Gabriel aims to achieve:
In years with acquisitions or major business start-ups, management accepts a temporary decrease in the achievement of its financial targets, provided that the company on average meets the targets over a five-year period.
Gabriel is growing with the largest market participants. Gabriel’s growth is based on a global strategy of close development partnerships and trading relations with approximately 70 selected major leading customers.
Gabriel strives to win the largest possible share of the selected strategic customers' purchase of furniture fabrics, other components and services in the value chain.
| Unit | 2024/25 | 2023/24 | 2022/23 | 2021/22* | 2020/21* | |
| Revenue | DKK million | 516.0 | 483.5 | 454.5 | 1065.0 | 809.7 |
| Growth** | % | 6.7 | 6.4 | -12.6 | 31.5 | 11.3 |
| of which exports | DKK million | 482.4 | 447.3 | 423.1 | 884.6 | 688.0 |
| Export percentage | % | 93 | 93 | 93 | 83 | 85 |
| Earnings before depreciation, amortisation and impairment losses (EBITDA) | DKK million | 83.7 | 56.8 | 46.9 | 96.0 | 96.5 |
| Operating profit (EBIT) | DKK million | 44.1 | 19.7 | 13.1 | 53.5 | 58.6 |
| Net finance income and costs | DKK million | -13.1 | -16.6 | -10.4 | 15.5 | -2.8 |
| Profit from continuing operations before tax | DKK million | 33.8 | 4.0 | 3.1 | 69.1 | 58.8 |
| Tax | DKK million | -9.0 | -5.5 | -4.6 | -22.4 | -12.6 |
| Profit/loss from continuing operations after tax | DKK million | 24.8 | -1.5 | -1.4 | 46.7 | 46.2 |
| Loss from discontinued operations after tax | DKK million | -17.3 | -14.2 | -42.7 | ||
| Profit/loss for the year | DKK million | 7.5 | -15.7 | -44.1 | 46.7 | 46.2 |
| Cash flows from: | ||||||
| Operating activities | DKK million | 119.7 | 37.3 | 26.5 | 9.1 | 39.4 |
| Investing activities | DKK million | -14.9 | -20.9 | -34.8 | -41.1 | -36.6 |
| Financing activities | DKK million | -78.8 | -15.9 | -27.6 | -45.2 | -32.0 |
| Cash flows for the year | DKK million | 26.1 | 0.5 | -52.2 | -77.2 | -29.2 |
| Investments in property, plant and equipment | DKK million | 8.9 | 13.9 | 23.7 | 32.2 | 27.8 |
| Depreciation, amortisation and impairment losses | DKK million | 39.6 | 37.1 | 33.8 | 42.6 | 37.9 |
| Equity** | DKK million | 263.7 | 261.6 | 275.7 | 347.1 | 322.1 |
| Statement of financial position total** | DKK million | 745.7 | 777.2 | 773.7 | 861.0 | 731.2 |
| Invested capital | DKK million | 350.5 | 362.6 | 538.3 | 569.2 | 474.7 |
| Working capital | DKK million | 141.7 | 156.9 | 258.1 | 299.6 | 223.8 |
| Average number of employees | number | 386 | 389 | 396 | 1,358 | 1,163 |
| Revenue per employee | DKK million | 1.3 | 1.2 | 1.1 | 0.8 | 0.7 |
|
Financial ratios |
||||||
| Gross margin | % | 55.0 | 51.7 | 51.4 | 32.5 | 36.4 |
| EBITDA margin | % | 16.2 | 11.7 | 10.3 | 9.0 | 11.9 |
| EBIT margin | % | 8.5 | 4.1 | 2.9 | 5.0 | 7.2 |
| Return on invested capital (ROIC) before tax | % | 9.5 | 0.9 | 0.6 | 15.3 | 13.3 |
| Return on invested capital (ROIC) after tax | % | 7.0 | -0.3 | -0.3 | 11.0 | 10.4 |
| Earnings/loss per share (EPS) | DKK | 4.0 | -8.3 | -23.4 | 24.7 | 24.4 |
| Earnings/loss per share from continuing operations | DKK | 13.1 | -0.8 | -0.7 | ||
| Return on equity | % | 9.4 | -0.5 | -0.5 | 17.1 | 15.3 |
| Equity ratio | % | 35.4 | 33.7 | 35.6 | 40.3 | 44.1 |
| Equity ratio, continuing operations | % | 39.1 | 36.7 | |||
| Book value per share at year end | DKK | 140 | 138 | 146 | 184 | 170 |
| Market price at year end | DKK | 240 | 270 | 306 | 515 | 630 |
| Price/book value | DKK | 1.7 | 2.0 | 2.1 | 2.8 | 3.7 |
| Price earnings (PE) | DKK | 60.7 | -32.5 | -13.1 | 20.8 | 25.8 |
| Price cash flow (PCF) | DKK | 3.8 | 13.7 | 21.8 | 107.1 | 30.3 |
| Proposed dividends per DKK 20 share | DKK | 5.00 | 0.00 | 0.00 | 10.75 | 9.75 |
| Dividend yield | % | 2.1 | 0.0 | 0.0 | 2.1 | 1.5 |
| Payout ratio | % | 127 | 0 | 0 | 35 | 40 |
| * No adjustment regarding discontinued operations was made to the financial highlights for the years 2020/21 - 2021/22. | ||||||
| ** No adjustment regarding discontinued operations was made to the financial highlights for the years 2020/21 - 2022/23. |
Innovation and value-adding partnerships are fundamental values of Gabriel’s mission statement.
Gabriel is a niche company which, in the entire value chain from concept to furniture user, develops, manufactures and sells upholstery fabrics, components, upholstered surfaces and related products and services. Gabriel develops its services to be used in fields of application where product features, design and logistics have to meet invariable requirements, and where quality and environmental management must be documented.
Gabriel is to be the preferred development partner and supplier to selected leading international manufacturers and major users of upholstered furniture, seats and upholstered surfaces.
Gabriel will achieve Blue Ocean status through an innovative business concept, patents, licences, exclusivity agreements or similar rights.
Gabriel will have the status of an attractive workplace and partner company for competent employees and companies.
