| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (77.4) | 15.2 | 52.7 | 59.9 | 73.4 | 81.7 | +11.3% | |
| Depreciation & amortization | 88.5 | 91.3 | 103.0 | 111.6 | 118.1 | 125.2 | +6.0% | |
| Stock-based compensation | 2.3 | 3.0 | 4.0 | 2.4 | 0.0 | 0.0 | — | |
| Change in working capital | (62.4) | 13.6 | 54.7 | 59.9 | (17.1) | 13.1 | +176.5% | |
| Operating cash flow | (133.4) | 106.5 | 180.0 | 269.6 | 149.4 | 195.4 | +30.8% | |
| Capital expenditure | (42.8) | (58.4) | (60.7) | (105.0) | (130.4) | (73.5) | +43.6% | |
| Acquisitions | (21.2) | 85.0 | (29.9) | (62.0) | 13.1 | (19.9) | −252.5% | |
| Investing cash flow | (60.8) | 24.9 | (100.7) | (176.6) | (126.7) | (103.1) | +18.7% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | (10.5) | (20.6) | (26.4) | −28.4% | |
| Share buybacks | (2.0) | (7.4) | (4.3) | (3.1) | (1.0) | (1.1) | −13.5% | |
| Debt issued / repaid | 160.6 | 139.9 | (70.1) | (112.1) | 9.3 | 8.7 | −6.5% | |
| Financing cash flow | 156.8 | 131.6 | (81.8) | (175.0) | (19.6) | (26.2) | −34.0% | |
| Free cash flow | (176.3) | 48.2 | 119.3 | 164.6 | 19.0 | 121.9 | +541.7% | |
| Net change in cash | (47.0) | 264.2 | (2.9) | (86.8) | (7.1) | 47.0 | +764.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
