| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 153.1 | 188.9 | 108.2 | 74.5 | 115.3 | 108.8 | −5.7% | |
| Depreciation & amortization | 226.4 | 235.9 | 251.1 | 343.6 | 299.7 | 256.4 | −14.5% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (66.8) | (104.7) | 32.8 | 177.3 | (108.0) | (33.2) | +69.3% | |
| Operating cash flow | 333.5 | 344.7 | 449.3 | 437.2 | 293.8 | 380.2 | +29.4% | |
| Capital expenditure | (139.6) | (168.0) | (155.9) | (116.0) | (102.1) | (110.2) | −7.9% | |
| Acquisitions | 2.7 | 3.5 | 1.9 | 0.0 | 0.0 | 5.7 | — | |
| Investing cash flow | (136.9) | (164.5) | (154.0) | (148.4) | (108.7) | (129.6) | −19.3% | |
| Dividends paid | (21.6) | (28.6) | (28.6) | (28.6) | (28.6) | (28.6) | +0.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (141.1) | (48.4) | (159.3) | (314.7) | (166.9) | (94.0) | +43.7% | |
| Financing cash flow | (162.7) | (227.2) | (195.0) | (340.8) | (223.4) | (289.3) | −29.5% | |
| Free cash flow | 193.9 | 176.7 | 293.4 | 321.3 | 191.8 | 270.0 | +40.8% | |
| Net change in cash | 32.4 | (44.3) | 102.6 | (54.2) | (37.7) | (38.4) | −2.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
