Fundies.
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esef:529900URLSMORJC06H95

ESEF
Report (type unavailable) · filed 2026-04-07

Annual consolidated revenue for 2025: about EUR 2.169B, using the latest reported figures. The previous period, 2024, was about EUR 2.185B.

Inspect reported changes Compare with another company Historical disclosures Segments
Watchlist

Latest fiscal year

Revenue

2.17 billion EUR

2025 · EUR

Exact inputs and evidence
  • Revenue: 2169000000 EUR Source

Net margin

6.22%

2025 · %

Exact inputs and evidence
  • Net Income: 135000000 EUR Source
  • Revenue: 2169000000 EUR Source

Operating cash flow

324 million EUR

2025 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 324000000 EUR Source

Free cash flow

274 million EUR

2025 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 324000000 EUR Source
  • Capital Expenditure: 50000000 EUR Source
Cash and cash equivalents
180 million EUR Source
Exact value

180000000 EUR

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-04-07.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 4 of 11 periods available· newest 2025-12-31
  • operating income: No compatible figures in this window
  • Net income: 4 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 4 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 4 of 11 periods available· newest 2025-12-31
  • Total assets: 4 of 11 periods available· newest 2025-12-31
  • Total liabilities: 4 of 11 periods available· newest 2025-12-31
  • Current assets: 4 of 11 periods available· newest 2025-12-31
  • Current liabilities: 4 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -0.7%

    Prior period

    EUR 2.19 billion

    –

    Current period

    EUR 2.17 billion

    –

    Exact inputs and evidence

    2169000000 − 2185000000 = -16000000 EUR

    2185000000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2169000000 EUR · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +73.1%

    Prior period

    EUR 78 million

    –

    Current period

    EUR 135 million

    –

    Exact inputs and evidence

    135000000 − 78000000 = 57000000 EUR

    78000000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    135000000 EUR · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +35.6%

    Prior period

    EUR 239 million

    –

    Current period

    EUR 324 million

    –

    Exact inputs and evidence

    324000000 − 239000000 = 85000000 EUR

    239000000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    324000000 EUR · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -21.9%

    Prior period

    EUR 64 million

    –

    Current period

    EUR 50 million

    –

    Exact inputs and evidence

    50000000 − 64000000 = -14000000 EUR

    64000000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    50000000 EUR · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue EUR 2.17 billion 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income EUR 135 million 6.2% of revenue

Cash

  • Operating cash flow EUR 324 million 15% of revenue
  • Capital expenditure EUR 50 million 2.3% of revenue
  • Free cash flow Derived EUR 274 million 13% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2022 2022-01-01 – 2022-12-312159000000 UnavailableUnavailableUnavailable19000000 -33000000 Derived
Source
2023 2023-01-01 – 2023-12-312172000000 UnavailableUnavailableUnavailable71000000 63000000 Derived
Source
2024 2024-01-01 – 2024-12-312185000000 UnavailableUnavailableUnavailable78000000 175000000 Derived
Source
2025 2025-01-01 – 2025-12-312169000000 UnavailableUnavailableUnavailable135000000 274000000 Derived
Source

Amounts are exact, in EUR.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

EUR 2.2B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.4B1.8B1.2B590.0M0.02022202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(EUR)Source evidence
2022Revenue2159000000
2023Revenue2172000000
2024Revenue2185000000
2025Revenue2169000000

Revenue growth

Change in revenue from the same financial period one year earlier.

-0.7% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.71%0.32%-0.07%-0.45%-0.84%2022202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2022Year over yearNo prior comparable period
2023Year over year0.6%
2024Year over year0.6%
2025Year over year-0.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 6.2% 2025
Free cash flow margin 12.6% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.13.8%9.7%5.6%1.4%-2.7%2022-12-312023-12-312024-12-312025-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2022-12-31Operating marginNot reported
2023-12-31Operating marginNot reported
2024-12-31Operating marginNot reported
2025-12-31Operating marginNot reported
2022Net margin0.9%
2023Net margin3.3%
2024Net margin3.6%
2025Net margin6.2%
2022Free cash flow margin-1.5%
2023Free cash flow margin2.9%
2024Free cash flow margin8%
2025Free cash flow margin12.6%

Operating cash flow

Cash generated by the company’s normal business operations.

EUR 324M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.349.9M262.4M175.0M87.5M0.02022202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2022Operating cash flow67000000
2023Operating cash flow135000000
2024Operating cash flow239000000
2025Operating cash flow324000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

EUR 274M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.298.6M209.5M120.5M31.5M-57.6M2022202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2022Free cash flow-33000000
2023Free cash flow63000000
2024Free cash flow175000000
2025Free cash flow274000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

42.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.76%57%38%19%0%2022202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2022Liabilities / assets70.6%
2023Liabilities / assets69.2%
2024Liabilities / assets48.5%
2025Liabilities / assets42.6%

Current assets to current liabilities

Current assets divided by current liabilities.

1.42× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.57×1.18×0.78×0.39×0.00×2022202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2022Current assets / current liabilities1.19×
2023Current assets / current liabilities1.38×
2024Current assets / current liabilities1.45×
2025Current assets / current liabilities1.42×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2022 2022-01-01 – 2022-12-31
EUR 19 million
Exact value

Exact value: 19000000 EUR

2022-01-01 – 2022-12-31: 19000000 EUR Inspect Net Income Open source
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EUR 67 million
Exact value

Exact value: 67000000 EUR

2022-01-01 – 2022-12-31: 67000000 EUR Inspect Operating Cash Flow Open source
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EUR 100 million
Exact value

Exact value: 100000000 EUR

2022-01-01 – 2022-12-31: 100000000 EUR Inspect Capital Expenditure Open source
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−EUR 33 million
Calculation and evidence

67000000 − 100000000 EUR

Exact free cash flow: -33000000 EUR

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2023 2023-01-01 – 2023-12-31
EUR 71 million
Exact value

Exact value: 71000000 EUR

2023-01-01 – 2023-12-31: 71000000 EUR Inspect Net Income Open source
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EUR 135 million
Exact value

Exact value: 135000000 EUR

2023-01-01 – 2023-12-31: 135000000 EUR Inspect Operating Cash Flow Open source
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EUR 72 million
Exact value

Exact value: 72000000 EUR

2023-01-01 – 2023-12-31: 72000000 EUR Inspect Capital Expenditure Open source
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EUR 63 million
Calculation and evidence

135000000 − 72000000 EUR

Exact free cash flow: 63000000 EUR

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2024 2024-01-01 – 2024-12-31
EUR 78 million
Exact value

Exact value: 78000000 EUR

2024-01-01 – 2024-12-31: 78000000 EUR Inspect Net Income Open source
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EUR 239 million
Exact value

Exact value: 239000000 EUR

2024-01-01 – 2024-12-31: 239000000 EUR Inspect Operating Cash Flow Open source
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EUR 64 million
Exact value

Exact value: 64000000 EUR

2024-01-01 – 2024-12-31: 64000000 EUR Inspect Capital Expenditure Open source
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EUR 175 million
Calculation and evidence

239000000 − 64000000 EUR

Exact free cash flow: 175000000 EUR

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2025 2025-01-01 – 2025-12-31
EUR 135 million
Exact value

Exact value: 135000000 EUR

2025-01-01 – 2025-12-31: 135000000 EUR Inspect Net Income Open source
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EUR 324 million
Exact value

Exact value: 324000000 EUR

2025-01-01 – 2025-12-31: 324000000 EUR Inspect Operating Cash Flow Open source
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EUR 50 million
Exact value

Exact value: 50000000 EUR

2025-01-01 – 2025-12-31: 50000000 EUR Inspect Capital Expenditure Open source
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EUR 274 million
Calculation and evidence

324000000 − 50000000 EUR

Exact free cash flow: 274000000 EUR

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

3 filings · 372 latest values · 372 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 529900URLSMORJC06H95, esef:529900URLSMORJC06H95