BKH

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 14.97 13.80 17.67 18.87 16.84
Price to Sales 1.92 1.55 1.79 2.29 2.26
Book Value Per Common Share 48.84 47.28 46.18 44.09 41.06
Price to Book 1.20 1.14 1.52 1.60 1.50
Price to Operating Cash Flow 5.68 3.83 7.80 -69.10 7.07
Price to Free Cash Flow
Enterprise Value to EBITDA 54370.74 50516.74 64456.57 68985.11 60098.70
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings 23.87 24.93 32.43 24.16 24.72 29.04 18.46 29.11 36.47 23.60 31.23 42.32 23.86 33.83 43.36
Price to Sales 2.66 3.25 5.39 2.76 3.30 5.13 1.94 3.00 4.52 2.49 3.62 6.04 2.85 4.09 6.60
Book Value Per Common Share 52.12 50.50 50.77 48.84 49.81 48.94 48.88 47.28 47.52 46.90 46.91 44.60 44.64 44.48 42.85 42.37 41.90
Price to Book 1.18 1.11 1.19 1.20 1.23 1.11 1.12 1.14 1.06 1.28 1.35 1.52 1.63 1.73 1.46 1.55 1.59
Price to Operating Cash Flow 8.81 9.70 19.06 7.47 8.04 15.95 4.46 6.60 12.68 8.87 10.64 18.83 -27.29 -16.46 -10.83
Price to Free Cash Flow
Enterprise Value to EBITDA 77088.53 94605.35 157926.39 103674.77 120623.65 173700.90 84336.55 143315.73 215147.19 109813.61 159319.10 253770.90 110326.12 169487.46 266516.31

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 0.00 -1.76 6.42 2.47
Revenue YoY -8.73 -8.64 30.92 14.86
EBITDA YoY 6.26 2.60 9.44 1.40
Net Profit YoY 4.16 1.48 9.14 4.01
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY 14.67 20.32 15.00 17.02 32.37 19.65 23.18 28.02 35.57 25.97
Revenue YoY 34.58 54.52 35.57 55.42 30.55 44.65 35.65 57.58 37.83 58.82
EBITDA YoY 35.29 55.27 31.91 44.26 43.39 43.97 35.20 50.68 47.37 54.86
Net Profit YoY 15.40 20.40 16.20 17.75 33.09 20.21 23.17 28.43 36.31 26.12

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.34 1.39 0.42 0.22 0.17
Quick Ratio 0.49 0.37 0.32 0.37 0.39
Current Ratio 0.98 0.71 0.65 0.91 0.72
Debt to Equity 1.80 1.91 2.11 2.16 0.52
Long-Term Debt to Equity 1.58 1.55 1.57 1.85 0.39
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 0.40 0.22 0.20 0.33 0.28 9.21 1.90 1.37 9.01 2.39 0.68 0.26 0.24 0.33 0.24 0.09 0.29
Quick Ratio 0.38 0.29 0.42 0.49 0.42 0.77 0.43 0.37 0.52 0.43 0.50 0.28 0.36 0.51 0.26 0.16 0.24
Current Ratio 0.91 0.64 0.76 0.98 1.12 1.06 0.73 0.71 0.77 0.82 0.88 0.88 0.97 1.07 0.83 0.46 0.47
Debt to Equity 0.34 0.36 0.35 1.80 1.75 1.96 1.83 1.91 2.05 1.94 1.96 2.12 2.06 2.07 2.18 2.17 2.19
Long-Term Debt to Equity 0.25 0.23 0.23 1.58 1.60 1.64 1.51 1.55 1.56 1.63 1.64 1.80 1.80 1.81 1.91 1.72 1.74

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 2.72 2.73 2.69 2.59 2.81
ROE 7.62 7.93 8.36 8.20 4.27
Gross Margin
Operating Margin 23.58 20.14 17.91 21.08 24.36
EBITDA Margin 36.27 31.15 27.74 33.18 37.59
Net Profit Margin 12.84 11.25 10.13 12.15 13.41
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
ROA 1.81 1.60 1.33 1.80 1.48 1.32 1.84 1.46 1.21 1.99 1.65 1.29 1.86 1.39 1.11
ROE 2.43 2.18 1.81 4.95 4.37 3.74 5.60 4.28 3.57 6.23 5.06 3.96 5.91 4.40 3.53
Gross Margin
Operating Margin 21.93 23.15 25.56 13.47 15.66 20.44 11.99 11.45 14.34 11.96 13.15 16.45 13.22 12.65 15.73
EBITDA Margin 34.50 34.32 34.15 26.66 27.40 29.52 22.99 20.93 21.03 22.68 22.75 23.80 25.83 24.16 24.78
Net Profit Margin 11.14 13.00 16.68 11.43 13.34 17.61 10.49 10.29 12.38 10.56 11.63 14.27 11.94 12.08 15.21

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 10,022,600.00 9,620,400.00 9,618,230.00 9,131,896.00 8,088,786.00
   Current Assets 754,000.00 841,700.00 1,084,469.00 821,353.00 506,895.00
      Cash and Short-Term Investments 23,400.00 93,000.00 26,985.00 13,810.00 10,739.00
            Cash and Cash Equivalents 16,100.00 86,600.00 21,430.00 8,921.00 6,356.00
            Short-Term Investments 7,300.00 6,400.00 5,555.00 4,889.00 4,383.00
      Net Receivables 351,200.00 350,300.00 508,192.00 321,652.00 265,961.00
      Inventory 153,900.00 160,900.00 207,421.00 150,979.00 117,400.00
      Other Current Assets 225,500.00 237,500.00 341,871.00 334,912.00 112,795.00
   Non-Current Assets 9,268,600.00 8,778,700.00 8,533,761.00 8,310,543.00 7,581,891.00
      Property, Plant, Equipment Net 33,590,800.00 31,318,800.00 29,334,234.00 31,615,371.00 29,416,945.00
      Goodwill 1,299,500.00 1,299,500.00 1,299,454.00 1,299,454.00 1,299,454.00
      Intangible Assets 7,600.00 8,400.00 9,589.00 10,770.00 11,944.00
      Long-Term Investments 0 0 0 15,481.00 15,810.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -25,629,300.00 -23,848,000.00 -22,109,516.00 -24,630,533.00 -23,162,262.00
Liabilities 6,437,400.00 6,314,600.00 6,528,335.00 6,244,773.00 2,763,699.00
   Current Liabilities 771,700.00 1,189,900.00 1,672,084.00 907,554.00 701,851.00
      Payables and Expenses 531,300.00 479,700.00 553,477.00 462,520.00 426,952.00
            Account Payables 229,100.00 186,400.00 310,020.00 217,761.00 183,340.00
            Current Accrued Liabilities 302,200.00 293,300.00 243,457.00 244,759.00 243,612.00
      Short-Term Debt 133,800.00 600,000.00 1,596,200.00 420,180.00 476,516.00
      Other Current Liabilities 106,600.00 110,200.00 -477,593.00 24,854.00 -201,617.00
   Non-Current Liabilities 5,665,700.00 5,124,700.00 4,856,251.00 5,337,219.00 2,061,848.00
      Long-Term Debt 4,250,200.00 3,801,200.00 3,607,340.00 4,126,923.00 3,528,100.00
      Other Non-Current Liabilities 1,415,500.00 1,323,500.00 1,248,911.00 1,210,296.00 -1,466,252.00
Equity 3,585,200.00 3,305,800.00 3,089,895.00 2,887,123.00 5,325,087.00
   Shareholders Equity 3,501,500.00 3,215,300.00 2,994,913.00 2,787,094.00 2,561,385.00
      Capital Stock 71,700.00 68,300.00 66,140.00 64,793.00 62,827.00
      Share Premium 2,193,400.00 2,007,700.00 1,882,653.00 1,783,436.00 1,657,285.00
      Retained Earnings 1,249,100.00 1,158,200.00 1,064,122.00 962,458.00 870,738.00
      Treasury Shares 3,300.00 4,100.00 2,435.00 3,509.00 2,119.00
      Accumulated Other Comprehensive Income -18,800.00 -29,600.00 -31,134.00 -40,168.00 -54,692.00
   Minority Interest 0 0 0 0 0
Investments 7,300.00 6,400.00 5,555.00 4,889.00 4,383.00
Debt 4,517,800.00 4,401,200.00 5,203,540.00 4,967,283.00 4,004,616.00
Net Debt 4,494,400.00 4,308,200.00 5,176,555.00 4,953,473.00 3,993,877.00
Common Shares Outstanding 71,700.00 68,000.00 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 2,127,700.00 2,331,300.00 2,551,816.00 1,949,102.00 1,696,941.00
Operating Expenses 1,624,600.00 1,858,600.00 2,096,572.00 1,539,673.00 1,268,638.00
   Selling, General and Administrative Expenses 67,200.00 66,900.00 66,683.00 60,096.00 56,373.00
   Other Operating Expenses 1,557,400.00 1,791,700.00 2,029,889.00 1,479,577.00 1,212,265.00
Operating Income 503,100.00 472,700.00 455,244.00 409,429.00 428,303.00
Net Non-Operating Income -183,100.00 -171,100.00 -159,281.00 -151,000.00 -158,358.00
Interest Income 195,200.00 180,000.00 162,584.00 154,112.00 144,931.00
Interest Expense 181,700.00 167,900.00 160,989.00 152,404.00 143,470.00
Net Interest 13,500.00 12,100.00 1,595.00 1,708.00 1,461.00
EBT 320,000.00 301,600.00 295,963.00 258,429.00 269,945.00
Income Tax 34,800.00 24,200.00 24,949.00 7,156.00 32,700.00
Net Income Including Non-Controlling Interests 262,500.00 248,400.00 234,016.00 207,228.00 197,453.00
Net Income Non-Controlling Interests 10,600.00 13,800.00 24,371.00 29,516.00 30,155.00
Net Income 273,100.00 262,200.00 258,387.00 236,744.00 227,608.00
EBIT 501,700.00 469,500.00 456,952.00 410,833.00 413,415.00
Deprecation and Amortization 270,100.00 256,800.00 250,909.00 235,953.00 224,457.00
EBITDA 771,800.00 726,300.00 707,861.00 646,786.00 637,872.00
EPS 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 69,800.00 67,000.00 64,858.00 63,219.00 62,378.00
Average Shares Outstanding Diluted 69,900.00 67,100.00 65,021.00 63,325.00 62,439.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 719,300.00 944,400.00 584,801.00 -64,565.00 541,863.00
   Operating Net Income 557,200.00 542,600.00 540,428.00 497,960.00 476,690.00
   Deprecation and Amortization 270,100.00 256,800.00 250,909.00 235,953.00 224,457.00
   Deferred Income Tax 52,000.00 25,400.00 25,592.00 7,261.00 38,891.00
   Share Based Compensation 10,600.00 7,000.00 8,551.00 9,655.00 5,373.00
   Change in Working Capital -53,200.00 -370,200.00 -24,047.00 551,354.00 11,592.00
   Other Operating Activities -117,400.00 482,800.00 -216,632.00 -1,366,748.00 -215,140.00
Investing Cash Flow -746,000.00 -536,700.00 -603,880.00 -664,230.00 -1,523,328.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 744,200.00 555,600.00 604,365.00 677,492.00 767,404.00
   Net Purchase/Sale of Investments Net 1,800.00 -18,900.00 -485.00 -13,262.00 -5,740.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -1,492,000.00 -1,073,400.00 -1,207,760.00 -1,328,460.00 -2,284,992.00
Financing Cash Flow -42,900.00 -341,700.00 32,254.00 731,866.00 216,882.00
   Net Issuance/Repayment of Debt 1,050,000.00 1,325,000.00 0 2,208,436.00 293,137.00
   Net Issuance/Repurchase of Equity 181,400.00 118,300.00 90,044.00 118,979.00 99,278.00
   Dividends Paid 182,300.00 168,100.00 156,723.00 145,023.00 135,439.00
   Other Financing Activities -1,456,600.00 -1,953,100.00 -214,513.00 -1,740,572.00 -310,972.00
Net Change in Cash -69,600.00 66,000.00 13,175.00 3,071.00 -2,919.00
   Cash at Beginning of Period 93,000.00 27,000.00 13,810.00 10,739.00 13,658.00
   Cash at End of Period 23,400.00 93,000.00 26,985.00 13,810.00 10,739.00
Free Cash Flow 0 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Assets 10,329,000.00 10,091,600.00 10,061,200.00 10,022,600.00 9,718,700.00 10,185,900.00 9,676,700.00 9,620,400.00 9,932,928.00 9,409,095.00 9,460,136.00 9,618,230.00 9,322,294.00 9,134,562.00 9,130,654.00 9,131,896.00 8,910,390.00 8,738,052.00 8,696,199.00 8,088,786.00
   Current Assets 667,600.00 608,400.00 708,100.00 754,000.00 599,500.00 1,173,600.00 797,600.00 841,700.00 1,240,274.00 802,328.00 918,318.00 1,084,469.00 849,248.00 760,427.00 849,308.00 821,353.00 627,726.00 571,739.00 578,615.00 506,895.00
      Cash and Short-Term Investments 29,100.00 15,800.00 14,100.00 23,400.00 19,600.00 631,700.00 129,700.00 93,000.00 600,502.00 158,547.00 45,130.00 26,985.00 17,092.00 15,362.00 21,347.00 13,810.00 14,934.00 5,734.00 17,925.00 10,739.00
            Cash and Cash Equivalents 21,100.00 8,100.00 6,600.00 16,100.00 12,500.00 624,800.00 123,000.00 86,600.00 594,289.00 152,581.00 39,365.00 21,430.00 11,693.00 10,216.00 16,330.00 8,921.00 10,181.00 1,175.00 13,442.00 6,356.00
            Short-Term Investments 8,000.00 7,700.00 7,500.00 7,300.00 7,100.00 6,900.00 6,700.00 6,400.00 6,213.00 5,966.00 5,765.00 5,555.00 5,399.00 5,146.00 5,017.00 4,889.00 4,753.00 4,559.00 4,483.00 4,383.00
      Net Receivables 251,400.00 260,800.00 377,900.00 351,200.00 205,400.00 221,500.00 334,400.00 350,300.00 228,830.00 260,350.00 477,089.00 508,192.00 249,747.00 267,103.00 383,790.00 321,652.00 181,956.00 189,437.00 282,382.00 265,961.00
      Inventory 173,000.00 145,200.00 128,100.00 153,900.00 155,400.00 134,800.00 130,600.00 160,900.00 168,079.00 136,534.00 129,960.00 207,421.00 223,162.00 152,864.00 108,232.00 150,979.00 145,743.00 114,089.00 102,603.00 117,400.00
      Other Current Assets 214,100.00 186,600.00 188,000.00 225,500.00 219,100.00 185,600.00 202,900.00 237,500.00 242,863.00 246,897.00 266,139.00 341,871.00 359,247.00 325,098.00 335,939.00 334,912.00 285,093.00 262,479.00 175,705.00 112,795.00
   Non-Current Assets 9,661,400.00 9,483,200.00 9,353,100.00 9,268,600.00 9,119,200.00 9,012,300.00 8,879,100.00 8,778,700.00 8,692,654.00 8,606,767.00 8,541,818.00 8,533,761.00 8,473,046.00 8,374,135.00 8,281,346.00 8,310,543.00 8,282,664.00 8,166,313.00 8,117,584.00 7,581,891.00
      Property, Plant, Equipment Net 10,104,200.00 9,894,500.00 9,714,600.00 33,590,800.00 9,383,000.00 9,238,100.00 9,068,400.00 31,318,800.00 8,767,954.00 8,590,796.00 8,466,173.00 29,334,234.00 8,236,053.00 8,086,704.00 7,927,840.00 31,615,371.00 7,697,880.00 7,558,204.00 7,415,818.00 29,416,945.00
      Goodwill 1,299,500.00 1,299,500.00 1,299,500.00 1,299,500.00 1,299,500.00 1,299,500.00 1,299,500.00 1,299,500.00 1,299,454.00 1,299,454.00 1,299,454.00 1,299,454.00 1,299,454.00 1,299,454.00 1,299,454.00 1,299,454.00 1,299,454.00 1,299,454.00 1,299,454.00 1,299,454.00
      Intangible Assets 6,700.00 7,000.00 7,300.00 7,600.00 7,900.00 8,100.00 8,400.00 8,400.00 8,708.00 9,002.00 9,296.00 9,589.00 9,883.00 10,177.00 10,474.00 10,770.00 11,063.00 11,356.00 11,649.00 11,944.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15,481.00 0 0 0 15,810.00
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets -1,749,000.00 -1,717,800.00 -1,668,300.00 -25,629,300.00 -1,571,200.00 -1,533,400.00 -1,497,200.00 -23,848,000.00 -1,383,462.00 -1,292,485.00 -1,233,105.00 -22,109,516.00 -1,072,344.00 -1,022,200.00 -956,422.00 -24,630,533.00 -725,733.00 -702,701.00 -609,337.00 -23,162,262.00
Liabilities 2,636,000.00 2,660,800.00 2,635,400.00 6,437,400.00 6,186,500.00 6,742,500.00 6,254,200.00 6,314,600.00 6,673,356.00 6,206,328.00 6,268,405.00 6,528,335.00 6,338,537.00 6,151,761.00 6,159,632.00 6,244,773.00 6,110,488.00 5,979,158.00 5,970,897.00 2,763,699.00
   Current Liabilities 734,600.00 953,900.00 928,900.00 771,700.00 536,200.00 1,106,800.00 1,088,400.00 1,189,900.00 1,602,672.00 977,860.00 1,038,911.00 1,672,084.00 969,597.00 785,180.00 794,724.00 907,554.00 758,117.00 1,230,528.00 1,229,599.00 701,851.00
      Payables and Expenses 511,500.00 431,900.00 470,000.00 531,300.00 439,500.00 426,300.00 396,500.00 479,700.00 381,491.00 350,559.00 402,082.00 553,477.00 437,881.00 412,055.00 400,311.00 462,520.00 391,965.00 352,376.00 390,623.00 426,952.00
            Account Payables 219,100.00 180,800.00 216,800.00 229,100.00 136,300.00 155,200.00 132,600.00 186,400.00 124,033.00 133,300.00 173,221.00 310,020.00 187,046.00 185,735.00 173,102.00 217,761.00 142,130.00 133,354.00 160,179.00 183,340.00
            Current Accrued Liabilities 292,400.00 251,100.00 253,200.00 302,200.00 303,200.00 271,100.00 263,900.00 293,300.00 257,458.00 217,259.00 228,861.00 243,457.00 250,835.00 226,320.00 227,209.00 244,759.00 249,835.00 219,022.00 230,444.00 243,612.00
      Short-Term Debt 126,000.00 547,400.00 419,800.00 133,800.00 17,500.00 600,000.00 600,000.00 600,000.00 1,125,000.00 525,000.00 525,000.00 1,596,200.00 501,350.00 335,050.00 341,480.00 420,180.00 332,525.00 1,666,700.00 1,638,740.00 476,516.00
      Other Current Liabilities 97,100.00 -25,400.00 39,100.00 106,600.00 79,200.00 80,500.00 91,900.00 110,200.00 96,181.00 102,301.00 111,829.00 -477,593.00 30,366.00 38,075.00 52,933.00 24,854.00 33,627.00 -788,548.00 -799,764.00 -201,617.00
   Non-Current Liabilities 1,901,400.00 1,706,900.00 1,706,500.00 5,665,700.00 5,650,300.00 5,635,700.00 5,165,800.00 5,124,700.00 5,070,684.00 5,228,468.00 5,229,494.00 4,856,251.00 5,368,940.00 5,366,581.00 5,364,908.00 5,337,219.00 5,352,371.00 4,748,630.00 4,741,298.00 2,061,848.00
      Long-Term Debt 4,252,800.00 3,952,400.00 3,951,600.00 4,250,200.00 4,248,800.00 4,247,100.00 3,802,800.00 3,801,200.00 3,799,510.00 3,955,745.00 3,954,409.00 3,607,340.00 4,131,033.00 4,129,662.00 4,128,291.00 4,126,923.00 4,125,571.00 3,530,216.00 3,529,158.00 3,528,100.00
      Other Non-Current Liabilities -2,351,400.00 -2,245,500.00 -2,245,100.00 1,415,500.00 1,401,500.00 1,388,600.00 1,363,000.00 1,323,500.00 1,271,174.00 1,272,723.00 1,275,085.00 1,248,911.00 1,237,907.00 1,236,919.00 1,236,617.00 1,210,296.00 1,226,800.00 1,218,414.00 1,212,140.00 -1,466,252.00
Equity 7,693,000.00 7,430,800.00 7,425,800.00 3,585,200.00 3,532,200.00 3,443,400.00 3,422,500.00 3,305,800.00 3,259,572.00 3,202,767.00 3,191,731.00 3,089,895.00 2,983,757.00 2,982,801.00 2,971,022.00 2,887,123.00 2,799,902.00 2,758,894.00 2,725,302.00 5,325,087.00
   Shareholders Equity 3,768,000.00 3,636,100.00 3,635,100.00 3,501,500.00 3,446,600.00 3,357,300.00 3,333,900.00 3,215,300.00 3,167,317.00 3,110,015.00 3,097,947.00 2,994,913.00 2,886,616.00 2,885,447.00 2,871,915.00 2,787,094.00 2,697,523.00 2,659,040.00 2,624,513.00 2,561,385.00
      Capital Stock 75,500.00 72,900.00 72,500.00 71,700.00 71,700.00 69,700.00 69,000.00 68,300.00 68,046.00 67,115.00 66,671.00 66,140.00 65,105.00 65,105.00 64,849.00 64,793.00 63,865.00 63,527.00 62,910.00 62,827.00
      Share Premium 2,415,000.00 2,260,700.00 2,238,200.00 2,193,400.00 2,193,900.00 2,084,200.00 2,040,200.00 2,007,700.00 1,994,439.00 1,941,234.00 1,911,476.00 1,882,653.00 1,811,093.00 1,808,437.00 1,786,980.00 1,783,436.00 1,726,277.00 1,701,825.00 1,658,957.00 1,657,285.00
      Retained Earnings 1,289,000.00 1,313,300.00 1,334,800.00 1,249,100.00 1,197,500.00 1,219,600.00 1,241,700.00 1,158,200.00 1,121,196.00 1,118,145.00 1,136,844.00 1,064,122.00 1,032,522.00 1,036,263.00 1,041,451.00 962,458.00 929,369.00 921,122.00 931,538.00 870,738.00
      Treasury Shares 2,700.00 2,800.00 2,000.00 3,300.00 5,900.00 4,900.00 4,700.00 4,100.00 3,457.00 3,167.00 2,697.00 2,435.00 1,715.00 1,542.00 1,287.00 3,509.00 2,819.00 2,988.00 2,564.00 2,119.00
      Accumulated Other Comprehensive Income -8,800.00 -8,000.00 -8,400.00 -18,800.00 -21,200.00 -22,600.00 -24,600.00 -29,600.00 -25,814.00 -26,624.00 -28,694.00 -31,134.00 -40,778.00 -45,632.00 -40,156.00 -40,168.00 -38,338.00 -48,892.00 -52,656.00 -54,692.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 8,000.00 7,700.00 7,500.00 7,300.00 7,100.00 6,900.00 6,700.00 6,400.00 6,213.00 5,966.00 5,765.00 5,555.00 5,399.00 5,146.00 5,017.00 4,889.00 4,753.00 4,559.00 4,483.00 4,383.00
Debt 4,504,800.00 4,499,800.00 4,371,400.00 4,517,800.00 4,283,800.00 4,847,100.00 4,402,800.00 4,401,200.00 4,924,510.00 4,480,745.00 4,479,409.00 5,203,540.00 5,133,733.00 4,799,762.00 4,811,251.00 4,967,283.00 4,790,621.00 5,196,916.00 5,167,898.00 4,004,616.00
Net Debt 4,475,700.00 4,484,000.00 4,357,300.00 4,494,400.00 4,264,200.00 4,215,400.00 4,273,100.00 4,308,200.00 4,324,008.00 4,322,198.00 4,434,279.00 5,176,555.00 5,116,641.00 4,784,400.00 4,789,904.00 4,953,473.00 4,775,687.00 5,191,182.00 5,149,973.00 3,993,877.00
Common Shares Outstanding 0 0 0 71,700.00 0 0 0 68,000.00 0 0 0 0 0 0 0 0 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 1,674,500.00 1,244,200.00 805,200.00 -1,258,300.00 1,530,600.00 1,129,000.00 726,400.00 -1,661,869.00 1,739,568.00 1,332,442.00 921,159.00 -1,329,896.00 1,760,377.00 1,297,765.00 823,570.00 -1,076,928.00 1,386,594.00 1,006,004.00 633,432.00
Operating Expenses 1,308,400.00 956,800.00 600,200.00 -964,300.00 1,190,800.00 865,000.00 533,100.00 -1,385,117.00 1,403,398.00 1,094,043.00 746,276.00 -1,040,824.00 1,435,156.00 1,052,023.00 650,217.00 -847,007.00 1,091,140.00 800,423.00 495,117.00
   Selling, General and Administrative Expenses 50,000.00 32,700.00 17,600.00 -33,400.00 50,000.00 33,600.00 17,000.00 -33,785.00 49,888.00 33,419.00 17,378.00 -32,613.00 49,365.00 33,235.00 16,696.00 -30,482.00 45,390.00 30,166.00 15,022.00
   Other Operating Expenses 1,258,400.00 924,100.00 582,600.00 -930,900.00 1,140,800.00 831,400.00 516,100.00 -1,351,332.00 1,353,510.00 1,060,624.00 728,898.00 -1,008,211.00 1,385,791.00 1,018,788.00 633,521.00 -816,525.00 1,045,750.00 770,257.00 480,095.00
Operating Income 366,100.00 287,400.00 205,000.00 -294,000.00 339,800.00 264,000.00 193,300.00 -949,092.00 1,008,510.00 238,399.00 174,883.00 -289,072.00 325,221.00 245,742.00 173,353.00 -229,921.00 295,454.00 205,581.00 138,315.00
Net Non-Operating Income -148,500.00 -99,700.00 -50,500.00 82,500.00 -133,600.00 -87,200.00 -44,800.00 757,497.00 -799,876.00 -85,891.00 -42,830.00 68,199.00 -114,597.00 -75,042.00 -37,841.00 78,110.00 -112,185.00 -78,274.00 -38,651.00
Interest Income 152,200.00 101,600.00 51,700.00 195,200.00 0 0 0 180,000.00 0 0 0 162,584.00 0 0 0 154,112.00 0 0 0
Interest Expense 149,600.00 100,300.00 51,300.00 181,700.00 0.00 0.00 0.00 167,900.00 0.00 0.00 0.00 160,989.00 0.00 0.00 0.00 152,404.00 0.00 0.00 0.00
Net Interest 2,600.00 1,300.00 400.00 -8,900.00 12,900.00 7,500.00 2,000.00 3,446.00 5,786.00 2,307.00 561.00 -372.00 1,126.00 565.00 276.00 -487.00 1,278.00 692.00 225.00
EBT 217,600.00 187,700.00 154,500.00 -211,500.00 206,200.00 176,800.00 148,500.00 -191,595.00 208,634.00 152,508.00 132,053.00 -220,873.00 210,624.00 170,700.00 135,512.00 -151,811.00 183,269.00 127,307.00 99,664.00
Income Tax 25,900.00 22,000.00 17,800.00 -23,400.00 22,400.00 19,600.00 16,200.00 -12,278.00 14,807.00 7,630.00 14,041.00 -20,157.00 16,095.00 14,187.00 14,824.00 1,148.00 5,533.00 387.00 88.00
Net Income Including Non-Controlling Interests 182,100.00 158,200.00 132,200.00 -174,100.00 167,400.00 145,000.00 124,200.00 -165,094.00 172,356.00 130,350.00 110,788.00 -202,148.00 177,124.00 145,012.00 114,028.00 -153,339.00 154,242.00 114,180.00 92,145.00
Net Income Non-Controlling Interests 4,500.00 3,500.00 2,100.00 -6,300.00 7,600.00 5,600.00 3,700.00 -6,447.00 10,164.00 6,787.00 3,296.00 6,154.00 8,790.00 5,929.00 3,498.00 6,701.00 11,347.00 7,297.00 4,171.00
Net Income 186,600.00 161,700.00 134,300.00 -180,400.00 175,000.00 150,600.00 127,900.00 -171,541.00 182,520.00 137,137.00 114,084.00 -195,994.00 185,914.00 150,941.00 117,526.00 -146,638.00 165,589.00 121,477.00 96,316.00
EBIT 367,200.00 288,000.00 205,800.00 -29,800.00 206,200.00 176,800.00 148,500.00 -23,695.00 208,634.00 152,508.00 132,053.00 -59,884.00 210,624.00 170,700.00 135,512.00 593.00 183,269.00 127,307.00 99,664.00
Deprecation and Amortization 210,500.00 139,000.00 69,200.00 -130,100.00 201,800.00 132,500.00 65,900.00 -122,435.00 191,235.00 126,357.00 61,643.00 -122,755.00 188,610.00 124,591.00 60,463.00 -111,899.00 174,871.00 115,712.00 57,269.00
EBITDA 577,700.00 427,000.00 275,000.00 -159,900.00 408,000.00 309,300.00 214,400.00 -146,130.00 399,869.00 278,865.00 193,696.00 -182,639.00 399,234.00 295,291.00 195,975.00 -111,306.00 358,140.00 243,019.00 156,933.00
EPS 0.00 0.00 0.00 -0.00 0.00 0.00 0.00 -0.00 0.00 0.00 0.00 -0.00 0.00 0.00 0.00 -0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 72,300.00 72,000.00 71,600.00 73,200.00 69,200.00 68,600.00 68,200.00 68,997.00 66,652.00 66,315.00 66,036.00 65,502.00 64,722.00 64,643.00 64,565.00 64,542.00 62,950.00 62,751.00 62,633.00
Average Shares Outstanding Diluted 72,400.00 72,100.00 71,800.00 73,300.00 69,300.00 68,700.00 68,300.00 69,124.00 66,725.00 66,419.00 66,132.00 65,631.00 64,910.00 64,822.00 64,721.00 64,746.00 63,046.00 62,817.00 62,691.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow 505,300.00 416,400.00 227,800.00 -544,200.00 566,100.00 464,000.00 233,400.00 -745,468.00 756,052.00 605,071.00 328,745.00 -615,637.00 494,287.00 442,030.00 264,121.00 716,454.00 -144,760.00 -250,173.00 -386,086.00
   Operating Net Income 186,900.00 162,000.00 271,000.00 -23,600.00 174,000.00 148,800.00 258,000.00 -11,428.00 185,490.00 137,928.00 230,610.00 -59,834.00 196,332.00 159,800.00 244,130.00 2,208.00 171,534.00 125,066.00 199,152.00
   Deprecation and Amortization 210,500.00 139,000.00 69,200.00 -130,100.00 201,800.00 132,500.00 65,900.00 -122,435.00 191,235.00 126,357.00 61,643.00 -122,755.00 188,610.00 124,591.00 60,463.00 -111,899.00 174,871.00 115,712.00 57,269.00
   Deferred Income Tax 40,600.00 37,500.00 33,200.00 -40,900.00 39,600.00 36,600.00 16,700.00 -14,775.00 16,114.00 9,203.00 14,858.00 -18,792.00 16,062.00 13,860.00 14,462.00 572.00 5,844.00 692.00 153.00
   Share Based Compensation 8,000.00 5,700.00 2,600.00 -5,400.00 8,200.00 5,400.00 2,400.00 -3,658.00 4,563.00 4,311.00 1,784.00 -5,700.00 6,779.00 3,834.00 3,638.00 -5,891.00 7,245.00 5,044.00 3,257.00
   Change in Working Capital -86,200.00 -158,000.00 -133,100.00 370,900.00 -118,300.00 -163,900.00 -141,900.00 852,173.00 -412,934.00 -453,237.00 -356,202.00 270,296.00 -12,062.00 -138,647.00 -143,634.00 -968,731.00 561,129.00 470,420.00 488,536.00
   Other Operating Activities 145,500.00 230,200.00 -15,100.00 -715,100.00 260,800.00 304,600.00 32,300.00 -1,445,345.00 771,584.00 780,509.00 376,052.00 -678,852.00 98,566.00 278,592.00 85,062.00 1,800,195.00 -1,065,383.00 -967,107.00 -1,134,453.00
Investing Cash Flow -556,400.00 -376,200.00 -155,200.00 303,600.00 -532,000.00 -340,700.00 -176,900.00 213,962.00 -403,785.00 -245,372.00 -101,505.00 291,670.00 -466,321.00 -291,385.00 -137,844.00 275,837.00 -484,106.00 -309,737.00 -146,224.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 550,200.00 371,800.00 152,900.00 -304,900.00 530,500.00 342,400.00 176,200.00 -247,014.00 421,770.00 261,739.00 119,105.00 -292,519.00 466,302.00 293,803.00 136,779.00 -286,135.00 497,849.00 319,476.00 146,302.00
   Net Purchase/Sale of Investments Net 6,200.00 4,400.00 2,300.00 1,300.00 1,500.00 -1,700.00 700.00 33,052.00 -17,985.00 -16,367.00 -17,600.00 849.00 19.00 -2,418.00 1,065.00 10,298.00 -13,743.00 -9,739.00 -78.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -1,112,800.00 -752,400.00 -310,400.00 607,200.00 -1,064,000.00 -681,400.00 -353,800.00 427,924.00 -807,570.00 -490,744.00 -203,010.00 583,340.00 -932,642.00 -582,770.00 -275,688.00 551,674.00 -968,212.00 -619,474.00 -292,448.00
Financing Cash Flow 56,800.00 -47,800.00 -81,900.00 -331,000.00 -107,500.00 415,400.00 -19,800.00 -125,718.00 221,250.00 -228,137.00 -209,095.00 324,771.00 -24,684.00 -149,093.00 -118,740.00 -995,596.00 633,061.00 554,905.00 539,496.00
   Net Issuance/Repayment of Debt 300,000.00 0 0 -450,000.00 1,050,000.00 450,000.00 0 -175,000.00 800,000.00 350,000.00 350,000.00 0 0 0 0 -2,402,872.00 2,208,436.00 1,201,436.00 1,201,436.00
   Net Issuance/Repurchase of Equity 219,200.00 65,000.00 45,600.00 -104,400.00 181,600.00 73,000.00 31,200.00 -71,152.00 107,380.00 54,689.00 27,383.00 46,131.00 20,027.00 20,095.00 3,791.00 15,965.00 62,977.00 40,037.00 0
   Dividends Paid 146,800.00 97,600.00 48,600.00 -87,200.00 135,800.00 89,300.00 44,400.00 -81,822.00 125,446.00 83,114.00 41,362.00 -74,796.00 115,850.00 77,136.00 38,533.00 -68,540.00 106,957.00 71,092.00 35,514.00
   Other Financing Activities -609,200.00 -210,400.00 -176,100.00 310,600.00 -1,474,900.00 -196,900.00 -95,400.00 202,256.00 -811,576.00 -715,940.00 -627,840.00 353,436.00 -160,561.00 -246,324.00 -161,064.00 1,459,851.00 -1,745,309.00 -757,660.00 -697,454.00
Net Change in Cash 5,700.00 -7,600.00 -9,300.00 -571,600.00 -73,400.00 538,700.00 36,700.00 -657,224.00 573,517.00 131,562.00 18,145.00 804.00 3,282.00 1,552.00 7,537.00 -3,305.00 4,195.00 -5,005.00 7,186.00
   Cash at Beginning of Period 23,400.00 23,400.00 23,400.00 595,000.00 93,000.00 93,000.00 93,000.00 750,224.00 26,985.00 26,985.00 26,985.00 26,181.00 13,810.00 13,810.00 13,810.00 17,115.00 10,739.00 10,739.00 10,739.00
   Cash at End of Period 29,100.00 15,800.00 14,100.00 23,400.00 19,600.00 631,700.00 129,700.00 93,000.00 600,502.00 158,547.00 45,130.00 26,985.00 17,092.00 15,362.00 21,347.00 13,810.00 14,934.00 5,734.00 17,925.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0