FERRO S.A. (WSE:FRO)

FERRO Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	758.33	754.57	783.37	803.22	914.9	830.5
Other Revenue	-0.25	-	0.7	2.82	0.54	-
Revenue	758.08	754.57	784.07	806.04	915.44	830.5
Revenue Growth (YoY)	-2.85%	-3.76%	-2.73%	-11.95%	10.23%	59.53%
Cost of Revenue	-3.83	-	475.81	500.1	601.08	541.16
Gross Profit	761.91	754.57	308.26	305.94	314.36	289.34
Selling, General & Admin	2.6	-	109.25	108.98	113.22	93.33
Other Operating Expenses	670.76	670.04	80.66	79.69	81.06	79.03
Operating Expenses	673.81	670.04	207.3	206.37	209.38	185.23
Operating Income	88.11	84.53	100.96	99.57	104.98	104.11
Interest Expense	-0.86	-	-8.75	-16.38	-13.49	-3.39
Interest & Investment Income	-	-	0.95	0.75	0.01	15.29
Currency Exchange Gain (Loss)	-	-	-4.55	-1.1	-12.76	-8.34
Other Non Operating Income (Expenses)	-5.2	-1.95	-0.45	-0.58	-0.6	2.16
EBT Excluding Unusual Items	82.05	82.58	88.16	82.25	78.15	109.82
Gain (Loss) on Sale of Assets	-	-	0.17	0.28	0.27	0.08
Legal Settlements	-	-	0.12	-	0	-
Pretax Income	82.05	82.58	88.83	82.81	78.78	110.04
Income Tax Expense	13.64	13.85	16.26	15.43	12.29	0.47
Earnings From Continuing Operations	68.41	68.73	72.56	67.38	66.49	109.57
Minority Interest in Earnings	0.06	-	-0.34	-0.35	-1.07	-1.75
Net Income	68.47	68.73	72.23	67.03	65.42	107.82
Net Income to Common	68.47	68.73	72.23	67.03	65.42	107.82
Net Income Growth	-9.37%	-4.84%	7.75%	2.46%	-39.32%	73.69%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
EPS (Basic)	3.23	3.24	3.40	3.16	3.08	5.08
EPS (Diluted)	3.21	3.22	3.40	3.16	3.08	5.08
EPS Growth	-9.59%	-5.29%	7.75%	2.46%	-39.32%	73.82%
Free Cash Flow	157.64	57.92	100.46	151.77	-28.95	45.21
Free Cash Flow Per Share	7.43	2.73	4.73	7.14	-1.36	2.13
Dividend Per Share	-	-	3.140	3.160	1.500	1.510
Dividend Growth	-	-	-0.63%	110.67%	-0.66%	-31.36%
Gross Margin	100.50%	100.00%	39.31%	37.96%	34.34%	34.84%
Operating Margin	11.62%	11.20%	12.88%	12.35%	11.47%	12.53%
Profit Margin	9.03%	9.11%	9.21%	8.32%	7.15%	12.98%
Free Cash Flow Margin	20.79%	7.68%	12.81%	18.83%	-3.16%	5.44%
EBITDA	106.24	102.23	113.05	112.15	115.59	113.41
EBITDA Margin	14.02%	13.55%	14.42%	13.91%	12.63%	13.66%
D&A For EBITDA	18.13	17.69	12.09	12.58	10.61	9.3
EBIT	88.11	84.53	100.96	99.57	104.98	104.11
EBIT Margin	11.62%	11.20%	12.88%	12.35%	11.47%	12.53%
Effective Tax Rate	16.63%	16.77%	18.31%	18.63%	15.60%	0.43%

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