W 
79.70
+0.38%
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
€5.49bn
FY2016FY2025
Net income
−€821.1m
FY2016FY2025
Free cash flow
−€2.8m
FY2016FY2025
Shareholders' equity
€3.60bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €5.49bn | €5.72bn | €6.40bn | €8.21bn | €6.21bn | €4.69bn | €4.93bn | €4.98bn | €4.92bn | €4.63bn |
| Gross profit | €657.3m | €986.7m | €1.08bn | €2.16bn | €1.67bn | €869.9m | €690.7m | €874.7m | €954.4m | €822.8m |
| Research and development | €214.6m | €203.7m | €184.1m | €178.4m | €164.2m | €156.6m | €173.3m | €164.6m | €153.1m | €150.0m |
| Operating income | −€509.4m | €270.9m | €371.6m | €1.44bn | €1.05bn | €257.1m | €24.1m | €323.1m | €359.0m | €259.1m |
| Net income | −€821.1m | €241.0m | €313.6m | €1.25bn | €806.9m | €189.2m | −€642.6m | €246.1m | €232.0m | €179.2m |
| Diluted earnings per share | -16.53 | 4.82 | 6.31 | 25.18 | 16.24 | 3.81 | -12.94 | 4.95 | 4.67 | 3.61 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €8.79bn | €9.41bn | €8.85bn | €9.40bn | €8.13bn | €6.95bn | €6.49bn | €7.12bn | €6.84bn | €7.46bn |
| Cash and short-term investments | €1.48bn | €1.22bn | €1.39bn | €1.78bn | €1.67bn | €1.34bn | €546.5m | €383.5m | €553.0m | €460.3m |
| Total liabilities | €5.04bn | €4.57bn | €4.27bn | €4.37bn | €5.03bn | €5.26bn | €4.46bn | €3.97bn | €3.67bn | €4.87bn |
| Debt | €2.37bn | €1.93bn | €1.48bn | €1.34bn | €1.25bn | €1.23bn | €954.2m | €701.3m | €663.3m | €1.03bn |
| Shareholders' equity | €3.60bn | €4.67bn | €4.42bn | €4.86bn | €3.02bn | €1.63bn | €1.97bn | €3.09bn | €3.12bn | €2.38bn |
| Shares outstanding | 50m | 50m | 50m | 50m | 50m | 50m | 50m | 50m | 50m | 50m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €550.4m | €310.4m | €936.3m | €1.13bn | €1.06bn | €873.7m | €605.0m | €509.6m | €657.1m | €736.6m |
| Capital spending | −€553.2m | −€651.6m | −€639.6m | −€561.2m | −€321.3m | −€226.5m | −€415.1m | −€408.8m | −€328.2m | −€514.4m |
| Free cash flow | −€2.8m | −€341.2m | €296.7m | €564.3m | €743.1m | €647.2m | €189.9m | €100.8m | €328.9m | €222.2m |
| Dividends paid | −€124.2m | −€149.0m | −€596.1m | −€397.4m | −€99.4m | −€24.8m | −€124.2m | −€223.6m | −€99.4m | −€99.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €1.52bn | €1.41bn | €1.25bn | €1.34bn | €1.41bn | €1.48bn | €1.33bn | €1.43bn |
| Gross profit | €255.7m | €219.7m | €146.0m | €154.2m | €165.3m | €191.8m | €339.0m | €212.6m |
| Operating income | €96.2m | €52.2m | −€54.6m | −€30.6m | −€12.0m | −€4.6m | €151.5m | €30.4m |
| Net income | €340.8m | €15.3m | −€702.9m | −€86.1m | −€24.2m | −€7.9m | €139.9m | €27.9m |
| Diluted earnings per share | 6.84 | 0.31 | -14.15 | -1.73 | -0.49 | -0.16 | 2.80 | 0.56 |
| Cash from operations | €115.0m | €77.0m | €414.0m | €133.0m | −€36.0m | €31.0m | €258.0m | €47.0m |
| Capital spending | −€171.0m | — | −€135.0m | −€117.0m | −€300.0m | −€198.0m | −€651.0m | −€459.0m |
| Free cash flow | −€56.0m | — | €279.0m | €16.0m | −€336.0m | −€167.0m | −€393.0m | −€412.0m |
| Total assets | €8.72bn | €8.50bn | €8.79bn | €8.56bn | €8.80bn | €9.12bn | €9.41bn | €8.94bn |
| Cash and short-term investments | €1.57bn | €1.51bn | €1.48bn | €837.9m | €794.1m | €898.3m | €1.22bn | €978.6m |
| Debt | €363.2m | €174.7m | €2.37bn | €1.94bn | €1.94bn | €1.80bn | €1.95bn | €1.79bn |
| Shareholders' equity | €4.02bn | €3.65bn | €3.60bn | €4.27bn | €4.34bn | €4.62bn | €4.67bn | €4.43bn |
Financial ratios
Data as of 20 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 12.0% | 17.2% | 16.9% | 26.3% | 26.9% | 18.5% |
| Operating margin | -1.9% | 5.8% | 7.2% | 17.6% | 17.0% | 5.7% |
| Net margin | -15.0% | 4.2% | 4.9% | 15.2% | 13.0% | 4.0% |
| Return on equity | -22.8% | 5.2% | 7.1% | 25.7% | 26.7% | 11.6% |
| Return on assets | -9.3% | 2.6% | 3.5% | 13.3% | 9.9% | 2.7% |
| Free cash flow yield | 25.8% | 22.4% | 36.9% | 39.5% | 32.5% | 25.8% |
| Revenue growth | -4.1% | -10.6% | -22.0% | 32.2% | 32.3% | -4.8% |
| Earnings growth | -440.7% | -23.2% | -74.9% | 55.0% | 326.5% | -129.4% |
| Current ratio | 3.06x | 2.66x | 2.21x | 2.42x | 2.25x | 4.33x |
| Debt to equity | 0.58x | 0.35x | 0.29x | 0.27x | 0.37x | 0.70x |
| Equity ratio | 40.9% | 49.6% | 49.9% | 51.7% | 37.1% | 23.4% |
| Interest coverage | -0.62x | 4.40x | 3.60x | 28.26x | 25.21x | 5.46x |
| R&D as a share of sales | 3.9% | 3.6% | 2.9% | 2.2% | 2.6% | 3.3% |
| Buybacks as a share of market value | 0.6% | -0.6% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -12.6% | 3.2% | 0.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.7% | 18.9% | 20.2% | 19.4% |
| Operating margin | -2.1% | 6.1% | 7.9% | 6.8% |
| Net margin | -5.2% | 3.8% | 5.4% | 3.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.2 | 14.5 | 18.1 | 4.7 | 8.1 | 30.6 | -5.2 | 16.0 | 34.7 | 27.4 |
| Price to sales | 0.6 | 0.6 | 0.9 | 0.7 | 1.1 | 1.2 | 0.7 | 0.8 | 1.6 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 20 years. Last went ex-dividend on 8 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 2.50 | 3.00 | 12.00 | 8.00 | 2.00 | 0.50 | 2.50 | 2.50 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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