Vulcan International Corporation / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2004	€8.60M -5.4%	€2.57M +22.1%	29.9% +0.067 pp	€1.69M -164.2%	19.6% +0.49 pp
2003	€9.09M +14.5%	€2.11M +10.0%	23.2% -0.0094 pp	-€2.63M -402.6%	-28.9% -0.40 pp
2002	€7.94M +11.2%	€1.92M -22.4%	24.1% -0.10 pp	€868.84K -40.6%	10.9% -0.095 pp
2001	€7.14M -7.6%	€2.47M +64.4%	34.6% +0.15 pp	€1.46M +374.8%	20.5% +0.16 pp
2000	€7.73M +0.6%	€1.50M -470.7%	19.4% +0.25 pp	€308.10K -359.0%	4.0% +0.055 pp
1999	€7.69M +2.4%	-€405.35K -131.7%	-5.3% -0.22 pp	-€118.95K -110.0%	-1.5% -0.17 pp
1998	€7.51M -8.3%	€1.28M -16.7%	17.0% -0.017 pp	€1.19M -30.0%	15.9% -0.049 pp
1997	€8.19M -38.1%	€1.54M -10.0%	18.8% +0.058 pp	€1.71M -31.0%	20.8% +0.021 pp
1996	€13.22M -14.4%	€1.71M -2,100.0%	12.9% +0.13 pp	€2.47M -1,066.7%	18.7% +0.20 pp
1995	€15.44M +0.0%	-€85.30K -110.0%	-0.6% -0.061 pp	-€255.89K -200.0%	-1.7% -0.033 pp
1994	€15.44M -10.4%	€852.95K -64.3%	5.5% -0.083 pp	€255.89K -84.2%	1.7% -0.077 pp
1993	€17.23M -5.6%	€2.39M +55.6%	13.9% +0.055 pp	€1.62M +5.6%	9.4% +0.0099 pp
1992	€18.25M -5.7%	€1.54M -35.7%	8.4% -0.039 pp	€1.54M -37.9%	8.4% -0.044 pp
1991	€19.36M +8.1%	€2.39M +86.7%	12.3% +0.052 pp	€2.47M +∞%	12.8% +0.13 pp
1990	€17.91M -11.8%	€1.28M -37.5%	7.1% -0.029 pp	€0.00 +NaN%	0.0% +0.0 pp
1989	€20.30M -1.2%	€2.05M +380.0%	10.1% +0.080 pp	€0.00 +NaN%	0.0% +0.0 pp
1988	€20.56M +18.7%	€426.48K -72.2%	2.1% -0.068 pp	€0.00 +NaN%	0.0% +0.0 pp
1986	€17.31M -7.7%	€1.54M -28.0%	8.9% -0.025 pp	€0.00 +NaN%	0.0% +0.0 pp
1985	€18.76M	€2.13M	11.4%	€0.00	0.0%