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Consolidated Statements of Financial Position - EUR (€)
€ in Thousands
Dec. 31, 2024
Dec. 31, 2023
[1]
Jan. 01, 2023
[1]
Non-current assets      
Intangible assets € 4,028 € 4,419 € 4,828
Property, plant and equipment 98,714 110,634 129,095
Investments in associates 13,575 5,686 22,932
Other receivables 2,317 2,127 1,920
Marketable securities 0 0 7,492
Total non-current assets 118,634 122,866 166,267
Current assets      
Inventories 295,609 208,931 130,673
Trade receivables 166,280 35,874 11,910
Income tax receivables 1,775 802 883
Other receivables 9,385 19,097 12,833
Prepayments 28,269 38,578 31,717
Marketable securities 0 7,275 290,688
Cash and cash equivalents 559,543 392,164 444,767
Total current assets 1,060,861 702,721 923,471
Total assets 1,179,495 825,587 1,089,738
Equity      
Share capital 8,149 7,749 7,675
Distributable equity (113,855) (153,446) 255,673
Total equity (105,706) (145,697) 263,348
Non-current liabilities      
Borrowings 365,080 222,996 95,400
Contract liabilities 5,000 5,949 14,213
Deferred tax liabilities 7,258 5,830 0
Total non-current liabilities 377,338 234,775 109,613
Convertible notes, matures in April 2028      
Borrowings 458,207 407,095 399,186
Derivative liabilities 150,670 143,296 157,950
Convertible notes current 608,877 550,391 557,136
Other current liabilities      
Borrowings 33,329 14,174 13,791
Contract liabilities 936 1,184 0
Trade payables and accrued expenses 96,394 94,566 101,032
Other liabilities 67,956 41,176 31,989
Income tax payables 1,222 2,299 5,490
Provisions 99,149 32,719 7,339
Other current liabilities 298,986 186,118 159,641
Total current liabilities 907,863 736,509 716,777
Total liabilities 1,285,201 971,284 826,390
Total equity and liabilities € 1,179,495 € 825,587 € 1,089,738
[1] Restatement relates to adoption of amendments to IAS 1, “Presentation of Financial Statements.” Refer to Note 2 for further details.