{"id":5,"date":"2018-11-19T13:57:43","date_gmt":"2018-11-19T13:57:43","guid":{"rendered":"http:\/\/ar2013.www.ttigroup.com\/?page_id=5"},"modified":"2019-01-16T01:43:39","modified_gmt":"2019-01-16T01:43:39","slug":"financial-highlights","status":"publish","type":"page","link":"https:\/\/ar2013.www.ttigroup.com\/financial-highlights\/","title":{"rendered":"Financial Highlights"},"content":{"rendered":"<div id=\"FHContentDiv\" class=\"innerPageCenterDiv\">\n<div class=\"oneColumnPageHeaderContainer\">\n<div class=\"headlineTitle\">Financial Highlights<\/div>\n<\/div>\n<div class=\"FH_highlight\">\n<ul class=\"section_highlight_list\">\n<li>Record Sales<\/li>\n<li>Record Profits<\/li>\n<li>Record Free Cash Flow<\/li>\n<\/ul>\n<ul class=\"section_list\">\n<li>Sales grew 11.6% to a record USD4.3 billion<\/li>\n<li>Gross profit expanded 14.2% with a record margin of 34.2%<\/li>\n<li>Net profit increased to USD250 million, growing 24.5%<\/li>\n<li>Another strong year delivering free cash flow of USD332 million<\/li>\n<li>Working capital improved to 13.9% of sales<\/li>\n<li>Gearing improved and was lowered from 25.8% to 10.6%<\/li>\n<\/ul>\n<\/div>\n<table class=\"normalWithAlt financialTable highlightTable\" style=\"background: none; margin-bottom: 77px;\" width=\"100%\" cellspacing=\"5\" cellpadding=\"0\">\n<tbody>\n<tr class=\"heading-row\">\n<td class=\"\" width=\"321\"><\/td>\n<td class=\"bold\" align=\"right\" width=\"72\">2013<br \/>\nUSDm<\/td>\n<td class=\"\" align=\"right\" width=\"72\">2012<br \/>\nUSDm<\/td>\n<td class=\"bold\" align=\"right\" width=\"72\">Changes<\/td>\n<\/tr>\n<tr class=\"thin-border-bottom\">\n<td class=\"\">Turnover<\/td>\n<td class=\"highlight_current financial_table_highlight bold\" align=\"right\">4,300<\/td>\n<td class=\"\" align=\"right\">3,852<\/td>\n<td class=\"bold\" align=\"right\">+11.6%<\/td>\n<\/tr>\n<tr class=\"thin-border-bottom\">\n<td class=\"\">Gross profit margin<\/td>\n<td class=\"highlight_current financial_table_highlight bold\" align=\"right\">34.2%<\/td>\n<td class=\"\" align=\"right\">33.5%<\/td>\n<td class=\"bold\" align=\"right\">+70 bpt<\/td>\n<\/tr>\n<tr class=\"thin-border-bottom\">\n<td class=\"\">EBIT<\/td>\n<td class=\"highlight_current financial_table_highlight bold\" align=\"right\">304<\/td>\n<td class=\"\" align=\"right\">260<\/td>\n<td class=\"bold\" align=\"right\">+16.9%<\/td>\n<\/tr>\n<tr class=\"thin-border-bottom\">\n<td class=\"\">Profit attributable to Owners of the Company<\/td>\n<td class=\"highlight_current financial_table_highlight bold\" align=\"right\">250<\/td>\n<td class=\"\" align=\"right\">201<\/td>\n<td class=\"bold\" align=\"right\">+24.5%<\/td>\n<\/tr>\n<tr class=\"thin-border-bottom\">\n<td class=\"\">Basic earnings per share (US cents)<\/td>\n<td class=\"highlight_current financial_table_highlight bold\" align=\"right\">13.68<\/td>\n<td class=\"\" align=\"right\">11.42<\/td>\n<td class=\"bold\" align=\"right\">+19.8%<\/td>\n<\/tr>\n<tr class=\"thin-border-bottom\">\n<td class=\"\">Dividend per share (approx. US cents)<\/td>\n<td class=\"highlight_current financial_table_highlight bold\" align=\"right\">3.06<\/td>\n<td class=\"\" align=\"right\">2.25<\/td>\n<td class=\"bold\" align=\"right\">+35.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div id=\"FHContentDiv\" class=\"homeSectionContentDiv clearfix\" style=\"padding: 0;\">\n<div class=\"graphRowDiv clearfix\">\n<div class=\"graphContainer\">\n<div class=\"graphTitleDiv\" style=\"height: 3em;\"><span class=\"graphTitle\">Turnover<\/span> <span class=\"graphUnit\">USDm<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_FH_01_Turnover.jpg\" alt=\"Turnover\" width=\"228\" height=\"375\" \/><\/p>\n<\/div>\n<div class=\"graphContainer\">\n<div class=\"graphTitleDiv\" style=\"height: 3em;\"><span class=\"graphTitle\">Gross Profit Margin <\/span> <span class=\"graphUnit\">%<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_FH_02_GrossPM.jpg\" alt=\"Gross Profit Margin\" width=\"228\" height=\"375\" \/><\/p>\n<\/div>\n<div class=\"graphContainer\">\n<div class=\"graphTitleDiv\" style=\"height: 3em;\"><span class=\"graphTitle\">EBIT<\/span> <span class=\"graphUnit\">USDm<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_FH_03_EBIT.jpg\" alt=\"EBIT\" width=\"228\" height=\"375\" \/><\/p>\n<\/div>\n<div class=\"graphContainer noMarginRight\">\n<div class=\"graphTitleDiv\" style=\"height: 3em;\"><span class=\"graphTitle\">Basic Earnings per Share <\/span> <span class=\"graphUnit\">US cents<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_FH_04_BasicEPS.jpg\" alt=\"Basic Earnings per Share\" width=\"228\" height=\"375\" \/><\/p>\n<\/div>\n<\/div>\n<div class=\"graphRowDiv clearfix\">\n<div class=\"graphContainer graphContainer2Col\">\n<div class=\"graphTitleDiv textAlignLeft\"><span class=\"graphTitle\">Sales by Business<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_Sales_Business_01.jpg\" alt=\"Sales by Business\" width=\"460\" height=\"170\" \/><\/p>\n<\/div>\n<div class=\"graphContainer graphContainer2Col noMarginRight\">\n<div class=\"graphTitleDiv textAlignLeft\"><span class=\"graphTitle\">Sales by Location<\/span><\/div>\n<div class=\"clearfix\"><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_Sales_Location_02.jpg\" alt=\"Sales by Location\" width=\"460\" height=\"170\" \/><\/div>\n<\/div>\n<\/div>\n<div class=\"graphTitleDiv\" style=\"margin-bottom: 1.5em;\"><span class=\"graphTitle\">Turnover from Customers<\/span><\/div>\n<div class=\"graphRowDiv clearfix\">\n<div class=\"graphContainer graphContainer3Col\">\n<div class=\"graphTitleDiv\"><span class=\"graphTitle2\">North America<\/span> <span class=\"graphUnit\">USDm<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_Turnover_01_NorthAmerica.jpg\" alt=\"Turnover from American Customers\" width=\"295\" height=\"375\" \/><\/p>\n<\/div>\n<div class=\"graphContainer graphContainer3Col\">\n<div class=\"graphTitleDiv\"><span class=\"graphTitle2\">Europe<\/span> <span class=\"graphUnit\">USDm<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_Turnover_02_Europe.jpg\" alt=\"Turnover from American European Customers\" width=\"295\" height=\"375\" \/><\/p>\n<\/div>\n<div class=\"graphContainer graphContainer3Col noMarginRight\">\n<div class=\"graphTitleDiv\"><span class=\"graphTitle2\">Rest of the World<\/span> <span class=\"graphUnit\">USDm<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_Turnover_03_RestWorld.jpg\" alt=\"Turnover from rest of the world Customers\" width=\"295\" height=\"375\" \/><\/p>\n<\/div>\n<\/div>\n<div class=\"graphRowDiv clearfix\">\n<div class=\"graphContainer graphContainer2Col\">\n<div class=\"graphTitleDiv graphTitleDivWithArrow graphTitleDivWithBigArrow\"><span class=\"graphTitle\">Profit<\/span> <span class=\"graphUnit\">USDm<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_features_01_Profit.jpg\" alt=\"Profit\" width=\"460\" height=\"250\" \/><\/p>\n<\/div>\n<div class=\"graphContainer graphContainer2Col noMarginRight\">\n<div class=\"graphTitleDiv graphTitleDivWithArrow graphTitleDivWithBigArrow\"><span class=\"graphTitle\">Free Cash Flow<\/span> <span class=\"graphUnit\">USDm<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_features_02_FreeCash.jpg\" alt=\"Free Cash Flow\" width=\"460\" height=\"250\" \/><\/p>\n<\/div>\n<\/div>\n<div class=\"graphRowDiv clearfix\">\n<div class=\"graphContainer graphContainer2Col\">\n<div class=\"graphTitleDiv graphTitleDivWithArrow graphTitleDivWithBigArrow\"><span class=\"graphTitle\">Working Capital as % of sales<\/span> <span class=\"graphUnit\">%<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_features_03_WorkingCapital.jpg\" alt=\"Working Capital as % of sales\" width=\"460\" height=\"250\" \/><\/p>\n<\/div>\n<div class=\"graphContainer graphContainer2Col noMarginRight\">\n<div class=\"graphTitleDiv graphTitleDivWithArrow graphTitleDivWithBigArrow\"><span class=\"graphTitle\">Gearing Ratio<\/span> <span class=\"graphUnit\">%<\/span><\/div>\n<p><img loading=\"lazy\" src=\"http:\/\/ar2013.www.ttigroup.com\/wp-content\/uploads\/sites\/4\/2013\/financial-highlights\/TTI_FH_features_04_GearingRatio.jpg\" alt=\"Gearing Ratio\" width=\"460\" height=\"250\" \/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial Highlights Record Sales Record Profits Record Free Cash Flow Sales grew 11.6% to a record USD4.3 billion Gross profit expanded 14.2% with a record margin of 34.2% Net profit increased to USD250 million, growing 24.5% Another strong year delivering &hellip; <a href=\"https:\/\/ar2013.www.ttigroup.com\/financial-highlights\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"_tmp_report.php","meta":[],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/ar2013.www.ttigroup.com\/wp-json\/wp\/v2\/pages\/5"}],"collection":[{"href":"https:\/\/ar2013.www.ttigroup.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ar2013.www.ttigroup.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ar2013.www.ttigroup.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ar2013.www.ttigroup.com\/wp-json\/wp\/v2\/comments?post=5"}],"version-history":[{"count":5,"href":"https:\/\/ar2013.www.ttigroup.com\/wp-json\/wp\/v2\/pages\/5\/revisions"}],"predecessor-version":[{"id":222,"href":"https:\/\/ar2013.www.ttigroup.com\/wp-json\/wp\/v2\/pages\/5\/revisions\/222"}],"wp:attachment":[{"href":"https:\/\/ar2013.www.ttigroup.com\/wp-json\/wp\/v2\/media?parent=5"}],"wp:term":[{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/ar2013.www.ttigroup.com\/wp-json\/wp\/v2\/yst_prominent_words?post=5"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}