The creation of sustainable value added over time is possible thanks to a series of actions aimed at improving our way of doing business, transforming them into a competitive advantage.
Improving processes, technology and business practices for increasingly reliable and high-performance plants.
An eye on technological innovation to prepare our path towards the future.
Creating Value
Our Group has always maintained a careful asset management policy in order to guarantee the long-term continuity of the company.
An analysis of the financial results over the years and related distributed dividends provides further evidence of the success of this approach.
In recent years, ERG has been able to satisfactorily remunerate the capital invested by its shareholders. In 2017, an ordinary dividend of 0.75 EUR per share (0.50 EUR in 2016) was paid out besides an extraordinary component of 0.40 EUR per share.
An analysis of the financial results over the years and related distributed dividends provides further evidence of the success of this approach.
In recent years, ERG has been able to satisfactorily remunerate the capital invested by its shareholders. In 2017, an ordinary dividend of 0.75 EUR per share (0.50 EUR in 2016) was paid out besides an extraordinary component of 0.40 EUR per share.
(Source: Non financial disclosure at 31 December 2017 - 2017 ERG Sustainability Report)
Data and indicators
| 2017 | 2016 | 2015 | ||
| Revenues from ordinary operations | million EUR | 1.056 | 1.025 | 944 |
| EBITDA at replacement cost EBITDA at replacement cost | million EUR | 472 | 455 | 350 |
| EBIT at replacement cost | million EUR | 220 | 202 | 179 |
| Net Profit | million EUR | 207 | 125 | 24 |
| of which Group Net Profit | million EUR | 207 | 122 | 21 |
| Group net profit (loss) at adjusted replacement cost (1) | million EUR | 142 | 107 | 96 |
| Cash flow from operations | million EUR | 400 | 402 | 192 |
| Total net financial indebtedness | million EUR | 1.233 | 1.557 | 1.448 |
| Net invested capital | million EUR | 3.110 | 3.286 | 3.124 |
| Investments (2) | million EUR | 54 | 60 | 106 |
| Financial leverage | 40% | 47% | 46% |
(1) Does not include inventory gains (losses) of TotalErg, non-recurring items and related applicable theoretical taxes.
(2) In investments intangible and intangible fixed assets. Not including M&A investments for 39.5 million EUR in 2017 for the acquisition of the companies of the DIF Group in Germany and the M&A investments for 306 million EUR made in 2016.
Total revenues in 2017 include 100 thousand EUR in grants from public administration or the European Community for employee training. ERG Group does not donate to political parties.
Page updated at 2 Apr 2019