| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 101.3 | 84.2 | 187.1 | 75.0 | 191.6 | 348.3 | +81.8% | |
| Depreciation & amortization | 46.1 | 56.5 | 87.4 | 83.4 | 101.3 | 113.5 | +12.1% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 30.8 | 24.9 | (145.0) | (80.5) | (88.2) | (153.6) | −74.1% | |
| Operating cash flow | 193.6 | 180.9 | 234.1 | 358.7 | 428.7 | 373.2 | −12.9% | |
| Capital expenditure | (22.3) | (21.8) | (72.6) | (102.9) | (73.9) | (85.0) | −15.0% | |
| Acquisitions | 0.0 | 2.0 | (1.0) | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (3.5) | (18.1) | (71.6) | (100.7) | (58.8) | (93.2) | −58.5% | |
| Dividends paid | (100.4) | (156.1) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (194.7) | — | |
| Debt issued / repaid | (27.4) | 96.4 | (34.9) | (81.6) | (699.3) | (55.4) | +92.1% | |
| Financing cash flow | (130.3) | (84.7) | (105.3) | (199.3) | (355.0) | (307.4) | +13.4% | |
| Free cash flow | 171.3 | 159.6 | 161.5 | 255.8 | 354.8 | 288.3 | −18.7% | |
| Net change in cash | 57.2 | 234.9 | 71.7 | 37.3 | 11.4 | (10.5) | −191.7% |
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 USD.
