S
88.00
+2.33%
Close of 9 Nov 2026, in EUR
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At a glance
Figures in EUR, from our data supplier.
Net income
€125.3m
FY2016FY2025
Free cash flow
−€3.9m
FY2016FY2025
Shareholders' equity
€2.52bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income | −€3.9m | −€3.1m | −€4.7m | €597.0m | €296.0m | −€308.0m | €36.0m | €275.0m | €333.0m | €194.0m |
| Net income | €125.3m | €104.7m | €127.3m | €594.0m | €293.0m | −€316.0m | €32.0m | €271.0m | €328.0m | €190.0m |
| Diluted earnings per share | 5.86 | 4.90 | 5.96 | 27.79 | 13.71 | -14.78 | 1.50 | 12.68 | 15.35 | 8.89 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €2.73bn | €2.73bn | €2.75bn | €3.73bn | €3.14bn | €2.67bn | €3.38bn | €3.70bn | €3.42bn | €3.44bn |
| Cash and short-term investments | €3.3m | €3.2m | €4.2m | €1.0m | −€343.0m | −€343.0m | −€343.0m | €1.0m | — | €1.0m |
| Total liabilities | €215.4m | €216.4m | €219.0m | €759.0m | €217.0m | €218.0m | €208.0m | €210.0m | €208.0m | €209.0m |
| Debt | €150.0m | €163.0m | €198.6m | €741.0m | €743.0m | €744.0m | €734.0m | €955.0m | €866.0m | €193.0m |
| Shareholders' equity | €2.52bn | €2.52bn | €2.54bn | €2.97bn | €2.93bn | €2.45bn | €3.17bn | €3.49bn | €3.21bn | €3.23bn |
| Shares outstanding | 21m | 21m | 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 | −€3.9m | −€3.1m | −€4.7m | €125.0m | €120.0m | €117.0m | €121.0m | €112.0m | €111.0m | €107.0m |
| Free cash flow | −€3.9m | −€3.1m | −€4.7m | €125.0m | €120.0m | €117.0m | €121.0m | €112.0m | €111.0m | €107.0m |
| Dividends paid | −€124,189 | −€124.2m | −€124.2m | −€119.0m | −€116.0m | −€116.0m | −€116.0m | −€112.0m | −€107.0m | −€103.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −€2.3m | −€2.2m | −€1.7m | −€1.5m | −€1.6m | −€4.7m | −€1.6m | −€1.0m |
| Net income | €96.4m | €28.1m | €97.2m | €28.7m | €76.0m | −€8.7m | €21.4m | €21.4m |
| Diluted earnings per share | 4.51 | 1.31 | 4.55 | 1.34 | 3.55 | -0.41 | 1.00 | 1.00 |
| Cash from operations | −€2.0m | €27.0m | −€1.0m | −€1.0m | −€1.0m | — | €130.0m | −€2.0m |
| Capital spending | — | −€27.0m | −€97.0m | — | −€75.0m | — | — | — |
| Free cash flow | — | €0 | −€98.0m | — | −€76.0m | — | — | — |
| Total assets | €2.77bn | €2.73bn | €2.77bn | €2.73bn | €2.77bn | €2.75bn | €3.79bn | €3.73bn |
| Cash and short-term investments | — | €3.3m | €68.6m | €3.2m | €52.0m | €4.2m | €68.0m | €1.0m |
| Debt | — | — | — | €63.0m | — | €198.6m | — | €198.0m |
| Shareholders' equity | €2.61bn | €2.52bn | €2.52bn | €2.52bn | €2.61bn | €2.54bn | €3.09bn | €2.97bn |
Financial ratios
Data as of 31 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 3409474.4% | -61060.0% | -51000.0% | 99.7% | 99.3% | 101.3% |
| Net margin | 3324813.5% | 2093960.0% | 2546860.0% | 99.2% | 98.3% | 103.9% |
| Return on equity | 5.0% | 4.2% | 5.0% | 20.0% | 10.0% | -12.9% |
| Return on assets | 4.6% | 3.8% | 4.6% | 15.9% | 9.3% | -11.8% |
| Revenue growth | -24.6% | 0.0% | -100.0% | 101.0% | -198.0% | -921.6% |
| Earnings growth | 19.7% | -17.8% | -78.6% | 102.7% | -192.7% | -1087.5% |
| Current ratio | 0.54x | 0.30x | 0.83x | 0.77x | 0.73x | 0.72x |
| Debt to equity | 0.06x | 0.06x | 0.08x | 0.07x | 0.25x | 0.30x |
| Equity ratio | 92.1% | 92.1% | 92.0% | 79.6% | 93.1% | 91.8% |
| Interest coverage | 39.54x | -0.89x | -0.82x | 199.00x | 98.67x | -77.00x |
| Buybacks as a share of market value | 0.0% | -0.1% | 0.1% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -98.2% | — | -64.7% |
| Operating income | — | -58.2% | — |
| Net income | -40.5% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -79545.1% | 97.7% | 96.7% | 98.4% |
| Net margin | 2622992.6% | 158.8% | 156.5% | 111.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.0 | 20.3 | 21.0 | 3.6 | 8.0 | -7.6 | 79.5 | 8.7 | 8.3 | 12.9 |
| Price to sales | — | — | — | 3.6 | 7.8 | -7.9 | 68.8 | 8.6 | 8.2 | 12.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 18 Aug 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 5.81 | 3.749 | 4.966 | 5.81 | 5.58 | 5.44 | 10.88 | 5.22 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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