Nomura Research Institute, Ltd. / Estimates

    Fiscal Year Revenue Net income Net margin Free cash flow FCF margin
    (estimated) €5.81B +5.0% €917.34M +9.1% 15.8% +0.0059 pp N/A N/A
    (estimated) €5.53B +5.6% €841.08M +14.6% 15.2% +0.012 pp N/A N/A
    (estimated) €5.23B +5.2% €733.69M +8.9% 14.0% +0.0048 pp €608.59M +14.1% 11.6% +0.0091 pp
    (estimated) €4.97B +6.0% €673.49M +9.7% 13.5% +0.0046 pp €533.23M +10.7% 10.7% +0.0045 pp
    (estimated) €4.69B +6.2% €613.75M +13.3% 13.1% +0.0082 pp €481.85M -39.1% 10.3% -0.076 pp
    €4.42B +3.8% €541.63M +17.7% 12.3% +0.014 pp €790.57M -28.7% 17.9% -0.082 pp
    €4.25B +6.4% €460.07M +4.4% 10.8% -0.0021 pp €1.11B +10.6% 26.1% +0.010 pp
    €4.00B +13.2% €440.80M +6.8% 11.0% -0.0066 pp €1.00B +23.0% 25.1% +0.020 pp
    €3.53B +11.1% €412.71M +35.1% 11.7% +0.021 pp €815.17M +24.2% 23.1% +0.024 pp
    €3.18B +4.1% €305.40M -9.2% 9.6% -0.014 pp €656.36M -12.7% 20.6% -0.040 pp
    €3.06B +5.5% €336.17M +14.3% 11.0% +0.0084 pp €752.05M +59.1% 24.6% +0.083 pp
    €2.90B +6.3% €294.21M -7.6% 10.2% -0.015 pp €472.81M -26.9% 16.3% -0.074 pp
    €2.72B +11.1% €318.55M +22.4% 11.7% +0.011 pp €647.13M +12.1% 23.8% +0.0022 pp
    €2.45B +0.7% €260.32M +5.7% 10.6% +0.0049 pp €577.31M -22.2% 23.5% -0.070 pp
    €2.43B +3.8% €246.36M +9.7% 10.1% +0.0054 pp €742.38M +41.1% 30.5% +0.081 pp
    €2.35B +5.2% €224.60M +23.3% 9.6% +0.014 pp €525.99M +33.5% 22.4% +0.048 pp
    €2.23B +6.1% €182.12M +10.2% 8.2% +0.0031 pp €393.92M -31.9% 17.7% -0.099 pp
    €2.10B +8.4% €165.27M -13.1% 7.9% -0.019 pp €578.78M +5.1% 27.5% -0.0087 pp
    €1.94B +2.8% €190.17M +42.0% 9.8% +0.027 pp €550.60M +39.0% 28.4% +0.074 pp
    €1.89B -3.6% €133.95M +6.1% 7.1% +0.0065 pp €396.01M -20.0% 21.0% -0.043 pp
    €1.96B -0.8% €126.25M -10.8% 6.5% -0.0073 pp €494.91M -27.5% 25.3% -0.093 pp
    €1.97B -0.3% €141.60M -12.9% 7.2% -0.010 pp €682.50M +67.2% 34.6% +0.14 pp
    €1.98B +6.1% €162.65M +4.2% 8.2% -0.0015 pp €408.25M +10.9% 20.6% +0.0090 pp
    €1.86B +12.9% €156.08M +20.0% 8.4% +0.0049 pp €367.99M -4.8% 19.8% -0.037 pp
    €1.65B +12.9% €130.08M +38.1% 7.9% +0.014 pp €386.37M +48.8% 23.4% +0.057 pp
    €1.46B €94.18M 6.4% €259.64M 17.8%

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