Cash flow from operating activities amounted to €242.7million (2024: €180.6 million) and is insufficient to finance investing activities of €329.7 million (2024: €260.5 million). Cash flow from operating activities is €62.1 million higher than in 2024 which is mainly due to a higher profit. Cash flow from investing activities increased by €69.2 million due to an increase in investment volume. Cash flow from financing activities increased by €45.6 million due to a higher financing requirement resulting from increased investment.

For the 2025 financial year, the net cash flow was €55.6 million positive.