| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 42.6 | 66.8 | 98.3 | 84.2 | 75.9 | 10.3 | −86.4% | |
| Depreciation & amortization | 18.3 | 21.5 | 23.3 | 23.8 | 24.1 | 0.0 | −100.0% | |
| Stock-based compensation | 2.0 | 2.6 | 3.9 | 4.3 | 0.0 | 0.0 | — | |
| Change in working capital | (40.2) | 347.8 | 104.6 | 1,094.1 | (288.9) | (48.8) | +83.1% | |
| Operating cash flow | 14.8 | 433.8 | 207.7 | 1,209.3 | (165.8) | 65.7 | +139.6% | |
| Capital expenditure | (11.0) | (9.7) | (12.2) | (22.0) | (30.5) | (32.9) | −8.0% | |
| Acquisitions | 0.0 | (113.5) | 0.1 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Investing cash flow | (690.4) | (503.3) | (1,604.4) | (43.7) | 288.5 | (33.1) | −111.5% | |
| Dividends paid | 0.0 | (67.7) | (40.3) | (33.4) | (50.9) | (59.9) | −17.7% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 159.2 | (7.8) | (25.0) | 423.3 | 376.5 | 327.7 | −13.0% | |
| Financing cash flow | 666.1 | 518.2 | 806.2 | (1,216.4) | (139.8) | (58.0) | +58.5% | |
| Free cash flow | 3.8 | 424.2 | 195.5 | 1,187.4 | (196.3) | 32.8 | +116.7% | |
| Net change in cash | (9.5) | 458.3 | (590.5) | (50.8) | (17.1) | 0.0 | +100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
