| KPI | [EUR m] | Q3 2025 | FY 2025 | Q3 2026 E | FY 2026 E | FY 2027 E | FY 2028 E | FY 2029 E | FY 2030 E |
|---|---|---|---|---|---|---|---|---|---|
| Net sales | Number of Estimates | 6 | 7 | 7 | 7 | 5 | 5 | ||
| Net sales | Highest | 556.0 | 2,119.0 | 2,460.0 | 2,755.0 | 2,895.0 | 3,185.3 | ||
| Net sales | Consensus (Mean) | 423.2 | 1,889.5 | 536.2 | 2,102.6 | 2,365.7 | 2,544.8 | 2,674.5 | 2,834.5 |
| Net sales | Median | 533.5 | 2,105.4 | 2,336.0 | 2,520.6 | 2,605.2 | 2,694.1 | ||
| Net sales | Lowest | 521.3 | 2,087.8 | 2,315.0 | 2,467.3 | 2,579.0 | 2,674.2 | ||
| of which Milestones | Number of Estimates | 6 | 6 | 6 | 6 | - | - | ||
| of which Milestones | Highest | 1.3 | 14.0 | 80.0 | 162.0 | - | - | ||
| of which Milestones | Consensus (Mean) | 0.5 | 183.4 | 0.4 | 4.0 | 15.0 | 32.0 | - | - |
| of which Milestones | Median | 0.3 | 2.5 | 2.5 | 2.5 | - | - | ||
| of which Milestones | Lowest | 0.0 | 0.0 | 0.0 | 0.0 | - | - | ||
| Gross profit | Number of Estimates | 6 | 7 | 7 | 7 | 1 | 1 | ||
| Gross profit | Highest | 369.7 | 1,378.0 | 1,647.0 | 1,948.0 | 1,682.9 | 1,740.3 | ||
| Gross profit | Consensus (Mean) | 254.2 | 1,213.0 | 345.5 | 1,344.9 | 1,528.6 | 1,671.7 | 1,682.9 | 1,740.3 |
| Gross profit | Median | 346.5 | 1,354.0 | 1,523.0 | 1,655.0 | 1,682.9 | 1,740.3 | ||
| Gross profit | Lowest | 321.5 | 1,281.0 | 1,423.7 | 1,520.1 | 1,682.9 | 1,740.3 | ||
| EBIT | Number of Estimates | 6 | 7 | 7 | 7 | 1 | 1 | ||
| EBIT | Highest | 219.0 | 740.0 | 927.0 | 1,141.0 | 1,031.2 | 1,121.4 | ||
| EBIT | Consensus (Mean) | 121.0 | 631.6 | 194.5 | 718.0 | 835.0 | 924.8 | 1,031.2 | 1,121.4 |
| EBIT | Median | 191.7 | 718.0 | 816.0 | 891.0 | 1,031.2 | 1,121.4 | ||
| EBIT | Lowest | 180.6 | 689.9 | 784.7 | 839.1 | 1,031.2 | 1,121.4 | ||
| EBIT without milestones | Number of Estimates | 6 | 6 | 6 | 4 | - | - | ||
| EBIT without milestones | Highest | 218.5 | 737.0 | 847.0 | 979.0 | - | - | ||
| EBIT without milestones | Consensus (Mean) | 120.5 | 448.2 | 194.1 | 715.3 | 809.6 | 889.0 | - | - |
| EBIT without milestones | Median | 190.8 | 717.5 | 809.5 | 869.0 | - | - | ||
| EBIT without milestones | Lowest | 180.6 | 689.9 | 784.7 | 839.1 | - | - | ||
| Pretax profit | Number of Estimates | 6 | 7 | 7 | 7 | 1 | 1 | ||
| Pretax profit | Highest | 218.2 | 735.0 | 928.0 | 1,143.0 | 1,024.0 | 1,114.8 | ||
| Pretax profit | Consensus (Mean) | 120.4 | 627.8 | 193.8 | 713.6 | 833.0 | 923.4 | 1,024.0 | 1,114.8 |
| Pretax profit | Median | 191.0 | 714.0 | 812.0 | 893.0 | 1,024.0 | 1,114.8 | ||
| Pretax profit | Lowest | 179.6 | 686.3 | 781.4 | 836.1 | 1,024.0 | 1,114.8 | ||
| Net profit | Number of Estimates | 6 | 7 | 7 | 7 | 1 | 1 | ||
| Net profit | Highest | 174.0 | 588.0 | 742.0 | 915.0 | 814.1 | 886.3 | ||
| Net profit | Consensus (Mean) | 96.0 | 500.3 | 154.3 | 568.1 | 666.9 | 739.4 | 814.1 | 886.3 |
| Net profit | Median | 152.3 | 569.0 | 655.0 | 715.0 | 814.1 | 886.3 | ||
| Net profit | Lowest | 142.0 | 546.3 | 622.0 | 665.6 | 814.1 | 886.3 | ||
| Number of shares | Number of Estimates | 6 | 7 | 7 | 7 | 1 | 1 | ||
| Number of shares | Highest | 141.1 | 141.1 | 141.1 | 141.1 | 140.6 | 140.6 | ||
| Number of shares | Consensus (Mean) | 140.6 | 140.7 | 140.8 | 140.8 | 140.7 | 140.8 | 140.6 | 140.6 |
| Number of shares | Median | 140.9 | 140.7 | 140.7 | 140.7 | 140.6 | 140.6 | ||
| Number of shares | Lowest | 140.3 | 140.6 | 140.1 | 140.5 | 140.6 | 140.6 | ||
| EPS | Number of Estimates | 6 | 7 | 7 | 7 | 1 | 1 | ||
| EPS | Highest | 1.24 | 4.18 | 5.28 | 6.50 | 5.79 | 6.31 | ||
| EPS | Consensus (Mean) | 0.68 | 3.56 | 1.10 | 4.03 | 4.74 | 5.25 | 5.79 | 6.31 |
| EPS | Median | 1.08 | 4.03 | 4.64 | 5.07 | 5.79 | 6.31 | ||
| EPS | Lowest | 1.01 | 3.88 | 4.42 | 4.73 | 5.79 | 6.31 | ||
| DPS | Number of Estimates | - | 7 | 7 | 7 | 1 | 1 | ||
| DPS | Highest | - | 2.14 | 2.69 | 3.32 | 3.19 | 3.47 | ||
| DPS | Consensus (Mean) | - | 1.80 | - | 1.95 | 2.21 | 2.42 | 3.19 | 3.47 |
| DPS | Median | - | 1.90 | 2.15 | 2.30 | 3.19 | 3.47 | ||
| DPS | Lowest | - | 1.78 | 1.85 | 1.90 | 3.19 | 3.47 |
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.
