STEF SA Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,119	4,801	4,442	4,160	3,507
Revenue Growth (YoY)	6.64%	8.07%	6.79%	18.62%	11.50%
Cost of Revenue	4,580	4,273	3,942	3,685	3,100
Gross Profit	539.55	527.59	500.56	474.88	406.77
Other Operating Expenses	101.03	65.74	49.3	66.8	53.2
Operating Expenses	368.85	307.08	249.39	250	231.73
Operating Income	170.7	220.52	251.18	224.88	175.04
Interest Expense	-42.55	-41.35	-27.68	-9.09	-7.42
Earnings From Equity Investments	7.01	8.07	9.71	10.45	8.17
Currency Exchange Gain (Loss)	0.23	-0.35	0.44	0.22	0.15
Other Non Operating Income (Expenses)	1.99	1.86	2	0.76	0.83
EBT Excluding Unusual Items	137.38	188.75	235.64	227.22	176.77
Gain (Loss) on Sale of Assets	5.83	8.29	1.93	11.65	1.44
Asset Writedown	-3.5	-0.43	-0.05	-3.06	-0.64
Legal Settlements	-	-	-	-	-21.9
Pretax Income	139.72	196.61	237.52	235.81	155.67
Income Tax Expense	55.35	47.8	62.8	58.16	45.85
Earnings From Continuing Operations	84.37	148.82	174.72	177.64	109.81
Earnings From Discontinued Operations	-	8.5	16.88	-31.66	-
Net Income to Company	84.37	157.32	191.6	145.99	109.81
Minority Interest in Earnings	-0.12	-0.08	0.02	0.37	0.2
Net Income	84.25	157.24	191.61	146.36	110.01
Net Income to Common	84.25	157.24	191.61	146.36	110.01
Net Income Growth	-46.42%	-17.94%	30.92%	33.04%	51.18%
Shares Outstanding (Basic)	13	13	12	12	12
Shares Outstanding (Diluted)	13	13	13	13	13
Shares Change (YoY)	0.30%	-0.16%	0.00%	0.88%	0.96%
EPS (Basic)	6.68	12.57	15.42	11.79	8.88
EPS (Diluted)	6.66	12.46	15.16	11.58	8.78
EPS Growth	-46.56%	-17.79%	30.91%	31.89%	49.83%
Free Cash Flow	0.91	46.03	26.56	41.31	206.52
Free Cash Flow Per Share	0.07	3.65	2.10	3.27	16.48
Dividend Per Share	2.700	4.150	5.100	4.000	3.000
Dividend Growth	-34.94%	-18.63%	27.50%	33.33%	-25.00%
Gross Margin	10.54%	10.99%	11.27%	11.42%	11.60%
Operating Margin	3.33%	4.59%	5.65%	5.41%	4.99%
Profit Margin	1.65%	3.28%	4.31%	3.52%	3.14%
Free Cash Flow Margin	0.02%	0.96%	0.60%	0.99%	5.89%
EBITDA	340.81	370.1	356.3	345.56	296.91
EBITDA Margin	6.66%	7.71%	8.02%	8.31%	8.47%
D&A For EBITDA	170.11	149.58	105.12	120.68	121.87
EBIT	170.7	220.52	251.18	224.88	175.04
EBIT Margin	3.33%	4.59%	5.65%	5.41%	4.99%
Effective Tax Rate	39.61%	24.31%	26.44%	24.67%	29.46%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.