Carel Industries SpA
MIL:CRL

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Carel Industries SpA
MIL:CRL
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Price: 18.46 EUR 1.54% Market Closed
Market Cap: 2.1B EUR
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Income Statement

Earnings Waterfall
Carel Industries SpA

Revenue
585.9m EUR
Cost of Revenue
-325.7m EUR
Gross Profit
260.2m EUR
Operating Expenses
-193.2m EUR
Operating Income
67m EUR
Other Expenses
-15.4m EUR
Net Income
51.6m EUR

Income Statement
Carel Industries SpA

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Income Statement
Currency: EUR
Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
208
N/A
280
+34%
363
+30%
458
+26%
469
+2%
327
-30%
487
+49%
481
-1%
487
+1%
332
-32%
516
+56%
558
+8%
579
+4%
420
-27%
657
+56%
716
+9%
748
+4%
545
-27%
846
+55%
754
-11%
781
+4%
650
-17%
636
-2%
611
-4%
586
-4%
Gross Profit
Cost of Revenue
(113)
(153)
(198)
(247)
(254)
(175)
(264)
(262)
(262)
(140)
(272)
(295)
(311)
(192)
(370)
(382)
(384)
(252)
(408)
(381)
(410)
(287)
(355)
(342)
(326)
Gross Profit
95
N/A
127
+34%
165
+30%
211
+28%
215
+2%
153
-29%
223
+46%
219
-2%
225
+3%
191
-15%
244
+28%
263
+8%
267
+2%
228
-15%
288
+26%
334
+16%
364
+9%
293
-19%
438
+49%
372
-15%
371
0%
363
-2%
280
-23%
270
-4%
260
-4%
Operating Income
Operating Expenses
(63)
(89)
(114)
(144)
(148)
(107)
(156)
(156)
(160)
(145)
(167)
(173)
(174)
(164)
(185)
(221)
(243)
(206)
(300)
(248)
(241)
(259)
(185)
(189)
(193)
Selling, General & Administrative
(57)
(81)
(101)
(125)
(128)
(91)
(133)
(133)
(137)
(128)
(143)
(149)
(149)
(148)
(157)
(191)
(213)
(186)
(268)
(219)
(209)
(230)
(155)
(158)
(162)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
1
0
0
0
2
3
4
6
Depreciation & Amortization
(6)
(9)
(13)
(19)
(21)
(17)
(26)
(27)
(27)
(18)
(28)
(28)
(29)
(21)
(32)
(33)
(34)
(24)
(38)
(34)
(36)
(33)
(35)
(37)
(38)
Other Operating Expenses
(0)
1
0
(0)
1
0
2
4
3
2
3
3
3
3
4
3
3
4
5
5
5
2
2
1
1
Operating Income
32
N/A
38
+20%
50
+31%
67
+34%
67
0%
46
-32%
68
+49%
63
-7%
65
+3%
47
-28%
77
+65%
90
+16%
93
+4%
64
-31%
103
+60%
113
+10%
121
+7%
87
-28%
137
+57%
124
-10%
130
+5%
104
-20%
96
-8%
81
-15%
67
-18%
Pre-Tax Income
Interest Income Expense
(0)
(1)
(1)
(1)
(2)
(1)
(2)
(1)
(1)
(2)
(3)
(3)
(4)
(3)
(4)
(2)
(3)
(3)
(5)
(9)
(12)
(10)
(6)
(6)
(2)
Non-Reccuring Items
0
(0)
0
0
0
1
0
1
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
(0)
0
0
(0)
(0)
(0)
0
(0)
(0)
(0)
0
(0)
0
(0)
(0)
(1)
0
(0)
0
0
0
(1)
0
0
(0)
Pre-Tax Income
32
N/A
37
+18%
50
+33%
65
+32%
65
-1%
45
-31%
66
+47%
63
-5%
64
+2%
45
-30%
74
+66%
86
+17%
89
+3%
61
-32%
98
+60%
110
+12%
117
+7%
83
-29%
131
+58%
116
-12%
119
+3%
93
-22%
90
-4%
75
-16%
65
-14%
Net Income
Tax Provision
(7)
(7)
(9)
(13)
(13)
(10)
(14)
(13)
(14)
(9)
(16)
(17)
(18)
(12)
(20)
(23)
(24)
(19)
(29)
(26)
(28)
(19)
(18)
(15)
(12)
Income from Continuing Operations
25
31
41
52
52
35
52
49
50
35
58
69
71
49
78
87
93
65
103
90
91
74
72
60
53
Income to Minority Interest
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(1)
(1)
(2)
(3)
(4)
(4)
(4)
(4)
(3)
(2)
(1)
Net Income (Common)
25
N/A
31
+24%
41
+32%
52
+29%
52
+0%
35
-33%
52
+48%
49
-5%
50
+1%
35
-30%
58
+66%
69
+18%
71
+3%
49
-31%
77
+58%
85
+10%
91
+7%
62
-32%
98
+59%
85
-13%
86
+1%
71
-18%
69
-3%
58
-15%
52
-12%
EPS (Diluted)
0.25
N/A
0.31
+24%
0.41
+32%
0.52
+27%
0.52
N/A
0.35
-33%
0.54
+54%
0.49
-9%
0.5
+2%
0.34
-32%
0.59
+74%
0.7
+19%
0.72
+3%
0.48
-33%
0.77
+60%
0.85
+10%
0.91
+7%
0.61
-33%
0.99
+62%
0.81
-18%
0.85
+5%
0.7
-18%
0.62
-11%
0.52
-16%
0.43
-17%

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