Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Employee Benefits Expense

v3.25.0.1
Employee Benefits Expense
12 Months Ended
Dec. 31, 2024
Classes of employee benefits expense [abstract]  
Employee Benefits Expense

13. Employee benefits expense

Employee benefits expense are detailed as follows:

 

 

 

For the year ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

(EUR thousand)

 

Included in Cost of sales:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

186,833

 

 

 

175,090

 

 

 

154,852

 

Social security costs

 

 

41,364

 

 

 

40,025

 

 

 

30,721

 

Pension costs

 

 

7,346

 

 

 

7,036

 

 

 

5,970

 

Share-based payment expense

 

 

132

 

 

 

113

 

 

 

287

 

Included in Selling and Marketing expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

13,504

 

 

 

12,423

 

 

 

13,978

 

Social security costs

 

 

2,590

 

 

 

2,442

 

 

 

1,606

 

Pension costs

 

 

409

 

 

 

390

 

 

 

433

 

Share-based payment expense

 

 

427

 

 

 

57

 

 

 

1,024

 

Included in Research and Development expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

16,352

 

 

 

14,430

 

 

 

12,463

 

Social security costs

 

 

2,101

 

 

 

1,862

 

 

 

1,496

 

Pension costs

 

 

679

 

 

 

466

 

 

 

358

 

Share-based payment expense

 

 

(46

)

 

 

167

 

 

 

800

 

Included in General and Administrative expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

29,487

 

 

 

24,518

 

 

 

22,272

 

Social security costs

 

 

5,299

 

 

 

4,846

 

 

 

3,612

 

Pension costs

 

 

1,116

 

 

 

699

 

 

 

510

 

Share-based payment expense

 

 

1,422

 

 

 

1,639

 

 

 

5,991

 

Total employee benefits expense

 

 

309,015

 

 

 

286,203

 

 

 

256,373

 

 

The average size of the Group's workforce during the year is as follows:

 

 

For the year ended December 31,

 

 

2024

 

 

2023

 

 

2022

 

Executives

 

 

80

 

 

 

70

 

 

 

57

 

Managers

 

 

220

 

 

 

211

 

 

 

137

 

Employees

 

 

5,282

 

 

 

5,260

 

 

 

4,781

 

Total Workforce

 

 

5,582

 

 

 

5,541

 

 

 

4,975