T 
234.60
+0.95%
Close of 9 Nov 2026, in DKK
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$1.39bn
FY2016FY2025
Net income
$296.0m
FY2016FY2025
Free cash flow
$197.6m
FY2016FY2025
Shareholders' equity
$2.20bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.39bn | $1.56bn | $1.52bn | $1.44bn | $619.5m | $747.4m | $692.6m | $635.4m | $657.0m | $680.1m |
| Gross profit | $474.2m | $948.7m | $940.8m | $844.9m | $247.7m | $397.5m | $314.7m | $235.4m | $274.1m | $314.6m |
| Operating income | $355.6m | $658.8m | $698.6m | $601.4m | $1.4m | $138.9m | $205.9m | $4.5m | $39.5m | −$107.2m |
| Net income | $296.0m | $612.5m | $648.3m | $562.8m | −$42.1m | $88.1m | $166.0m | −$34.8m | $2.4m | −$142.5m |
| Diluted earnings per share | 2.97 | 6.26 | 7.40 | 6.80 | -0.52 | 1.18 | 2.21 | -0.47 | 0.03 | -2.30 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3.36bn | $3.47bn | $2.87bn | $2.61bn | $2.33bn | $2.00bn | $2.00bn | $1.71bn | $1.65bn | $1.57bn |
| Cash and short-term investments | $163.1m | $271.9m | $265.5m | $320.5m | $144.8m | $89.5m | $72.5m | $127.4m | $134.2m | $76.0m |
| Total liabilities | $1.16bn | $1.39bn | $1.20bn | $1.11bn | $1.28bn | $981.2m | $996.2m | $867.2m | $855.5m | $790.7m |
| Debt | $1.01bn | $1.23bn | $1.06bn | $966.9m | $1.14bn | $842.4m | $855.4m | $749.6m | $749.1m | $683.2m |
| Shareholders' equity | $2.20bn | $2.07bn | $1.66bn | $1.50bn | $1.05bn | $1.02bn | $1.01bn | $847.2m | $791.0m | $780.6m |
| Shares outstanding | 100m | 98m | 88m | 83m | 81m | 74m | 75m | 74m | 74m | 62m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $517.6m | $826.8m | $805.0m | $501.9m | $47.9m | $235.8m | $171.1m | $70.7m | $109.8m | $171.1m |
| Capital spending | −$320.1m | −$583.5m | −$510.2m | −$120.0m | −$319.8m | −$173.1m | −$384.3m | −$202.4m | −$145.1m | −$119.4m |
| Free cash flow | $197.6m | $243.3m | $294.8m | $382.0m | −$271.9m | $62.8m | −$213.3m | −$131.7m | −$35.3m | $51.7m |
| Dividends paid | −$207.2m | −$553.3m | −$586.4m | −$166.7m | −$166.7m | −$70.6m | −$70.6m | −$70.6m | −$1.2m | −$25.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $651.5m | $395.4m | $355.0m | $343.1m | $315.2m | $329.1m | $305.4m | $372.1m |
| Gross profit | $373.3m | $157.6m | $134.8m | $124.4m | $158.1m | $165.4m | $162.8m | $216.7m |
| Operating income | $349.5m | $135.0m | $98.2m | $97.4m | $74.6m | $82.3m | $89.5m | $142.3m |
| Net income | $332.6m | $120.4m | $87.4m | $77.7m | $58.6m | $62.9m | $77.7m | $130.5m |
| Diluted earnings per share | 3.19 | 1.16 | 0.88 | 0.78 | 0.59 | 0.63 | 0.79 | 1.33 |
| Cash from operations | $313.0m | $133.0m | $132.0m | $114.0m | $161.0m | $83.0m | $120.0m | $237.0m |
| Capital spending | −$73.0m | −$180.0m | −$218.0m | −$35.0m | −$28.0m | −$28.0m | −$146.0m | −$173.0m |
| Free cash flow | $240.0m | −$47.0m | −$86.0m | $79.0m | $133.0m | $55.0m | −$26.0m | $64.0m |
| Total assets | $3.82bn | $3.53bn | $3.36bn | $3.19bn | $3.40bn | $3.49bn | $3.47bn | $3.41bn |
| Cash and short-term investments | $368.2m | $196.2m | $163.1m | $218.8m | $369.8m | $362.3m | $271.9m | $398.3m |
| Debt | $237.0m | $1.08bn | $1.00bn | $898.9m | $1.13bn | $1.18bn | $1.23bn | $1.21bn |
| Shareholders' equity | $2.55bn | $2.27bn | $2.20bn | $2.14bn | $2.11bn | $2.14bn | $2.07bn | $2.04bn |
Financial ratios
Data as of 26 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 34.1% | 60.8% | 61.9% | 58.5% | 40.0% | 53.2% |
| Operating margin | 25.6% | 43.6% | 46.9% | 41.9% | 0.3% | 18.3% |
| Net margin | 21.3% | 39.3% | 42.6% | 39.0% | -6.8% | 11.8% |
| Return on equity | 13.5% | 29.5% | 39.0% | 37.5% | -4.0% | 8.7% |
| Return on assets | 8.8% | 17.7% | 22.6% | 21.5% | -1.8% | 4.4% |
| Free cash flow yield | 3.2% | 5.5% | 5.7% | 2.8% | 1.7% | 2.1% |
| Revenue growth | -10.9% | 2.6% | 5.3% | 133.0% | -17.1% | 7.9% |
| Earnings growth | -51.7% | -5.5% | 15.2% | -1436.7% | -147.8% | -46.9% |
| Current ratio | 1.33x | 2.16x | 2.60x | 3.58x | 1.18x | 1.24x |
| Debt to equity | 0.46x | 0.59x | 0.64x | 0.64x | 1.08x | 0.83x |
| Equity ratio | 65.4% | 59.8% | 58.0% | 57.4% | 45.1% | 50.9% |
| Interest coverage | 4.64x | 9.67x | 11.71x | 12.43x | 0.04x | 2.90x |
| Buybacks as a share of market value | -2.0% | -11.7% | -5.8% | -2.6% | -8.5% | 1.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.3% | 13.2% | 9.9% |
| Operating income | -16.1% | 20.7% | 9.5% |
| Net income | -19.3% | 27.4% | 8.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 48.2% | 54.3% | 52.9% | 50.4% |
| Operating margin | 34.4% | 39.1% | 33.7% | 26.1% |
| Net margin | 30.8% | 35.8% | 29.7% | 21.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 6.6 | 3.4 | 4.3 | 4.5 | -15.4 | 5.9 |
| Price to sales | 1.4 | 1.4 | 1.8 | 1.8 | 1.0 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 9 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 3.847 | 2.62 | 8.86 | 7.01 | 2.04 | 0.95 | 0.02 | 0.40 |
- 1-to-1 reverse split · 19 Apr 2016
- 1500-to-1 reverse split · 24 Sept 2015
- 2-for-1 split · 23 May 2007
- 2-for-1 split · 4 May 2004
- 10-for-1 split · 11 Jun 2001
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.