Befesa S.A. (FRA:BFSA)

Befesa Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,216	1,239	1,181	1,136	821.61	604.33
Revenue Growth (YoY)	2.08%	4.95%	3.92%	38.27%	35.95%	-6.73%
Cost of Revenue	672.15	724.86	724.4	696.56	458.8	338.24
Gross Profit	543.92	514.17	456.2	439.47	362.81	266.09
Other Operating Expenses	312.65	309.61	291.95	289.87	179.22	142.6
Operating Expenses	388.7	392.98	372.62	357.95	232.7	180.04
Operating Income	155.22	121.19	83.58	81.52	130.11	86.05
Interest Expense	-35.79	-39.77	-35.79	-22.81	-15.36	-15.25
Interest & Investment Income	10.1	1.48	2.64	0.75	0.34	1.01
Currency Exchange Gain (Loss)	8.89	7.23	-2.18	-6.71	8.63	-3
Other Non Operating Income (Expenses)	-6.95	-6.95	-3.21	0.76	-9.22	-7.04
EBT Excluding Unusual Items	131.48	83.19	45.05	53.51	114.51	61.76
Merger & Restructuring Charges	-	-	-	-	-7.8	-13.4
Gain (Loss) on Sale of Investments	-	-	-0.04	-6.41	-	-
Asset Writedown	-8.34	-8.34	-1.51	-2.06	-0.87	-4.73
Other Unusual Items	-	-	20.5	51.63	-	15
Pretax Income	123.14	74.85	68.07	130.34	111.85	58.63
Income Tax Expense	32.46	20.76	10.5	23.84	9.5	11.75
Earnings From Continuing Operations	90.69	54.09	57.57	106.5	102.35	46.89
Net Income to Company	90.69	54.09	57.57	106.5	102.35	46.89
Minority Interest in Earnings	-4.1	-3.27	0.4	-0.28	-2.61	0.72
Net Income	86.59	50.82	57.97	106.22	99.75	47.61
Net Income to Common	86.59	50.82	57.97	106.22	99.75	47.61
Net Income Growth	56.30%	-12.34%	-45.42%	6.49%	109.51%	-42.44%
Shares Outstanding (Basic)	40	40	40	40	37	34
Shares Outstanding (Diluted)	40	40	40	40	37	34
Shares Change (YoY)	-1.26%	-	-	7.28%	9.45%	-
EPS (Basic)	2.18	1.27	1.45	2.66	2.68	1.40
EPS (Diluted)	2.18	1.27	1.45	2.66	2.68	1.40
EPS Growth	58.29%	-12.34%	-45.42%	-0.74%	91.43%	-42.44%
Free Cash Flow	125.62	117.38	46.04	33.14	42.37	40
Free Cash Flow Per Share	3.16	2.93	1.15	0.83	1.14	1.17
Dividend Per Share	0.640	0.640	0.730	1.250	1.250	1.170
Dividend Growth	-12.33%	-12.33%	-41.60%	-	6.84%	60.27%
Gross Margin	44.73%	41.50%	38.64%	38.69%	44.16%	44.03%
Operating Margin	12.76%	9.78%	7.08%	7.18%	15.84%	14.24%
Profit Margin	7.12%	4.10%	4.91%	9.35%	12.14%	7.88%
Free Cash Flow Margin	10.33%	9.47%	3.90%	2.92%	5.16%	6.62%
EBITDA	216.54	189.83	150.12	138.02	175.75	117.48
EBITDA Margin	17.81%	15.32%	12.72%	12.15%	21.39%	19.44%
D&A For EBITDA	61.32	68.64	66.53	56.5	45.64	31.43
EBIT	155.22	121.19	83.58	81.52	130.11	86.05
EBIT Margin	12.76%	9.78%	7.08%	7.18%	15.84%	14.24%
Effective Tax Rate	26.36%	27.74%	15.43%	18.29%	8.49%	20.04%

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