N 
65.60
+1.31%
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
€1.19bn
FY2016FY2025
Net income
€217.2m
FY2016FY2025
Free cash flow
€368.1m
FY2016FY2025
Shareholders' equity
€929.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €1.19bn | €995.6m | €851.6m | €801.8m | €681.5m | €596.9m | €556.9m | €461.3m | €395.6m | €337.3m |
| Research and development | €230.8m | €213.9m | €201.6m | €182.6m | €148.9m | €142.0m | €133.3m | €110.4m | €92.0m | €80.8m |
| Operating income | €299.6m | €234.2m | €202.6m | €198.1m | €172.0m | €122.5m | €124.0m | €97.8m | €86.4m | €69.7m |
| Net income | €217.2m | €175.4m | €161.3m | €161.9m | €134.6m | €96.9m | €127.2m | €76.5m | €74.7m | €46.9m |
| Diluted earnings per share | 1.88 | 1.52 | 1.40 | 1.40 | 1.17 | 0.84 | 1.10 | 0.66 | 0.65 | 0.41 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €2.18bn | €2.14bn | €1.27bn | €1.20bn | €1.05bn | €889.7m | €857.2m | €580.6m | €460.8m | €454.7m |
| Cash and short-term investments | €258.4m | €210.5m | €269.4m | €199.3m | €158.3m | €140.9m | €210.2m | €125.0m | €104.1m | €112.5m |
| Total liabilities | €1.21bn | €1.19bn | €492.4m | €508.9m | €512.5m | €472.4m | €508.6m | €331.0m | €232.8m | €252.6m |
| Debt | €404.5m | €569.9m | €76.3m | €149.2m | €194.7m | €197.9m | €258.4m | €130.6m | €79.9m | €96.2m |
| Shareholders' equity | €929.0m | €906.5m | €746.6m | €653.3m | €525.9m | €403.9m | €348.5m | €249.5m | €225.5m | €199.3m |
| Shares outstanding | 116m | 116m | 116m | 116m | 116m | 116m | 116m | 116m | 116m | 116m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €381.9m | €306.8m | €252.9m | €213.8m | €214.4m | €157.5m | €160.4m | €99.7m | €97.4m | €79.7m |
| Capital spending | −€13.7m | −€13.7m | −€12.7m | −€19.0m | −€9.9m | −€9.1m | −€19.3m | −€11.3m | −€8.8m | −€7.4m |
| Free cash flow | €368.1m | €293.1m | €240.2m | €194.8m | €204.4m | €148.4m | €141.1m | €88.5m | €88.6m | €72.3m |
| Dividends paid | −€63.5m | −€55.4m | −€52.0m | −€45.0m | −€34.6m | −€32.3m | −€31.2m | −€28.9m | −€25.0m | −€19.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €327.7m | €313.1m | €325.3m | €293.1m | €290.0m | €282.8m | €290.9m | €253.0m |
| Operating income | €79.0m | €79.2m | €89.3m | €77.5m | €70.5m | €62.2m | €73.7m | €57.9m |
| Net income | €66.0m | €60.4m | €64.7m | €55.3m | €52.4m | €44.9m | €51.7m | €39.3m |
| Diluted earnings per share | 0.57 | 0.52 | 0.56 | 0.48 | 0.45 | 0.39 | 0.45 | 0.34 |
| Cash from operations | €29.0m | €139.0m | €101.0m | €91.0m | €60.0m | €139.0m | €100.0m | €64.0m |
| Capital spending | −€4.0m | −€3.0m | −€4.0m | −€3.0m | −€5.0m | — | −€4.0m | −€3.0m |
| Free cash flow | €25.0m | €136.0m | €97.0m | €88.0m | €55.0m | — | €96.0m | €61.0m |
| Total assets | €2.42bn | €2.22bn | €2.18bn | €2.04bn | €2.00bn | €2.14bn | €2.14bn | €2.09bn |
| Cash and short-term investments | €392.1m | €291.8m | €258.4m | €307.5m | €232.4m | €267.6m | €210.5m | €264.4m |
| Debt | €517.8m | €312.2m | €417.8m | €495.2m | €516.1m | €516.1m | €569.9m | €693.0m |
| Shareholders' equity | €1.02bn | €1.01bn | €929.0m | €863.6m | €810.7m | €898.0m | €906.5m | €780.8m |
Financial ratios
Data as of 10 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 25.1% | 24.7% | 24.4% | 25.2% | 25.4% | 20.6% |
| Net margin | 18.2% | 17.6% | 18.9% | 20.2% | 19.8% | 16.2% |
| Return on equity | 23.4% | 19.4% | 21.6% | 24.8% | 25.6% | 24.0% |
| Return on assets | 10.0% | 8.2% | 12.7% | 13.5% | 12.8% | 10.9% |
| Free cash flow yield | 5.1% | 4.1% | 3.4% | 3.0% | 2.9% | 2.1% |
| Revenue growth | 19.7% | 16.9% | 6.2% | 17.7% | 14.2% | 7.2% |
| Earnings growth | 23.8% | 8.8% | -0.4% | 20.3% | 38.9% | -23.8% |
| Current ratio | 0.76x | 0.77x | 1.04x | 0.81x | 0.68x | 0.80x |
| Debt to equity | 0.40x | 0.57x | 0.03x | 0.13x | 0.27x | 0.36x |
| Equity ratio | 42.7% | 42.4% | 58.6% | 54.5% | 49.9% | 45.4% |
| Interest coverage | 15.83x | 14.67x | 63.34x | 77.01x | 63.15x | 41.20x |
| R&D as a share of sales | 19.4% | 21.5% | 23.7% | 22.8% | 21.8% | 23.8% |
| Buybacks as a share of market value | -0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.1% | 14.8% | 15.4% |
| Operating income | 14.8% | 19.6% | 19.0% |
| Net income | 10.3% | 17.5% | 19.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 24.4% | 24.3% | 24.0% | 23.2% |
| Net margin | 18.0% | 18.6% | 18.5% | 18.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 49.4 | 61.6 | 56.2 | 34.0 | 96.8 | 72.0 | 53.4 | 48.2 | 38.6 | 45.3 |
| Price to sales | 9.0 | 10.9 | 10.6 | 6.9 | 19.1 | 11.7 | 12.2 | 8.0 | 7.3 | 6.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 16 years. Last went ex-dividend on 22 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.68 | 0.55 | 0.48 | 0.45 | 0.39 | 0.30 | 0.28 | 0.27 |
- 3-for-1 split · 28 Jun 2019
- 4-for-1 split · 30 Jun 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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