B 
7.98
0.00%
Close of 9 Nov 2026, in EUR
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in EUR, from our data supplier.
Revenue
€4.88bn
FY2019FY2025
Net income
€247.5m
FY2019FY2025
Free cash flow
€521.8m
FY2019FY2025
Shareholders' equity
€129.8m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | €4.88bn | €4.80bn | €4.32bn | €4.05bn | €3.50bn | €2.13bn | €1.46bn |
| Operating income | €692.2m | €510.7m | €400.5m | €254.7m | €110.4m | €186.2m | €4.4m |
| Net income | €247.5m | €146.1m | €60.8m | −€88.0m | −€43.0m | €5.8m | −€17.6m |
| Diluted earnings per share | 0.58 | 0.35 | 0.14 | -0.21 | -0.11 | 0.01 | -0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | €5.77bn | €5.87bn | €5.73bn | €5.24bn | €5.04bn | €4.65bn | €1.79bn |
| Cash and short-term investments | €515.5m | €516.7m | €468.4m | €482.1m | €497.2m | €460.3m | €181.3m |
| Total liabilities | €5.63bn | €5.83bn | €5.68bn | €5.22bn | €5.05bn | €4.51bn | €1.68bn |
| Debt | €3.16bn | €3.27bn | €3.03bn | €2.81bn | €2.94bn | €160.7m | €105.6m |
| Shareholders' equity | €129.8m | €14.2m | €33.0m | €11.7m | €30.6m | €94.7m | €119.7m |
| Shares outstanding | 423m | 423m | 423m | 412m | 409m | 409m | 409m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | €673.1m | €488.7m | €516.9m | €458.6m | €403.5m | €306.8m | €211.8m |
| Capital spending | −€151.3m | −€131.1m | −€84.9m | −€68.1m | −€66.5m | −€40.7m | — |
| Free cash flow | €521.8m | €357.6m | €432.0m | €390.5m | €337.0m | €266.1m | €211.8m |
| Dividends paid | −€148.1m | −€148.0m | −€148.2m | −€1.6m | −€95.0m | −€72.5m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €1.44bn | €1.15bn | €1.66bn | €1.01bn | €1.13bn | €1.08bn | €1.68bn | €1.03bn |
| Operating income | €187.3m | €127.4m | €311.1m | €100.7m | €159.0m | €121.4m | €235.8m | €91.6m |
| Net income | €33.3m | €27.7m | €128.8m | €18.4m | €67.5m | €32.8m | €94.8m | €16.7m |
| Diluted earnings per share | 0.08 | 0.07 | 0.30 | 0.04 | 0.16 | 0.08 | 0.22 | 0.04 |
| Cash from operations | €311.0m | €7.0m | €358.0m | €137.0m | €107.0m | €69.0m | €189.0m | €31.0m |
| Capital spending | −€36.0m | −€23.0m | −€42.0m | −€43.0m | −€33.0m | −€32.0m | −€41.0m | −€31.0m |
| Free cash flow | €275.0m | −€16.0m | €316.0m | €94.0m | €74.0m | €37.0m | €148.0m | €0 |
| Total assets | €11.65bn | €6.83bn | €5.77bn | €5.89bn | €5.73bn | €5.87bn | €5.87bn | €6.01bn |
| Cash and short-term investments | €795.2m | €1.46bn | €515.5m | €387.9m | €393.4m | €498.7m | €516.7m | €476.8m |
| Debt | €6.33bn | €4.14bn | €3.16bn | €3.25bn | €3.24bn | €3.20bn | €3.24bn | €3.15bn |
| Shareholders' equity | €1.38bn | €190.8m | €129.8m | −€21.8m | −€47.5m | €46.1m | €14.2m | −€57.8m |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 12.3% | 9.8% | 8.3% | 3.6% | 3.4% | 9.0% |
| Net margin | 5.1% | 3.0% | 1.4% | -2.2% | -1.2% | 0.3% |
| Return on equity | 190.7% | 1028.9% | 184.2% | -752.1% | -140.5% | 6.1% |
| Return on assets | 4.3% | 2.5% | 1.1% | -1.7% | -0.9% | 0.1% |
| Free cash flow yield | 24.0% | 18.1% | 17.6% | 15.8% | — | — |
| Revenue growth | 1.6% | 11.2% | 6.7% | 15.7% | 64.3% | 46.2% |
| Earnings growth | 69.4% | 140.3% | -169.1% | 104.7% | -841.4% | -133.0% |
| Current ratio | 0.94x | 0.89x | 0.86x | 0.91x | 0.90x | 0.98x |
| Debt to equity | 24.31x | 227.85x | 89.79x | 230.13x | 90.49x | 1.70x |
| Equity ratio | 2.2% | 0.2% | 0.6% | 0.2% | 0.6% | 2.0% |
| Interest coverage | 3.10x | 2.29x | 1.74x | 0.97x | 0.83x | 1.60x |
| Buybacks as a share of market value | 0.0% | 0.0% | -2.8% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.4% | 18.1% | — |
| Operating income | 39.6% | 30.0% | — |
| Net income | — | 111.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 12.4% | 10.3% | 9.1% | — |
| Net margin | 4.1% | 2.0% | 1.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 14.2 | 24.6 | 58.8 | -44.3 |
| Price to sales | 0.7 | 0.8 | 0.8 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 29 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Paid in the year | 0.35 | 0.32 | 0.35 | 0.36 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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