The Monarch Cement Company / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€228.64M +2.0%	€56.34M -10.4%	24.6% -0.034 pp	€100.81M +9.5%	44.1% +0.030 pp
2023	€224.12M +13.0%	€62.86M +80.3%	28.0% +0.10 pp	€92.04M +30.0%	41.1% +0.054 pp
2022	€198.39M +9.8%	€34.87M -31.5%	17.6% -0.11 pp	€70.79M +7.0%	35.7% -0.0092 pp
2021	€180.70M +12.2%	€50.92M +76.2%	28.2% +0.10 pp	€66.13M +8.3%	36.6% -0.013 pp
2020	€161.06M +9.7%	€28.89M +2.3%	17.9% -0.013 pp	€61.08M +37.9%	37.9% +0.078 pp
2019	€146.79M -1.0%	€28.24M +106.5%	19.2% +0.10 pp	€44.29M +17.1%	30.2% +0.047 pp
2018	€148.32M +3.5%	€13.68M -26.1%	9.2% -0.037 pp	€37.81M -14.8%	25.5% -0.055 pp
2017	€143.36M +1.7%	€18.51M +2.6%	12.9% +0.0011 pp	€44.36M +27.5%	30.9% +0.063 pp
2016	€140.93M +11.7%	€18.05M +15.9%	12.8% +0.0047 pp	€34.79M +25.4%	24.7% +0.027 pp
2015	€126.15M +0.7%	€15.57M +61.3%	12.3% +0.046 pp	€27.73M -4.6%	22.0% -0.012 pp
2014	€125.30M +15.3%	€9.65M +41.5%	7.7% +0.014 pp	€29.06M +22.6%	23.2% +0.014 pp
2013	€108.70M -16.0%	€6.82M +153.3%	6.3% +0.042 pp	€23.70M +50.3%	21.8% +0.096 pp
2012	€129.46M +24.3%	€2.69M +103.3%	2.1% +0.0081 pp	€15.77M +24.1%	12.2% -0.00019 pp
2011	€104.12M +0.7%	€1.32M +593.2%	1.3% +0.011 pp	€12.70M -26.0%	12.2% -0.044 pp
2010	€103.36M -8.3%	€190.99K -95.3%	0.2% -0.034 pp	€17.15M -29.6%	16.6% -0.050 pp
2009	€112.76M -14.1%	€4.04M -53.7%	3.6% -0.031 pp	€24.37M -11.2%	21.6% +0.0070 pp
2008	€131.26M +4.8%	€8.73M -32.8%	6.6% -0.037 pp	€27.46M +0.6%	20.9% -0.0087 pp
2007	€125.19M -4.8%	€12.99M +15.3%	10.4% +0.018 pp	€27.28M -21.3%	21.8% -0.046 pp
2006	€131.54M +9.1%	€11.27M +36.8%	8.6% +0.017 pp	€34.67M +15.6%	26.4% +0.015 pp
2005	€120.54M -2.6%	€8.24M +275.9%	6.8% +0.051 pp	€29.99M +62.2%	24.9% +0.099 pp
2004	€123.74M +18.9%	€2.19M -32.8%	1.8% -0.014 pp	€18.49M -5.5%	14.9% -0.039 pp
2003	€104.08M -9.3%	€3.26M -35.3%	3.1% -0.013 pp	€19.57M -17.0%	18.8% -0.017 pp
2002	€114.76M +6.5%	€5.04M -27.6%	4.4% -0.021 pp	€23.58M -53.8%	20.5% -0.27 pp
2001	€107.77M +7.9%	€6.95M -22.4%	6.5% -0.025 pp	€51.01M +100.6%	47.3% +0.22 pp
2000	€99.84M +6.9%	€8.96M +8.2%	9.0% +0.0011 pp	€25.43M +30.8%	25.5% +0.047 pp
1999	€93.40M +10.1%	€8.27M +0.5%	8.9% -0.0084 pp	€19.45M +1.4%	20.8% -0.018 pp
1998	€84.86M +8.4%	€8.23M -4.5%	9.7% -0.013 pp	€19.17M +6.4%	22.6% -0.0042 pp
1997	€78.32M +5.9%	€8.62M -4.2%	11.0% -0.012 pp	€18.02M +2.4%	23.0% -0.0078 pp
1996	€73.98M +6.2%	€8.99M +37.4%	12.2% +0.028 pp	€17.60M +27.2%	23.8% +0.039 pp
1995	€69.66M	€6.55M	9.4%	€13.83M	19.9%