v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - EUR (€)
€ in Thousands
 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net profit € 132,414 € 125,232
Adjustments to reconcile net profit to net cash flows from operating activities:    
Depreciation and amortization 61,967 53,504
Loss on disposal of property, plant and equipment 223 54
Finance cost, net 42,954 50,390
Net exchange differences 23,360 8,351
Gain from bargain purchase (12,291)  
Non-cash operating items 220 243
Income tax expense 58,389 63,731
Income tax paid (65,445) (113,596)
Changes in working capital    
Inventories and right to return assets (90,366) (68,756)
Trade and other receivables (152,446) (134,730)
Trade and other payables and accrued liabilities 11,833 (4,971)
Other (10,512) (9,385)
Net cash flows provided by (used in) operating activities 300 (29,933)
Cash flows from investing activities    
Interest received, net of taxes withheld 1,695 3,161
Purchases of property, plant and equipment (58,430) (33,541)
Proceeds from sales of property, plant and equipment 25 19
Purchases of intangible assets (1,227) (6,094)
Initial direct costs of right-of-use assets (632) (1,430)
Acquisition of subsidiary, net of cash acquired (2,213)  
Receipt of government grant 623 1,888
Net cash flows used in investing activities (60,159) (35,997)
Cash flows from financing activities    
Repayment of loans and borrowings (2,604) (4,205)
Payment of transaction costs related to refinancing   (250)
Interest paid (22,135) (26,294)
Payments of lease liabilities (25,100) (20,599)
Interest portion of lease liabilities (4,633) (4,636)
Payment of tax receivable agreement liability (14,627)  
Net cash flows used in financing activities (69,099) (55,984)
Net decrease in cash and cash equivalents (128,958) (121,914)
Cash and cash equivalents at beginning of period 329,067 355,843
Net foreign exchange difference 1,358 1,470
Cash and cash equivalents at end of period € 201,467 € 235,399