L 
27.94
+1.34%
Close of 9 Nov 2026, in EUR
Search any instrument
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
€2.25bn
FY2020FY2025
Net income
€174.3m
FY2020FY2025
Free cash flow
€406.1m
FY2020FY2025
Shareholders' equity
€325.1m
FY2020FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | €2.25bn | €2.00bn | €1.63bn | €1.39bn | €808.1m | €380.2m |
| Gross profit | €975.5m | €824.0m | €674.2m | €517.2m | €276.6m | €128.6m |
| Operating income | €466.0m | €385.6m | €338.3m | €258.4m | €45.9m | −€2.8m |
| Net income | €174.3m | €98.6m | €67.9m | €72.1m | −€57.6m | −€50.0m |
| Diluted earnings per share | 0.73 | 0.39 | 0.27 | 0.29 | -0.23 | -0.20 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Total assets | €3.50bn | €3.44bn | €3.29bn | €2.76bn | €2.16bn | €1.07bn |
| Cash and short-term investments | €175.5m | €194.6m | €825.2m | €261.2m | €153.6m | €153.8m |
| Total liabilities | €3.13bn | €2.92bn | €2.79bn | €2.70bn | €2.19bn | €937.2m |
| Debt | €2.04bn | €2.07bn | €2.09bn | €1.96bn | €1.67bn | €691.4m |
| Shareholders' equity | €325.1m | €518.0m | €498.0m | €51.4m | −€24.4m | €129.8m |
| Shares outstanding | 238m | 252m | 252m | 247m | 247m | 247m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash from operations | €635.0m | €524.3m | €407.5m | €412.0m | €130.4m | €157.1m |
| Capital spending | −€228.9m | −€181.4m | −€123.2m | −€91.1m | −€49.8m | −€40.6m |
| Free cash flow | €406.1m | €342.9m | €284.3m | €320.9m | €80.6m | €116.5m |
| Dividends paid | −€78.2m | −€67.1m | −€2.0m | −€19.3m | −€249.7m | −€8.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €563.6m | €600.0m | €612.7m | €509.6m | €540.2m | €584.5m | €587.3m | €485.6m |
| Gross profit | — | €307.3m | €272.8m | €220.3m | €231.9m | €250.6m | €240.3m | €196.1m |
| Operating income | €117.9m | €148.9m | €150.2m | €86.4m | €114.2m | €129.8m | €112.4m | €84.7m |
| Net income | €44.4m | €66.5m | €81.0m | €28.5m | €14.5m | €50.3m | €46.1m | €28.8m |
| Diluted earnings per share | 0.19 | 0.28 | 0.34 | 0.11 | 0.06 | 0.20 | 0.18 | 0.11 |
| Cash from operations | €227.0m | €187.0m | €635.0m | €498.0m | €412.0m | €183.0m | €524.0m | €403.0m |
| Capital spending | −€51.0m | −€52.0m | −€228.0m | −€135.0m | −€97.0m | −€46.0m | −€181.0m | −€150.0m |
| Free cash flow | €176.0m | €135.0m | €407.0m | €363.0m | €315.0m | €137.0m | €343.0m | €253.0m |
| Total assets | €3.63bn | €3.46bn | €3.50bn | €3.59bn | €3.64bn | €3.67bn | €3.44bn | €3.34bn |
| Cash and short-term investments | — | — | €175.5m | €252.5m | €302.3m | €272.3m | €194.6m | €177.7m |
| Debt | €2.34bn | €1.98bn | €2.04bn | €2.04bn | €2.04bn | €2.00bn | €2.00bn | €2.00bn |
| Shareholders' equity | €225.9m | €340.8m | €325.1m | €450.5m | €499.9m | €569.5m | €518.0m | €472.0m |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 40.1% | 32.7% | 40.5% | 36.7% | 79.0% | 83.7% |
| Operating margin | 20.1% | 19.3% | 21.3% | 17.9% | 4.1% | -1.5% |
| Net margin | 7.8% | 4.9% | 4.1% | 5.1% | -7.1% | -12.9% |
| Return on equity | 53.6% | 19.0% | 13.7% | 140.3% | 235.7% | -38.5% |
| Return on assets | 5.0% | 2.9% | 2.1% | 2.6% | -2.7% | -4.7% |
| Free cash flow yield | 9.2% | 9.6% | 8.8% | 7.4% | — | — |
| Revenue growth | 12.1% | 21.4% | 17.3% | 72.6% | 109.7% | — |
| Earnings growth | 76.8% | 44.4% | -5.3% | -225.3% | 15.2% | — |
| Current ratio | 0.49x | 0.75x | 1.82x | 0.95x | 0.75x | 1.25x |
| Debt to equity | 6.17x | 3.79x | 4.16x | 36.76x | -67.31x | 5.27x |
| Equity ratio | 9.3% | 15.1% | 15.2% | 1.9% | -1.1% | 12.2% |
| Interest coverage | 2.42x | 1.88x | 1.64x | 2.12x | 0.40x | -0.13x |
| Buybacks as a share of market value | -0.6% | -2.2% | 2.1% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 17.2% | 42.7% | — |
| Operating income | 21.7% | — | — |
| Net income | 34.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 42.3% | 41.1% | 40.1% | — |
| Operating margin | 20.0% | 19.9% | 17.6% | — |
| Net margin | 6.4% | 5.7% | 3.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | 30.6 | 32.8 | 36.3 |
| Price to sales | 2.4 | 1.6 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 18 May 2026.
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Paid in the year | 0.44 | 0.30 | 0.26 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.