| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 130.1 | 154.0 | 152.1 | 123.7 | 115.1 | 110.0 | −4.4% | |
| Depreciation & amortization | 42.2 | 39.7 | 43.2 | 44.6 | 41.9 | 74.9 | +79.1% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 35.2 | (4.0) | (45.8) | 215.0 | 0.0 | (4.6) | −12442.3% | |
| Operating cash flow | 246.2 | 290.6 | 88.1 | 384.8 | 322.9 | 194.8 | −39.7% | |
| Capital expenditure | (6.8) | (5.5) | (7.5) | (8.8) | (12.3) | (9.6) | +21.5% | |
| Acquisitions | (8.2) | (35.8) | (25.2) | (12.8) | (45.0) | (356.1) | −691.7% | |
| Investing cash flow | (19.6) | (48.0) | (8.8) | (37.6) | (79.7) | (388.4) | −387.1% | |
| Dividends paid | (39.3) | (43.6) | (53.8) | (57.1) | (59.9) | (68.5) | −14.3% | |
| Share buybacks | 0.0 | 0.0 | (49.0) | (51.2) | 0.0 | 0.0 | — | |
| Debt issued / repaid | (40.0) | (88.3) | (106.5) | (51.8) | (140.6) | 369.5 | +362.8% | |
| Financing cash flow | (90.4) | (118.3) | (225.2) | (168.5) | (176.8) | 300.9 | +270.2% | |
| Free cash flow | 239.4 | 285.0 | 80.6 | 376.0 | 310.6 | 185.2 | −40.4% | |
| Net change in cash | 133.7 | 134.1 | (138.5) | 186.7 | 65.5 | 92.6 | +41.4% |
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.
