v3.25.4

Inventories | 12 Months Ended
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Dec. 31, 2025
Inventories [Abstract] |
Inventories | Note 14—Inventories Inventories are specified below:
(EUR’000) |  | 2025 |  |  | 2024 |
Inventories |  |  |  |  |  |
Raw materials and consumables |  |  | 19,083 |  |  |  | 17,596 |
Work in progress |  |  | 253,494 |  |  |  | 235,688 |
Finished goods |  |  | 28,956 |  |  |  | 42,325 |
Total inventories |  |  | 301,533 |  |  |  | 295,609 |
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 €24.9 million and €15.7 million for the years ended December 31, 2025 and 2024 respectively.

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