| Market Cap | €2.49B | |
| Enterprise Value | — | |
| Revenue | €2.09B | −4.8% |
| Gross Profit | €1.02B | −7.6% |
| EBITDA | — | — |
| Net Income | €86.3M | −59.3% |
| Diluted EPS | €2.08 | −58.7% |
| Free Cash Flow | €225.8M | −18.5% |
| DPS (FY2025) | €3.08 |
| Trailing yield | 5.07% |
| Payout ratio | 147.1% |
| Growth streak | 3 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | €3.08 | +8.1% | reported |
| FY20242024-12-31 | €2.85 | +11.3% | reported |
| FY20232023-12-31 | €2.56 | +19.1% | reported |
| FY20222022-12-31 | €2.15 |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 50.13% | 48.06% | 50.81% | 48.26% | 50.72% | 50.20% | 48.76% | 36% | |
| Operating Margin | 12.96% | 9.63% | 24.67% | 13.59% | 14.16% | 13.19% | 7.48% | 7% | |
| NOPAT Margin | 9.08% | 5.81% | 17.31% | 9.73% | 10.25% | 9.40% | 4.64% | 7% | |
| Net Margin | 9.03% | 5.76% | 17.15% | 8.89% | 10.01% | 9.65% | 4.13% | 7% | |
| FCF Margin | 11.17% | 17.26% | 11.70% | 9.69% | 11.44% | 12.62% | 10.80% | 21% | |
| FCFE Margin | — | — | — | — | 12.88% | 20.71% | 9.27% | 17% | |
| OCF Margin | 16.27% | 21.97% | 15.32% | 13.43% | 15.61% | 16.28% | 14.77% | 21% | |
| Gross Profitability | 40.85% | 36.07% | 37.29% | 40.13% | 43.37% | 38.85% | 39.00% | 50% | |
| Capex Intensity | 5.11% | 4.71% | 3.61% | 3.74% | 4.17% | 3.67% | 3.97% | 50% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 4 ratios | |||||||||
| ▸Liquidity & coverage · 3 ratios | |||||||||
| ▸Working capital · 8 ratios | |||||||||
| ▸Capital allocation · 5 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
The five drivers multiply to 5.0% vs reported ROE 5.0%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | €1.95B | €1.63B | €1.83B | €2.23B | €2.26B | €2.20B | €2.09B |
| YoY % | -16.5% | +12.5% | +21.9% | +1.3% | -2.9% | -4.8% | |
| Cost of Revenue | €972.1M | €845.5M | €901.1M | €1.16B | €1.12B | €1.09B | €1.07B |
| YoY % | -13.0% | +6.6% | +28.3% | -3.5% | -1.9% | -2.1% | |
| Gross Profit | €977.3M | €782.4M | €930.8M | €1.08B | €1.15B | €1.10B | €1.02B |
| YoY % | -19.9% | +19.0% | +15.8% | +6.5% | -4.0% | -7.6% | |
| SG&A Expense | €184.7M | €210.2M | €220.1M | €269.8M | €285.1M | €289.3M | €277.4M |
| YoY % | +13.8% | +4.7% | +22.6% | +5.6% | +1.5% | -4.1% | |
| Operating Income | €252.7M | €156.8M | €452.0M | €303.5M | €320.5M | €289.7M | €156.4M |
| YoY % | -38.0% | +188.4% | -32.8% | +5.6% | -9.6% | -46.0% | |
| Pretax Income | €251.4M | €155.3M | €447.8M | €277.4M | €313.0M | €297.6M | €139.1M |
| YoY % | -38.2% | +188.3% | -38.0% | +12.8% | -4.9% | -53.3% | |
| Income Tax | €75.3M | €61.6M | €133.6M | €78.8M | €86.5M | €85.6M | €52.8M |
| YoY % | -18.2% | +116.8% | -41.0% | +9.7% | -1.0% | -38.3% | |
| Income from Continuing Operations | €176.1M | €93.7M | €314.2M | €198.6M | €226.5M | €212.0M | €86.3M |
| YoY % | -46.8% | +235.2% | -36.8% | +14.1% | -6.4% | -59.3% | |
| Income from Discontinued Operations | €0 | €0 | €0 | €0 | — | — | — |
| Net Income (incl. NCI) | €176.1M | €93.7M | €314.2M | €198.6M | €226.5M | €212.0M | €86.3M |
| YoY % | -46.8% | +235.2% | -36.8% | +14.1% | -6.4% | -59.3% | |
| Minority Interest (P&L) | €0 | €0 | €0 | €0 | €0 | €0 | €0 |
| Net Income | €176.1M | €93.7M | €314.2M | €198.6M | €226.5M | €212.0M | €86.3M |
| YoY % | -46.8% | +235.2% | -36.8% | +14.1% | -6.4% | -59.3% | |
| EPS (Basic) | €3.91 | €2.08 | €7.02 | €4.52 | €5.30 | €5.10 | €2.10 |
| YoY % | -46.8% | +237.5% | -35.6% | +17.3% | -3.8% | -58.8% | |
| EPS (Diluted) | €3.90 | €2.08 | €6.99 | €4.46 | €5.24 | €5.04 | €2.08 |
| YoY % | -46.7% | +236.1% | -36.2% | +17.5% | -3.8% | -58.7% | |
| Dividends Declared per Share | — | — | — | €2 | €3 | €3 | €3 |
| YoY % | +19.1% | +11.3% | +8.1% |
Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
| reported |
| FY20212021-12-31 | — | — | reported |
| FY20202020-12-31 | — | — | reported |
| FY20192019-12-31 | — | — | reported |
