Corticeira Amorim, S.G.P.S., S.A. (ELI: COR)

COR Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	946.87	985.47	1,021	837.82	740.11	781.06
Revenue Growth (YoY)	-6.73%	-3.52%	21.91%	13.20%	-5.24%	2.35%
Cost of Revenue	462.27	494.37	513.61	435.33	376.82	406.66
Gross Profit	484.59	491.09	507.78	402.49	363.29	374.41
Selling, General & Admin	328.36	324.36	353.44	275.33	248.18	251.68
Other Operating Expenses	-10.55	-10.65	-11.23	-5.5	-7.17	-3.37
Operating Expenses	373.57	366.67	390.42	308.38	277.02	284.94
Operating Income	111.02	124.42	117.36	94.12	86.28	89.46
Interest Expense	-12.01	-9.01	-3.21	-1.57	-2.22	-1.53
Interest & Investment Income	1.49	1.49	0.59	0.1	0.23	0.08
Earnings From Equity Investments	2.71	3.01	4.85	3	2.11	5.58
Currency Exchange Gain (Loss)	0.59	0.59	-1.85	-0.21	-0.38	-0.95
Other Non Operating Income (Expenses)	-0.51	-0.31	-0.16	-0.12	-0.15	-0.65
EBT Excluding Unusual Items	103.3	120.2	117.57	95.32	85.86	92
Merger & Restructuring Charges	-8.27	-4.27	-1.49	-1.01	-2.69	-1.62
Impairment of Goodwill	-0.1	-0.1	-	-3.9	-	-
Gain (Loss) on Sale of Assets	0.2	0.2	0.4	-0.31	-0.03	0.77
Asset Writedown	1.16	-0.04	-1.63	0.07	0.1	0.26
Other Unusual Items	3.75	5.05	1.73	11.3	-3.13	-
Pretax Income	100.04	121.04	116.57	101.46	80.11	91.41
Income Tax Expense	15.7	20.9	5.94	18.42	11.5	11.95
Earnings From Continuing Operations	84.34	100.14	110.63	83.04	68.61	79.46
Minority Interest in Earnings	-10.34	-11.24	-12.24	-8.28	-4.29	-4.51
Net Income	74	88.9	98.4	74.76	64.33	74.95
Net Income to Common	74	88.9	98.4	74.76	64.33	74.95
Net Income Growth	-27.59%	-9.65%	31.62%	16.21%	-14.17%	-3.16%
Shares Outstanding (Basic)	133	133	133	133	133	133
Shares Outstanding (Diluted)	133	133	133	133	133	133
Shares Change (YoY)	-0.16%	-	-	-	-	-
EPS (Basic)	0.56	0.67	0.74	0.56	0.48	0.56
EPS (Diluted)	0.56	0.67	0.74	0.56	0.48	0.56
EPS Growth	-27.52%	-9.71%	31.64%	16.20%	-14.17%	-3.16%
Free Cash Flow	-	-66.36	-0.46	121.61	83.46	33.72
Free Cash Flow Per Share	-	-0.50	-0.00	0.91	0.63	0.25
Dividend Per Share	-	0.200	0.200	0.285	0.185	0.185
Dividend Growth	-	0%	-29.82%	54.05%	0%	0%
Gross Margin	51.18%	49.83%	49.71%	48.04%	49.09%	47.94%
Operating Margin	11.73%	12.63%	11.49%	11.23%	11.66%	11.45%
Profit Margin	7.81%	9.02%	9.63%	8.92%	8.69%	9.60%
Free Cash Flow Margin	-	-6.73%	-0.04%	14.52%	11.28%	4.32%
EBITDA	165.14	175	163.78	132.4	120.57	122.55
EBITDA Margin	17.44%	17.76%	16.03%	15.80%	16.29%	15.69%
D&A For EBITDA	54.12	50.57	46.42	38.28	34.29	33.09
EBIT	111.02	124.42	117.36	94.12	86.28	89.46
EBIT Margin	11.73%	12.63%	11.49%	11.23%	11.66%	11.45%
Effective Tax Rate	15.70%	17.27%	5.09%	18.16%	14.36%	13.07%
Advertising Expenses	-	6.85	8.43	5.07	5.11	7.78

Source: S&P Capital IQ. Standard template. Financial Sources.