Exceptional Balance SheetNegligible debt and a large equity base give the company durable financial flexibility: it can fund capex, R&D, spare-part inventories and after-sales without relying on markets. This reduces refinancing risk across cycles and supports long-term strategic investments and partnerships.
Strong Free Cash FlowA sustained and improving free cash flow profile provides internal funding for maintenance of installed base, product development, and shareholder returns. The step-up in FY2025 strengthens the company's ability to invest through downturns and accelerate long-term service and software initiatives.
Durable Installed-base Service RevenueA large installed base with recurring service, parts and software attachments creates predictable, high-margin annuity-like revenue. This reduces dependence on new-capex cycles, supports margin sustainability, and fosters customer lock-in through lifecycle servicing and integration expertise.