| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | €1.11B | +16.7% |
| Gross Profit | €719.7M | +13.9% |
| EBITDA | €315.9M | +20.3% |
| Net Income | €181.3M | +2.3% |
| Diluted EPS | — | — |
| Free Cash Flow | €270.6M | +19.2% |
| DPS (FY2024) | €0.65 |
| Trailing yield | — |
| Payout ratio | — |
| Growth streak | 1 yr |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20242024-12-31 | €0.65 | +47.9% | reported |
| FY20232023-12-31 | €0.44 | +0.0% | reported |
| FY20222022-12-31 | €0.44 | +18.8% | reported |
| FY20212021-12-31 | €0.37 | — | reported |
| Ratio | 2021 | 2022 | 2023 | 2024 | Trend · 4y | vs own | vs sector |
|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||
| Gross Margin | 64.71% | 64.90% | 66.63% | 65.04% | 63% | 91% | |
| Operating Margin | 17.88% | 16.88% | 22.20% | 23.20% | 88% | 96% | |
| EBITDA Margin | 23.37% | 22.18% | 27.71% | 28.55% | 88% | 95% | |
| NOPAT Margin | 16.59% | 15.54% | 19.72% | 18.23% | 63% | 97% | |
| Net Margin | 16.18% | 15.39% | 18.70% | 16.38% | 63% | 95% | |
| FCF Margin | 21.36% | 22.44% | 23.94% | 24.45% | 88% | 97% | |
| FCFF Margin | 22.21% | 23.87% | 25.94% | 26.63% | 88% | 97% | |
| OCF Margin | 21.83% | 22.99% | 24.30% | 24.66% | 88% | 95% | |
| Gross Profitability | 47.44% | 49.51% | 52.65% | 52.64% | 63% | 72% | |
| Capex Intensity | 0.47% | 0.55% | 0.36% | 0.21% | 13% | 7% | |
| ▸Returns on Capital · 3 ratios | |||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||
| ▸Earnings quality · 6 ratios | |||||||
| ▸Liquidity & coverage · 5 ratios | |||||||
| ▸Working capital · 3 ratios | |||||||
| ▸Capital allocation · 1 ratios | |||||||
The five drivers multiply to 22.2% vs reported ROE 22.1%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | €657.7M | €777.2M | €948.2M | €1.11B |
| YoY % | +18.2% | +22.0% | +16.7% | |
| Cost of Revenue | €232.1M | €272.8M | €316.4M | €386.9M |
| YoY % | +17.5% | +16.0% | +22.3% | |
| Gross Profit | €425.6M | €504.4M | €631.8M | €719.7M |
| YoY % | +18.5% | +25.3% | +13.9% | |
| Total Operating Expenses | €308.0M | €373.2M | €421.3M | €463.0M |
| YoY % | +21.2% | +12.9% | +9.9% | |
| Operating Income | €117.6M | €131.2M | €210.5M | €256.7M |
| YoY % | +11.6% | +60.4% | +21.9% | |
| Interest Expense | €6.0M | €12.1M | €21.4M | €30.7M |
| YoY % | +101.7% | +76.9% | +43.5% | |
| Interest & Investment Income | €400,000 | €5.5M | €5.7M | €7.6M |
| YoY % | +1275.0% | +3.6% | +33.3% | |
| Pretax Income | €112.0M | €124.6M | €194.8M | €233.7M |
| YoY % | +11.3% | +56.3% | +20.0% | |
| Income Tax | €8.1M | €9.9M | €21.8M | €50.0M |
| YoY % | +22.2% | +120.2% | +129.4% | |
| Net Income (incl. NCI) | €103.9M | €114.7M | €173.0M | €183.7M |
| YoY % | +10.4% | +50.8% | +6.2% | |
| Minority Interest (P&L) | -€2.5M | -€4.9M | -€4.2M | €2.4M |
| Net Income | €106.4M | €119.6M | €177.3M | €181.3M |
| YoY % | +12.4% | +48.2% | +2.3% | |
| Dividends Declared per Share | €0 | €0 | €0 | €1 |
| YoY % | +18.8% | 0.0% | +47.9% |
The sector classification is SIC-derived, not official GICS. 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.
