{"annual":[{"capex":916000000,"ebitMargin":12.13,"fcf":1055000000,"fcfMargin":7.81,"grossMargin":32.66,"netDebt":-831000000,"netIncome":991000000,"operatingCf":1971000000,"revenue":13507000000,"roc":11.76,"roe":13.23,"sharesOutstanding":466000000,"year":2015},{"capex":948000000,"ebitMargin":10.32,"fcf":810000000,"fcfMargin":6.36,"grossMargin":32.97,"netDebt":-1105000000,"netIncome":844000000,"operatingCf":1758000000,"revenue":12732000000,"roc":7.99,"roe":11.02,"sharesOutstanding":466000000,"year":2016},{"capex":1040000000,"ebitMargin":9.27,"fcf":511000000,"fcfMargin":3.54,"grossMargin":31.08,"netDebt":2988000000,"netIncome":717000000,"operatingCf":1551000000,"revenue":14419000000,"roc":8.02,"roe":9.64,"sharesOutstanding":466000000,"year":2017},{"capex":1032000000,"ebitMargin":10.44,"fcf":672000000,"fcfMargin":4.47,"grossMargin":30.78,"netDebt":2876000000,"netIncome":932000000,"operatingCf":1704000000,"revenue":15024000000,"roc":9.27,"roe":12.06,"sharesOutstanding":466000000,"year":2018},{"capex":880000000,"ebitMargin":9.81,"fcf":441000000,"fcfMargin":3.36,"grossMargin":28.19,"netDebt":3290000000,"netIncome":774000000,"operatingCf":1321000000,"revenue":13108000000,"roc":6.96,"roe":8.63,"sharesOutstanding":466000000,"year":2019},{"capex":956000000,"ebitMargin":7.26,"fcf":771000000,"fcfMargin":6.32,"grossMargin":27.59,"netDebt":3275000000,"netIncome":465000000,"operatingCf":1727000000,"revenue":12199000000,"roc":4.93,"roe":5.8,"sharesOutstanding":466000000,"year":2020},{"capex":886000000,"ebitMargin":8.3,"fcf":929000000,"fcfMargin":6.21,"grossMargin":26.95,"netDebt":3188000000,"netIncome":746000000,"operatingCf":1815000000,"revenue":14955000000,"roc":6.78,"roe":8.03,"sharesOutstanding":466000000,"year":2021},{"capex":865000000,"ebitMargin":7.71,"fcf":785000000,"fcfMargin":4.25,"grossMargin":22.89,"netDebt":3584000000,"netIncome":540000000,"operatingCf":1650000000,"revenue":18488000000,"roc":7.85,"roe":4.92,"sharesOutstanding":466000000,"year":2022},{"capex":793000000,"ebitMargin":4.13,"fcf":801000000,"fcfMargin":5.25,"grossMargin":22.21,"netDebt":3498000000,"netIncome":-465000000,"operatingCf":1594000000,"revenue":15267000000,"roc":3.66,"roe":-5.22,"sharesOutstanding":466000000,"year":2023},{"capex":840000000,"ebitMargin":6.87,"fcf":873000000,"fcfMargin":5.76,"grossMargin":24.66,"netDebt":3320000000,"netIncome":222000000,"operatingCf":1713000000,"revenue":15157000000,"roc":6.63,"roe":2.46,"sharesOutstanding":466000000,"year":2024},{"capex":748000000,"ebitMargin":4.56,"fcf":695000000,"fcfMargin":4.94,"grossMargin":23.06,"netDebt":3376000000,"netIncome":265000000,"operatingCf":1443000000,"revenue":14069000000,"roc":4.04,"roe":3.27,"sharesOutstanding":466000000,"year":2025}],"currency":"EUR","growth":{"fcfCagr10y":-0.04,"fcfCagr5y":-1.58,"roeAvg10y":6.06,"roeAvg5y":2.69,"yearsAvailable":20},"quarterly":[{"capex":762000000,"ebitMargin":7.1,"fcf":1153000000,"fcfMargin":7.6,"grossMargin":25.25,"netDebt":3758000000,"netIncome":228000000,"operatingCf":1956000000,"quarter":3,"revenue":15163000000,"roc":6.96,"roe":2.53,"sharesOutstanding":464583333,"year":2024},{"capex":840000000,"ebitMargin":6.31,"fcf":820000000,"fcfMargin":5.41,"grossMargin":24.66,"netDebt":3320000000,"netIncome":222000000,"operatingCf":1701000000,"quarter":4,"revenue":15157000000,"roc":6.1,"roe":2.46,"sharesOutstanding":466000000,"year":2024},{"capex":779000000,"ebitMargin":6.29,"fcf":893000000,"fcfMargin":5.9,"grossMargin":24.74,"netDebt":3541000000,"netIncome":299000000,"operatingCf":1713000000,"quarter":1,"revenue":15138000000,"roc":5.93,"roe":3.26,"sharesOutstanding":466000000,"year":2025},{"capex":812000000,"ebitMargin":5.71,"fcf":472000000,"fcfMargin":3.21,"grossMargin":24.69,"netDebt":-379000000,"netIncome":424000000,"operatingCf":1325000000,"quarter":2,"revenue":14707000000,"roc":5.53,"roe":4.99,"sharesOutstanding":461538462,"year":2025},{"capex":813000000,"ebitMargin":3.47,"fcf":409000000,"fcfMargin":2.87,"grossMargin":22.56,"netDebt":4039000000,"netIncome":95000000,"operatingCf":1222000000,"quarter":3,"revenue":14266000000,"roc":3.28,"roe":1.14,"sharesOutstanding":466000000,"year":2025},{"capex":748000000,"ebitMargin":4.56,"fcf":648000000,"fcfMargin":4.61,"grossMargin":23.06,"netDebt":3376000000,"netIncome":265000000,"operatingCf":1396000000,"quarter":4,"revenue":14070000000,"roc":4.04,"roe":3.27,"sharesOutstanding":466000000,"year":2025},{"capex":782000000,"ebitMargin":4.28,"fcf":611000000,"fcfMargin":4.45,"grossMargin":22.59,"netDebt":3566000000,"netIncome":157000000,"operatingCf":1393000000,"quarter":1,"revenue":13720000000,"roc":3.95,"roe":1.91,"sharesOutstanding":466000000,"year":2026},{"capex":786000000,"ebitMargin":5.92,"fcf":846000000,"fcfMargin":5.99,"grossMargin":22.18,"netDebt":4075000000,"netIncome":121000000,"operatingCf":1632000000,"quarter":2,"revenue":14114000000,"roc":5.64,"roe":1.54,"sharesOutstanding":466000000,"year":2026}]}