Strong Order Intake and Revenue Growth
Order intake for 2024 reached €2.9 billion, marking an increase of nearly 40% year-on-year, and revenue increased by 21% to €2.24 billion.
Improved Profitability
Adjusted EBITDA increased by 23% to €405 million, with an adjusted EBITDA margin of 19.4% before pass-through, exceeding guidance.
Record Order Backlog
Order backlog increased by more than €1 billion to over €6.6 billion, providing excellent revenue visibility for the future.
Successful Integration of ESG
The integration of ESG was completed in just 9 months, contributing €438 million to order intake and €289 million to revenue.
Dividend Increase
A dividend per share of €0.50 was proposed, marking a 25% increase compared to the previous year.
Strong Cash Generation
Adjusted free cash flow increased by 26% to €249 million, with a cash conversion rate of 62%.