| EUR billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (7.7) | 9.7 | 10.8 | 11.1 | 12.6 | 15.5 | +23.3% | |
| Depreciation & amortization | 2.8 | 2.8 | 3.0 | 3.2 | 3.3 | 3.2 | −3.5% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 39.0 | 29.7 | (1.5) | (28.9) | 10.5 | (56.7) | −642.6% | |
| Operating cash flow | 66.2 | 56.7 | 27.7 | 5.0 | (24.2) | (14.8) | +38.6% | |
| Capital expenditure | (8.5) | (11.4) | (10.8) | (13.6) | (8.5) | (7.7) | +9.8% | |
| Acquisitions | (1.2) | (0.1) | (0.1) | (0.4) | (0.1) | (0.1) | −111.1% | |
| Investing cash flow | (7.2) | (3.7) | (3.9) | (5.4) | (3.7) | 0.5 | +114.4% | |
| Dividends paid | 0.0 | (1.3) | (1.8) | (2.3) | (3.0) | (3.3) | −10.7% | |
| Share buybacks | (0.8) | (1.6) | (2.1) | (3.1) | (4.8) | (4.1) | +14.8% | |
| Debt issued / repaid | 0.3 | 2.7 | (2.2) | 4.1 | 2.9 | (6.5) | −325.0% | |
| Financing cash flow | (1.9) | (1.3) | (10.0) | (2.1) | (5.5) | (14.2) | −157.8% | |
| Free cash flow | 57.6 | 45.3 | 16.9 | (8.6) | (32.6) | (22.5) | +31.1% | |
| Net change in cash | 52.8 | 56.9 | 12.4 | (2.7) | (28.1) | (37.4) | −33.0% |
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 USD.
