| Market Cap | €596.8M | |
| Enterprise Value | — | |
| Revenue | €1.43B | +9.4% |
| Gross Profit | €275.0M | +23.9% |
| EBITDA | €124.8M | +28.3% |
| Net Income | €49.8M | — |
| Diluted EPS | €5.17 | — |
| Free Cash Flow | €46.8M | −11.1% |
| DPS (FY2025) | €0.21derived |
| Trailing yield | 0.33% |
| Payout ratio | 4.0% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | €0.21 | — | derived (paid ÷ diluted shares) |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||
| Gross Margin | — | 17.26% | 16.05% | 13.26% | 15.51% | 17.00% | 19.24% | 92% | 27% | |
| Operating Margin | 5.30% | 5.54% | 3.59% | −1.09% | 3.52% | 4.97% | 5.92% | 93% | 48% | |
| EBITDA Margin | 7.65% | 8.13% | 0.64% | 1.94% | 6.36% | 7.45% | 8.73% | 93% | 42% | |
| NOPAT Margin | 4.03% | 4.43% | 2.89% | −0.86% | 0.59% | 4.97% | 5.87% | 93% | 53% | |
| Net Margin | 2.60% | 2.77% | 1.58% | 2.50% | −0.10% | −2.06% | 3.48% | 93% | 48% | |
| FCF Margin | — | 5.87% | 11.55% | −1.41% | −9.99% | 4.03% | 3.27% | 42% | 37% | |
| FCFF Margin | — | 6.37% | 12.05% | — | −9.45% | 7.32% | 5.38% | 30% | 27% | |
| FCFE Margin | — | −1.74% | — | 7.51% | 0.64% | 0.71% | −5.75% | 10% | 16% | |
| OCF Margin | −2.72% | 9.23% | 14.66% | 0.67% | −7.78% | 6.30% | 6.10% | 50% | 35% | |
| Gross Profitability | — | 19.81% | 17.55% | 13.24% | 14.15% | 17.66% | 20.62% | 92% | 44% | |
| Capex Intensity | — | 3.37% | 3.12% | 2.08% | 2.21% | 2.27% | 2.82% | 58% | 56% | |
| ▸Returns on Capital · 3 ratios | ||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||
| ▸Earnings quality · 6 ratios | ||||||||||
| ▸Liquidity & coverage · 6 ratios | ||||||||||
| ▸Working capital · 8 ratios | ||||||||||
| ▸Capital allocation · 3 ratios | ||||||||||
| ▸Per share · 3 ratios | ||||||||||
| ▸Other · 1 ratios | ||||||||||
The five drivers multiply to 14.0% vs reported ROE 17.4%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | €978.1M | €1.04B | €975.1M | €972.2M | €1.06B | €1.31B | €1.43B |
| YoY % | +6.8% | -6.6% | -0.3% | +9.5% | +22.7% | +9.4% | |
| Cost of Revenue | — | €864.0M | €818.6M | €843.3M | €899.4M | €1.08B | €1.15B |
| YoY % | -5.2% | +3.0% | +6.6% | +20.5% | +6.5% | ||
| Gross Profit | — | €180.2M | €156.5M | €128.9M | €165.1M | €222.0M | €275.0M |
| YoY % | -13.2% | -17.6% | +28.1% | +34.4% | +23.9% | ||
| R&D Expense | — | €15.8M | €15.4M | €25.3M | €21.7M | €27.3M | €30.6M |
| YoY % | -2.4% | +64.6% | -14.2% | +25.7% | +11.9% | ||
| SG&A Expense | — | €50.4M | €51.1M | €60.7M | €59.7M | €79.9M | €92.8M |
| YoY % | +1.3% | +18.9% | -1.6% | +33.8% | +16.1% | ||
| Operating Income | €51.9M | €57.9M | €35.0M | -€10.6M | €37.5M | €64.9M | €84.5M |
| YoY % | +11.6% | -39.5% | +73.0% | +30.2% | |||
| Interest Expense | €7.7M | €6.6M | €6.2M | €18.0M | €34.3M | €43.0M | €30.3M |
| YoY % | -15.1% | -6.3% | +191.9% | +90.7% | +25.3% | -29.4% | |
| Interest & Investment Income | €1.1M | €738,000 | €616,000 | €4.1M | €3.4M | €4.2M | €645,000 |
| YoY % | -30.0% | -16.5% | +568.2% | -17.8% | +23.7% | -84.6% | |
| Equity Method Income | €348,000 | -€586,000 | -€615,000 | -€5.7M | €355,000 | €123,000 | -€174,000 |
| YoY % | -65.4% | ||||||
| Pretax Income | €45.5M | €51.5M | €28.9M | -€30.2M | €7.0M | €26.3M | €54.7M |
| YoY % | +13.0% | -43.9% | +276.1% | +108.2% | |||
| Income Tax | €10.9M | €10.3M | €5.7M | -€7.8M | €5.8M | -€3.5M | €382,000 |
| YoY % | -5.1% | -45.4% | |||||
| Net Income (incl. NCI) | €34.6M | €41.1M | €23.2M | -€22.3M | €1.2M | €29.8M | €54.3M |
| YoY % | +18.7% | -43.5% | +2467.1% | +82.2% | |||
| Minority Interest (P&L) | €9.2M | €12.2M | €7.8M | €1.9M | €2.2M | €2.8M | €4.5M |
| YoY % | +32.4% | -36.0% | -75.4% | +17.4% | +26.9% | +58.9% | |
| Net Income | €25.4M | €28.9M | €15.4M | €24.3M | -€1.1M | -€27.0M | €49.8M |
| YoY % | +13.7% | -46.7% | +57.2% | ||||
| EPS (Basic) | €3.74 | €4.26 | €2270.00 | €3.57 | -€0.16 | -€3.96 | €5.17 |
| YoY % | +13.9% | +53186.4% | -99.8% | ||||
| EPS (Diluted) | €3.74 | €4.26 | €2270.00 | €3.57 | -€0.16 | -€3.96 | €5.17 |
| YoY % | +13.9% | +53186.4% | -99.8% | ||||
| Weighted Avg Shares (Diluted) | — | — | — | — | — | 6.8M | 9.6M |
| YoY % | +41.7% | ||||||
| Dividends Declared per Share | — | — | — | €1 | — | — | — |
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.
