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

Employee Benefits Expense (Tables)

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

 

 

Summary of Average Size of Group's Workforce

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