FERRO S.A. (WSE:FRO)

FERRO Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	773.61	783.37	803.22	914.9	830.5	519.09
Other Revenue	0.7	0.7	2.82	0.54	-	1.51
Revenue	774.31	784.07	806.04	915.44	830.5	520.6
Revenue Growth (YoY)	-2.35%	-2.73%	-11.95%	10.23%	59.53%	15.14%
Cost of Revenue	472.49	475.81	500.1	601.08	541.16	336.12
Gross Profit	301.82	308.26	305.94	314.36	289.34	184.49
Selling, General & Admin	112.91	109.25	108.98	113.22	93.33	58.64
Other Operating Expenses	81.29	80.66	79.69	81.06	79.03	43.11
Operating Expenses	211.98	207.3	206.37	209.38	185.23	109.22
Operating Income	89.84	100.96	99.57	104.98	104.11	75.27
Interest Expense	-7.7	-8.75	-16.38	-13.49	-3.39	-2.68
Interest & Investment Income	7.59	0.95	0.75	0.01	15.29	0
Currency Exchange Gain (Loss)	-4.55	-4.55	-1.1	-12.76	-8.34	3.57
Other Non Operating Income (Expenses)	-0.45	-0.45	-0.58	-0.6	2.16	-0.16
EBT Excluding Unusual Items	84.74	88.16	82.25	78.15	109.82	76
Gain (Loss) on Sale of Assets	0.17	0.17	0.28	0.27	0.08	0.2
Legal Settlements	0.12	0.12	-	0	-	0.19
Pretax Income	85.4	88.83	82.81	78.78	110.04	76.48
Income Tax Expense	15.31	16.26	15.43	12.29	0.47	14.4
Earnings From Continuing Operations	70.09	72.56	67.38	66.49	109.57	62.08
Minority Interest in Earnings	-0.56	-0.34	-0.35	-1.07	-1.75	-0
Net Income	69.53	72.23	67.03	65.42	107.82	62.08
Net Income to Common	69.53	72.23	67.03	65.42	107.82	62.08
Net Income Growth	-1.03%	7.75%	2.46%	-39.32%	73.69%	55.20%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
EPS (Basic)	3.27	3.40	3.16	3.08	5.08	2.92
EPS (Diluted)	3.27	3.40	3.16	3.08	5.08	2.92
EPS Growth	-1.13%	7.75%	2.46%	-39.32%	73.82%	55.32%
Free Cash Flow	14.38	100.46	151.77	-28.95	45.21	58.11
Free Cash Flow Per Share	0.68	4.73	7.14	-1.36	2.13	2.74
Dividend Per Share	3.140	3.140	3.160	1.500	1.510	2.200
Dividend Growth	-0.63%	-0.63%	110.67%	-0.66%	-31.36%	450.00%
Gross Margin	38.98%	39.31%	37.96%	34.34%	34.84%	35.44%
Operating Margin	11.60%	12.88%	12.35%	11.47%	12.53%	14.46%
Profit Margin	8.98%	9.21%	8.32%	7.15%	12.98%	11.92%
Free Cash Flow Margin	1.86%	12.81%	18.83%	-3.16%	5.44%	11.16%
EBITDA	102.32	113.05	112.15	115.59	113.41	80.13
EBITDA Margin	13.21%	14.42%	13.91%	12.63%	13.66%	15.39%
D&A For EBITDA	12.48	12.09	12.58	10.61	9.3	4.86
EBIT	89.84	100.96	99.57	104.98	104.11	75.27
EBIT Margin	11.60%	12.88%	12.35%	11.47%	12.53%	14.46%
Effective Tax Rate	17.93%	18.31%	18.63%	15.60%	0.43%	18.83%

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