L 
18.38
+0.22%
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
€9.42bn
FY2016FY2025
Net income
€203.0m
FY2016FY2025
Free cash flow
€980.0m
FY2016FY2025
Shareholders' equity
€888.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €9.42bn | €9.00bn | €8.13bn | €6.98bn | €5.17bn | €4.48bn | €7.29bn | €6.95bn | €7.18bn | €7.66bn |
| Operating income | €668.0m | €558.0m | €441.0m | €333.0m | €72.0m | −€564.0m | €384.0m | €367.0m | €330.0m | €312.0m |
| Net income | €203.0m | €168.0m | €144.0m | €161.0m | −€101.0m | −€660.0m | −€15.0m | €177.0m | €176.0m | €175.0m |
| Diluted earnings per share | 1.43 | 1.18 | 1.01 | 1.14 | -0.72 | -5.09 | -0.12 | 1.34 | 1.34 | 1.34 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €9.72bn | €9.52bn | €9.32bn | €8.98bn | €8.75bn | €8.50bn | €11.13bn | €10.79bn | €7.64bn | €7.75bn |
| Cash and short-term investments | €632.0m | €393.0m | €467.0m | €851.0m | €937.0m | €687.0m | €913.0m | €710.0m | €546.0m | €481.0m |
| Total liabilities | €8.70bn | €8.43bn | €8.37bn | €7.95bn | €7.81bn | €7.67bn | €9.46bn | €8.92bn | €5.72bn | €5.72bn |
| Debt | €5.13bn | €4.88bn | €4.94bn | €4.56bn | €4.37bn | €4.68bn | €5.46bn | €4.83bn | €1.94bn | €1.87bn |
| Shareholders' equity | €888.0m | €977.0m | €837.0m | €899.0m | €815.0m | €725.0m | €1.52bn | €1.71bn | €1.78bn | €1.90bn |
| Shares outstanding | 142m | 142m | 143m | 141m | 140m | 130m | 130m | 132m | 131m | 131m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €1.24bn | €1.29bn | €980.0m | €722.0m | €815.0m | €198.0m | €1.07bn | €944.0m | €376.0m | €506.0m |
| Capital spending | −€255.0m | −€293.0m | −€269.0m | −€177.0m | −€156.0m | −€179.0m | −€215.0m | −€215.0m | −€253.0m | −€253.0m |
| Free cash flow | €980.0m | €995.0m | €711.0m | €545.0m | €659.0m | €19.0m | €857.0m | €729.0m | €123.0m | €253.0m |
| Dividends paid | −€95.0m | −€92.0m | −€183.0m | −€70.0m | −€235.0m | — | −€172.0m | −€171.0m | −€170.0m | −€168.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €4.47bn | €5.03bn | €4.39bn | €4.78bn | €4.22bn | €4.40bn | €3.73bn | €3.92bn |
| Operating income | €249.0m | €381.0m | €638.0m | €766.0m | €588.0m | €346.0m | €109.0m | €250.0m |
| Net income | €31.0m | €179.0m | €24.0m | €188.0m | −€20.0m | €99.0m | €45.0m | €206.0m |
| Diluted earnings per share | 0.22 | 1.26 | 0.17 | 1.33 | -0.14 | 0.69 | 0.32 | 1.46 |
| Cash from operations | €398.0m | €853.0m | €382.0m | €777.0m | €362.0m | €711.0m | €189.0m | €180.0m |
| Capital spending | −€111.0m | −€140.0m | −€115.0m | −€168.0m | −€125.0m | −€185.0m | −€126.0m | −€44.0m |
| Free cash flow | €287.0m | €713.0m | €267.0m | €609.0m | €237.0m | €526.0m | €63.0m | €136.0m |
| Total assets | €9.38bn | €9.72bn | €9.45bn | €9.52bn | €9.47bn | €9.32bn | €8.70bn | €8.98bn |
| Cash and short-term investments | €431.0m | €632.0m | €396.0m | €393.0m | €365.0m | €467.0m | €400.0m | €851.0m |
| Debt | €1.04bn | €5.13bn | €5.10bn | €4.88bn | €5.17bn | €2.94bn | €4.51bn | €4.57bn |
| Shareholders' equity | €875.0m | €888.0m | €802.0m | €977.0m | €769.0m | €837.0m | €745.0m | €899.0m |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 7.1% | 6.5% | 5.4% | 4.5% | 1.4% | -11.2% |
| Net margin | 2.2% | 1.9% | 1.8% | 2.3% | -2.0% | -14.7% |
| Return on equity | 22.9% | 17.2% | 17.2% | 17.9% | -12.4% | -91.0% |
| Return on assets | 2.1% | 1.8% | 1.5% | 1.8% | -1.2% | -7.8% |
| Free cash flow yield | 57.6% | 61.2% | 48.1% | 35.0% | 38.1% | 16.0% |
| Revenue growth | 4.7% | 10.7% | 16.5% | 34.9% | 15.4% | -38.6% |
| Earnings growth | 20.8% | 16.7% | -10.6% | -259.4% | -84.7% | 4300.0% |
| Current ratio | 0.79x | 0.77x | 0.56x | 0.84x | 0.92x | 0.81x |
| Debt to equity | 3.14x | 2.84x | 3.51x | 3.19x | 3.35x | 3.90x |
| Equity ratio | 9.1% | 10.3% | 9.0% | 10.0% | 9.3% | 8.5% |
| Interest coverage | 2.48x | 2.26x | 2.18x | 2.21x | 0.52x | -3.61x |
| Buybacks as a share of market value | -0.2% | 0.5% | -1.1% | -0.8% | -8.1% | 0.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.5% | 16.0% | 2.4% |
| Operating income | 26.1% | — | 8.6% |
| Net income | 8.0% | — | 10.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 6.7% | 6.0% | 3.5% | 4.0% |
| Net margin | 2.0% | 2.0% | -0.2% | 0.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.2 | 17.1 | 18.2 | 17.6 | -33.8 | -4.0 | -168.2 | 16.4 | 20.0 | 19.7 |
| Price to sales | 0.3 | 0.3 | 0.3 | 0.4 | 0.7 | 0.6 | 0.3 | 0.4 | 0.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 6 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.67 | 0.67 | 0.65 | 1.30 | 0.50 | 1.30 | 1.30 | 1.30 |
- 1-to-1 reverse split · 24 Aug 2001
- 5-for-1 split · 23 Jun 1989
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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