Menora Mivtachim Holdings Ltd / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€3.87B +17.6%	€282.68M +109.9%	7.3% +0.032 pp	€511.87M -2,862.2%	13.2% +0.14 pp
2023	€3.29B +113.7%	€134.67M -3.6%	4.1% -0.050 pp	-€18.53M -82.4%	-0.6% +0.063 pp
2022	€1.54B -54.7%	€139.75M -18.6%	9.1% +0.040 pp	-€105.56M -127.2%	-6.9% -0.18 pp
2021	€3.40B +39.2%	€171.67M +1.2%	5.0% -0.019 pp	€388.25M -28.6%	11.4% -0.11 pp
2020	€2.44B -21.2%	€169.57M +93.6%	6.9% +0.041 pp	€543.52M +147.5%	22.2% +0.15 pp
2019	€3.10B +43.2%	€87.58M +1.9%	2.8% -0.011 pp	€219.62M -48.1%	7.1% -0.12 pp
2018	€2.17B -16.0%	€85.91M +17.4%	4.0% +0.011 pp	€423.54M +57.0%	19.6% +0.091 pp
2017	€2.58B +16.7%	€73.18M +541.4%	2.8% +0.023 pp	€269.85M -36.3%	10.5% -0.087 pp
2016	€2.21B +15.4%	€11.41M -79.7%	0.5% -0.024 pp	€423.54M +333.4%	19.2% +0.14 pp
2015	€1.91B -2.7%	€56.17M +1.4%	2.9% +0.0012 pp	€97.72M -62.5%	5.1% -0.081 pp
2014	€1.97B -2.7%	€55.39M -50.9%	2.8% -0.028 pp	€260.26M -13.1%	13.2% -0.016 pp
2013	€2.02B +12.7%	€112.82M +60.4%	5.6% +0.017 pp	€299.39M +11.2%	14.8% -0.0021 pp
2012	€1.79B +52.3%	€70.32M +610.2%	3.9% +0.031 pp	€269.31M +7.2%	15.0% -0.063 pp
2011	€1.18B -31.3%	€9.90M -86.6%	0.8% -0.035 pp	€251.19M +446.8%	21.3% +0.19 pp
2010	€1.71B -19.0%	€73.73M -30.1%	4.3% -0.0068 pp	€45.94M -468.7%	2.7% +0.033 pp
2009	€2.12B +238.2%	€105.46M -273.8%	5.0% +0.15 pp	-€12.46M -110.2%	-0.6% -0.20 pp
2008	€625.94M +420.1%	-€60.68M -164.6%	-9.7% -0.88 pp	€121.59M -10.3%	19.4% -0.93 pp
2007	€120.34M -10.3%	€93.87M +36.1%	78.0% +0.27 pp	€135.51M +35.9%	112.6% +0.38 pp
2006	€134.21M -4.8%	€68.96M +0.4%	51.4% +0.027 pp	€99.71M -7.2%	74.3% -0.020 pp
2005	€140.95M	€68.65M	48.7%	€107.47M	76.3%