| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 149.0 | 586.0 | 65.0 | 325.0 | 303.0 | 296.9 | −2.0% | |
| Depreciation & amortization | 209.0 | 186.0 | 270.0 | 168.0 | 244.0 | 215.4 | −11.7% | |
| Stock-based compensation | 16.0 | 21.0 | 21.0 | 19.0 | 19.0 | 0.0 | −100.0% | |
| Change in working capital | 113.0 | (199.0) | (161.0) | 172.0 | 269.0 | 43.3 | −83.9% | |
| Operating cash flow | 720.0 | 722.0 | 543.0 | 563.0 | 707.0 | 617.0 | −12.7% | |
| Capital expenditure | (157.0) | (132.0) | (215.0) | (216.0) | (144.0) | (130.8) | +9.1% | |
| Acquisitions | (31.0) | (175.0) | (1,235.0) | (6.0) | (6.0) | (21.1) | −252.3% | |
| Investing cash flow | (162.0) | (206.0) | (1,446.0) | (209.0) | (157.0) | (157.0) | −0.0% | |
| Dividends paid | (381.0) | (365.0) | (409.0) | (422.0) | (432.0) | (177.1) | +59.0% | |
| Share buybacks | (46.0) | (93.0) | (5.0) | 0.0 | (20.0) | 0.0 | +100.0% | |
| Debt issued / repaid | 142.0 | 1,223.0 | (578.0) | (103.0) | (137.0) | (244.6) | −78.5% | |
| Financing cash flow | (290.0) | 980.0 | (1,383.0) | (620.0) | (634.0) | (465.0) | +26.7% | |
| Free cash flow | 563.0 | 590.0 | 328.0 | 347.0 | 563.0 | 486.2 | −13.6% | |
| Net change in cash | 152.0 | 1,587.0 | (2,246.0) | (263.0) | (53.0) | (169.6) | −220.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in EUR; the shares trade in CHF.
