| EUR millions | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|
| Net income | 527.0 | 509.0 | 595.0 | 292.9 | −50.8% | |
| Depreciation & amortization | 372.0 | 357.0 | 376.0 | 337.9 | −10.1% | |
| Stock-based compensation | 18.0 | 20.0 | 32.0 | 35.0 | +9.3% | |
| Change in working capital | (273.0) | 56.0 | 119.1 | (303.9) | −355.3% | |
| Operating cash flow | 721.0 | 914.0 | 1,140.8 | 367.9 | −67.8% | |
| Capital expenditure | (295.0) | (280.0) | (332.3) | (356.9) | −7.4% | |
| Acquisitions | 36.8 | (604.0) | (40.4) | 0.0 | +100.0% | |
| Investing cash flow | (258.0) | (854.0) | (373.7) | (329.9) | +11.7% | |
| Dividends paid | 0.0 | 0.0 | (11.0) | (83.0) | −654.3% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 9.0 | (3.0) | 2.0 | 3,076.8 | +153786.8% | |
| Financing cash flow | (470.0) | (51.0) | (749.5) | 334.9 | +144.7% | |
| Free cash flow | 426.0 | 634.0 | 808.5 | 11.0 | −98.6% | |
| Net change in cash | (8.0) | 7.0 | 15.1 | 379.2 | +2415.8% |
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.
