Financial indicators
2026
KEY PERFORMANCE INDICATORS FOR 9M 2026
(in EUR'000)
Jan - Sept 2026
Jan - Sept 2025
% Change
Turnover
973.883
890.511
9,4%
Sales revenues
962.613
879.034
9,5%
EBITDA
108.574
88.242
23,0%
Normalised EBITDA
103.403
87.517
18,2%
EBITDA margin
11,3%
10,0%
+124 bp
Normalised EBITDA margin
10,7%
10,0%
+79 bp
EBIT
66.733
49.470
34,9%
Normalised EBIT
61.562
48.745
26,3%
EBIT margin
6,9%
5,6%
+130 bp
Net income after MI
45,996
32.347
42,2%
Normalised net income after MI
42,037
31.622
32,9%
Cash flow from operating activities
71,6
6,4
n/a
30 September 2026
31 December 2025
% Change
Total equity
496.168
468.837
42,9%
Total assets
1.161.909
1.093.154
6,3%
Net debt
271.358
236.586
14,7%
Current ratio
1,6
1,6
n/a
Gearing ratio
35,3%
33,5%
+181 bp
KEY PERFORMANCE INDICATORS FOR H1 2026
(in EUR'000)
Jan - Jun 2026
Jan - Jun 2025
% Change
Turnover
626.327
567.704
10,3%
Sales revenues
618.827
559.534
10,6%
EBITDA
59.092
50.654
16,7%
Normalised EBITDA
58.993
50.296
17,3%
EBITDA margin
9,5%
9,1%
+50bp
Normalised EBITDA margin
9,5%
9,0%
+54bp
EBIT
31.648
24.998
26,6%
Normalised EBIT
31.549
24.640
28,0%
EBIT margin
5,1%
4,5%
+65bp
Normalised EBIT margin
5,1%
4,4%
+69bp
Net income after MI
20.076
14.776
35,9%
Cash flow from operating activities
38.086
(899)
n/a
30 June 2026
31 December 2025
% Change
Total equity
468.800
468.837
0,0%
Total assets
1.157.350
1.093.154
5,9%
Net debt
273.902
236.586
15,8%
Current ratio
1,4
1,6
n/a
Gearing ratio
36,8%
33,5%
+333bp
KEY PERFORMANCE INDICATORS FOR 1Q 2026
(in EUR'000)
Jan - Mar 2026
Jan - Mar 2025
% Change
Turnover
300.704
262.688
14,5%
Sales revenues
297.314
259.894
14,4%
EBITDA
29.655
22.995
29,0%
EBITDA margin
10,0%
8,8%
+113 bp
EBIT
16.318
10.298
58,5%
EBIT margin
5,5%
4,0%
+153 bp
Net income after MI
10.787
6.074
77,6%
Cash flow from operating activities
33.645
(9.887)
n/a
31 March 2026
31 December 2025
% Change
Total equity
483.065
468.837
3,0%
Total assets
1.129.186
1.093.154
3,3%
Net debt
230.532
236.586
-2,6%
Current ratio
1,5
1,6
n/a
Gearing ratio
32,2%
33,5%
+123 bb