| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 582.0 | 756.0 | 1,452.0 | 682.0 | 378.0 | 269.0 | −28.8% | |
| Depreciation & amortization | 428.0 | 375.0 | 394.0 | 408.0 | 443.0 | 503.0 | +13.5% | |
| Stock-based compensation | 8.0 | 9.0 | 11.0 | 9.0 | 9.0 | 10.0 | +11.1% | |
| Change in working capital | 76.0 | (542.0) | (726.0) | 229.0 | (108.0) | 81.5 | +175.5% | |
| Operating cash flow | 1,318.0 | 1,150.0 | 1,448.0 | 1,359.0 | 851.0 | 923.0 | +8.5% | |
| Capital expenditure | (673.0) | (526.0) | (557.0) | (894.0) | (994.0) | (709.9) | +28.6% | |
| Acquisitions | 0.0 | (64.0) | 642.0 | (37.0) | (6.0) | (469.4) | −7722.8% | |
| Investing cash flow | (675.0) | (670.0) | 32.0 | (482.0) | (936.0) | (1,189.1) | −27.0% | |
| Dividends paid | (237.0) | (298.0) | (321.0) | (345.0) | (1,081.0) | (299.5) | +72.3% | |
| Share buybacks | (6.0) | (7.0) | (7.0) | (8.0) | (12.0) | (7.9) | +34.5% | |
| Debt issued / repaid | 22.0 | 38.0 | (62.0) | (22.0) | (13.0) | 749.2 | +5863.3% | |
| Financing cash flow | (268.0) | (372.0) | (572.0) | (541.0) | (1,226.0) | 295.6 | +124.1% | |
| Free cash flow | 645.0 | 624.0 | 891.0 | 465.0 | (143.0) | 213.1 | +249.0% | |
| Net change in cash | 355.0 | 107.0 | 926.0 | 211.0 | (1,323.0) | 28.8 | +102.2% |
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 GBP.
