Also trades as: CDNIF (OTC) · $vol 0M

€34.64 ($39.00)

+0.46 (+1.35%)

Weekly Expected Move ±2.2%

€33 €34 €35 €35 €36

BME · Industrials · Integrated Freight & Logistics · Tech Score Sell · Power 38 · €4.6B mcap · 131M float · 0.102% daily turnover

Revenue

$13.5B +4.2% ▲

5Y CAGR: +5.1%

Gross Profit

$481M -72.6% ▼

5Y CAGR: -13.3%

Operating Income

$317M -2.8% ▼

5Y CAGR: +9.0%

Net Income

$281M -8.8% ▼

5Y CAGR: +12.3%

EPS (Diluted)

$2.13 -9.0% ▼

5Y CAGR: +12.3%

EBITDA

$558M -5.6% ▼

5Y CAGR: +9.8%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$10.8B	$11.5B	$12.4B	$13.0B	$13.5B
YoY Growth	+2.4%	+6.0%	+8.4%	+4.5%	+4.2%
Cost of Revenue	$9.8B	$10.2B	$11.6B	$11.2B	$13.1B
Gross Profit	$998M	$1.2B	$841M	$1.8B	$481M
Gross Margin	9.2%	10.8%	6.8%	13.5%	3.6%
R&D Expenses	$2M	$2M	$2M	$2M	$2M
SG&A Expenses	$79M	$80M	$121M	$98M	$163M
Operating Expenses	$762M	$969M	$548M	$1.4B	$164M
Operating Income	$240M	$266M	$293M	$326M	$317M
Operating Margin	2.2%	2.3%	2.4%	2.5%	2.3%
Interest Expense	$2M	$2M	$7M	$8M	$9M
Income Before Tax	$261M	$286M	$370M	$419M	$382M
Tax Expense	$67M	$75M	$96M	$111M	$100M
Net Income	$174M	$199M	$272M	$308M	$281M
Net Margin	1.6%	1.7%	2.2%	2.4%	2.1%
EPS (Diluted)	$1.32	$1.51	$2.07	$2.34	$2.13
EBITDA	$382M	$407M	$530M	$591M	$558M
Shares Outstanding	132M	132M	132M	132M	132M

Line Item	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3
Revenue	$3.5B	$3.3B	$3.1B	$3.5B	$7.1B	$3.4B	$3.2B	$3.6B
Cost of Revenue	$3.0B	$2.8B	$2.7B	$3.1B	$6.2B	$3.3B	$2.9B	$3.6B
Gross Profit	$487M	$458M	$458M	$445M	$893M	$148M	$316M	-$27M
Gross Margin	13.9%	13.9%	14.6%	12.7%	12.6%	4.4%	9.9%	-0.7%
R&D Expenses	$879K	$25M	-$24M	$76M	-$75M	$0	$843K	$843K
SG&A Expenses	$6M	$359M	$15M	$73M	$751M	$47M	$16M	$79M
Operating Expenses	$410M	$372M	$370M	$374M	$751M	$66M	$239M	-$112M
Operating Income	$77M	$86M	$88M	$71M	$142M	$82M	$77M	$85M
Operating Margin	2.2%	2.6%	2.8%	2.0%	2.0%	2.4%	2.4%	2.4%
Interest Expense	$670K	$3M	$2M	$2M	$4M	$2M	$5M	$2M
Income Before Tax	$100M	$104M	$99M	$86M	$178M	$97M	$90M	$101M
Tax Expense	$29M	$27M	$25M	$23M	$48M	$26M	$25M	$27M
Net Income	$71M	$77M	$74M	$63M	$130M	$71M	$65M	$74M
Net Margin	2.0%	2.3%	2.4%	1.8%	1.8%	2.1%	2.0%	2.1%
EPS (Diluted)	$0.54	$0.58	$0.56	$0.47	$0.98	$0.54	$0.49	$0.56
EBITDA	$219M	$107M	$170M	$94M	$268M	$109M	$115M	$114M
Shares Outstanding	132M	133M	133M	133M	132M	131M	132M	132M

LOG.MC BME