Business indicators

Business indicators

This section includes indicators and GRI Standard disclosures.

ST key figures I 102-7 I 201-1 I

2015

2016

2017

2018

2019

Net revenues (US$m)

6,897

6,973

8,347

9,664

9,556

Gross profit (US$m)

2,332

2,459

3,272

3,861

3,696

Gross profit as a percentage of sales (%)

33.8%

35.3%

39.2%

40.0%

38.7%

Net earnings (US$m)

104

165

802

1,287

1,032

Diluted earnings per share (US$)

0.12

0.19

0.89

1.41

1.14

Market share versus TAM (%) (Total Available Market)

2.06%

2.06%

2.02%

2.06%

2.32%

Net revenues by location of order shipment(1) (%) I 102-6 I 102-7 I 201-1 I

2015

2016

2017

2018

2019

(1)

Net revenues by location of order shipment are classified by location of customer invoiced or reclassified by shipment destination in line with customer demand. For example, products ordered by U.S.-based companies to be invoiced to Asia Pacific affiliates are classified as Asia Pacific revenues. Furthermore, the comparison among the different periods may be affected by shifts in shipment from one location to another, as requested by our customers.

Americas

16

15

13

13

14

Asia Pacific

58

58

61

61

62

EMEA

26

27

26

26

24

Operating income and cash flow (US$m) I 201-1 I

2015

2016

2017

2018

2019

Operating income

109

227

1,005

1,400

1,203

Net operating cash flow

327

316

308

533

497

ST sales by market channel(1) (%) I 102-6 I

2015

2016

2017

2018

2019

(1)

Original Equipment Manufacturers (OEM) are the end-customers to which we provide direct marketing application engineering support, while Distribution customers refers to the distributors and representatives that we engage to sell our products around the world.

OEM

68

67

66

65

70

Distribution

32

33

34

35

30

Dividends paid (US$m) I 201-1 I

2015

2016

2017

2018

2019

Dividends

350

251

214

216

214

Taxes (US$m) I 201-1 I

2015

2016

2017

2018

2019

Tax expense for the year

75

74

86

95

165

ECOPACK® products (%) I 417-1 I

2015

2016

2017

2018

2019

(1)

With adapted reliability for soldering at higher temperature, as some exemptions are necessary mainly for the automotive market regarding the RoHS Directive.

Non ECOPACK®

0.3

0.3

0.2

0.2

0.2

ECOPACK® 1: Compliant with the RoHS/ELV directives, second level interconnect lead-free(1)

8.7

7.8

6.7

6.8

6.3

ECOPACK® 2: as ECOPACK® 1, plus free of brominated, chlorinated and antimony oxide flame retardants

83.0

84.0

86.0

85.1

85.2

ECOPACK® 3: as ECOPACK® 2, plus free of halogens with no RoHS exemptions

8.0

7.9

7.1

8.0

8.3

ST site certifications
ST is ISO 9001 certified Company-wide

OHSAS 18001/
ISO 45001 Health & Safety

ISO 14001 Environment

EMAS Environment performance disclosure

ISO 50001 Energy

ISO 22301 Business Continuity

IATF 16949

(1)

Rennes Space & High-Reliability Products.

(2)

Audit conducted with positive conclusions in December 2019. Certificate issued in February 2020.

Main manufacturing sites

Agrate

Ang Mo Kio

Bouskoura

Calamba

Catania

Crolles

Kirkop

Muar

(2)

Rousset

Shenzhen

Tours

Other sites

Castelletto

Geneva

Greater Noida

Grenoble

Le Mans

Loyang

Marcianise

Napoli

Rennes(1)

Toa Payoh

Total

19

17

13

10

18

20

ST inclusion in the main sustainability indices in 2019

ST inclusion in the main sustainability indices in 2019: ECPI, ETHIBEL, EURONEXT vigeo eiris, FTSE4Good, Bloomberg, Dow Jones Sustainability Indices in Collaboration with RobecoSAM (logos)