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Inventories
 12 Months Ended
Dec. 31, 2024
Inventories [Abstract]  
Inventories

Note 13—Inventories

Inventories are specified below:

 

 

2024

 

 

2023

 

 

(EUR’000)

 

Inventories

 

 

 

 

 

 

Raw materials and consumables

 

 

17,596

 

 

 

18,566

 

Work in progress

 

 

235,688

 

 

 

171,030

 

Finished goods

 

 

42,325

 

 

 

19,335

 

Total inventories

 

 

295,609

 

 

 

208,931

 

Due to production lead time, work in progress includes inventories that are not sellable before more than twelve months after the reporting date.

Inventories were reduced by write-downs of €15.7 million and €22.9 million for the years ended December 31, 2024 and 2023 respectively, which include write-downs on pre-launch inventories.