| Market Cap | €2.68B | |
| Enterprise Value | — | |
| Revenue | €1.06B | +8.6% |
| Gross Profit | — | — |
| EBITDA | €225.6M | +30.3% |
| Net Income | €184.1M | +21.6% |
| Diluted EPS | €2.91 | +21.8% |
| Free Cash Flow | €91.5M | +243.6% |
| DPS (FY2024) | €0.55 |
| Trailing yield | 1.30% |
| Payout ratio | 36.8% |
| Growth streak | 2 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20242024-12-31 | €0.55 | +37.5% | reported |
| FY20232023-12-31 | €0.40 | +21.2% | reported |
| FY20222022-12-31 | €0.33 | — | reported |
| FY20212021-12-31 | — | — | reported |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | 13.10% | 13.05% | 14.98% | 11.07% | 11.40% | 13.49% | 75% | 72% | |
| EBITDA Margin | 20.06% | 21.36% | 22.12% | 17.59% | 17.73% | 21.27% | 58% | 75% | |
| NOPAT Margin | 10.60% | 11.23% | 10.99% | 7.79% | 9.35% | 11.63% | 92% | 73% | |
| Net Margin | 14.15% | 16.37% | 13.20% | 10.45% | 15.51% | 17.36% | 92% | 88% | |
| FCF Margin | 3.03% | 15.17% | 12.77% | 0.23% | 2.73% | 8.63% | 58% | 67% | |
| FCFE Margin | −1.70% | 15.98% | 16.78% | 0.33% | −1.71% | 8.32% | 58% | 62% | |
| OCF Margin | 13.54% | 20.28% | 15.51% | 6.73% | 8.07% | 14.23% | 58% | 65% | |
| Capex Intensity | 10.51% | 5.12% | 2.74% | 6.50% | 5.34% | 5.60% | 58% | 47% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 6 ratios | |||||||||
| ▸Liquidity & coverage · 3 ratios | |||||||||
| ▸Working capital · 3 ratios | |||||||||
| ▸Capital allocation · 3 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
The five drivers multiply to 15.7% vs reported ROE 15.6%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | €633.2M | €571.1M | €793.3M | €1.07B | €976.5M | €1.06B |
| YoY % | -9.8% | +38.9% | +35.1% | -8.9% | +8.6% | |
| Total Operating Expenses | — | — | — | — | €873.1M | €915.6M |
| YoY % | +4.9% | |||||
| Operating Income | €83.0M | €74.6M | €118.8M | €118.7M | €111.4M | €143.0M |
| YoY % | -10.1% | +59.4% | -0.1% | -6.2% | +28.4% | |
| Equity Method Income | €62.1M | €70.8M | €83.9M | €89.1M | €128.7M | €117.2M |
| YoY % | +13.9% | +18.6% | +6.2% | +44.5% | -8.9% | |
| Pretax Income | €130.6M | €123.8M | €169.5M | €178.7M | €200.6M | €239.4M |
| YoY % | -5.3% | +37.0% | +5.4% | +12.3% | +19.3% | |
| Income Tax | €24.9M | €17.3M | €45.1M | €53.0M | €36.2M | €33.0M |
| YoY % | -30.4% | +160.6% | +17.4% | -31.7% | -8.9% | |
| Net Income (incl. NCI) | €105.7M | €106.4M | €124.4M | €125.7M | €164.4M | €206.5M |
| YoY % | +0.7% | +16.9% | +1.1% | +30.8% | +25.6% | |
| Minority Interest (P&L) | -€16.1M | -€13.0M | €19.6M | €13.7M | €13.0M | €22.4M |
| YoY % | -30.5% | -4.9% | +72.3% | |||
| Net Income | €89.6M | €93.5M | €104.7M | €112.0M | €151.4M | €184.1M |
| YoY % | +4.3% | +12.1% | +7.0% | +35.2% | +21.6% | |
| EPS (Basic) | — | — | — | — | €2.39 | €2.91 |
| YoY % | +21.8% | |||||
| EPS (Diluted) | — | — | — | — | €2.39 | €2.91 |
| YoY % | +21.8% | |||||
| Dividends Declared per Share | — | — | — | €0 | €0 | €1 |
| YoY % | +21.2% | +37.5% |
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.
| FY20202020-12-31 | — | — | reported |
| FY20192019-12-31 | — | — | reported |
