Consolidated statement of changes in equity

Attributable to owners of the parent company

In millions of euro

Share capital

Share premium

Other reserves

Retained losses

Total

Non-controlling interest

Total equity

Balance at 1 January 2025

46.9

1,703.2

(32.1)

(135.7)

1,582.3

14.2

1,596.5

Profit for the year

-

-

-

54.6

54.6

0.9

55.5

Other comprehensive income

Remeasurement IAS19

-

-

-

-

-

-

-

Cash flow hedge - Costs of hedging reserve

-

-

5.9

-

5.9

-

5.9

Translation movements

-

-

(41.6)

-

(41.6)

-

(41.6)

Total other comprehensive income

-

-

(35.7)

-

(35.7)

-

(35.7)

Total comprehensive income

-

-

(35.7)

54.6

18.9

0.9

19.8

Transactions with owners

Equity restructuring

-

-

-

-

-

-

-

Share issue

3.7

1.5

-

-

5.2

-

5.2

Share based payments

-

-

(2.4)

-

(2.4)

-

(2.4)

Transfer to/(from) accumulated losses

-

-

-

-

-

-

-

Dividend non-controlling interest

-

-

-

-

-

(0.7)

(0.7)

Total transactions with owners, recognised directly in equity

3.7

1.5

(2.4)

-

2.8

(0.7)

2.1

Balance at 31 December 2025

50.7

1,704.7

(70.2)

(81.1)

1,604.1

14.3

1,618.4

Attributable to owners of the parent company

In millions of euro

Share capital

Share premium

Other reserves

Retained losses

Total

Non-controlling interest

Total equity

Balance at 1 January 2024

45.8

1,702.0

(27.0)

(55.2)

1,665.6

13.8

1,679.4

Loss for the year

-

-

-

(79.7)

(79.7)

1.1

(78.6)

Other comprehensive income

Remeasurement IAS19

-

-

-

(0.3)

(0.3)

-

(0.3)

Cash flow hedge - Costs of hedging reserve

-

-

(7.2)

(0.5)

(7.7)

-

(7.7)

Translation movements

-

-

3.3

-

3.3

-

3.3

Total other comprehensive income

-

-

(3.9)

(0.8)

(4.7)

-

(4.7)

Total comprehensive income

-

-

(3.9)

(80.5)

(84.4)

1.1

(83.3)

Transactions with owners

Shares issued

1.1

-

-

-

1.1

-

1.1

Share based payments

-

1.2

(1.2)

-

-

-

-

Transfer to/(from) accumulated losses

-

-

-

-

-

-

-

Dividend non-controlling interest

-

-

-

-

-

(0.6)

(0.6)

Total transactions with owners, recognised directly in equity

1.1

1.2

(1.2)

-

1.1

(0.6)

0.5

Balance at 31 December 2024

46.9

1,703.2

(32.1)

(135.7)

1,582.3

14.2

1,596.5