v3.26.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net loss $ (11.2) $ (49.0)
Adjustments to reconcile Net loss to net cash provided by operating activities:    
Depreciation of property, plant and equipment and amortization of intangible assets and right of use assets 105.2 97.2
Goodwill impairment 0.0 80.8
Amortization of debt issuance costs 3.6 1.2
Share-based compensation 7.5 10.0
Deferred taxes 9.7 (27.1)
Foreign currency transactions 2.9 (9.8)
Changes in operating assets and liabilities, net:    
Trade receivables (58.8) (32.9)
Inventories (6.0) 34.3
Trade payables 43.5 3.9
Other provisions 18.7 (3.5)
Income tax liabilities (15.5) 8.8
Other assets and liabilities, net (26.9) 9.0
Net cash provided by operating activities 72.7 122.9
Cash flows from investing activities:    
Acquisition of property, plant and equipment (73.3) (112.3)
Net cash used in investing activities (73.3) (112.3)
Cash flows from financing activities:    
Repayments of long-term debt (14.3) (5.2)
Payments for debt issue costs (4.7) (3.5)
Cash inflows related to current financial liabilities 144.1 122.6
Cash outflows related to current financial liabilities (109.7) (91.1)
Dividends paid (3.5) (3.5)
Repurchase of Common stock (0.8) (24.8)
Net cash provided by (used in) financing activities 11.1 (5.5)
Increase in cash, cash equivalents and restricted cash 10.5 5.1
Cash, cash equivalents and restricted cash at the beginning of the period 61.2 44.7
Effect of exchange rate changes on cash 1.1 3.0
Cash, cash equivalents and restricted cash at the end of the period 72.8 52.8
Less restricted cash at the end of the period 1.5 1.5
Cash and cash equivalents at the end of the period $ 71.3 $ 51.3