Friday, August 28, 2015

The 12 Largest Irish HQ'd Companies Reporting in Euros 2014 Total Audited Earnings Down 39% From 2007 ..... Allied Irish Banks Five-Year 2009-13 Total Audited Losses EUR 21.750 Bil

From a review of financial statements in company investor relations websites, I found 12 Companies headquartered in Ireland which reported their financial statements in Euros and with Stock Market Capitalizations of more than US$1 bil or the equivalent for non-publicly-traded companies.
 
I excluded all Ireland Utility Companies.

Below here are the reported Audited GAAP Earnings (Losses) From Continuing Operations for each of  these 12 Ireland HQ'd Companies reporting in Euros for all years reported from 2007 through 2014:


2014 2013 2012 2011 2010 2009 2008 2007

Most Audited Audited Audited Audited Audited Audited Audited Audited

Recent Net Net Net Net Net Net Net Net
Irish Companies 2014 Income Income Income Income Income Income Income Income
Reporting in Euros FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

mil euros mil euros mil euros mil euros mil euros mil euros mil euros mil euros
Financials








Allied Irish Banks plc Dec14             881         (1,597)         (3,557)         (3,946)       (10,361)         (2,289)             890          2,069
Bank of Ireland Group Dec14             786            (486)         (1,831)               26            (625)               18          1,701          1,652
Permanent TSB Holding plc Dec14            (102)            (261)            (999)            (424)            (141)            (313)               53             452










Total all 3 Financials
         1,565         (2,344)         (6,387)         (4,344)       (11,127)         (2,584)          2,644          4,173










Earnings % Declines:








….. 2014 Below 2008
-41%






….. 2014 Below 2007
-62%
















Allied Irish Banks Total Losses
   






….. 5 Years 2009-2013
      (21,750)
















Non-Financials








RyanAir Holdings plc Dec14             867             523             569             560             375             305            (169) 391
CRH plc Dec14             584            (295)             540             597             439             598          1,262          1,438
Kerry Group plc Dec14             480               84             261             361             324             201             177             246
Smurfit Kappa Group plc Dec14             252             196             260             218               58            (107)              (32)             166
Glanbia plc Dec14             147             151             125               84             109             113               79               60
Paddy Power plc Dec14             145             123             121             123               97               58               69               63
UDG Healthcare plc  Sep14             110               28               48               36               45               33               50               47
Kingspan Group plc Dec14             107               89               75               63               49               48               44             187
Aer Lingus Group Dec14              (96)               34               34               71               49            (130)            (108)             105










Total all 9 Non-Financials
         2,596             933          2,033          2,113          1,545          1,119          1,372          2,703










Grand Total all 12
         4,161         (1,411)         (4,354)         (2,231)         (9,582)         (1,465)          4,016          6,876










Earnings % Decline:








….. 2014 Below 2007
-39%