PHILOSOPHY AND GOALS
Our development will always be geared to sustainability
The Group must remain financially sound and seek to:
- Comply fully with the legal and fiscal regulations in force in the countries in which it is present.
- Generate annual profits/dividends to distribute to its shareholders.
- Guarantee satisfactory remuneration for its employees/associates and make a social contribution.
- LPG, the most sustainable fossil fuel, will remain our core business and should be regarded as the bridge toward the decarbonized energy scenario until 2050.
- Guarantee high-quality services to its customers, accelerating the digital process to make our customers’ purchasing experience more straightforward and pleasurable.
Our numbers
Years of history
75
Employees
1420
European countries in which we operate
9
Companies that are part of the group
36
Net profit
Values in €/thousand
EBITDA
Values in €/thousand
EBIT
Values in €/thousand
ROE in %
Values in %
Market Shares
EBITDA per Sector
Values in %
GPL
Percentage impact of each country on the Group’s LPG sales in 2021
Values in %
Some useful data
OPERATING HIGHLIGHTS OF VERONIKI HOLDING GROUP
In €/ thousand
| Income statement | Year | Year | Year | Year | Year | Year |
|---|---|---|---|---|---|---|
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
| Revenues | 810.746 | 684.425 | 500.852 | 545.737 | 582.889 | 546.501 |
| Cost of goods sold | -615.222 | -499.736 | -328.091 | -375.719 | -429.879 | -384.535 |
| Gross profit | 195.524 | 184.689 | 172.761 | 170.018 | 153.010 | 161.966 |
| Operating services | -98.618 | -100.210 | -95.012 | -93.460 | -91.834 | -90.023 |
| Personnel | -51.199 | -47.226 | -45.499 | -44.062 | -41.246 | -40.741 |
| EBITDA | 45.707 | 37.253 | 32.250 | 32.496 | 19.930 | 31.202 |
| Depreciation and amortization | -29.031 | -25.365 | -22.504 | -23.609 | -19.938 | -22.312 |
| Other cost / revenues | 28 | 8.618 | 5.311 | 2.681 | 1.493 | 4.953 |
| EBIT | 16.704 | 20.506 | 15.057 | 11.568 | 1.485 | 13.843 |
| Financials | -2.376 | -1.566 | -1.343 | -1.470 | -1.385 | -1.039 |
| Taxes | -5.407 | -5.826 | -5.129 | -3.872 | -2.764 | -4.437 |
| NOPAT | 8.921 | 13.114 | 8.585 | 6.226 | -2.664 | 8.367 |
| Balance sheet | 31/ dec | 31/ dec | 31/ dec | 31/ dec | 31/ dec | 31/ dec |
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
| Intangible assets | 13.223 | 19.773 | 18.582 | 15.287 | 13.539 | 14.571 |
| Tangible assets | 179.635 | 182.344 | 173.412 | 149.469 | 148.454 | 146.179 |
| Financial Assets | 44.370 | 46.737 | 55.197 | 55.379 | 55.487 | 57.830 |
| Fixed assets | 237.228 | 248.854 | 247.191 | 220.135 | 217.480 | 218.580 |
| Inventory | 35.099 | 36.664 | 19.762 | 21.904 | 21.604 | 26.526 |
| Trade receivables | 90.367 | 103.277 | 67.901 | 66.772 | 64.895 | 75.509 |
| Other assets | 18.296 | 16.059 | 16.818 | 18.880 | 23.600 | 19.887 |
| Trade payables | -58.986 | -77.754 | -45.776 | -51.591 | -51.805 | -56.253 |
| Other liabilities | -68.610 | -67.219 | -64.415 | -64.491 | -63.251 | -64.558 |
| Net working capital | 16.166 | 11.027 | -5.710 | -8.526 | -4.957 | 1.111 |
| Provisions | -17.498 | -17.604 | -16.936 | -18.330 | -18.953 | -19.214 |
| Net invested capital | 235.896 | 242.277 | 224.545 | 193.279 | 193.570 | 200.477 |
| Net equity | 274.452 | 265.317 | 253.113 | 231.751 | 226.394 | 226.241 |
| Shareholder’s loan | 990 | 3.326 | 7.215 | 9.215 | 9.420 | 9.758 |
| Net financial position | -39.546 | -26.366 | -35.783 | -47.687 | -42.244 | -35.522 |
| Total sources | 235.896 | 242.277 | 224.545 | 193.279 | 193.570 | 200.477 |
| DEBT LEVERAGE AND COVERAGE RATIOS | ||||||
| Equity/(financial debt + shareholder’s loan + equity) | 116% | 110% | 113% | 120% | 117% | 113% |
| (Net financial position + Shareholder’s loan) /EBITDA | -84% | -62% | -89% | -118% | -165% | -83% |
| PROFITABILITY INDICATORS | ||||||
| EBITDA margin | 6% | 5% | 6% | 6% | 3% | 6% |
| EBIT margin | 2% | 3% | 3% | 2% | 0% | 3% |
| ROE (net profit/equity) | 3% | 5% | 3% | 3% | -1% | 4% |