R 
35.40
+2.76%
Close of 9 Nov 2026, in EUR
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
€19.41bn
FY2016FY2025
Net income
€588.9m
FY2016FY2025
Free cash flow
€650.3m
FY2016FY2025
Shareholders' equity
€5.39bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €19.41bn | €19.29bn | €19.15bn | €18.70bn | €14.69bn | €12.59bn | €13.74bn | €13.37bn | €13.31bn | €13.16bn |
| Gross profit | €4.87bn | €4.80bn | €4.51bn | €4.87bn | €3.87bn | €3.10bn | €3.43bn | €3.29bn | €3.26bn | €3.17bn |
| Operating income | €1.28bn | €845.9m | €1.26bn | €1.34bn | €911.8m | €68.8m | €486.4m | €409.8m | €322.3m | €397.0m |
| Net income | €588.9m | €339.1m | €774.7m | €922.3m | €597.2m | −€261.3m | €204.4m | €150.7m | €105.8m | €137.9m |
| Diluted earnings per share | 2.00 | 1.13 | 2.57 | 3.05 | 1.96 | -0.86 | 0.68 | 0.50 | 0.35 | 0.46 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €14.37bn | €14.41bn | €13.65bn | €12.91bn | €11.55bn | €9.96bn | €11.07bn | €10.21bn | €10.10bn | €10.76bn |
| Cash and short-term investments | €1.04bn | €883.3m | €912.7m | €895.4m | €573.5m | €685.4m | €514.3m | €544.9m | €563.6m | €619.3m |
| Total liabilities | €8.96bn | €8.84bn | €8.12bn | €7.63bn | €6.99bn | €6.17bn | €6.84bn | €5.97bn | €5.94bn | €6.38bn |
| Debt | €5.09bn | €4.73bn | €4.18bn | €3.55bn | €3.29bn | €3.03bn | €3.49bn | €3.51bn | €2.61bn | €2.80bn |
| Shareholders' equity | €5.39bn | €5.56bn | €5.53bn | €5.28bn | €4.56bn | €3.80bn | €4.23bn | €4.23bn | €4.16bn | €4.38bn |
| Shares outstanding | 295m | 300m | 302m | 303m | 305m | 303m | 303m | 302m | 303m | 302m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €795.8m | €876.9m | €942.1m | €840.1m | €717.6m | €706.9m | €552.8m | €284.7m | €290.3m | €364.4m |
| Capital spending | −€145.5m | −€132.1m | −€158.2m | −€131.4m | −€109.3m | −€109.6m | −€124.3m | −€117.8m | −€113.8m | −€120.8m |
| Free cash flow | €650.3m | €744.8m | €783.9m | €708.7m | €608.3m | €597.3m | €428.5m | €166.9m | €176.5m | €243.6m |
| Dividends paid | −€354.6m | −€357.2m | −€362.2m | −€230.1m | −€139.6m | −€139.6m | −€133.0m | −€126.8m | −€120.8m | −€120.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €4.99bn | €4.99bn | €4.82bn | €4.82bn | €4.89bn | €4.89bn | €4.83bn | €4.83bn |
| Gross profit | €1.26bn | €1.26bn | €1.21bn | €1.21bn | €1.22bn | €1.22bn | €1.19bn | €1.19bn |
| Operating income | €302.4m | €302.4m | €278.0m | €278.0m | €252.9m | €252.9m | €134.6m | €134.6m |
| Net income | €170.2m | €170.2m | €164.3m | €164.3m | €130.2m | €130.2m | −€6.4m | −€6.4m |
| Diluted earnings per share | 0.57 | 0.57 | 0.56 | 0.56 | 0.44 | 0.44 | -0.02 | -0.02 |
| Cash from operations | €133.0m | €133.0m | €335.0m | €335.0m | €62.0m | €62.0m | €291.0m | €291.0m |
| Capital spending | −€35.0m | −€35.0m | −€36.0m | −€36.0m | −€36.0m | −€36.0m | −€36.0m | −€36.0m |
| Free cash flow | €98.0m | €98.0m | €299.0m | €299.0m | €26.0m | €26.0m | €255.0m | €255.0m |
| Total assets | €15.78bn | €15.78bn | €14.37bn | €14.37bn | €14.06bn | €14.06bn | €14.41bn | €14.41bn |
| Cash and short-term investments | €1.03bn | €1.03bn | €1.04bn | €1.04bn | €439.3m | €439.3m | €883.3m | €883.3m |
| Debt | €4.53bn | €1.01bn | €5.09bn | €911.6m | €4.81bn | €1.24bn | €4.73bn | €1.12bn |
| Shareholders' equity | €5.51bn | €5.51bn | €5.39bn | €5.39bn | €5.13bn | €5.13bn | €5.56bn | €5.56bn |
Financial ratios
Data as of 5 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 25.1% | 24.9% | 23.5% | 26.0% | 26.4% | 24.6% |
| Operating margin | 6.6% | 4.4% | 6.6% | 7.2% | 6.2% | 0.5% |
| Net margin | 3.0% | 1.8% | 4.0% | 4.9% | 4.1% | -2.1% |
| Return on equity | 10.9% | 6.1% | 14.0% | 17.5% | 13.1% | -6.9% |
| Return on assets | 4.1% | 2.4% | 5.7% | 7.1% | 5.2% | -2.6% |
| Free cash flow yield | 9.2% | 9.7% | 10.5% | 9.2% | 7.8% | 7.7% |
| Revenue growth | 0.7% | 0.7% | 2.4% | 27.3% | 16.7% | -8.4% |
| Earnings growth | 73.7% | -56.2% | -16.0% | 54.4% | -328.5% | -227.8% |
| Current ratio | 1.69x | 1.47x | 1.75x | 1.55x | 1.31x | 1.59x |
| Debt to equity | 0.71x | 0.62x | 0.55x | 0.48x | 0.51x | 0.58x |
| Equity ratio | 37.5% | 38.6% | 40.5% | 40.9% | 39.5% | 38.1% |
| Interest coverage | 6.17x | 3.93x | 6.98x | 11.02x | 9.03x | 0.59x |
| Buybacks as a share of market value | 1.6% | 0.7% | 0.4% | 0.7% | -0.6% | -0.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.3% | 9.0% | 3.7% |
| Operating income | -1.6% | 79.5% | 12.9% |
| Net income | -13.9% | — | 42.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 25.0% | 24.9% | 25.1% | 24.8% |
| Operating margin | 5.5% | 6.2% | 5.5% | 4.5% |
| Net margin | 2.4% | 3.4% | 2.9% | 2.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 16.8 | 21.7 | 9.6 | 6.1 | 9.1 | -15.0 | 17.5 | 18.6 | 43.3 | 34.3 |
| Price to sales | 0.5 | 0.4 | 0.4 | 0.3 | 0.4 | 0.3 | 0.3 | 0.2 | 0.3 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 11 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.20 | 1.20 | 2.40 | 1.20 | 0.75 | 0.46 | 0.09 | 0.42 |
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.