| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | €444.8M | −2.1% |
| Gross Profit | — | — |
| EBITDA | €90.7M | −21.5% |
| Net Income | €27.3M | −47.3% |
| Diluted EPS | — | — |
| Free Cash Flow | €90.8M | +39.3% |
| DPS (FY2025) | — |
| Trailing yield | — |
| Payout ratio | −145.4% |
| 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 | 15.55% | 19.63% | 17.64% | 28.81% | 13.46% | 8.76% | 8% | 72% | |
| EBITDA Margin | 29.24% | 31.56% | 28.06% | 39.28% | 25.43% | 20.40% | 8% | 88% | |
| NOPAT Margin | 15.55% | 16.68% | 16.73% | 25.08% | 13.46% | 7.57% | 8% | 75% | |
| Net Margin | 14.88% | 16.56% | 18.47% | 23.54% | 11.41% | 6.14% | 8% | 72% | |
| FCF Margin | 14.46% | 8.19% | −0.48% | 21.75% | 14.35% | 20.42% | 75% | 96% | |
| FCFF Margin | 15.33% | 8.63% | 0.04% | 23.76% | 16.90% | 22.00% | 75% | 95% | |
| FCFE Margin | 14.43% | 27.12% | 3.18% | 10.34% | 14.62% | 19.39% | 75% | 91% | |
| OCF Margin | 25.94% | 28.48% | 13.67% | 28.88% | 24.04% | 27.76% | 58% | 96% | |
| Capex Intensity | 11.48% | 20.29% | 14.15% | 7.13% | 9.69% | 7.34% | 25% | 89% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 6 ratios | |||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 3 ratios | |||||||||
| ▸Capital allocation · 3 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
The five drivers multiply to 7.5% vs reported ROE 7.5%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | €306.7M | €362.4M | €468.9M | €520.0M | €454.5M | €444.8M |
| YoY % | +18.2% | +29.4% | +10.9% | -12.6% | -2.1% | |
| Operating Income | €47.7M | €71.2M | €82.7M | €149.8M | €61.2M | €39.0M |
| YoY % | +49.2% | +16.2% | +81.1% | -59.2% | -36.3% | |
| Interest Expense | €2.6M | €1.8M | €2.6M | €12.0M | €11.6M | €8.1M |
| YoY % | -30.4% | +40.9% | +361.8% | -3.5% | -30.0% | |
| Interest & Investment Income | €341,000 | €1.2M | €11.9M | €1.4M | €1.2M | €1.2M |
| YoY % | +265.1% | +855.3% | -88.4% | -16.0% | +6.4% | |
| Equity Method Income | €19.0M | €20.8M | €35.1M | €45.9M | €21.8M | €12.0M |
| YoY % | +9.2% | +68.9% | +30.8% | -52.5% | -44.8% | |
| Pretax Income | €42.3M | €70.9M | €91.6M | €140.8M | €51.2M | €31.5M |
| YoY % | +67.4% | +29.3% | +53.7% | -63.6% | -38.5% | |
| Income Tax | -€3.4M | €10.7M | €4.7M | €18.2M | -€312,000 | €4.3M |
| YoY % | -55.6% | +284.6% | ||||
| Net Income (incl. NCI) | €45.7M | €60.2M | €86.9M | €122.6M | €51.6M | €27.3M |
| YoY % | +31.6% | +44.3% | +41.1% | -57.9% | -47.1% | |
| Minority Interest (P&L) | -€108,000 | -€184,000 | -€295,000 | -€188,000 | €312,000 | €66,000 |
| YoY % | -78.8% | |||||
| Net Income | €45.6M | €60.0M | €86.6M | €122.4M | €51.9M | €27.3M |
| YoY % | +31.5% | +44.3% | +41.3% | -57.6% | -47.3% | |
| EPS (Basic) | €0.52 | €0.68 | €0.98 | €1.38 | €0.59 | €0.31 |
| YoY % | +31.5% | +43.1% | +41.0% | -57.5% | -47.2% | |
| EPS (Diluted) | — | €0.68 | €0.97 | €1.38 | — | — |
| YoY % | +42.3% | +41.8% |
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 |
