| (in EUR thousands) |
2025 |
2024 |
2023 |
2022 |
2021 |
| Assets |
|
|
|
|
|
| Non-current assets |
|
|
|
|
|
| Property, plant and equipment |
2,893,525 |
2,656,555 |
2,375,998 |
2,231,036 |
2,089,107 |
| Right of use assets |
46,489 |
43,901 |
40,623 |
35,279 |
34,288 |
| Intangible assets and goodwill |
76,184 |
57,287 |
50,529 |
43,376 |
42,083 |
| Investment property |
356,488 |
352,379 |
338,279 |
316,024 |
280,876 |
| Equity - accounted investees |
36,781 |
31,416 |
31,329 |
36,638 |
44,372 |
| Other investments |
34,657 |
38,966 |
33,686 |
8,405 |
8,457 |
| Derivatives |
3,953 |
5,042 |
8,557 |
38,922 |
944 |
| Trade and other receivables |
30,120 |
29,429 |
29,607 |
6,893 |
7,314 |
| Contract assets |
1,793 |
0 |
0 |
0 |
0 |
| Contract costs |
0 |
222 |
331 |
222 |
222 |
| Deferred tax assets |
25,076 |
23,034 |
13,279 |
9,628 |
13,141 |
| |
3,505,065 |
3,238,230 |
2,922,219 |
2,726,424 |
2,520,805 |
| Current assets |
|
|
|
|
|
| Inventories |
1,966,176 |
1,762,590 |
1,610,467 |
1,914,098 |
1,469,840 |
| Trade and other receivables |
631,686 |
581,854 |
719,061 |
675,083 |
623,536 |
| Contract assets |
275,921 |
256,322 |
236,552 |
199,839 |
101,371 |
| Contract costs |
28 |
288 |
50 |
14 |
167 |
| Derivatives |
31,710 |
11,348 |
20,352 |
27,149 |
16,277 |
| Assets held for sale |
295 |
301 |
1,849 |
67,865 |
372 |
| Current tax assets |
22,470 |
23,244 |
14,146 |
7,081 |
2,785 |
| Cash and cash equivalents |
729,756 |
696,720 |
395,015 |
412,644 |
503,267 |
| |
3,658,041 |
3,332,667 |
2,997,491 |
3,303,772 |
2,717,616 |
| Total assets |
7,163,106 |
6,570,897 |
5,919,710 |
6,030,196 |
5,238,420 |
| |
|
|
|
|
|
| Equity |
|
|
|
|
|
| Share capital |
141,894 |
141,894 |
141,894 |
141,894 |
141,894 |
| Share premium |
457,571 |
457,571 |
457,571 |
457,571 |
457,571 |
| Translation reserve |
-33,865 |
-24,012 |
-31,828 |
-30,802 |
-24,450 |
| Other reserves |
452,768 |
441,349 |
443,735 |
448,298 |
440,437 |
| Retained earnings |
1,104,020 |
881,018 |
665,421 |
663,823 |
399,175 |
| Total equity attributable to owners of the Company |
2,122,388 |
1,897,819 |
1,676,793 |
1,680,784 |
1,414,626 |
| Non-controlling interest |
540,736 |
466,319 |
282,578 |
275,111 |
240,969 |
| Total equity |
2,663,124 |
2,364,138 |
1,959,371 |
1,955,895 |
1,655,594 |
| |
|
|
|
|
|
| Liabilities |
|
|
|
|
|
| Non-current liabilities |
|
|
|
|
|
| Loans and borrowings |
1,208,807 |
1,314,673 |
1,442,138 |
1,471,299 |
1,294,093 |
| Lease liabilities |
43,192 |
40,358 |
35,382 |
29,449 |
34,639 |
| Derivatives |
1,515 |
450 |
5,023 |
1,249 |
3,587 |
| Employee benefits |
31,727 |
30,040 |
27,754 |
24,357 |
24,183 |
| Grants |
27,024 |
26,600 |
28,884 |
32,454 |
33,985 |
| Provisions |
309 |
1,434 |
1,722 |
1,727 |
1,825 |
| Trade and other payables |
11,531 |
26,712 |
15,896 |
17,073 |
17,615 |
| Contract liabilities |
0 |
5,000 |
12,606 |
9,889 |
9,889 |
| Deferred tax liabilities |
122,223 |
110,365 |
90,037 |
103,489 |
97,263 |
| |
1,446,326 |
1,555,632 |
1,659,442 |
1,690,985 |
1,517,080 |
| Current liabilities |
|
|
|
|
|
| Loans and borrowings |
959,258 |
843,462 |
779,297 |
958,166 |
848,145 |
| Lease liabilities |
14,532 |
11,086 |
11,237 |
10,932 |
10,696 |
| Trade and other payables |
1,750,644 |
1,509,732 |
1,194,692 |
1,180,881 |
1,093,804 |
| Contract liabilities |
238,644 |
221,488 |
268,781 |
123,948 |
51,482 |
| Current tax liabilities |
53,554 |
36,075 |
23,327 |
57,511 |
40,035 |
| Derivatives |
19,299 |
8,469 |
4,107 |
18,455 |
7,563 |
| Provisions |
17,727 |
20,815 |
18,293 |
15,405 |
14,020 |
| Liabilities directly associated with assets classified as held for sale |
0 |
0 |
1,163 |
18,020 |
0 |
| |
3,053,656 |
2,651,127 |
2,300,897 |
2,383,316 |
2,065,746 |
| Total liabilities |
4,499,982 |
4,206,759 |
3,960,339 |
4,074,301 |
3,582,826 |
| |
|
|
|
|
|
| Total equity and liabilities |
7,163,106 |
6,570,897 |
5,919,710 |
6,030,196 |
5,238,420 |