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  • Annual Report 2025

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Annual Report 2025 Our Path to Growth

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From our CEO

From our CEO

Heimo Scheuch

CEO Statement

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Our Year in Numbers

Our Year in Numbers

Revenues

2025 2024 2023 2022 2021 EUR 4,566m EUR 4,513m EUR 4,224m EUR 4,977m EUR 3,971m
2025 2024 2023 2022 2021 EUR 4,566m EUR 4,513m EUR 4,224m EUR 4,977m EUR 3,971m

OPERATING EBITDA MARGIN

2025 2024 2023 2022 2021 16.5% 16.8% 19.2% 20.5% 17.5%
2025 2024 2023 2022 2021 16.5% 16.8% 19.2% 20.5% 17.5%

Operating EBITDA

EUR 754 m

underpinned by
efficiency improvements

Profit after tax

EUR 168 m

and earnings per share
increased by >100%

FREE CASH FLOW

EUR 474 m

Second best free cash flow
in our history

NET DEBT / OPERATING EBITDA

2.2 x

Strong financial discipline

DIVIDEND

+ 19 %

CAGR

3.1 % DIVIDEND YIELD

Note: Dividend 2025 proposal to the 157th Annual General Meeting

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