Financial Key Figures
x 1 million euro |
2015/16 |
2016/17 |
2017/18 |
Results |
|||
Net turnover | 289.5 | 316.4 | 300.3 |
Gross margin | 48.1 | 59.0 | 55.3 |
Result after tax | 7.0 | 8.5 | 4.7 |
Depreciation tangible fixed assets | 2.9 | 3.1 | 3.2 |
Investments in tangible fixed assets | 3.1 | 8.0 | 2.9 |
|
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Group equity | 46.3 | 49.3 | 50.3 |
Cash flow from operating activities | 3.0 | 21.6 | 9.1 |
Cash and cash equivalents | 19.7 | 28.5 | 25.2 |
Growers depositis | 20.7 | 21.0 | 0 |
Total assets | 108.6 | 119.8 | 125.1 |
Group equity as % of total assets |
42.6% |
41.1% |
40.2% |
For more details and background, please read our full Anual Report 2017-2018
Risk Management
Doing business inherently involves taking risks. By taking balanced risks we strive to continuously build on being a financially sound and sustainable company. Risk management is therefore an important element of our corporate governance and strategy development.
HZPC's business is focused on developing potato varieties, selling potatoes, and developing potato concepts and potato knowledge. We always seek to take initiatives that will increase awareness of business risks and internal control. At the same time, we have to be willing to take risks while focusing on providing transparency in our operations.
EXTERNAL RISKS | INTERNAL RISKS | |
---|---|---|
STRATEGIC | Seed potato diseases | IT-systems |
International activities | International seasonal supply and deliveries | |
OPERATIONAL | Attracting talent | |
FINANCIAL | Fluctuations in exchange rates | |
International commercial operations | ||
COMPLIANCE | Complying with laws and regulations |