LU-VE Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	589.3	587.21	615.82	617.08	491.2	400.03
Other Revenue	1.2	1.2	1.43	1.54	0.8	1.43
Revenue	590.5	588.4	617.26	618.61	492.01	401.46
Revenue Growth (YoY)	-0.01%	-4.67%	-0.22%	25.73%	22.56%	2.52%
Cost of Revenue	363.35	367.48	403.12	413.28	320.39	254.16
Gross Profit	227.14	220.92	214.14	205.34	171.62	147.3
Selling, General & Admin	140.04	134.42	130.76	127.27	107.25	94.53
Other Operating Expenses	3.69	3.34	3.77	3.3	3.11	3.65
Operating Expenses	175.78	170.22	167.67	162.93	140.92	131.57
Operating Income	51.36	50.7	46.47	42.41	30.7	15.73
Interest Expense	-7.16	-8.39	-8.61	-9.08	-1.46	-2.14
Interest & Investment Income	11.89	9.3	4.71	0.52	0.27	0.36
Currency Exchange Gain (Loss)	0.01	2.7	2.38	0.51	0.51	-2.38
Other Non Operating Income (Expenses)	-7.1	-7.1	-8.53	15.53	0.75	-0.67
EBT Excluding Unusual Items	49.02	47.22	36.41	49.87	30.77	10.91
Gain (Loss) on Sale of Investments	-	-	-	9.47	-	-
Gain (Loss) on Sale of Assets	0.11	0.13	-0.02	-0.14	0.01	0.12
Asset Writedown	-0.16	-0.28	-0.02	-0.18	-0.16	-0.3
Other Unusual Items	-	-	-	-	-	1.17
Pretax Income	48.97	47.07	36.37	59.04	30.62	11.9
Income Tax Expense	11.61	11.25	5.01	9.97	5.85	1.2
Earnings From Continuing Operations	37.36	35.82	31.36	49.07	24.78	10.7
Minority Interest in Earnings	-1.53	-1.32	-1.62	-1.35	-1.04	-0.82
Net Income	35.83	34.5	29.75	47.71	23.74	9.88
Net Income to Common	35.83	34.5	29.75	47.71	23.74	9.88
Net Income Growth	20.98%	15.98%	-37.66%	100.99%	140.32%	-43.60%
Shares Outstanding (Basic)	-	22	22	22	22	22
Shares Outstanding (Diluted)	-	22	22	22	22	22
Shares Change (YoY)	-	-	-	-	0.47%	-
EPS (Basic)	-	1.55	1.34	2.15	1.07	0.45
EPS (Diluted)	-	1.55	1.34	2.15	1.07	0.45
EPS Growth	-	15.72%	-37.66%	100.99%	139.20%	-43.43%
Free Cash Flow	36.98	58.76	37.8	1.02	-4.8	22.34
Free Cash Flow Per Share	-	2.65	1.70	0.05	-0.22	1.01
Dividend Per Share	0.420	0.420	0.400	0.380	0.350	0.270
Dividend Growth	5.00%	5.00%	5.26%	8.57%	29.63%	-
Gross Margin	38.47%	37.55%	34.69%	33.19%	34.88%	36.69%
Operating Margin	8.70%	8.62%	7.53%	6.86%	6.24%	3.92%
Profit Margin	6.07%	5.86%	4.82%	7.71%	4.83%	2.46%
Free Cash Flow Margin	6.26%	9.99%	6.13%	0.17%	-0.98%	5.56%
EBITDA	73.9	73.57	69.37	63.91	50.46	34.37
EBITDA Margin	12.52%	12.50%	11.24%	10.33%	10.26%	8.56%
D&A For EBITDA	22.54	22.87	22.91	21.51	19.76	18.64
EBIT	51.36	50.7	46.47	42.41	30.7	15.73
EBIT Margin	8.70%	8.62%	7.53%	6.86%	6.24%	3.92%
Effective Tax Rate	23.71%	23.89%	13.77%	16.89%	19.09%	10.09%
Revenue as Reported	590.92	589.09	617.26	618.61	492.01	401.46
Advertising Expenses	-	1.88	1.35	1.72	0.56	0.47

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.