NEOPOST - 2018 Registration document
6
Financial statements
Consolidated financial statements
Note 7
Segment information
activities in digital communications, shipping solutions and graphics.
Neopost’s activity is divided into three divisions:
Enterprise Digital Solutions which offers digital • communications solutions; Neopost Shipping which develops a complete range of • products and solutions that optimize processes for supply-chain and e-commerce players; SME Solutions which encompasses the legacy business • of the Group related to mail solutions as well as the new
These activities generate different levels of sales and operating margin. Furthermore, in 2018, Neopost includes in the segment Innovation the new projects to develop mobile and cloud applications. In 2017, Neopost included in the segment innovation the costs of developing web-based platform and SaaS applications for small businesses.
Neopost’s income breaks down by division as follows:
Enterprise Digital Solutions
Neopost Shipping
SME Solutions Eliminations Innovation
31 January 2019
Total sales
146.9
65.6
904.7
(25.3)
-
1,091.9
Segment income
29.9
(20.9)
194.7
-
(4.4)
199.3
in percentage
20.3% (31.9)% 21.5%
-
n/a
18.2%
Expenses related to acquisitions
(17.2)
Current operating income
182.1
Structure optimization expenses
(13.1)
Proceeds from net assets sales
6.2
Other operational expenses and income
(17.7)
Operating income
157.5
Financial result
(30.5)
Share of results of associated companies
1.4
Income taxes
(36.8)
NET INCOME
91.6
Enterprise Digital Solutions
Neopost Shipping
SME Solutions Eliminations Innovation
31 January 2018
Total sales
135.9
57.2
941.6
(23.0)
-
1,111.7
Segment income
15.7
(12.5)
206.6
-
(7.5)
202.3
in percentage
11.6% (21.8)% 21.9%
-
n/a
18.2%
Expenses related to acquisitions
(11.3)
Current operating income
191.0
Structure optimization expenses
(13.2)
Proceeds from net assets sales
(0.1)
Other operational expenses and income
(11.3)
Operating income
166.4
Financial result
(34.6)
Share of results of associated companies
1.7
Income taxes
(0.8)
NET INCOME
132.7
141
REGISTRATION DOCUMENT 2018 / NEOPOST
Made with FlippingBook - professional solution for displaying marketing and sales documents online