| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 278.9 | 668.1 | 95.1 | (263.4) | 245.7 | 245.2 | −0.2% | |
| Depreciation & amortization | 2.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | +5.8% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (4.1) | 24.8 | (18.6) | 13.3 | (13.2) | (2.9) | +78.1% | |
| Operating cash flow | 132.8 | 172.2 | 135.9 | 186.3 | 173.7 | 199.0 | +14.6% | |
| Capital expenditure | (283.8) | (124.0) | (0.2) | (0.1) | (0.2) | (11.5) | −7020.5% | |
| Acquisitions | 45.8 | 68.5 | 13.8 | 12.9 | 76.7 | 0.2 | −99.8% | |
| Investing cash flow | (227.9) | (69.0) | (246.3) | (161.2) | (34.7) | (74.9) | −115.7% | |
| Dividends paid | (38.2) | (25.2) | (21.8) | (61.6) | (52.6) | 0.0 | +100.0% | |
| Share buybacks | (0.2) | 0.0 | (1.0) | 0.0 | (0.8) | 0.0 | +100.0% | |
| Debt issued / repaid | 185.8 | 442.9 | (179.9) | (35.7) | (150.3) | (74.2) | +50.6% | |
| Financing cash flow | 115.7 | 382.5 | (243.6) | (142.5) | (105.2) | (182.6) | −73.6% | |
| Free cash flow | (151.1) | 48.2 | 135.8 | 186.2 | 173.5 | 187.5 | +8.1% | |
| Net change in cash | 20.8 | 485.7 | (353.9) | (117.4) | 33.7 | (58.5) | −273.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
