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Financials Year 2003 

The markets for semi-finished plastic materials were much influenced by tough economic circumstances in 2003. In a declining market Vink managed to maintain same turnover as in 2002, but a heavy pressure on price resulted in a 2% drop in margin. As a consequence of this EBITDA dropped to 8.1 mio. €.

Cost measurements have been carried out and a new organisation structure has been implemented. This combined with new sales and marketing activities should result in increased turnover and profit in 2004.

 

Main figures 2003 - Vink Group

Mio./€

2003

2002

Net turnover

247.5

246.7

Margin

73.9

77.8

Margin in %

30%

32%

EBITA

8.1

12.4

Operating Result

4.7

9.0

ROS

2%

4%

Invested capital

44.3

51.7

Working capital

29.5

34.0

ROI

11%

17%

Net investments

1.9

3.1

Depreciations

3.4

3.4

Employees

925

956

 
Annual Report 2003

Click here to view the Annual Report 2003 for the Vink Group. The report will by shown in Adobe Acrobat Reader. This software is free of charge and can be downloaded from the supplier. Click here to download Acrobat Reader.
 
Vink Holding B.V. · Oude Utrechtseweg 26-28 · NL-3743 KN Baarn · Phone +31 35 53 99 888 · Fax +31 35 53 99 870 · info@vink.com
VINK is a KENDRION Company