61.05
+0.99%
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
€1.65bn
FY2016FY2025
Net income
€445.8m
FY2016FY2025
Total assets
€18.46bn
FY2016FY2025
Shareholders' equity
€1.47bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | €1.65bn | €1.30bn | €1.05bn | €764.9m | €816.0m | €717.3m | €672.9m | €538.3m | €549.1m | €452.3m |
| Operating income | €572.8m | €569.8m | €443.8m | €322.3m | €392.7m | €347.3m | €325.3m | €219.8m | €238.6m | €184.8m |
| Net income | €445.8m | €431.2m | €326.1m | €213.0m | €323.1m | €274.9m | €272.1m | €180.1m | €204.1m | €155.9m |
| Diluted earnings per share | 3.91 | 3.78 | 2.86 | 1.87 | 2.81 | 2.38 | 2.35 | 1.55 | 1.75 | 1.34 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €18.46bn | €16.82bn | €172.67bn | €17.27bn | €16.19bn | €13.18bn | €11.77bn | €9.74bn | €8.99bn | €8.36bn |
| Cash and short-term investments | €854.6m | €1.30bn | −€281.7m | €986.7m | €1.83bn | €863.3m | €797.4m | €1.41bn | €938.4m | €829.1m |
| Total liabilities | €16.98bn | €15.36bn | €14.35bn | €16.20bn | €15.09bn | €11.99bn | €10.85bn | €9.00bn | €8.25bn | €7.71bn |
| Debt | €2.11bn | €449.3m | €281.7m | €2.34bn | €381.8m | €892.5m | €347.1m | €8.68bn | €717.0m | €862.0m |
| Shareholders' equity | €1.47bn | €1.46bn | €10.68bn | €1.07bn | €1.11bn | €1.18bn | €917.6m | €734.9m | €736.1m | €646.5m |
| Shares outstanding | 114m | 114m | 114m | 114m | 115m | 115m | 116m | 116m | 117m | 117m |
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 | €4.93bn | €279.0m | €460.7m | €409.0m | €321.8m | €288.1m | €448.8m | €211.5m |
| Operating income | €2.30bn | €171.2m | €156.9m | €144.0m | €124.2m | €148.1m | €117.2m | €134.4m |
| Net income | €1.52bn | €126.4m | €131.2m | €114.5m | €89.9m | €110.3m | €92.6m | €99.1m |
| Diluted earnings per share | 13.03 | 1.08 | 1.15 | 1.00 | 0.79 | 0.97 | 0.81 | 0.87 |
| Total assets | €18.84bn | €18.99bn | €18.46bn | €17.84bn | €17.58bn | €16.99bn | €16.82bn | €15.61bn |
| Cash and short-term investments | €394.5m | — | €410.5m | — | €1.01bn | — | €1.30bn | €993.3m |
| Debt | €1.38bn | — | €15.90bn | €2.01bn | €1.67bn | €14.53bn | €14.51bn | €13.39bn |
| Shareholders' equity | €1.41bn | €1.69bn | €1.47bn | €1.34bn | €1.35bn | €1.58bn | €1.46bn | €1.41bn |
Financial ratios
Data as of 13 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 34.7% | 43.7% | 42.3% | 42.1% | 48.1% | 48.4% |
| Net margin | 27.0% | 33.1% | 31.1% | 27.9% | 39.6% | 38.3% |
| Return on equity | 30.4% | 29.5% | 3.1% | 19.9% | 29.2% | 23.2% |
| Return on assets | 2.4% | 2.6% | 0.2% | 1.2% | 2.0% | 2.1% |
| Revenue growth | 26.7% | 24.2% | 37.2% | -6.3% | 13.8% | 6.6% |
| Earnings growth | 3.4% | 32.2% | 53.1% | -34.1% | 17.5% | 1.0% |
| Current ratio | 0.78x | 0.13x | 0.60x | 45.54x | 0.14x | 45.58x |
| Debt to equity | 1.25x | 9.85x | 0.16x | 2.04x | 0.12x | 0.63x |
| Equity ratio | 7.9% | 8.7% | 6.2% | 6.2% | 6.8% | 9.0% |
| Interest coverage | 4.63x | 3.44x | 3.42x | 14.50x | 44.21x | 55.90x |
| Buybacks as a share of market value | -0.0% | -0.0% | 0.1% | 0.8% | 0.3% | 0.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 29.2% | 18.1% | 12.4% |
| Operating income | 21.1% | 10.5% | 9.2% |
| Net income | 27.9% | 10.2% | 8.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 38.7% | 40.0% | 42.0% | 42.7% |
| Net margin | 29.7% | 29.7% | 32.0% | 33.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.6 | 11.8 | 11.8 | 17.2 | 13.8 | 11.4 | 12.3 | 11.7 | 15.8 | 16.9 |
| Price to sales | 4.0 | 3.9 | 3.6 | 4.8 | 5.5 | 4.4 | 5.0 | 3.9 | 5.9 | 5.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 18 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 2.20 | 2.80 | 2.75 | 1.65 | 1.95 | 3.30 | 1.25 | 1.25 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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