| Market Cap | €1.96B | |
| Enterprise Value | -€1.4M | |
| Revenue | €13.57B | +15.1% |
| Gross Profit | — | — |
| EBITDA | €1.15B | +23.6% |
| Net Income | €239.8M | +23.3% |
| Diluted EPS | €0.24 | +20.0% |
| Free Cash Flow | — | — |
| DPS (FY2025) | — |
| Trailing yield | — |
| Payout ratio | 38.7% |
| Growth streak | — |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | — | — | reported |
| FY20242024-12-31 | — | — | reported |
| FY20232023-12-31 | — | — | reported |
| FY20222022-12-31 | — | — | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | 7.84% | −0.53% | 2.36% | 4.53% | 4.43% | 4.78% | 75% | 42% | |
| EBITDA Margin | 11.52% | 4.46% | 6.16% | 8.56% | 7.89% | 8.47% | 58% | 41% | |
| NOPAT Margin | 6.55% | −0.41% | 0.74% | 2.38% | 2.44% | 2.41% | 58% | 34% | |
| Net Margin | 2.76% | −4.75% | 0.12% | 1.25% | 1.65% | 1.77% | 75% | 37% | |
| OCF Margin | 3.91% | 18.91% | 0.33% | 19.02% | 9.47% | 2.27% | 25% | 22% | |
| ▸Returns on Capital · 5 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 5 ratios | |||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||
| ▸Leverage · 7 ratios | |||||||||
| ▸Working capital · 3 ratios | |||||||||
| ▸Capital allocation · 3 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
The five drivers multiply to 14.1% vs reported ROE 14.2%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | €5.01B | €6.42B | €8.09B | €9.95B | €11.79B | €13.57B |
| YoY % | +28.1% | +26.0% | +23.0% | +18.5% | +15.1% | |
| Total Operating Expenses | €4.62B | €6.45B | €7.90B | €9.50B | €11.27B | €12.92B |
| YoY % | +39.7% | +22.4% | +20.3% | +18.6% | +14.7% | |
| Operating Income | €392.9M | -€33.7M | €191.1M | €450.6M | €522.6M | €648.8M |
| YoY % | +135.8% | +16.0% | +24.1% | |||
| Interest Expense | €155.6M | €190.3M | €212.6M | €244.8M | €299.8M | €276.2M |
| YoY % | +22.3% | +11.7% | +15.1% | +22.5% | -7.9% | |
| Interest & Investment Income | €81.0M | €87.5M | €119.1M | €119.4M | €185.0M | €125.9M |
| YoY % | +8.1% | +36.0% | +0.2% | +55.0% | -31.9% | |
| Equity Method Income | -€108.8M | -€19.2M | -€7.1M | -€95.3M | -€48.8M | -€42.9M |
| Pretax Income | €165.6M | -€145.4M | €110.8M | €263.5M | €362.1M | €382.4M |
| YoY % | +137.9% | +37.4% | +5.6% | |||
| Income Tax | €27.2M | €133.6M | €76.3M | €125.1M | €162.6M | €189.7M |
| YoY % | +391.6% | -42.9% | +64.0% | +30.0% | +16.6% | |
| Income from Continuing Operations | €138.4M | -€279.0M | €34.5M | €138.5M | €199.5M | €192.7M |
| YoY % | +301.3% | +44.1% | -3.4% | |||
| Income from Discontinued Operations | -€5.1M | €232,000 | -€18.0M | -€10.1M | €5.9M | -€11.8M |
| Net Income (incl. NCI) | €133.3M | -€278.8M | €16.5M | €128.4M | €205.4M | €180.9M |
| YoY % | +676.7% | +60.0% | -11.9% | |||
| Minority Interest (P&L) | -€5.1M | €26.2M | €6.6M | €4.4M | €10.9M | -€58.9M |
| YoY % | -74.7% | -34.0% | +149.0% | |||
| Net Income | €138.4M | -€304.9M | €9.9M | €124.0M | €194.5M | €239.8M |
| YoY % | +1153.4% | +56.8% | +23.3% | |||
| EPS (Basic) | €0.16 | -€0.33 | €0.03 | €0.13 | €0.20 | €0.24 |
| YoY % | +333.3% | +53.8% | +20.0% | |||
| EPS (Diluted) | €0.15 | -€0.33 | €0.01 | €0.13 | €0.20 | €0.24 |
| YoY % | +1200.0% | +53.8% | +20.0% |
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.
| FY20212021-12-31 | — | — | reported |
| FY20202020-12-31 | — | — | reported |
