O
27.85
+0.18%
Close of 9 Nov 2026, in EUR
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At a glance
Figures in EUR, from our data supplier.
Revenue
€665.3m
FY2016FY2025
Net income
€64.0m
FY2016FY2025
Free cash flow
€26.5m
FY2016FY2025
Shareholders' equity
€367.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €665.3m | €656.9m | €630.6m | €583.7m | €462.2m | €414.9m | €408.7m | €384.3m | €345.2m | €321.5m |
| Gross profit | €277.3m | €266.4m | €235.6m | €219.9m | €192.9m | €210.8m | €208.6m | €193.3m | €181.8m | €169.1m |
| Research and development | €10.8m | €9.7m | — | €5.4m | €4.9m | €678,000 | €641,000 | €600 | €542,000 | €523,000 |
| Operating income | €80.6m | €81.4m | €54.9m | −€16.9m | €59.4m | €56.4m | €52.5m | €50.1m | €44.7m | €40.4m |
| Net income | €64.0m | €61.7m | €38.3m | €8.0m | €47.9m | €40.6m | €41.8m | €40.8m | €36.0m | €32.5m |
| Diluted earnings per share | 3.09 | 3.02 | 1.85 | 0.39 | 2.30 | 1.97 | 2.02 | 1.98 | 1.74 | 1.57 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €607.8m | €539.6m | €490.0m | €489.7m | €490.2m | €420.4m | €397.4m | €365.4m | €338.6m | €328.5m |
| Cash and short-term investments | €56.3m | €50.8m | €31.5m | €61.2m | €58.7m | €45.1m | €33.8m | €18.5m | €28.6m | €20.3m |
| Total liabilities | €238.4m | €214.0m | €200.7m | €207.9m | €192.6m | €152.2m | €133.5m | €128.3m | €121.6m | €125.0m |
| Debt | €42.6m | €10.5m | €7.0m | €4.1m | €3.2m | €3.6m | €3.6m | €4.3m | €13.2m | €24.6m |
| Shareholders' equity | €367.1m | €324.2m | €288.6m | €279.2m | €294.0m | €265.0m | €260.6m | €234.0m | €215.8m | €201.8m |
| Shares outstanding | 21m | 20m | 21m | 21m | 21m | 21m | 21m | 21m | 21m | 21m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €80.8m | €86.1m | €28.0m | €67.2m | €89.6m | €65.8m | €67.3m | €63.0m | €57.1m | €61.2m |
| Capital spending | −€54.3m | −€39.5m | −€25.6m | −€37.4m | −€31.2m | −€31.5m | −€31.3m | −€32.3m | −€22.1m | −€18.5m |
| Free cash flow | €26.5m | €46.6m | €2.4m | €29.8m | €58.4m | €34.3m | €36.0m | €30.7m | €35.0m | €42.7m |
| Dividends paid | −€27.0m | −€24.9m | −€25.3m | −€25.3m | −€23.2m | −€20.8m | −€18.8m | −€16.6m | −€15.6m | −€14.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €224.4m | €147.9m | €151.1m | €186.2m | €195.1m | €132.8m | €146.9m | €184.9m |
| Gross profit | €94.2m | €62.6m | €63.0m | €80.0m | €80.0m | €54.3m | €58.0m | €78.5m |
| Operating income | €31.8m | €10.3m | €16.0m | €27.0m | €26.3m | €12.4m | €9.4m | €29.8m |
| Net income | €23.0m | €5.7m | €17.0m | €20.2m | €17.2m | €9.6m | €7.4m | €23.1m |
| Diluted earnings per share | 1.11 | 0.28 | 0.82 | 0.98 | 0.83 | 0.46 | 0.36 | 1.13 |
| Cash from operations | €40.0m | −€10.0m | €18.0m | €49.0m | €32.0m | −€19.0m | €21.0m | €38.0m |
| Capital spending | −€13.0m | −€11.0m | −€14.0m | −€17.0m | −€11.0m | −€10.0m | −€13.0m | −€11.0m |
| Free cash flow | €27.0m | −€21.0m | €4.0m | €32.0m | €21.0m | −€29.0m | €8.0m | €27.0m |
| Total assets | €791.2m | €702.1m | €607.8m | €568.5m | €595.4m | €548.6m | €539.6m | €527.8m |
| Cash and short-term investments | €63.1m | €64.8m | €56.3m | €59.9m | €40.9m | €34.7m | €50.8m | €44.4m |
| Debt | €63.4m | €65.3m | €42.6m | €24.1m | €24.2m | €23.9m | €10.5m | €8.3m |
| Shareholders' equity | €367.4m | €371.0m | €367.1m | €345.7m | €326.4m | €337.4m | €324.2m | €317.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.5% | 9.9% | 7.9% |
| Operating income | — | 7.4% | 7.8% |
| Net income | 100.2% | 9.6% | 11.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 41.1% | 39.4% | 41.1% | 44.8% |
| Operating margin | 12.2% | 7.9% | 9.3% | 10.5% |
| Net margin | 9.5% | 6.8% | 7.6% | 8.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 10.1 | 9.7 | 15.2 | 86.0 | 22.3 | 24.6 | 20.4 | 15.9 | 17.2 | 17.9 |
| Price to sales | 1.0 | 0.9 | 0.9 | 1.2 | 2.3 | 2.4 | 2.1 | 1.7 | 1.8 | 1.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 35 years. Last went ex-dividend on 22 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.35 | 1.30 | 1.20 | 1.20 | 1.20 | 1.10 | 1.00 | 0.90 |
- 2-for-1 split · 8 Apr 2011
- 2-for-1 split · 5 Apr 2006
- 2-for-1 split · 10 Apr 2003
- 1-to-1 reverse split · 13 Sept 2001
- 2-for-1 split · 11 Mar 1994
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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