Financials Séché Environnement SA

Equities

Market Closed - Euronext Paris Other stock markets 11:35:25 2024-09-10 EDT			5-day change	1st Jan Change
89.10 ^EUR	+0.11%		-5.21%	-19.00%

09-05	Such a long wait
09-05	Séché: down after half-year results	CF

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	704.4	673.1	790.1	972.7	1,089	1,191	1,280	1,362
Change	-	-4.45%	17.39%	23.11%	11.95%	9.39%	7.48%	6.4%
EBITDA ¹	135.4	137	170.3	201.6	217.7	231.4	266.7	299.1
Change	-	1.2%	24.29%	18.37%	8.01%	6.3%	15.24%	12.17%
EBIT ¹	47.8	47.5	71.5	91.27	101.2	107.1	133.4	159.3
Change	-	-0.63%	50.52%	27.65%	10.88%	5.87%	24.49%	19.44%
Interest Paid ¹	-17.47	-20.44	-24.13	-18.54	-22.2	-37.75	-46.9	-44.05
Earnings before Tax (EBT)	29.29	23.8	44.56	-	-	-	-	-
Change	-	-18.73%	87.19%	-100%	-	-	-	-
Net income ¹	17.82	13.8	28.38	44.61	47.8	44.22	60.35	74.13
Change	-	-22.58%	105.68%	57.16%	7.16%	-7.49%	36.47%	22.83%
Announcement Date	3/9/20	3/8/21	3/7/22	3/6/23	3/11/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019 Q1	2019 Q2	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2
Net sales ¹	163	179.3	172.6	189.5	172.9	140.9	169.3	190	191.2	197.1	210.5	209.1	254.8	214.2	329.3	265.7	264.4	259.5	299.3	262.9	270.4
Change	-	9.99%	-3.73%	9.81%	-8.78%	-18.51%	20.16%	12.21%	0.67%	3.06%	6.82%	-0.68%	21.87%	-15.94%	53.72%	-19.31%	-0.48%	-1.87%	15.32%	-12.15%	1.07%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	4/18/19	9/9/19	10/22/19	3/9/20	4/28/20	7/28/20	10/27/20	3/8/21	6/13/21	10/22/21	3/7/22	6/12/22	9/12/22	10/25/22	3/6/23	6/11/23	9/11/23	10/24/23	3/11/24	4/23/24	-

¹EUR in Million

Estimates

Fiscal Period: December	2019 S2	2020 S1	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2024 S1
Net sales ¹	-	313.8	382.5	-	463.9	-	530.1	540.5
Change	-	-	21.89%	-100%	-	-100%	-	1.95%
EBITDA ¹	-	53.64	-	89.14	99.9	-	101.9	88.33
Change	-	-	-100%	-	12.07%	-100%	-	-13.34%
EBIT ¹	25.7	13.04	32.85	-	47.71	43.56	45.34	29.58
Change	-	-49.26%	151.92%	-100%	-	-8.71%	4.1%	-34.77%
Charge d'intérêts	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Net income	-	-0.926	-	-	25.17	-	22.97	-
Change	-	-	-100%	-	-	-100%	-	-100%
Announcement Date	3/9/20	7/28/20	9/13/21	3/7/22	9/12/22	3/6/23	9/11/23	9/4/24

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	456	450	475	587	642	969	918	847
Change	-	-1.32%	5.56%	23.58%	9.37%	50.96%	-5.26%	-7.73%
Announcement Date	3/9/20	3/8/21	3/7/22	3/6/23	3/11/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	71.77	66.39	89.56	99.86	91.83	112.1	120.6	129.4
Change	-	-7.49%	34.9%	11.5%	-8.04%	22.07%	7.58%	7.27%
Free Cash Flow (FCF) ¹	38.65	54.96	52.7	48.26	95.49	103.2	99.57	130.4
Change	-	42.2%	-4.12%	-8.43%	97.87%	8.13%	-3.57%	31.02%
Announcement Date	3/9/20	3/8/21	3/7/22	3/6/23	3/11/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	19.22%	20.35%	21.55%	20.72%	19.99%	19.43%	20.83%	21.96%
EBIT Margin (%)	6.79%	7.06%	9.05%	9.38%	9.29%	8.99%	10.42%	11.69%
EBT Margin (%)	4.16%	3.54%	5.64%	-	-	-	-	-
Net margin (%)	2.53%	2.05%	3.59%	4.59%	4.39%	3.71%	4.71%	5.44%
FCF margin (%)	5.49%	8.17%	6.67%	4.96%	8.77%	8.67%	7.78%	9.58%
FCF / Net Income (%)	216.84%	398.29%	185.67%	108.18%	199.76%	233.48%	164.99%	175.98%
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	7.04%	5.44%	10.87%	15.39%	14.75%	11.65%	14.29%	15.36%
Financial Health
Leverage (Debt/EBITDA)	3.37x	3.29x	2.79x	2.91x	2.95x	4.19x	3.44x	2.83x
Debt / Free cash flow	11.8x	8.19x	9.01x	12.17x	6.72x	9.39x	9.22x	6.5x
Capital Intensity
CAPEX / Current Assets (%)	10.19%	9.86%	11.34%	10.27%	8.43%	9.41%	9.42%	9.5%
CAPEX / EBITDA (%)	53.02%	48.46%	52.6%	49.54%	42.18%	48.44%	45.22%	43.25%
CAPEX / FCF (%)	185.68%	120.79%	169.95%	206.94%	96.17%	108.57%	121.12%	99.17%
Items per share
Cash flow per share ¹	14.06	15.56	18.24	18.99	24	22.26	27.59	29.49
Change	-	10.64%	17.26%	4.1%	26.38%	-7.27%	23.94%	6.89%
Dividend per Share ¹	0.95	0.95	1	1.1	1.2	1.212	1.333	1.467
Change	-	0%	5.26%	10%	9.09%	1.04%	9.97%	10%
Book Value Per Share ¹	32.72	32.74	34.29	39.46	43.36	48.18	54.81	63.17
Change	-	0.05%	4.74%	15.08%	9.86%	11.12%	13.77%	15.25%
EPS ¹	2.27	1.77	3.64	5.72	6.13	5.482	7.856	9.435
Change	-	-22.03%	105.65%	57.14%	7.17%	-10.57%	43.3%	20.1%
Nbr of stocks (in thousands)	7,800	7,798	7,800	7,805	7,805	7,804	7,804	7,804
Announcement Date	3/9/20	3/8/21	3/7/22	3/6/23	3/11/24	-	-	-