SAF-Holland SE 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	1,734	1,877	2,106	1,565	1,247
Revenue Growth (YoY)	-7.59%	-10.89%	34.57%	25.55%	29.92%
Cost of Revenue	1,347	1,461	1,689	1,302	1,032
Gross Profit	387.17	416.05	417.09	263.54	215.04
Selling, General & Admin	229.04	216.41	203.47	134.23	118.23
Research & Development	33.91	36.53	35.19	18.42	15.59
Other Operating Expenses	-4.26	-3.16	-1.08	-0.94	-1.49
Operating Expenses	258.7	249.78	237.57	151.72	132.32
Operating Income	128.47	166.27	179.52	111.82	82.72
Interest Expense	-64.34	-41.02	-39.19	-16.17	-9.06
Interest & Investment Income	-	3.05	3.64	1.33	0.57
Earnings From Equity Investments	0.45	0.27	1.22	1.88	1.62
Currency Exchange Gain (Loss)	-	0.11	-3.8	1.77	-0.63
Other Non Operating Income (Expenses)	13.72	-2.47	-1.54	0.27	0.1
EBT Excluding Unusual Items	78.3	126.21	139.85	100.89	75.32
Merger & Restructuring Charges	-	-5.15	-17.83	-11.59	-9.04
Gain (Loss) on Sale of Assets	-	0.6	0.96	1.66	0.64
Asset Writedown	-	-1.56	-1.27	-0.4	-1.32
Other Unusual Items	-	-	-	-2.07	-2.93
Pretax Income	78.3	120.1	121.7	88.5	62.7
Income Tax Expense	27.35	41.87	41.18	27.27	25.9
Earnings From Continuing Operations	50.95	78.23	80.52	61.23	36.8
Minority Interest in Earnings	-	-0.88	-0.59	-0.15	-0.06
Net Income	50.95	77.35	79.93	61.08	36.74
Net Income to Common	50.95	77.35	79.93	61.08	36.74
Net Income Growth	-34.13%	-3.23%	30.86%	66.27%	166.31%
Shares Outstanding (Basic)	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45
Shares Change (YoY)	0.21%	-	-	-	-
EPS (Basic)	1.12	1.70	1.76	1.35	0.81
EPS (Diluted)	1.12	1.70	1.76	1.35	0.81
EPS Growth	-34.12%	-3.41%	30.80%	66.27%	169.76%
Free Cash Flow	119.03	152.15	147.83	121.5	18.75
Free Cash Flow Per Share	2.62	3.35	3.26	2.68	0.41
Dividend Per Share	-	0.850	0.850	0.600	0.350
Dividend Growth	-	-	41.67%	71.43%	-
Gross Margin	22.32%	22.17%	19.80%	16.84%	17.25%
Operating Margin	7.41%	8.86%	8.52%	7.14%	6.64%
Profit Margin	2.94%	4.12%	3.79%	3.90%	2.95%
Free Cash Flow Margin	6.86%	8.11%	7.02%	7.76%	1.50%
EBITDA	219.35	232.17	237	146.89	118.06
EBITDA Margin	12.65%	12.37%	11.25%	9.39%	9.47%
D&A For EBITDA	90.88	65.9	57.49	35.08	35.34
EBIT	128.47	166.27	179.52	111.82	82.72
EBIT Margin	7.41%	8.86%	8.52%	7.14%	6.64%
Effective Tax Rate	34.93%	34.87%	33.84%	30.81%	41.31%
Advertising Expenses	-	12.02	10.67	7.6	4.53

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