| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 27.0 | 54.0 | 54.7 | 39.7 | 45.2 | 73.0 | +61.5% | |
| Depreciation & amortization | 10.1 | 24.6 | 19.7 | 17.9 | 17.7 | 18.8 | +6.4% | |
| Stock-based compensation | 0.1 | 0.1 | 0.1 | 0.3 | 0.0 | 0.0 | — | |
| Change in working capital | (8.8) | (129.4) | (6.9) | 81.6 | (45.9) | (163.5) | −256.5% | |
| Operating cash flow | 35.0 | (36.4) | 72.7 | 137.3 | 30.7 | (71.0) | −331.3% | |
| Capital expenditure | (5.3) | (7.8) | (6.6) | (4.7) | (7.7) | (8.8) | −15.0% | |
| Acquisitions | (266.0) | (0.8) | 0.0 | 0.0 | (11.8) | (22.6) | −90.9% | |
| Investing cash flow | (271.1) | (11.3) | (6.4) | (7.4) | (19.1) | (31.3) | −64.2% | |
| Dividends paid | (27.1) | 0.0 | (31.1) | (35.5) | (34.1) | (38.5) | −13.1% | |
| Share buybacks | (269.5) | 0.0 | (4.6) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 255.7 | 50.8 | (33.8) | (93.8) | 30.4 | 146.4 | +382.0% | |
| Financing cash flow | 239.0 | 47.1 | (64.8) | (131.7) | (8.5) | 102.8 | +1310.4% | |
| Free cash flow | 29.6 | (44.1) | 66.0 | 132.5 | 23.0 | (79.8) | −446.5% | |
| Net change in cash | 2.8 | (0.3) | 1.6 | (2.4) | 3.1 | (0.2) | −108.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
