| KPI | [EUR m] | Q2 2025 | FY 2025 | Q2 2026 E | FY 2026 E | FY 2027 E | FY 2028 E |
|---|---|---|---|---|---|---|---|
| Order intake | Number of Estimates | 11 | 13 | 13 | 13 | ||
| Order intake | Highest | 1,475.3 | 6,236.0 | 6,523.7 | 6,824.3 | ||
| Order intake | Consensus (Mean) | 1,309.1 | 5,924.1 | 1,414.2 | 6,064.3 | 6,302.9 | 6,578.5 |
| Order intake | Median | 1,401.6 | 6,061.5 | 6,324.2 | 6,619.0 | ||
| Order intake | Lowest | 1,363.0 | 5,895.4 | 6,064.1 | 6,305.9 | ||
| Sales | Number of Estimates | 13 | 17 | 17 | 17 | ||
| Sales | Highest | 1,396.0 | 5,870.0 | 6,227.6 | 6,489.4 | ||
| Sales | Consensus (Mean) | 1,311.8 | 5,495.4 | 1,375.8 | 5,792.7 | 6,081.3 | 6,357.1 |
| Sales | Median | 1,378.0 | 5,788.2 | 6,093.3 | 6,394.7 | ||
| Sales | Lowest | 1,350.0 | 5,720.0 | 5,929.0 | 6,145.0 | ||
| Organic Sales Growth in % | Number of Estimates | 9 | 10 | 10 | 10 | ||
| Organic Sales Growth in % | Highest | 6.8 | 7.0 | 6.6 | 5.3 | ||
| Organic Sales Growth in % | Consensus (Mean) | 1.5 | 3.7 | 6.3 | 6.0 | 5.2 | 4.6 |
| Organic Sales Growth in % | Median | 6.5 | 6.0 | 5.3 | 4.6 | ||
| Organic Sales Growth in % | Lowest | 5.8 | 5.5 | 3.0 | 3.5 | ||
| EBITDA before restructuring | Number of Estimates | 13 | 17 | 17 | 17 | ||
| EBITDA before restructuring | Highest | 241.9 | 1,017.3 | 1,095.7 | 1,187.0 | ||
| EBITDA before restructuring | Consensus (Mean) | 216.7 | 907.4 | 232.7 | 988.7 | 1,058.3 | 1,125.1 |
| EBITDA before restructuring | Median | 231.8 | 991.6 | 1,061.4 | 1,133.0 | ||
| EBITDA before restructuring | Lowest | 228.0 | 961.0 | 1,007.0 | 1,050.8 | ||
| EBITDA before restructuring margin in % | Number of Estimates | 13 | 17 | 17 | 17 | ||
| EBITDA before restructuring margin in % | Highest | 17.5 | 17.4 | 17.9 | 18.4 | ||
| EBITDA before restructuring margin in % | Consensus (Mean) | 16.5 | 16.5 | 16.9 | 17.1 | 17.4 | 17.7 |
| EBITDA before restructuring margin in % | Median | 16.9 | 17.1 | 17.5 | 17.7 | ||
| EBITDA before restructuring margin in % | Lowest | 16.6 | 16.8 | 16.9 | 17.0 | ||
| Capex | Number of Estimates | 4 | 17 | 17 | 16 | ||
| Capex | Highest | 43.0 | 291.0 | 295.0 | 299.0 | ||
| Capex | Consensus (Mean) | 58.7 | 255.3 | 39.4 | 242.4 | 235.1 | 233.3 |
| Capex | Median | 40.8 | 240.0 | 229.6 | 226.8 | ||
| Capex | Lowest | 33.1 | 230.8 | 197.0 | 186.3 | ||
| Free Cashflow | Number of Estimates | 3 | 9 | 9 | 9 | ||
| Free Cashflow | Highest | 255.1 | 596.9 | 684.5 | 725.0 | ||
| Free Cashflow | Consensus (Mean) | 38.0 | 511.8 | 163.2 | 474.6 | 558.7 | 642.5 |
| Free Cashflow | Median | 129.6 | 496.8 | 569.2 | 630.6 | ||
| Free Cashflow | Lowest | 105.0 | 326.4 | 387.1 | 579.7 | ||
| Earnings per share (in EUR) | Number of Estimates | 7 | 17 | 17 | 17 | ||
| Earnings per share (in EUR) | Highest | 0.80 | 3.36 | 3.68 | 4.07 | ||
| Earnings per share (in EUR) | Consensus (Mean) | 0.66 | 2.54 | 0.71 | 3.11 | 3.51 | 3.80 |
| Earnings per share (in EUR) | Median | 0.71 | 3.08 | 3.51 | 3.83 | ||
| Earnings per share (in EUR) | Lowest | 0.65 | 2.93 | 3.32 | 3.56 | ||
| Dividend per share (in EUR) | Number of Estimates | - | 17 | 17 | 17 | ||
| Dividend per share (in EUR) | Highest | - | 1.60 | 1.85 | 2.05 | ||
| Dividend per share (in EUR) | Consensus (Mean) | - | 1.30 | - | 1.46 | 1.63 | 1.76 |
| Dividend per share (in EUR) | Median | - | 1.45 | 1.60 | 1.80 | ||
| Dividend per share (in EUR) | Lowest | - | 1.30 | 1.40 | 1.45 |
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.
