Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 2.9B | 1.6B | 987.1M | 958.8M | 875.5M |
| Operating Revenue | 2.9B | 1.6B | 987.1M | 958.8M | 875.5M |
| Cost Of Revenue | 1.6B | 1.1B | 863.0M | 810.9M | 813.3M |
| Gross Profit | 1.2B | 549.9M | 124.1M | 147.9M | 62.2M |
| Selling General And Administration | 55.3M | 43.5M | 46.9M | 51.1M | 39.6M |
| General And Administrative Expense | 55.3M | 43.5M | 46.9M | 51.1M | 39.6M |
| Depreciation And Amortization In Income Statement | -- | 1.2M | 1.4M | 1.5M | 1.8M |
| Other Operating Expenses | 40.5M | 14.0M | 46.8M | 40.1M | 75.8M |
| Operating Expense | 95.8M | 57.5M | 95.1M | 92.7M | 141.7M |
| Operating Income | 1.1B | 492.4M | 29.0M | 55.2M | -79.5M |
| EBIT | 1.1B | 990.5M | 93.7M | 31.6M | -54.5M |
| Interest Expense | 105.0M | 13.3M | -34.5M | -10.1M | 0.00 |
| Interest Expense Non Operating | 105.0M | 13.3M | -34.5M | -10.1M | 0.00 |
| Interest Income | 10.0M | 17.2M | 27.8M | 8.5M | 3.7M |
| Interest Income Non Operating | 10.0M | 17.2M | 27.8M | 8.5M | 3.7M |
| Net Interest Income | -107.9M | -15.2M | 41.3M | 10.0M | -1.5M |
| Other Income Expense | -43.7M | 500.0M | 57.6M | -23.5M | 26.5M |
| Other Non Operating Income Expenses | -3.2M | -3.3M | -7.1M | -6.4M | -6.1M |
| Special Income Charges | -11.6M | 524.2M | 88.4M | -15.8M | 44.0M |
| Restructuring And Mergern Acquisition | 700,000 | -8.2M | 7.0M | -700,000 | -3.6M |
| Write Off | 3.6M | 900,000 | 1.3M | 600,000 | 3.5M |
| Gain On Sale Of Security | -28.9M | -20.9M | -23.7M | -1.3M | -11.4M |
| Earnings From Equity Interest | -- | -- | -- | -- | -600,000 |
| Pretax Income | 969.8M | 977.2M | 128.2M | 41.7M | -54.5M |
| Tax Provision | 237.5M | 129.4M | 30.7M | 78.1M | 33.4M |
| Tax Effect Of Unusual Items | -9.9M | 66.4M | 15.5M | -4.5M | 8.6M |
| Net Income From Continuing And Discontinued Operation | 664.4M | 819.6M | 94.3M | -70.1M | -254.4M |
| Net Income From Continuing Operation Net Minority Interest | 664.4M | 819.6M | 88.0M | -53.7M | -87.2M |
| Net Income Including Noncontrolling Interests | 732.3M | 847.8M | 103.8M | -52.8M | -255.1M |
| Minority Interests | -67.9M | -28.2M | -9.5M | -17.3M | 700,000 |
| Net Income Common Stockholders | 664.4M | 819.6M | 94.3M | -70.1M | -254.4M |
| Net Income | 664.4M | 819.6M | 94.3M | -70.1M | -254.4M |
| EBITDA | 1.5B | 1.3B | 315.4M | 273.6M | 219.0M |
| Normalized EBITDA | 1.5B | 762.2M | 250.7M | 290.7M | 186.4M |
| Reconciled Depreciation | 420.9M | 275.0M | 221.7M | 242.0M | 273.5M |
| Basic EPS | -- | 1.52 | 0.19 | -0.15 | -0.53 |
| Diluted EPS | -- | 1.50 | 0.19 | -0.15 | -0.53 |
| Basic Average Shares | -- | 539.8M | 480.6M | 478.6M | 476.5M |
| Diluted Average Shares | -- | 545.9M | 484.6M | 478.6M | 476.5M |
| Total Unusual Items | -40.5M | 503.3M | 64.7M | -17.1M | 32.6M |
| Total Unusual Items Excluding Goodwill | -40.5M | 503.3M | 64.7M | -17.1M | 32.6M |
| Tax Rate For Calcs | 0.24 | 0.13 | 0.24 | 0.26 | 0.27 |
| Normalized Income | 695.0M | 382.7M | 38.8M | -41.1M | -111.2M |
| Depreciation Amortization Depletion Income Statement | -- | 1.2M | 1.4M | 1.5M | 1.8M |
| Depreciation Income Statement | -- | 1.2M | 1.4M | 1.5M | 1.8M |
| Diluted NI Availto Com Stockholders | 664.4M | 819.6M | 94.3M | -70.1M | -254.4M |
| Gain On Sale Of Business | -- | 0.00 | 15.5M | 0.00 | 16.1M |
| Gain On Sale Of Ppe | 4.9M | 34.1M | 109.1M | 0.00 | 45.9M |
| Impairment Of Capital Assets | 12.2M | -455.5M | 0.00 | 17.1M | 15.0M |
| Net Income Continuous Operations | 732.3M | 847.8M | 97.5M | -36.4M | -87.9M |
| Net Income Discontinuous Operations | -- | 0.00 | 6.3M | -16.4M | -167.2M |
| Net Non Operating Interest Income Expense | -107.9M | -15.2M | 41.3M | 10.0M | -1.5M |
| Other Gand A | 23.5M | 12.7M | 11.5M | 11.5M | 9.6M |
| Other Special Charges | -- | -27.3M | 27.9M | -1.2M | 3.1M |
| Reconciled Cost Of Revenue | 1.6B | 1.1B | 642.7M | 570.4M | 541.6M |
| Salaries And Wages | 31.8M | 30.8M | 35.4M | 39.6M | 30.0M |
| Total Expenses | 1.7B | 1.1B | 958.1M | 903.6M | 955.0M |
| Total Operating Income As Reported | 1.1B | 944.0M | -300,000 | 41.3M | -104.6M |
| Total Other Finance Cost | 12.9M | 19.1M | 21.0M | 8.6M | 5.2M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 421.9M | 347.5M | 367.1M | 407.8M | 544.9M |
| Cash Cash Equivalents And Short Term Investments | 422.9M | 348.5M | 367.1M | 407.8M | 552.5M |
| Cash Equivalents | -- | -- | -- | 0.00 | 115.2M |
| Cash Financial | -- | -- | -- | 407.8M | 429.7M |
| Other Short Term Investments | 1.0M | 1.0M | 0.00 | 0.00 | 7.6M |
| Accounts Receivable | -- | -- | -- | -- | 0.00 |
| Receivables | 60.9M | 34.7M | 67.8M | 83.0M | 47.2M |
| Inventory | 377.0M | 271.9M | 266.3M | 199.9M | 302.1M |
| Prepaid Assets | 15.4M | 13.2M | 10.6M | 13.4M | 17.4M |
| Current Assets | 903.7M | 668.3M | 753.7M | 1.5B | 951.1M |
| Gross PPE | 8.1B | 7.5B | 6.8B | 5.7B | 6.6B |
| Accumulated Depreciation | -3.6B | -3.1B | -3.3B | -3.1B | -3.9B |
| Net PPE | 4.6B | 4.4B | 3.5B | 2.7B | 2.7B |
| Investments And Advances | 19.4M | 11.3M | 16.2M | 8.1M | 45.1M |
| Long Term Equity Investment | -- | -- | -- | -- | 0.00 |
| Other Non Current Assets | 275.5M | 243.8M | 216.4M | 163.4M | 184.8M |
| Total Non Current Assets | 4.9B | 4.7B | 3.8B | 2.9B | 3.0B |
| Total Assets | 5.9B | 5.4B | 4.5B | 4.4B | 4.0B |
| Current Debt | 1.0M | 1.0M | 5.0M | 8.7M | 7.5M |
| Current Debt And Capital Lease Obligation | 33.3M | 29.8M | 26.1M | 13.8M | 28.9M |
| Accounts Payable | 329.1M | 264.8M | 317.6M | 294.1M | 304.4M |
| Payables | 428.7M | 327.5M | 323.4M | 331.9M | 333.9M |
| Payables And Accrued Expenses | 428.7M | 327.5M | 323.4M | 331.9M | 333.9M |
| Current Deferred Revenue | 0.00 | 151.1M | 240.7M | 0.00 | 189.7M |
| Other Current Liabilities | 50.0M | 27.7M | 35.2M | 294.9M | 22.7M |
| Current Liabilities | 517.1M | 550.6M | 630.8M | 646.2M | 581.7M |
| Long Term Debt | 648.8M | 1.0B | 825.8M | 910.0M | 456.9M |
| Long Term Debt And Capital Lease Obligation | 728.5M | 1.1B | 926.0M | 978.7M | 501.1M |
| Long Term Capital Lease Obligation | 79.7M | 95.4M | 100.2M | 68.7M | 44.2M |
| Other Non Current Liabilities | 100,000 | 700,000 | -- | 19.6M | 40.3M |
| Total Non Current Liabilities Net Minority Interest | 1.1B | 1.4B | 1.6B | 1.6B | 1.1B |
| Total Liabilities Net Minority Interest | 1.6B | 2.0B | 2.3B | 2.2B | 1.7B |
| Common Stock | 3.4B | 3.1B | 2.7B | 2.7B | 2.7B |
| Capital Stock | 3.4B | 3.1B | 2.7B | 2.7B | 2.7B |
| Additional Paid In Capital | -27.4M | 57.6M | 59.2M | 58.2M | 59.1M |
| Retained Earnings | 872.6M | 259.4M | -538.3M | -632.4M | -562.2M |
| Gains Losses Not Affecting Retained Earnings | -37.6M | -50.9M | -47.0M | -21.3M | 23.8M |
| Other Equity Adjustments | -37.6M | -50.9M | -47.0M | -21.3M | 23.8M |
| Common Stock Equity | 4.2B | 3.3B | 2.2B | 2.1B | 2.2B |
| Stockholders Equity | 4.2B | 3.3B | 2.2B | 2.1B | 2.2B |
| Total Equity Gross Minority Interest | 4.2B | 3.4B | 2.3B | 2.2B | 2.3B |
| Minority Interest | 54.5M | 64.0M | 58.1M | 76.0M | 77.3M |
| Total Capitalization | 4.8B | 4.4B | 3.0B | 3.0B | 2.7B |
| Net Tangible Assets | 4.2B | 3.3B | 2.2B | 2.1B | 2.2B |
| Tangible Book Value | 4.2B | 3.3B | 2.2B | 2.1B | 2.2B |
| Working Capital | 386.6M | 117.7M | 122.9M | 875.1M | 369.4M |
| Invested Capital | 4.8B | 4.4B | 3.0B | 3.0B | 2.7B |
| Total Debt | 761.8M | 1.2B | 952.1M | 992.5M | 530.0M |
| Net Debt | 227.9M | 681.4M | 463.7M | 510.9M | -- |
| Share Issued | 591.1M | 571.4M | 481.3M | 479.0M | 477.0M |
| Ordinary Shares Number | 591.1M | 571.4M | 481.3M | 479.0M | 477.0M |
| Assets Held For Sale Current | 25.2M | 0.00 | 34.6M | 785.6M | 0.00 |
| Available For Sale Securities | 18.4M | 10.3M | 14.2M | 6.1M | 40.4M |
| Capital Lease Obligations | 112.0M | 124.2M | 121.3M | 73.8M | 65.6M |
| Construction In Progress | 202.9M | 124.0M | 2.4B | 1.6B | 1.1B |
| Current Capital Lease Obligation | 32.3M | 28.8M | 21.1M | 5.1M | 21.4M |
| Current Deferred Assets | -- | -- | 1.2M | 1.2M | 1.2M |
| Current Deferred Liabilities | 0.00 | 151.1M | 240.7M | 0.00 | 189.7M |
| Current Provisions | 5.1M | 14.5M | 5.4M | 5.6M | 6.5M |
| Derivative Product Liabilities | -- | 0.00 | 345.3M | 0.00 | -- |
| Duefrom Related Parties Current | -- | -- | -- | -- | 0.00 |
| Duefrom Related Parties Non Current | -- | -- | -- | 0.00 | 10.7M |
| Financial Assets | -- | -- | 400,000 | 13.7M | 35.8M |
| Finished Goods | 53.1M | 56.5M | 33.8M | 42.6M | 95.2M |
| Hedging Assets Current | 2.3M | 0.00 | 7.3M | 30.4M | 30.7M |
| Held To Maturity Securities | 1.0M | 1.0M | 2.0M | 2.0M | 4.7M |
| Income Tax Payable | 99.6M | 62.7M | 5.8M | 37.8M | 29.5M |
| Investmentin Financial Assets | 19.4M | 11.3M | 16.2M | 8.1M | 45.1M |
| Investmentsin Associatesat Cost | -- | -- | -- | -- | 0.00 |
| Long Term Provisions | 308.3M | 285.1M | 360.1M | 310.4M | 470.2M |
| Machinery Furniture Equipment | 3.3B | 3.2B | 1.7B | 1.6B | 2.1B |
| Non Current Accounts Receivable | 68.2M | 67.3M | 3.7M | 2.7M | 37.7M |
| Non Current Deferred Assets | 19.1M | 18.3M | 15.2M | 19.6M | 18.9M |
| Non Current Deferred Liabilities | 52.6M | 14.0M | 11.6M | 263.4M | 61.2M |
| Non Current Deferred Revenue | -- | 0.00 | 10.9M | 240.8M | 0.00 |
| Non Current Deferred Taxes Liabilities | 52.6M | 14.0M | 700,000 | 22.6M | 61.2M |
| Non Current Prepaid Assets | -- | 2.9M | 3.3M | 3.6M | 4.0M |
| Other Current Borrowings | 1.0M | 1.0M | 5.0M | 8.7M | 7.5M |
| Other Receivables | 60.9M | 34.7M | 67.8M | 83.0M | 46.7M |
| Raw Materials | 323.9M | 215.4M | 232.5M | 157.3M | 206.9M |
| Taxes Receivable | -- | -- | -- | 500,000 | 500,000 |
| Total Tax Payable | 99.6M | 62.7M | 5.8M | 37.8M | 29.5M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 1.1B | 486.0M | 159.4M | 408.7M | 285.0M |
| Cash Flow From Continuing Operating Activities | 1.1B | 486.0M | 144.0M | 257.6M | 257.8M |
| Depreciation And Amortization | 420.9M | 275.0M | 221.7M | 242.0M | 273.5M |
| Depreciation Amortization Depletion | 420.9M | 275.0M | 221.7M | 242.0M | 273.5M |
| Stock Based Compensation | 8.3M | 5.7M | 6.2M | 5.1M | 6.7M |
| Deferred Tax | 237.5M | 129.4M | 30.7M | 78.1M | 33.4M |
| Deferred Income Tax | 237.5M | 129.4M | 30.7M | 78.1M | 33.4M |
| Change In Working Capital | -61.8M | -114.4M | -14.9M | -40.6M | 1.8M |
| Change In Receivables | -11.9M | -45.6M | 18.0M | -36.9M | 16.7M |
| Change In Inventory | -105.9M | -51.4M | -76.6M | -32.6M | -23.1M |
| Change In Payables And Accrued Expense | 56.0M | -17.4M | 43.7M | 28.9M | 8.2M |
| Other Non Cash Items | -41.7M | -145.0M | 30.8M | 57.8M | 37.9M |
| Capital Expenditure | -301.6M | -559.1M | -908.4M | -744.6M | -539.3M |
| Purchase Of PPE | -- | 0.00 | -1.1M | 0.00 | -12.2M |
| Net PPE Purchase And Sale | 0.00 | 35.5M | 196.5M | 0.00 | -12.2M |
| Purchase Of Business | -49.0M | 0.00 | 0.00 | -700,000 | -1.7M |
| Sale Of Business | -- | 0.00 | 389.2M | 0.00 | 1.8M |
| Purchase Of Investment | -- | -- | -400,000 | -- | -200,000 |
| Sale Of Investment | 24.4M | 7.0M | 0.00 | 37.9M | 0.00 |
| Net Investment Purchase And Sale | 24.4M | 7.0M | -400,000 | 37.9M | -200,000 |
| Investing Cash Flow | -378.3M | -582.4M | -402.3M | -891.9M | -630.7M |
| Cash Flow From Continuing Investing Activities | -378.3M | -582.4M | -394.1M | -761.2M | -527.0M |
| Issuance Of Debt | 130.0M | 280.0M | 379.0M | 455.0M | 0.00 |
| Repayment Of Debt | -599.0M | -85.7M | -470.2M | -11.8M | -12.4M |
| Net Issuance Payments Of Debt | -469.0M | 194.3M | -91.2M | 455.0M | -12.4M |
| Issuance Of Capital Stock | 10.7M | 293.4M | 0.00 | -- | -- |
| Repurchase Of Capital Stock | -50.0M | 0.00 | -- | -- | -- |
| Net Common Stock Issuance | -39.3M | 293.4M | 0.00 | -- | -- |
| Common Stock Payments | -50.0M | 0.00 | -- | -- | -- |
| Financing Cash Flow | -709.4M | 83.3M | 201.7M | 404.0M | -41.2M |
| Cash Flow From Continuing Financing Activities | -709.4M | 83.3M | 203.7M | 420.9M | -22.8M |
| Effect Of Exchange Rate Changes | 19.5M | -7.0M | 1.3M | -17.1M | -9.7M |
| Changes In Cash | 54.9M | -13.1M | -41.2M | -79.2M | -386.9M |
| Beginning Cash Position | 347.5M | 367.1M | 407.8M | 544.9M | 941.5M |
| End Cash Position | 421.9M | 347.5M | 367.1M | 407.8M | 544.9M |
| Free Cash Flow | 841.0M | -73.1M | -749.0M | -335.9M | -254.3M |
| Asset Impairment Charge | 7.4M | -415.2M | 5.9M | 20.4M | 78.4M |
| Capital Expenditure Reported | -301.6M | -559.1M | -907.3M | -744.6M | -527.1M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Cash From Discontinued Financing Activities | -- | 0.00 | -2.0M | -16.9M | -18.4M |
| Cash From Discontinued Investing Activities | -- | 0.00 | -8.2M | -130.7M | -103.7M |
| Cash From Discontinued Operating Activities | -- | 0.00 | 15.4M | 151.1M | 27.2M |
| Common Stock Issuance | 10.7M | 293.4M | 0.00 | -- | -- |
| Depreciation | 420.9M | 275.0M | 221.7M | 242.0M | 273.5M |
| Dividend Received Cfo | -- | -- | -- | -- | 0.00 |
| Earnings Losses From Equity Investments | -- | -- | -- | -- | 600,000 |
| Gain Loss On Investment Securities | 27.9M | -21.5M | -22.9M | -21.9M | 1.3M |
| Gain Loss On Sale Of Business | -- | 0.00 | -15.5M | -700,000 | -20.7M |
| Gain Loss On Sale Of PPE | 7.3M | -34.1M | -109.1M | 0.00 | -45.9M |
| Interest Paid Cff | -64.6M | -13.8M | 0.00 | -- | 0.00 |
| Interest Received Cfi | 8.2M | 12.6M | 26.3M | 8.4M | 3.6M |
| Long Term Debt Issuance | 130.0M | 280.0M | 379.0M | 455.0M | 0.00 |
| Long Term Debt Payments | -599.0M | -85.7M | -470.2M | -11.8M | -12.4M |
| Net Business Purchase And Sale | -49.0M | 0.00 | 389.2M | -700,000 | 100,000 |
| Net Foreign Currency Exchange Gain Loss | -27.0M | 11.1M | -4.1M | 19.2M | 12.6M |
| Net Income From Continuing Operations | 732.3M | 847.8M | 97.5M | -36.4M | -87.9M |
| Net Intangibles Purchase And Sale | -- | -- | -- | 0.00 | 45.9M |
| Net Long Term Debt Issuance | -469.0M | 194.3M | -91.2M | 455.0M | -12.4M |
| Net Other Financing Charges | -140.4M | -396.7M | 294.5M | -34.1M | -11.0M |
| Net Other Investing Changes | -60.3M | -78.4M | -98.4M | -62.2M | -37.1M |
| Net Short Term Debt Issuance | -- | -- | -- | 455.0M | 0.00 |
| Operating Gains Losses | 11.2M | -41.9M | -151.6M | -1.3M | -49.9M |
| Other Cash Adjustment Outside Changein Cash | 0.00 | 500,000 | -800,000 | -40.8M | 0.00 |
| Pension And Employee Benefit Expense | 3.0M | 2.6M | 0.00 | 2.1M | 2.8M |
| Proceeds From Stock Option Exercised | 3.9M | 6.1M | 400,000 | 1.0M | 600,000 |
| Provisionand Write Offof Assets | -- | -- | -600,000 | -1.2M | 0.00 |
| Sale Of Intangibles | -- | -- | -- | 0.00 | 45.9M |
| Sale Of PPE | 0.00 | 35.5M | 197.6M | 0.00 | 45.9M |
| Short Term Debt Issuance | -- | -- | -- | 455.0M | 0.00 |
| Taxes Refund Paid | -171.5M | -55.4M | -82.3M | -67.5M | -36.1M |