CF)	921K	609K	-3.25M	-82K	3.04M
Asset Writedown & Restructuring Costs	50.92M	64.76M	6.01M	844K	847K
Stock-Based Compensation (CF)	-	-	-	-	-
Other Operating Activities, Total	74.84M	53.43M	129M	40.9M	-96.3M
Change In Accounts Receivable	12.4M	-30.08M	-51.03M	-117M	-107M
Change In Inventories	-14.8M	1.86M	-226M	-306M	171M
Change In Accounts Payable	-23.76M	45.43M	107M	-43.43M	150M
Change in Other Net Operating Assets	-28.74M	-26.25M	-12.16M	-29.83M	-4.03M
Cash from Operations	281M	353M	393M	69.43M	617M
Capital Expenditure	-105M	-80.41M	-126M	-282M	-275M
Sale of Property, Plant, and Equipment	4.16M	4.47M	5.12M	3.13M	1.1M
Cash Acquisitions	-134M	-1.04M	-20K	-212M	-227M
Divestitures	183M	169M	120M	-2K	-1K
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-11.67M	-18.59M	-12.74M	-42.79M	-55.56M
Investment in Marketable and Equity Securities, Total	884K	-1.49M	-523K	-27.66M	124M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-148K	-	-98K	-299K	51K
Other Investing Activities, Total	7.36M	6.09M	4.56M	12.12M	25.96M
Cash from Investing	-55.07M	78.21M	-9.24M	-549M	-406M
Long-Term Debt Issued, Total	33.55M	26.18M	752M	316M	348M
Total Debt Issued	33.55M	26.18M	752M	316M	348M
Long-Term Debt Repaid, Total	-98.57M	-229M	-626M	-127M	-531M
Total Debt Repaid	-98.57M	-229M	-626M	-127M	-531M
Issuance of Common Stock	680K	190K	9.07M	33K	348K
Repurchase of Common Stock	-9.45M	-580K	-332K	-	-18.87M
Common Dividends Paid	-47.21M	-47.54M	-51.76M	-63.04M	-68.91M
Common & Preferred Stock Dividends Paid	-47.21M	-47.54M	-51.76M	-63.04M	-68.91M
Other Financing Activities, Total	-19.62M	-19.88M	-22.85M	-25.48M	-44.99M
Cash from Financing	-141M	-270M	60.25M	101M	-316M
Foreign Exchange Rate Adjustments	17.26M	-21.84M	58.03M	11.13M	-10.27M
Miscellaneous Cash Flow Adjustments	-2.32M	-347K	-6.67M	-1.1M	1K
Net Change in Cash	99.77M	139M	495M	-369M	-115M
Supplemental Items
Cash Interest Paid	19.62M	19.88M	11.83M	25.48M	44.99M
Cash Income Tax Paid (Refund)	107M	89.65M	133M	203M	222M
Levered Free Cash Flow	265M	337M	213M	-341M	319M
Unlevered Free Cash Flow	281M	349M	224M	-322M	350M
Change In Net Working Capital	-75.09M	-109M	108M	512M	-228M
Net Debt Issued / Repaid	-65.02M	-202M	126M	189M	-183M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.6	5.88	9.2	8.37	5.91
Return on Total Capital	7.2	7.57	11.86	10.51	7.33
Return On Equity %	13.82	14.14	23.94	17.86	14
Return on Common Equity	13.8	14.14	23.94	17.84	13.96
Margin Analysis
Gross Profit Margin %	26.82	28.29	29.67	28.94	29.93
SG&A Margin	15.93	15.83	13.85	14.42	17.5
EBITDA Margin %	12.8	14.7	17.5	16.11	14.33
EBITA Margin %	9.89	11.54	15	13.77	11.54
EBIT Margin %	9.4	10.75	14.53	13.27	10.84
Income From Continuing Operations Margin %	5.91	6.86	10.87	8.54	7.98
Net Income Margin %	5.87	6.83	10.82	8.51	7.94
Net Avail. For Common Margin %	5.87	6.83	10.82	8.51	7.94
Normalized Net Income Margin	5.23	6.09	8.69	7.92	6.13
Levered Free Cash Flow Margin	8.49	11.58	5.8	-7.85	7.86
Unlevered Free Cash Flow Margin	9.02	12.01	6.09	-7.42	8.62
Asset Turnover
Asset Turnover	0.95	0.87	1.01	1.01	0.87
Fixed Assets Turnover	3.52	3.15	4.03	4.05	3.11
Receivables Turnover (Average Receivables)	9.64	9.56	11.98	12.26	9.44
Inventory Turnover (Average Inventory)	4.05	3.83	4.16	3.43	2.92
Short Term Liquidity
Current Ratio	1.99	1.99	2.79	2.52	2.38
Quick Ratio	1.19	1.29	1.88	1.4	1.39
Operating Cash Flow to Current Liabilities	0.38	0.46	0.49	0.07	0.68
Days Sales Outstanding (Average Receivables)	37.87	38.3	30.47	29.77	38.66
Days Outstanding Inventory (Average Inventory)	90.23	95.47	87.79	106.38	125.12
Average Days Payable Outstanding	44.84	52.04	43.69	40.05	57.9
Cash Conversion Cycle (Average Days)	83.26	81.73	74.57	96.1	105.87
Long Term Solvency
Total Debt/Equity	89.59	76.84	63.01	66.65	57.94
Total Debt / Total Capital	47.25	43.45	38.65	40	36.69
LT Debt/Equity	76.38	62.39	58.03	54.96	52.65
Long-Term Debt / Total Capital	40.29	35.28	35.6	32.98	33.34
Total Liabilities / Total Assets	58.85	56.22	52.26	51.31	49.34
EBIT / Interest Expense	11.12	15.38	32.31	17.85	8.37
EBITDA / Interest Expense	16.43	22.46	40.56	22.63	11.75
(EBITDA - Capex) / Interest Expense	12.44	18.51	32.94	13.88	6.51
Total Debt / EBITDA	2.92	2.38	1.81	2.03	2.25
Net Debt / EBITDA