FULL YEAR 2025
Research, production and infrastructure investments sit alongside the financing choices that support Asteria’s operating model.
CAPITAL EXPENDITURE / 2025
$370millionProduction, research and infrastructure across the group.
The 2025 capital program includes US production and packaging assets, Ireland research equipment, Singapore manufacturing expansion and UK infrastructure.
Explore the operating footprint →AT YEAR END 2025
External debt and cash describe different parts of the financial position. They are presented separately, not as a net-debt measure.
Historical year-end debt register, not a market quotation.
Worldwide consolidated cash at the end of 2025.
READ THE MEASURES TOGETHER
In 2025, research and development expense was $1.09 billion, while capital expenditure was $370 million. Operating cash flow was $1.37 billion. These measures describe different financial activities; they are not interchangeable.