| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | €2.10B | +16.2% |
| Gross Profit | €1.24B | +16.9% |
| EBITDA | €663.1M | +26.9% |
| Net Income | €348.3M | +81.8% |
| Diluted EPS | €1.87 | +83.3% |
| Free Cash Flow | €307.6M | −15.3% |
| Ratio | 2022 | 2023 | 2024 | 2025 | Trend · 4y | vs own | vs sector |
|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||
| Gross Margin | 60.33% | 62.05% | 58.77% | 59.11% | 38% | 86% | |
| Operating Margin | 29.21% | 17.47% | 23.33% | 26.20% | 63% | 97% | |
| EBITDA Margin | 35.75% | 23.06% | 28.95% | 31.61% | 63% | 96% | |
| NOPAT Margin | 21.82% | 8.53% | 15.22% | 19.42% | 63% | 98% | |
| Net Margin | 15.06% | 5.03% | 10.62% | 16.61% | 88% | 95% | |
| FCF Margin | 13.14% | 17.20% | 20.13% | 14.66% | 38% | 90% | |
| FCFF Margin | 19.90% | 20.70% | 24.73% | 17.48% | 13% | 90% | |
| FCFE Margin | 12.38% | 13.66% | −16.53% | 12.27% | 38% | 81% | |
| OCF Margin | 18.84% | 24.05% | 23.75% | 18.32% | 13% | 90% | |
| Gross Profitability | 15.66% | 19.18% | 21.71% | 25.08% | 88% | 32% | |
| Capex Intensity | 5.69% | 6.85% | 3.63% | 3.66% | 38% | 68% | |
| ▸Returns on Capital · 6 ratios | |||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||
| ▸Earnings quality · 7 ratios | |||||||
| ▸Liquidity & coverage · 9 ratios | |||||||
| ▸Leverage · 8 ratios | |||||||
| ▸Working capital · 8 ratios | |||||||
| ▸Capital allocation · 1 ratios | |||||||
| ▸Per share · 3 ratios | |||||||
| ▸Other · 1 ratios | |||||||
The five drivers multiply to 12.9% vs reported ROE 13.0%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|
| Revenue | €1.24B | €1.49B | €1.80B | €2.10B |
| YoY % | +20.0% | +21.0% | +16.2% | |
| Cost of Revenue | €493.0M | €566.1M | €744.0M | €857.7M |
| YoY % | +14.8% | +31.4% | +15.3% | |
| Gross Profit | €749.8M | €925.8M | €1.06B | €1.24B |
| YoY % | +23.5% | +14.6% | +16.9% | |
| SG&A Expense | €86.6M | €171.4M | €113.4M | €125.2M |
| YoY % | +97.9% | -33.8% | +10.3% | |
| Operating Income | €363.0M | €260.7M | €421.1M | €549.5M |
| YoY % | -28.2% | +61.5% | +30.5% | |
| Interest Expense | €112.5M | €107.0M | €127.3M | €79.6M |
| YoY % | -4.9% | +18.9% | -37.5% | |
| Pretax Income | €250.5M | €153.7M | €293.8M | €470.0M |
| YoY % | -38.7% | +91.2% | +60.0% | |
| Income Tax | €63.4M | €78.6M | €102.2M | €121.7M |
| YoY % | +24.0% | +30.0% | +19.1% | |
| Net Income (incl. NCI) | €187.1M | €75.0M | €191.6M | €348.3M |
| YoY % | -59.9% | +155.4% | +81.8% | |
| Net Income | €187.1M | €75.0M | €191.6M | €348.3M |
| YoY % | -59.9% | +155.4% | +81.8% | |
| EPS (Basic) | €1.02 | €0.41 | €1.02 | €1.87 |
| YoY % | -59.8% | +148.8% | +83.3% | |
| EPS (Diluted) | €1.02 | €0.41 | €1.02 | €1.87 |
| YoY % | -59.8% | +148.8% | +83.3% | |
| Weighted Avg Shares (Basic) | 182.7M | 182.7M | 187.6M | 186.5M |
| YoY % | 0.0% | +2.7% | -0.6% | |
| Weighted Avg Shares (Diluted) | 182.7M | 182.7M | 187.6M | 186.5M |
| YoY % | 0.0% | +2.7% | -0.6% |
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.
