Reply 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	2,446	2,296	2,118	1,891	1,484	1,250
Other Revenue	33.46	33.46	23.95	19.45	17.63	19.41
Revenue	2,480	2,329	2,142	1,911	1,501	1,270
Revenue Growth (YoY)	9.55%	8.75%	12.11%	27.25%	18.26%	5.30%
Cost of Revenue	1,979	1,878	1,780	1,614	1,239	1,058
Gross Profit	500.81	451.37	362.39	296.36	262.28	211.34
Selling, General & Admin	12.36	9.61	8.81	6.72	4.69	3.85
Other Operating Expenses	17.02	31.15	1.49	-50.67	-5.2	-0.45
Operating Expenses	136.86	125.69	85.51	14.66	47.88	45.85
Operating Income	363.95	325.68	276.89	281.7	214.39	165.5
Interest Expense	-8.5	-9.31	-9.29	-5.94	-4.79	-4.48
Interest & Investment Income	12.12	12.63	7	1.84	0.77	0.89
Currency Exchange Gain (Loss)	3.63	3.63	-3.58	1.54	0.45	-0.16
Other Non Operating Income (Expenses)	-0.98	-4.9	-2.48	1.2	-0.24	-4.97
EBT Excluding Unusual Items	370.22	327.72	268.54	280.33	210.58	156.78
Gain (Loss) on Sale of Investments	-8.83	-19.23	-12.81	-15.41	7.81	1.24
Other Unusual Items	3.95	4.74	15.86	3.77	-5.11	4.04
Pretax Income	365.34	313.23	271.58	268.7	213.28	162.05
Income Tax Expense	99.46	99.46	83.12	76.51	60.87	37.85
Earnings From Continuing Operations	265.87	213.77	188.46	192.18	152.41	124.21
Minority Interest in Earnings	-2.63	-2.63	-1.76	-1.17	-1.74	-0.61
Net Income	263.24	211.14	186.7	191.02	150.67	123.6
Net Income to Common	263.24	211.14	186.7	191.02	150.67	123.6
Net Income Growth	13.29%	13.09%	-2.26%	26.78%	21.91%	8.55%
Shares Outstanding (Basic)	-	37	37	37	37	37
Shares Outstanding (Diluted)	-	37	37	37	37	37
Shares Change (YoY)	-	0.27%	0.07%	-0.28%	-0.14%	-
EPS (Basic)	-	5.65	5.01	5.13	4.03	3.30
EPS (Diluted)	-	5.65	5.01	5.13	4.03	3.30
EPS Growth	-	12.78%	-2.33%	27.13%	22.07%	8.55%
Free Cash Flow	-	301.06	220.53	142.8	170.46	212.66
Free Cash Flow Per Share	-	8.05	5.92	3.83	4.56	5.68
Dividend Per Share	1.150	1.150	1.000	1.000	0.800	0.560
Dividend Growth	15.00%	15.00%	-	25.00%	42.86%	7.69%
Gross Margin	20.20%	19.38%	16.92%	15.51%	17.47%	16.65%
Operating Margin	14.68%	13.98%	12.93%	14.74%	14.28%	13.04%
Profit Margin	10.62%	9.06%	8.72%	10.00%	10.04%	9.74%
Free Cash Flow Margin	-	12.92%	10.30%	7.47%	11.35%	16.75%
EBITDA	358.83	354.99	352.09	340.31	262.78	207.94
EBITDA Margin	14.47%	15.24%	16.44%	17.81%	17.50%	16.38%
D&A For EBITDA	-5.11	29.31	75.21	58.61	48.39	42.44
EBIT	363.95	325.68	276.89	281.7	214.39	165.5
EBIT Margin	14.68%	13.98%	12.93%	14.74%	14.28%	13.04%
Effective Tax Rate	27.22%	31.75%	30.61%	28.48%	28.54%	23.36%

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