264.00
-1.12%
Close of 9 Nov 2026, in SEK
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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
€2.38bn
FY2016FY2025
Net income
€77.5m
FY2016FY2025
Free cash flow
€185.6m
FY2016FY2025
Shareholders' equity
€532.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €2.38bn | €2.09bn | €1.75bn | €1.51bn | €1.38bn | €997.8m | €844.4m | €671.6m | €580.2m | €497.3m |
| Gross profit | €550.7m | €448.3m | €359.4m | €335.6m | €395.0m | €263.5m | €206.8m | €160.7m | €142.0m | €120.0m |
| Research and development | — | €7.0m | €5.6m | €4.3m | €2.7m | €2.3m | €1.5m | — | — | — |
| Operating income | €162.4m | €70.3m | €61.4m | €55.5m | €159.4m | €61.3m | €46.5m | €35.5m | €28.8m | €17.6m |
| Net income | €77.5m | €16.7m | €17.6m | €11.8m | €101.8m | €25.8m | €22.5m | €24.6m | €18.7m | €4.3m |
| Diluted earnings per share | 0.51 | 0.11 | 0.12 | 0.08 | 0.69 | 0.17 | 0.17 | 0.18 | 0.14 | 0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €2.42bn | €2.14bn | €1.94bn | €1.83bn | €1.68bn | €1.11bn | €1.02bn | €611.2m | €503.8m | €419.5m |
| Cash and short-term investments | €88.2m | €82.8m | €64.4m | €49.1m | €277.9m | €86.8m | €36.4m | €38.4m | €45.4m | €18.4m |
| Total liabilities | €1.88bn | €1.65bn | €1.41bn | €1.32bn | €1.12bn | €627.4m | €659.8m | €287.3m | €199.8m | €320.7m |
| Debt | €1.44bn | €1.24bn | €1.00bn | €940.0m | €764.6m | €367.4m | €451.5m | €228.0m | €57.2m | €210.7m |
| Shareholders' equity | €532.8m | €464.8m | €496.5m | €474.7m | €517.6m | €448.0m | €317.4m | €319.4m | €300.3m | €92.7m |
| Shares outstanding | 151m | 150m | 150m | 149m | 148m | 148m | 133m | 133m | 133m | 97m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €343.7m | €261.9m | €205.0m | €170.2m | €216.7m | €156.0m | €87.3m | €44.4m | €50.3m | €25.9m |
| Capital spending | −€158.1m | −€122.3m | −€110.5m | −€140.6m | −€102.2m | −€72.5m | −€63.2m | −€41.0m | −€29.4m | −€54.3m |
| Free cash flow | €185.6m | €139.6m | €94.5m | €29.6m | €114.5m | €83.5m | €24.1m | €3.4m | €20.9m | −€28.4m |
| Dividends paid | −€22.5m | −€18.0m | −€17.9m | −€17.8m | −€10.4m | −€10.4m | −€10.4m | −€10.4m | — | — |
Financial ratios
Data as of 24 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 23.2% | 21.4% | 20.6% | 22.2% | 28.7% | 26.4% | — |
| Operating margin | 6.8% | 3.5% | 4.3% | 3.6% | 11.9% | 5.6% | — |
| Net margin | 3.3% | 0.8% | 1.0% | 0.8% | 7.4% | 2.6% | — |
| Return on equity | 14.5% | 3.6% | 3.5% | 2.5% | 19.7% | 5.8% | — |
| Return on assets | 3.2% | 0.8% | 0.9% | 0.6% | 6.0% | 2.3% | — |
| Free cash flow yield | 1.2% | 0.9% | 0.8% | 0.8% | 0.8% | 0.6% | — |
| Revenue growth | 13.7% | 19.8% | 15.6% | 9.6% | 38.0% | 18.2% | — |
| Earnings growth | 364.1% | -5.1% | 49.2% | -88.4% | 294.6% | 14.7% | — |
| Current ratio | 0.70x | 0.79x | 0.76x | 0.95x | 1.70x | 1.27x | — |
| Debt to equity | 1.81x | 1.72x | 1.28x | 1.21x | 0.90x | 0.45x | — |
| Equity ratio | 22.0% | 21.7% | 25.6% | 25.9% | 30.7% | 40.3% | — |
| Interest coverage | 2.54x | 1.24x | 1.46x | 1.57x | 8.15x | 3.06x | — |
| R&D as a share of sales | — | 0.3% | 0.3% | 0.3% | 0.2% | 0.2% | 0.2% |
| Buybacks as a share of market value | -0.6% | -0.3% | -0.6% | -0.2% | 0.0% | -11.3% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.3% | 19.0% | 19.1% |
| Operating income | 43.0% | 21.5% | 22.4% |
| Net income | 87.3% | 24.6% | 26.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.3% | 21.9% | 23.3% | 23.5% |
| Operating margin | 5.2% | 4.5% | 5.6% | 5.5% |
| Net margin | 2.1% | 1.6% | 2.5% | 2.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 39.4 | 158.3 | 117.0 | 161.4 | 49.4 | 86.5 | 58.6 | 36.2 | 40.9 |
| Price to sales | 1.3 | 1.3 | 1.2 | 1.3 | 3.6 | 2.2 | 1.6 | 1.3 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 30 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.15 | 0.12 | 0.12 | 0.12 | 0.07 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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