1.12
+3.70%
Close of 9 Nov 2026, in EUR
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At a glance
Figures in EUR, from our data supplier.
Revenue, before interest expense
€5.98bn
FY2015FY2024
Net income
€906.0m
FY2015FY2024
Total assets
€102.14bn
FY2015FY2024
Shareholders' equity
€7.09bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | €5.98bn | €5.68bn | €3.94bn | €2.85bn | €2.96bn | €3.19bn | €3.04bn | €3.02bn | €3.14bn | €3.59bn |
| Operating income | — | — | €1.44bn | €245.3m | — | — | — | — | — | — |
| Net income | €906.0m | €856.0m | €207.5m | €138.1m | €183.0m | €302.0m | €301.1m | €186.4m | €23.9m | €235.3m |
| Diluted earnings per share | 0.06 | 0.06 | 0.01 | — | 0.01 | 0.02 | 0.02 | 0.01 | — | 0.02 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €102.14bn | €94.37bn | €89.88bn | €92.90bn | €85.71bn | €81.64bn | €75.92bn | €71.94bn | €71.26bn | €74.88bn |
| Cash and short-term investments | — | — | €2.25bn | €2.32bn | — | — | — | — | — | — |
| Total liabilities | €95.05bn | €88.07bn | €84.72bn | €86.79bn | €79.49bn | €75.52bn | €70.14bn | €65.86bn | €66.88bn | €70.26bn |
| Debt | €5.13bn | €4.07bn | €2.81bn | €3.61bn | €2.83bn | €3.21bn | €2.79bn | €3.38bn | €5.16bn | €6.46bn |
| Shareholders' equity | €7.09bn | €6.30bn | €5.15bn | €6.12bn | €6.22bn | €6.12bn | €5.78bn | €6.08bn | €4.38bn | €4.62bn |
| Shares outstanding | 15,114m | 15,114m | 15,114m | 15,114m | 15,114m | 15,114m | 15,114m | 13,321m | 7,151m | 6,746m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | €1.01bn | €1.01bn | €919.3m | €1.91bn | €963.3m | €949.6m | €994.9m | €1.84bn |
| Net income | €260.1m | €305.8m | €242.7m | €517.1m | €258.8m | €243.5m | €192.3m | €463.1m |
| Diluted earnings per share | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.01 | 0.03 |
| Total assets | €114.80bn | €111.07bn | €109.33bn | €108.94bn | €105.47bn | €104.29bn | €102.14bn | €100.23bn |
| Shareholders' equity | €7.90bn | €8.07bn | €7.81bn | €7.50bn | €7.24bn | €7.41bn | €7.09bn | €6.97bn |
Financial ratios
Data as of 2 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 18.4% | 24.2% | 25.9% | 24.4% | 16.4% | -23.2% | — | — |
| Net margin | 26.0% | 24.3% | 22.2% | 6.7% | 5.5% | 7.5% | — | — | — | — | — | — |
| Return on equity | 13.0% | 12.8% | 13.6% | 4.0% | 2.3% | 2.9% | — | — | — | — | — | — |
| Return on assets | 0.9% | 0.9% | 0.9% | 0.2% | 0.1% | 0.2% | — | — | — | — | — | — |
| Revenue growth | 5.0% | -3.3% | 25.2% | 22.8% | 2.5% | -2.3% | — | — | — | — | — | — |
| Earnings growth | 12.4% | 5.9% | 312.6% | 50.3% | -24.6% | -39.4% | — | — | — | — | — | — |
| Current ratio | — | — | — | 0.11x | 0.16x | 0.14x | 0.15x | 0.13x | 0.12x | — | — | — |
| Debt to equity | — | — | — | — | — | — | 1.80x | 1.79x | 1.65x | 2.68x | 2.89x | 1.61x |
| Equity ratio | 7.1% | 6.9% | 6.7% | 5.7% | 6.6% | 7.2% | — | — | — | — | — | — |
| Interest coverage | — | — | — | — | 3.84x | 2.17x | 1.47x | 1.20x | 0.70x | -0.65x | — | — |
| Buybacks as a share of market value | — | 0.0% | 0.0% | -0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.5% | 8.3% | 4.9% |
| Net income | 87.2% | 24.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Net margin | 15.1% | 11.4% | 10.5% | 7.5% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 7.8 | 4.8 | 10.7 | 15.4 | 10.2 | 10.2 | 11.5 | 19.4 | 55.1 | 17.9 |
| Price to sales | 1.7 | 1.0 | 0.7 | 0.8 | 0.7 | 1.1 | 1.4 | 1.4 | 0.5 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 1 Jun 2026.
| FY2025 | FY2024 | FY2022 | FY2019 | FY2010 | FY2009 | FY2007 | FY2006 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.03 | 0.017 | 0.001 | 0.002 | 1.365 | 1.221 | 6.106 | 5.316 |
- 75-to-1 reverse split · 24 Oct 2016
- 1.044-for-1 split · 21 Apr 2011
- 1.23-for-1 split · 2 Apr 1992
- 1.671-for-1 split · 26 Feb 1990
- 2.542-for-1 split · 10 Apr 1989
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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