N 
28.70
-1.03%
Close of 9 Nov 2026, in CHF
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
€1.45bn
FY2016FY2025
Net income
€174.0m
FY2016FY2025
Free cash flow
€61.1m
FY2016FY2025
Shareholders' equity
€1.25bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €1.45bn | €1.71bn | €1.97bn | €1.52bn | €1.05bn | €965.3m | €876.6m | €833.9m | €827.9m | €860.8m |
| Gross profit | €460.5m | €494.0m | €394.6m | €279.8m | €268.0m | €242.3m | €218.5m | €198.1m | €195.4m | €201.6m |
| Operating income | €199.5m | €225.9m | €129.4m | €97.0m | €83.3m | €37.3m | €37.6m | €22.6m | €34.1m | €42.2m |
| Net income | €174.0m | €179.1m | €107.1m | €99.1m | €78.6m | €40.1m | €9.5m | €13.3m | €29.8m | €29.5m |
| Diluted earnings per share | 5.26 | 5.41 | 3.24 | 3.00 | 2.40 | 1.21 | 0.29 | 0.40 | 0.90 | 0.89 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €1.89bn | €1.79bn | €1.82bn | €1.66bn | €1.55bn | €1.37bn | €1.33bn | €1.28bn | €1.28bn | €1.31bn |
| Cash and short-term investments | €259.0m | €183.3m | €122.2m | €169.3m | €282.4m | €161.3m | €148.3m | €166.9m | €198.5m | €213.4m |
| Total liabilities | €627.7m | €670.8m | €766.7m | €699.7m | €729.3m | €686.9m | €675.0m | €611.7m | €600.9m | €627.5m |
| Debt | €111.1m | €105.0m | €113.4m | €101.7m | €82.1m | €11.6m | €10.6m | €16.4m | €15.2m | €21.1m |
| Shareholders' equity | €1.25bn | €1.10bn | €1.04bn | €941.7m | €716.2m | €665.5m | €648.4m | €659.6m | €673.7m | €678.3m |
| Shares outstanding | 33m | 33m | 33m | 33m | 33m | 33m | 33m | 33m | 33m | 33m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €220.0m | €213.0m | €80.1m | −€46.3m | €182.5m | €111.1m | €40.8m | €42.9m | €64.4m | €86.0m |
| Capital spending | −€158.9m | −€135.8m | −€103.4m | −€88.6m | −€61.5m | −€64.2m | −€57.2m | −€60.6m | −€50.6m | −€54.4m |
| Free cash flow | €61.1m | €77.2m | −€23.3m | −€134.9m | €120.9m | €46.8m | −€16.4m | −€17.7m | €13.8m | €31.7m |
| Dividends paid | −€29.7m | −€28.4m | −€28.5m | −€27.4m | −€21.0m | −€21.9m | −€20.6m | −€26.2m | −€28.8m | −€28.2m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €614.9m | €749.8m | €814.9m | €900.8m | €866.4m | €1.01bn | €905.4m | €718.6m |
| Gross profit | €63.4m | €114.4m | €91.9m | €121.8m | €102.4m | €287.6m | €99.6m | €159.8m |
| Operating income | €63.4m | €114.4m | €91.9m | €121.8m | €102.4m | €47.8m | €76.0m | €17.5m |
| Net income | €42.3m | €109.3m | €70.1m | €102.3m | €77.0m | €38.6m | €63.8m | €12.9m |
| Diluted earnings per share | 1.28 | 3.30 | 2.12 | 3.09 | 2.33 | 1.17 | 1.93 | 0.39 |
| Cash from operations | — | €219.0m | €78.0m | €276.0m | €43.0m | €258.0m | −€166.0m | −€38.0m |
| Capital spending | — | — | — | −€276.0m | — | −€47.0m | −€48.0m | −€62.0m |
| Free cash flow | — | — | — | €0 | — | €211.0m | −€214.0m | −€100.0m |
| Total assets | — | €1.89bn | €1.96bn | €1.92bn | €1.86bn | €1.82bn | €1.68bn | €1.54bn |
| Cash and short-term investments | — | €259.0m | — | €196.9m | — | €122.2m | €38.4m | €157.6m |
| Debt | — | €7.6m | — | €13.5m | — | €20.2m | — | €17.9m |
| Shareholders' equity | — | €1.25bn | €1.22bn | €1.18bn | €1.08bn | €1.04bn | €910.2m | €876.7m |
Financial ratios
Data as of 5 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 31.8% | 28.9% | 20.1% | 18.6% | 25.6% | 25.1% |
| Operating margin | 14.3% | 13.5% | 6.6% | 6.0% | 8.4% | 3.0% |
| Net margin | 12.0% | 10.5% | 5.4% | 6.6% | 7.5% | 4.2% |
| Return on equity | 14.0% | 15.1% | 10.3% | 10.5% | 9.8% | 6.0% |
| Return on assets | 9.2% | 9.3% | 5.9% | 6.0% | 5.1% | 2.9% |
| Free cash flow yield | 42.6% | 39.2% | 19.2% | 4.4% | 27.7% | 19.7% |
| Revenue growth | -8.8% | -13.1% | 30.7% | 33.9% | 8.4% | 10.1% |
| Earnings growth | 4.4% | 67.2% | 8.1% | 17.4% | 95.8% | 322.5% |
| Current ratio | 2.25x | 1.76x | 1.46x | 1.52x | 1.41x | 1.55x |
| Debt to equity | 0.08x | 0.08x | 0.10x | 0.10x | 0.09x | 0.02x |
| Equity ratio | 66.0% | 61.6% | 57.0% | 56.9% | 52.0% | 48.7% |
| Interest coverage | 51.63x | 35.57x | 19.03x | 21.54x | 25.41x | 8.52x |
| Buybacks as a share of market value | -0.0% | 0.0% | -0.0% | -1.0% | 0.9% | -0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.6% | 8.5% | 4.7% |
| Operating income | 27.2% | 39.8% | 15.2% |
| Net income | 20.6% | 34.1% | 16.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 30.2% | 24.5% | 24.7% | 24.4% |
| Operating margin | 13.5% | 9.8% | 8.9% | 7.4% |
| Net margin | 11.2% | 8.4% | 7.8% | 6.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.6 | 6.8 | 12.1 | 15.1 | 19.5 | 23.4 | 115.2 | 73.9 | 29.1 | 27.4 |
| Price to sales | 0.8 | 0.7 | 0.7 | 1.0 | 1.5 | 1.0 | 1.3 | 1.2 | 1.1 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 30 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.90 | 0.90 | 0.90 | 0.85 | 0.85 | 0.75 | 0.75 | 0.75 |
- 10-for-1 split · 27 Jun 2008
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.