Earnings before interest and taxes – profit from operations.
EBIT MARGIN
Operating margin ratio obtained by calculating the ebit as a percentage of revenue.
EBITDA
Earnings before interest, taxes, depreciation and amortization.
EBITDA margin
Operating margin ratio obtained by calculating the ebitda as a percentage of revenue.
EBT
Earnings before taxes, or profit from ordinary operations.
ECONOMIC PROFIT
The difference between the return on capital and the cost of capital, multiplied by the amount of capital invested represents the increase in the value of a company over the period.
EMAS (Eco-Management and Audit Scheme)
European Union eco-audit regulation governing environmental management and environmental auditing.
Enzymatic hydrolisis
Separation of a chemical compound by attaching a water molecule, catalyzed by enzymes. Followed by fermentation of plant raw material containing cellulose, enzymatic hydrolysis gives rise to bioethanol.
Equity
Capital contributed by a company´s shareholders (shareholders´equity). Equity includes subscribed share capital or nominal capital, capital reserves, earnings reserves, profit or loss carried forward, net income or loss, and some special reserves.
Equity ratio
Ratio of equity capital to total assets (the higher the ratio, the lower the level of debt).
Ethylene
Gaseous hydrocarbon used as a basis for the plastic material polyethylene. Ethylene is produced industrially by cracking crude oil fractions. It is also created in small quantities in plants during the ripening process and when fruit, vegetables and cut flowers are being stored and kept fresh.
Ethylene dichloride
Organic compound used as a preliminary product in the manufacture of both vinyl chloride and the plastic material PVC.
Ethylene glycol
Colorless liquid and important base product for the manufacture of polyesters, such as polyethylene terephthalate (PET). Also used in antifreeze for automobiles.
Ethylene oxide
Preliminary product for the manufacture of ethylene glycol.
