Befesa S.A. (VIE: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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,249	1,239	1,181	1,136	821.61	604.33
Revenue Growth (YoY)	7.96%	4.95%	3.92%	38.27%	35.95%	-6.73%
Cost of Revenue	724.33	724.86	724.4	696.56	458.8	338.24
Gross Profit	524.73	514.17	456.2	439.47	362.81	266.09
Other Operating Expenses	312.66	309.61	291.95	289.87	179.22	142.6
Operating Expenses	396.25	392.98	372.62	357.95	232.7	180.04
Operating Income	128.48	121.19	83.58	81.52	130.11	86.05
Interest Expense	-38.84	-39.77	-35.79	-22.81	-15.36	-15.25
Interest & Investment Income	2.79	1.48	2.64	0.75	0.34	1.01
Currency Exchange Gain (Loss)	5.46	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	90.94	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	82.6	74.85	68.07	130.34	111.85	58.63
Income Tax Expense	20.29	20.76	10.5	23.84	9.5	11.75
Earnings From Continuing Operations	62.31	54.09	57.57	106.5	102.35	46.89
Net Income to Company	62.31	54.09	57.57	106.5	102.35	46.89
Minority Interest in Earnings	-2.32	-3.27	0.4	-0.28	-2.61	0.72
Net Income	60	50.82	57.97	106.22	99.75	47.61
Net Income to Common	60	50.82	57.97	106.22	99.75	47.61
Net Income Growth	14.80%	-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)	0.50%	-	-	7.28%	9.45%	-
EPS (Basic)	1.50	1.27	1.45	2.66	2.68	1.40
EPS (Diluted)	1.50	1.27	1.45	2.66	2.68	1.40
EPS Growth	14.23%	-12.34%	-45.42%	-0.74%	91.43%	-42.44%
Free Cash Flow	137.13	117.38	46.04	33.14	42.37	40
Free Cash Flow Per Share	3.42	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	42.01%	41.50%	38.64%	38.69%	44.16%	44.03%
Operating Margin	10.29%	9.78%	7.08%	7.18%	15.84%	14.24%
Profit Margin	4.80%	4.10%	4.91%	9.35%	12.14%	7.88%
Free Cash Flow Margin	10.98%	9.47%	3.90%	2.92%	5.16%	6.62%
EBITDA	197.34	189.83	150.12	138.02	175.75	117.48
EBITDA Margin	15.80%	15.32%	12.72%	12.15%	21.39%	19.44%
D&A For EBITDA	68.86	68.64	66.53	56.5	45.64	31.43
EBIT	128.48	121.19	83.58	81.52	130.11	86.05
EBIT Margin	10.29%	9.78%	7.08%	7.18%	15.84%	14.24%
Effective Tax Rate	24.56%	27.74%	15.43%	18.29%	8.49%	20.04%

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