Uzin Utz AG

Uzin Utz AG is a Germany-based company engaged in the provision of products, systems and services for the installation, renovation and maintenances of floors. The Company offers its products and services under seven brands: UZIN brand offers installation systems for floor coverings, with smoothing compounds and damp-proofing systems, adhesives for textile and resilient coverings, as well as wood flooring; WOLFF, which offers machinery and special tools for removing and laying floors, as well as preparing subfloors; Pallmann, which is a supplier of the surface treatment of wood and cork flooring, as well as develops water-based lacquers; Arturo is a specialist for synthetic resin flooring; codex, which provides tile fixers and supports traditional craftsmanship; RZ, which is engaged in cleaning and care systems for floor coverings, and UFLOOR Systems, which concerns installation, renovation and maintenance of floor coverings, wood flooring, ceramic tiles and natural stone.

Executive
Thomas Muellerschoen
Full List of Officers

H. Utz
Chairman of the Supervisory Board
Start date: 1997--

Frank Dreisoerner
Vice Chairman of the Supervisory Board

Heinz Leibundgut
Member of the Management Board
Start date: 2016-1-1

Beat Ludin
Member of the Management Board
Start date: 2016-1-1

Julian Utz
Member of the Management Board
Start date: 2018-1-1

Philipp Utz
Member of the Management Board
Start date: 2018-1-1

Paul-Hermann Bauder
Member of the Supervisory Board

Rainer Koegel
Member of the Supervisory Board
Start date: 2013-5-14

Date of incorporation
Country of incorporation DEU
Phone +49 731 40970
Fax +49 731 4097110
Investor relations contact

+49 731 4097416

Free float 957106
Security description Common Stock
Main venue XETRA
Ticker at main venue UZU
Location

Dieselstrasse 3
89079 ULM

Share price
/
 
Earnings per share
=
44.88
(
 
Share price
x
 
Shares
+
 
Net debt
) /
 
EBIT
=
INF
Price
x
 
Shares
/
 
Net Sales
=
0.28
(
 
Share price
x
 
Shares
+
 
Net debt
) /
 
Net sales
=
0.33
Price
x
 
Shares
/
 
Own capital
=
0.59
Earnings per share
x
 
Shares
/
 
Own capital
=
0.01%
Dividend per share
/
 
Price
=
-0.01%
2017 2016 2015 2014 2013
Income statement
Revenue 295.77 272.91 253.16 230.35 216.09
Other Revenue, Total
Total Revenue 295.77 272.91 253.16 230.35 216.09
Revenue Change 8.4% 7.8% 9.9% 6.6% 4.3%
Cost of Revenue, Total 205.70 188.70 175.71 162.41 153.06
Gross Profit 90.07 84.22 77.45 67.95 63.04
Selling/General/Admin. Expenses, Total 59.31 53.62 51.29 47.01 46.11
EBITDA 34.15 33.23 28.79 23.78 21.34
EBITDA margin (%) 11.5% 12.2% 11.4% 10.3% 9.9%
Research & Development
Depreciation/Amortization 8.04 7.89 7.64 7.28 6.98
Interest Exp.(Inc.),Net-Operating, Total
Unusual Expense (Income) -0.12 -0.07 -0.10 -0.04 -0.04
Other Operating Expenses, Total -3.27 -2.56 -2.52 -2.80 -4.37
Total Operating Expense 270.65 247.12 233.16 214.08 202.27
Operating Income 25.12 25.80 20.01 16.27 13.83
EBIT margin (%) 8.8% 9.3% 8.4% 7.2% 6.6%
Interest Inc.(Exp.),Net-Non-Op., Total
Gain (Loss) on Sale of Assets
Other, Net 0.00 0.00 0.00 0.00
Net Income Before Taxes 24.44 24.90 18.93 15.07 12.41
Provision for Income Taxes 7.58 8.12 5.22 4.17 2.31
Net Income After Taxes 16.86 16.78 13.71 10.90 10.10
Minority Interest -0.04 -0.04 -0.01 -0.02 -0.06
Equity In Affiliates
U.S. GAAP Adjustment
Net Income Before Extra. Items 16.82 16.74 13.70 10.88 10.04
Total Extraordinary Items
Net Income 16.82 16.74 13.70 10.88 10.04
Total Adjustments to Net Income 0.00 0.00
Income Available to Com Excl ExtraOrd 16.82 16.74 13.70 10.88 10.04
Income Available to Com Incl ExtraOrd 16.82 16.74 13.70 10.88 10.04
Dilution Adjustment
Diluted Net Income 16.82 16.74 13.70 10.88 10.04
Diluted Weighted Average Shares 5.04 5.04 5.04 5.04 5.04
Diluted EPS Excluding ExtraOrd Items 3.33 3.32 2.72 2.16 1.99
DPS - Common Stock Primary Issue 1.30 1.30 1.00 0.90 0.80
Diluted Normalized EPS 3.42 3.40 2.70 2.15 1.99
Balance sheet
Cash
Cash & Equivalents 25.33 25.47 20.30 14.62 10.20
Short Term Investments 0.16 0.13 0.13 0.09 1.25
Cash and Short Term Investments 25.50 25.59 20.43 14.71 11.45
Accounts Receivable - Trade, Net 25.11 25.33 23.37 23.33 23.57
Total Receivables, Net 28.22 28.55 26.50 25.53 25.89
Total Inventory 40.18 34.64 32.78 30.08 28.78
Prepaid Expenses
Other Current Assets, Total 2.43 2.02 1.85 1.80 2.17
Total Current Assets 96.32 90.81 81.56 72.12 68.29
Property/Plant/Equipment, Total - Gross 185.77 175.56 171.88 159.36 145.20
Accumulated Depreciation, Total -77.54 -73.64 -71.30 -68.12 -63.93
Property/Plant/Equipment, Total - Net 108.22 101.92 100.58 91.24 81.27
Goodwill, Net 26.08 26.32 26.30 25.97 25.92
Intangibles, Net 5.01 5.70 6.24 6.28 7.23
Long Term Investments 9.68 9.58 9.37 10.82 6.71
Note Receivable - Long Term 0.00 0.00 0.12 0.23 0.34
Other Long Term Assets, Total 2.81 2.29 2.37 2.35 1.78
Total Assets 248.13 236.61 226.54 209.01 191.52
Accounts Payable 11.25 10.58 8.05 8.03 9.09
Payable/Accrued
Accrued Expenses 4.45 3.55 3.95 3.57 2.32
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00 0.00
Current Port. of LT Debt/Capital Leases 13.11 8.12 16.40 20.92 21.30
Other Current liabilities, Total 18.73 17.37 14.33 12.07 10.07
Total Current Liabilities 47.54 39.62 42.73 44.59 42.78
Long Term Debt 38.81 41.87 42.40 34.91 26.92
Capital Lease Obligations
Total Long Term Debt 38.81 41.87 42.40 34.91 26.92
Total Debt 51.92 49.99 58.80 55.83 48.22
Deferred Income Tax 10.55 10.61 9.04 9.82 9.40
Minority Interest 0.14 0.11 0.05 0.01 -0.02
Other Liabilities, Total 5.76 6.23 5.92 4.60 3.73
Total Liabilities 102.80 98.43 100.15 93.93 82.82
Redeemable Preferred Stock, Total
Preferred Stock - Non Redeemable, Net
Common Stock, Total 15.13 15.13 15.13 15.13 15.13
Additional Paid-In Capital 26.96 26.96 26.96 26.83 26.83
Retained Earnings (Accumulated Deficit) 100.00 89.71 77.84 70.71 64.96
Treasury Stock - Common 0.00 -0.09 -0.09
ESOP Debt Guarantee
Unrealized Gain (Loss)
Other Equity, Total 3.24 6.38 6.46 2.50 1.88
Total Equity 145.33 138.18 126.39 115.08 108.70
Total Liabilities & Shareholders Equity 248.13 236.61 226.54 209.01 191.52
Total Common Shares Outstanding 5.04 5.04 5.04 5.04 5.04
Total Preferred Shares Outstanding
Tangible Book Value per Share, Common Eq 22.65 21.07 18.63 16.44 15.00
Cashflow
Net Income/Starting Line 16.86 16.78 13.71 10.90 10.08
Depreciation/Depletion 7.95 7.89 7.64 7.06 6.76
Amortization
Deferred Taxes
Non-Cash Items 3.57 0.80 1.11 1.22 -0.08
Changes in Working Capital -6.62 1.59 -2.71 1.83 -0.83
Cash from Operating Activities 21.76 27.05 19.75 21.00 15.94
Capital Expenditure -16.55 -7.87 -13.05 -17.41 -18.43
Other Investing Cash Flow Items, Total 0.30 -0.15 -0.65 -2.91 -0.13
Cash from Investing Activities -16.25 -8.02 -13.69 -20.32 -18.56
Financing Cash Flow Items -6.56 -5.05 -4.54 -4.03 -4.03
Total Cash Dividends Paid
Issuance (Retirement) of Stock, Net
Issuance (Retirement) of Debt, Net -1.46 -0.62 3.27 7.22 1.60
Cash from Financing Activities -8.02 -5.67 -1.26 3.19 -2.44
Foreign Exchange Effects -1.00 -0.07 1.51 -0.01 -0.06
Net Change in Cash -3.51 13.30 6.30 3.87 -5.11
Cash Interest Paid 1.01 1.10 1.39 1.48 1.68
Cash Taxes Paid 5.32 1.82 4.36 3.66 2.27
Values are in EUR and expressed in million