Composition of the Group's Net Financial Position at period end
Amounts in thousands of Euro |
30 Jun 2025(1) |
31 Dec 2024(1) |
31 Dec 2023(1) |
31 Dec 2022(1) |
31 Dec 2021(1) |
31 Dec 2020(1) |
31 Dec 2019(1) |
Cash and cash equivalent and Financial receivable |
600,653 | 1,011,939 | 689,521 | 1.094,971 | 982,917 | 443,517 |
423,448 |
Long term financial debt |
-195,727 | -220,941 | -338,422 | -395,656 | -492,801 | -451,200 |
-584,141 |
Short term financial debt |
-52,754 | -191,396 | -154,191 | -164,415 | -252,463 | -303,674 |
-244,851 |
Net financial position surplus/(deficit) |
352,172 | 599,602 | 196,908 | 534,900 | 237,653 | -311,357 |
-405,544 |
The Group's financial debt is mainly composed of variable interest rates bank debt, whose risk of fluctuation is hedged by using derivative financial instruments, as explained in the Annual Report.
Financial debt
financial debt |
30 Jun 2025 |
31 Dec 2024 |
31 Dec 2023 |
31 Dec 2022 |
31 Dec 2021 |
31 Dec 2020 |
31 Dec 2019 |
variable interest rate |
49% | 45% | 54% | 55% | 82% | 69% |
56% |
fixed interest rate |
51% | 55% | 46% | 45% | 18% | 31% |
44% |
Composition of the Long Term Financial Debt at June 30, 2025 by maturity