| Market Cap | €3.83B | |
| Enterprise Value | €4.37B | |
| Revenue | €2.64B | +3.8% |
| Gross Profit | €701.9M | +9.3% |
| EBITDA | €604.9M | +12.1% |
| Net Income | €289.2M | +7.6% |
| Diluted EPS | €3.89 | +8.1% |
| Free Cash Flow | €218.0M | −7.5% |
| DPS (FY2024) | €0.85 |
| Trailing yield | 1.65% |
| Payout ratio | 22.7% |
| Growth streak | 1 yr |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20242024-12-31 | €0.85 | +41.7% | reported |
| FY20232023-12-31 | €0.60 | — | reported |
| FY20222022-12-31 | — | — | reported |
| FY20212021-12-31 | — | — | reported |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Trend · 6y | vs own |
|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||
| Gross Margin | 18.26% | 19.26% | 18.13% | 17.21% | 25.20% | 26.54% | 92% | |
| Operating Margin | 7.90% | 6.23% | 8.09% | 6.83% | — | — | — | |
| EBITDA Margin | 16.59% | 17.81% | 16.05% | 14.51% | 21.19% | 22.88% | 92% | |
| NOPAT Margin | 6.52% | 0.26% | 6.84% | 5.50% | 12.22% | 12.34% | 92% | |
| Net Margin | 3.16% | 0.09% | 5.36% | 4.80% | 10.55% | 10.94% | 92% | |
| FCF Margin | 10.80% | 13.85% | 5.81% | 0.41% | 9.25% | 8.24% | 42% | |
| FCFF Margin | 14.06% | 13.99% | 7.68% | 1.90% | 10.76% | 9.60% | 42% | |
| FCFE Margin | — | — | — | 25.02% | 26.80% | 19.84% | 17% | |
| OCF Margin | 17.04% | 18.63% | 12.75% | 10.69% | 17.65% | 17.12% | 58% | |
| Gross Profitability | 10.26% | 11.55% | 11.61% | 13.11% | 19.99% | 21.38% | 92% | |
| Capex Intensity | 6.24% | 4.78% | 6.94% | 10.28% | 8.40% | 8.88% | 75% | |
| ▸Returns on Capital · 6 ratios | ||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||
| ▸Earnings quality · 7 ratios | ||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||
| ▸Leverage · 9 ratios | ||||||||
| ▸Working capital · 8 ratios | ||||||||
| ▸Capital allocation · 5 ratios | ||||||||
| ▸Other · 1 ratios | ||||||||
The five drivers multiply to 8.3% vs reported ROE 8.1%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | €1.61B | €1.61B | €1.71B | €2.28B | €2.55B | €2.64B |
| YoY % | -0.2% | +6.7% | +33.1% | +11.6% | +3.8% | |
| Cost of Revenue | €1.32B | €1.30B | €1.40B | €1.89B | €1.91B | €1.94B |
| YoY % | -1.4% | +8.2% | +34.6% | +0.8% | +1.9% | |
| Gross Profit | €293.9M | €309.5M | €310.9M | €392.7M | €641.9M | €701.9M |
| YoY % | +5.3% | +0.5% | +26.3% | +63.5% | +9.3% | |
| Selling & Marketing Expense | €25.3M | €24.2M | €26.4M | €28.7M | €36.2M | €40.0M |
| YoY % | -4.1% | +8.9% | +8.6% | +26.3% | +10.5% | |
| SG&A Expense | €145.2M | €142.7M | €154.0M | €188.3M | €214.9M | €257.4M |
| YoY % | -1.7% | +7.9% | +22.3% | +14.1% | +19.8% | |
| Operating Income | €127.2M | €100.0M | €138.7M | €155.8M | — | — |
| YoY % | -21.3% | +38.7% | +12.3% | |||
| Interest Expense | €63.6M | €52.7M | €37.8M | €42.0M | €48.0M | €46.5M |
| YoY % | -17.2% | -28.2% | +10.9% | +14.4% | -3.1% | |
| Interest & Investment Income | — | €636,000 | €4.3M | €7.6M | €5.7M | €10.2M |
| YoY % | +569.0% | +77.8% | -25.1% | +79.2% | ||
| Equity Method Income | €1.4M | €3.2M | €3.3M | €1.9M | €2.6M | €8.0M |
| YoY % | +134.3% | +2.8% | -43.0% | +37.8% | +208.8% | |
| Pretax Income | €64.4M | €37.5M | €108.4M | €137.2M | €339.7M | €375.6M |
| YoY % | -41.8% | +189.4% | +26.6% | +147.6% | +10.6% | |
| Income Tax | €11.2M | €35.9M | €16.8M | €26.7M | €67.1M | €85.3M |
| YoY % | +220.2% | -53.2% | +58.9% | +151.1% | +27.2% | |
| Net Income (incl. NCI) | €53.2M | €1.6M | €91.6M | €110.5M | €272.6M | €290.3M |
| YoY % | -97.1% | +5799.2% | +20.7% | +146.7% | +6.5% | |
| Minority Interest (P&L) | €2.3M | €34,000 | -€368,000 | €826,000 | €4.0M | €1.1M |
| YoY % | -98.5% | +379.1% | -72.3% | |||
| Net Income | €50.9M | €1.5M | €91.9M | €109.7M | €268.6M | €289.2M |
| YoY % | -97.0% | +5955.5% | +19.3% | +145.0% | +7.6% | |
| EPS (Basic) | €0.65 | €0.02 | €1.23 | €1.45 | €3.59 | €3.89 |
| YoY % | -96.9% | +6138.6% | +17.6% | +148.7% | +8.1% | |
| EPS (Diluted) | €0.64 | €0.02 | €1.22 | €1.44 | €3.59 | €3.89 |
| YoY % | -96.9% | +6145.9% | +18.0% | +148.8% | +8.1% | |
| Dividends Declared per Share | — | — | — | — | €1 | €1 |
| YoY % | +41.7% |
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 |
