| KPI | [EUR m] | Q1 2025 | FY 2025 | Q1 2026 E | FY 2026 E | FY 2027 E | FY 2028 E |
|---|---|---|---|---|---|---|---|
| Sales | Number of Estimates | 7 | 18 | 18 | 14 | ||
| Sales | Highest | 3,690.0 | 15,983.6 | 16,714.3 | 17,390.7 | ||
| Sales | Consensus (Mean) | 4,071.9 | 15,171.5 | 3,617.9 | 15,112.1 | 15,614.0 | 16,015.3 |
| Sales | Median | 3,636.6 | 15,082.0 | 15,564.8 | 15,951.4 | ||
| Sales | Lowest | 3,478.4 | 14,465.0 | 15,014.0 | 15,382.0 | ||
| Operating Gross Profit | Number of Estimates | 7 | 16 | 16 | 13 | ||
| Operating Gross Profit | Highest | 933.0 | 3,970.0 | 4,087.4 | 4,410.2 | ||
| Operating Gross Profit | Consensus (Mean) | 1,019.5 | 3,831.7 | 911.4 | 3,788.0 | 3,913.3 | 4,038.3 |
| Operating Gross Profit | Median | 912.2 | 3,780.5 | 3,921.3 | 4,062.8 | ||
| Operating Gross Profit | Lowest | 883.7 | 3,683.0 | 3,745.2 | 3,788.7 | ||
| Operating EBITDA | Number of Estimates | 7 | 17 | 17 | 13 | ||
| Operating EBITDA | Highest | 325.0 | 1,381.7 | 1,518.5 | 1,717.8 | ||
| Operating EBITDA | Consensus (Mean) | 355.3 | 1,287.5 | 300.3 | 1,297.3 | 1,379.6 | 1,440.2 |
| Operating EBITDA | Median | 300.1 | 1,292.0 | 1,376.0 | 1,407.4 | ||
| Operating EBITDA | Lowest | 286.3 | 1,201.5 | 1,241.2 | 1,255.3 | ||
| Operating EBITA | Number of Estimates | 8 | 17 | 17 | 13 | ||
| Operating EBITA | Highest | 232.0 | 1,026.9 | 1,145.9 | 1,329.9 | ||
| Operating EBITA | Consensus (Mean) | 264.3 | 929.3 | 208.8 | 936.5 | 1,011.7 | 1,064.9 |
| Operating EBITA | Median | 209.4 | 927.4 | 997.1 | 1,037.0 | ||
| Operating EBITA | Lowest | 191.6 | 828.6 | 884.8 | 910.3 | ||
| EBIT | Number of Estimates | 6 | 17 | 17 | 13 | ||
| EBIT | Highest | 235.1 | 895.7 | 1,045.9 | 1,221.7 | ||
| EBIT | Consensus (Mean) | 235.1 | 617.6 | 182.6 | 780.2 | 876.8 | 958.5 |
| EBIT | Median | 171.4 | 788.0 | 880.8 | 925.4 | ||
| EBIT | Lowest | 160.4 | 508.7 | 575.3 | 610.5 | ||
| Profit Before Tax | Number of Estimates | 6 | 16 | 16 | 13 | ||
| Profit Before Tax | Highest | 192.7 | 770.2 | 939.7 | 1,092.7 | ||
| Profit Before Tax | Consensus (Mean) | 192.7 | 485.4 | 145.2 | 647.2 | 750.6 | 831.6 |
| Profit Before Tax | Median | 139.4 | 657.9 | 756.7 | 805.5 | ||
| Profit Before Tax | Lowest | 124.2 | 376.3 | 448.3 | 489.3 | ||
| Net Profit after minorities | Number of Estimates | 6 | 16 | 16 | 13 | ||
| Net Profit after minorities | Highest | 108.0 | 554.0 | 674.6 | 781.2 | ||
| Net Profit after minorities | Consensus (Mean) | 134.4 | 264.6 | 97.6 | 456.3 | 531.8 | 590.9 |
| Net Profit after minorities | Median | 98.4 | 456.0 | 547.3 | 582.9 | ||
| Net Profit after minorities | Lowest | 89.0 | 274.7 | 327.3 | 357.2 | ||
| EPS (in Euro) | Number of Estimates | 6 | 16 | 16 | 13 | ||
| EPS (in Euro) | Highest | 0.75 | 3.84 | 4.67 | 5.41 | ||
| EPS (in Euro) | Consensus (Mean) | 0.93 | 1.83 | 0.67 | 3.16 | 3.68 | 4.09 |
| EPS (in Euro) | Median | 0.68 | 3.16 | 3.79 | 4.04 | ||
| EPS (in Euro) | Lowest | 0.62 | 1.90 | 2.27 | 2.47 | ||
| DPS (in Euro) | Number of Estimates | - | 16 | 16 | 13 | ||
| DPS (in Euro) | Highest | - | 2.32 | 2.43 | 2.68 | ||
| DPS (in Euro) | Consensus (Mean) | - | 1.90 | - | 1.88 | 2.01 | 2.18 |
| DPS (in Euro) | Median | - | 1.90 | 1.99 | 2.10 | ||
| DPS (in Euro) | Lowest | - | 1.35 | 1.70 | 1.85 |
This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.
