| Market Cap | €3.67B | |
| Enterprise Value | €6.28B | |
| Revenue | €4.88B | +1.6% |
| Gross Profit | — | — |
| EBITDA | €808.8M | +16.8% |
| Net Income | €247.5M | +69.4% |
| Diluted EPS | €0.58 | +70.6% |
| Free Cash Flow | €521.8M | +45.9% |
| DPS (FY2025) | €0.35 |
| Trailing yield | 4.07% |
| Payout ratio | 69.5% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | €0.35 | +0.0% | reported |
| FY20242024-12-31 | €0.35 | −2.8% | reported |
| FY20232023-12-31 | €0.36 | — | reported |
| FY20222022-12-31 | — | — | reported |
| FY2021 |
| Ratio | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 5y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||
| Operating Margin | 3.16% | 6.29% | 9.28% | 10.63% | 13.13% | 90% | 75% | |
| EBITDA Margin | 7.21% | 10.00% | 12.39% | 14.42% | 16.57% | 90% | 57% | |
| NOPAT Margin | 2.49% | 4.97% | 4.50% | 6.21% | 8.54% | 90% | 69% | |
| Net Margin | −1.23% | −2.17% | 1.41% | 3.04% | 5.07% | 90% | 64% | |
| FCF Margin | 9.64% | 9.65% | 10.01% | 7.44% | 10.69% | 90% | 63% | |
| FCFE Margin | 14.21% | 10.16% | 39.95% | 22.82% | 19.68% | 50% | 72% | |
| OCF Margin | 11.54% | 11.33% | 11.97% | 10.17% | 13.79% | 90% | 53% | |
| Capex Intensity | 1.90% | 1.68% | 1.97% | 2.73% | 3.10% | 90% | 55% | |
| ▸Returns on Capital · 6 ratios | ||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||
| ▸Earnings quality · 7 ratios | ||||||||
| ▸Liquidity & coverage · 5 ratios | ||||||||
| ▸Leverage · 6 ratios | ||||||||
| ▸Working capital · 3 ratios | ||||||||
| ▸Capital allocation · 3 ratios | ||||||||
| ▸Other · 1 ratios | ||||||||
The five drivers multiply to 189.2% vs reported ROE 343.8%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | €3.50B | €4.05B | €4.32B | €4.80B | €4.88B |
| YoY % | +15.7% | +6.7% | +11.2% | +1.6% | |
| Operating Income | €110.4M | €254.7M | €400.5M | €510.7M | €641.0M |
| YoY % | +130.7% | +57.2% | +27.5% | +25.5% | |
| Equity Method Income | — | — | -€4.3M | -€3.1M | -€10.9M |
| Pretax Income | -€24.2M | -€4.2M | €151.8M | €264.7M | €407.2M |
| YoY % | +74.4% | +53.8% | |||
| Income Tax | €49.2M | €76.9M | €78.2M | €110.1M | €142.5M |
| YoY % | +56.3% | +1.7% | +40.8% | +29.4% | |
| Income from Continuing Operations | -€73.4M | -€81.1M | €73.6M | €154.6M | €264.7M |
| YoY % | +110.1% | +71.2% | |||
| Income from Discontinued Operations | €0 | €0 | €0 | €0 | €0 |
| Net Income (incl. NCI) | -€73.4M | -€81.1M | €73.6M | €154.6M | €264.7M |
| YoY % | +110.1% | +71.2% | |||
| Minority Interest (P&L) | -€30.4M | €6.9M | €12.8M | €8.5M | €17.2M |
| YoY % | +85.5% | -33.6% | +102.4% | ||
| Net Income | -€43.0M | -€88.0M | €60.8M | €146.1M | €247.5M |
| YoY % | +140.3% | +69.4% | |||
| EPS (Basic) | -€0.24 | -€0.30 | €0.10 | €0.35 | €0.58 |
| YoY % | +250.0% | +65.7% | |||
| EPS (Diluted) | -€0.24 | -€0.30 | €0.10 | €0.34 | €0.58 |
| YoY % | +240.0% | +70.6% | |||
| Dividends Declared per Share | — | — | €0 | €0 | €0 |
| YoY % | -2.8% | 0.0% |
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.
| — |
| — |
| reported |
