| 2005 | 2006 | 2007 | ||
| LIQUIDITY RATIOS | ||||
| Current Ratio | Times | 1,09 | 1,46 | 1,76 |
| Quick Ratio | Times | 0,85 | 1,13 | 1,44 |
| ACTIVITY RATIOS | ||||
| Inventory Turnover | Days | 68 | 59 | 49 |
| Average Collection Period | Days | 172 | 134 | 150 |
| Accounts Payable Turnover | Days | 102 | 101 | 111 |
| Difference | Days | -69 | -34 | -39 |
| VIABILITY RATIOS | ||||
| times Interest Earned | Times | 2,77 | 2,44 | 2,58 |
| Debt/Equity | Times | 3,34 | 3,12 | 1,57 |
| Long term Bank Debt | % | 0,00% | 21,37% | 0,17 |
| Short term Bank Debt | % | 45,53% | 20,32% | 0,09 |
| Asset turnover | Times | 1,19 | 1,30 | 1,24 |
| EFFICIENCT RATIOS | ||||
| Gross Margin | % | 17,39% | 16,45% | 17,79% |
| EBITDA margin | % | 6,29% | 6,51% | 7,68% |
| Net Profit Margin (after tax) | % | 1,52% | 1,82% | 2,31% |
| R.O.E. | % | 7,90% | 9,71% | 7,32% |
| R.O.A. | % | 1,82% | 2,35% | 2,85% |
| INVESTMENT RATIOS | ||||
| EPS (pretax) | euro | 0,11 | 0,13 | 0,14 |
| EPS (after tax) | euro | 0,06 | 0,08 | 0,09 |
| Par value per share | euro | 0,3 | 0,3/td> | 0,3 |
| Book value per share | euro | 0,70 | 0,84 | 1,24 |
| PRICE/BV | Times | 0,87 | 0,95 | 0,76 |
| P/E (after tax and minorities) | Times | 11,06 | 9,73 | 10,45 |
| Weighted average number of shares (in ,000) | 18.666.986 | 18.666.986 | 21.281.309 | |
| Average Share Price | 0,61 | 0,79 | 0,95 | |