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

Employee Benefits Expense (Tables)

v3.25.4
Employee Benefits Expense (Tables)
12 Months Ended
Dec. 31, 2025
Classes of employee benefits expense [abstract]  
Summary of Employee Benefits Expense

Employee benefits expense is detailed as follows:

 

 

 

For the year ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

 

 

(EUR thousand)

 

Included in Cost of sales:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

204,705

 

 

 

186,833

 

 

 

175,090

 

Social security costs

 

 

42,425

 

 

 

41,364

 

 

 

40,025

 

Pension costs

 

 

11,030

 

 

 

7,346

 

 

 

7,036

 

Share-based payment expense

 

 

108

 

 

 

132

 

 

 

113

 

Included in Selling and Marketing expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

16,431

 

 

 

13,504

 

 

 

12,423

 

Social security costs

 

 

2,575

 

 

 

2,590

 

 

 

2,442

 

Pension costs

 

 

464

 

 

 

409

 

 

 

390

 

Share-based payment expense

 

 

230

 

 

 

427

 

 

 

57

 

Included in Research and Development expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

12,668

 

 

 

16,352

 

 

 

14,430

 

Social security costs

 

 

1,968

 

 

 

2,101

 

 

 

1,862

 

Pension costs

 

 

492

 

 

 

679

 

 

 

466

 

Share-based payment expense

 

 

38

 

 

 

(46

)

 

 

167

 

Included in General and Administrative expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

30,287

 

 

 

29,487

 

 

 

24,518

 

Social security costs

 

 

6,320

 

 

 

5,299

 

 

 

4,846

 

Pension costs

 

 

1,154

 

 

 

1,116

 

 

 

699

 

Share-based payment expense

 

 

384

 

 

 

1,422

 

 

 

1,639

 

Total employee benefits expense

 

 

331,279

 

 

 

309,015

 

 

 

286,203

 

 

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,

 

 

2025

 

 

2024

 

 

2023

 

Executives

 

 

77

 

 

 

80

 

 

 

70

 

Managers

 

 

244

 

 

 

220

 

 

 

211

 

Employees

 

 

5,474

 

 

 

5,282

 

 

 

5,260

 

Total Workforce

 

 

5,795

 

 

 

5,582

 

 

 

5,541