Financial Report
Consolidated cash flow statement
EUR million | 1st half-year 2026 | 1st half-year 2025 |
Net profit | 23.9 | 23.5 |
Depreciation of property, plant and equipment | 10.9 | 11.2 |
Amortisation of intangible assets | 1.0 | 1.0 |
(Reversal of)/loss from impairment | 0.2 | - |
Other non-cash changes | 0.2 | 1.1 |
(Gain)/loss from disposals of non-current assets | 0.1 | –0.4 |
(Increase)/decrease in trade accounts receivable | –24.8 | –20.9 |
(Increase)/decrease in other receivables, prepayments and accrued income | –2.0 | –1.2 |
(Increase)/decrease in inventories | –3.7 | –2.7 |
Increase/(decrease) in trade accounts payable | –1.2 | 5.3 |
Increase/(decrease) in other short-term liabilities, accruals and deferred income | 2.0 | 8.3 |
Increase/(decrease) in provisions | –1.5 | –2.2 |
Cash flow from operating activities | 5.1 | 22.9 |
Investments in property, plant and equipment | –9.4 | –7.5 |
Divestment of property, plant and equipment | 0.7 | 0.6 |
Cash flow from investing activities | –8.7 | –6.8 |
Dividends paid to shareholders | –16.9 | –11.8 |
Dividends paid to minority shareholders (of subsidiaries) | –1.2 | - |
Purchase of own shares | - | –2.3 |
Sale of own shares | - | - |
Increase/(decrease) in short-term financial liabilities | 3.5 | 0.2 |
Increase/(decrease) in long-term financial liabilities | 21.0 | –11.5 |
Increase/(decrease) in other liabilities | - | –0.2 |
Cash flow from financing activities | 6.4 | –25.6 |
Currency effects | 0.7 | –2.3 |
Increase/(decrease) in liquid assets | 3.4 | –11.9 |
Liquid assets at 1.1. | 40.0 | 56.7 |
Liquid assets at 30.6. | 43.5 | 44.8 |
Increase/(decrease) | 3.4 | –11.9 |