Targets – Results – Outlook
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2023 Targets1 |
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2023 Results |
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2024 Outlook |
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Currency-neutral net sales development |
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to decline at a high-single-digit rate |
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0% |
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to increase at a mid-single-digit rate |
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Operating loss/profit |
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operating loss of € 700 million |
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operating profit of € 268 million |
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operating profit of around € 500 million |
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Average operating working capital |
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to reach a level of between 25% and 26% |
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25.7% |
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to reach a level of between 23% and 24% |
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Capital expenditure2 |
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to reach a level of around € 600 million |
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€ 504 million |
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to reach a level of around € 600 million |
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