By Helgi Library - April 2, 2020
Penam's total assets reached CZK 3,051 mil at the end of 2017, down 4.34% compared to the previous year. Current a...
| Profit Statement |
| Balance Sheet |
| Ratios |
| Cash Flow |
Get all company financials in excel:
Get all company financials in excel:
PENAM, a.s. is the second largest bakery company in the Czech Republic. The Company operates 13 bakery plants, 4 mills in Bohemia and Moravia and runs 39 stores in Moravia under the name "Bakery U Golema''. The Company was established in 1999 under the name Tero Rosice by merging twelve mills and bakery companies. In 2004,the Company has been bought by Agrofert Holding and a year after it changed the legal status into a public limited company. After a few more acquisitions (such as Nobr, or Pekast), Penam has become the second largest bakery company on the Czech market with a 17% share, just behind United Bakeries (20%)
Penam has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 0% during that time to total of in 2017, or of sales. That’s compared to % average margin seen in last five years.
The company netted in 2017 implying ROE of and ROCE of . Again, the average figures were % and %, respectively when looking at the previous 5 years.
Penam’s net debt amounted to at the end of 2017, or of equity. When compared to EBITDA, net debt was x, up when compared to average of x seen in the last 5 years.
Helgi Library 
