Consolidated Income Statement
|
|
Note |
|
Year ending Dec. 31, 2024 |
|
Year ending Dec. 31, 2023 |
|
Change |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales |
|
|
23,683 |
|
21,427 |
|
10.5% |
|||||
Cost of sales |
|
|
|
11,658 |
|
11,244 |
|
3.7% |
||||
Gross profit |
|
|
|
12,026 |
|
10,184 |
|
18.1% |
||||
(% of net sales) |
|
|
|
50.8% |
|
47.5% |
|
3.3pp |
||||
Royalty and commission income |
|
|
|
81 |
|
83 |
|
(1.8%) |
||||
Other operating income |
|
|
174 |
|
71 |
|
143.8% |
|||||
Other operating expenses |
|
|
10,945 |
|
10,070 |
|
8.7% |
|||||
(% of net sales) |
|
|
|
46.2% |
|
47.0% |
|
(0.8pp) |
||||
Marketing and point-of-sale expenses |
|
|
|
2,841 |
|
2,528 |
|
12.4% |
||||
(% of net sales) |
|
|
|
12.0% |
|
11.8% |
|
0.2pp |
||||
Distribution and selling expenses |
|
|
|
5,936 |
|
5,547 |
|
7.0% |
||||
(% of net sales) |
|
|
|
25.1% |
|
25.9% |
|
(0.8pp) |
||||
General and administration expenses |
|
|
|
2,138 |
|
1,839 |
|
16.3% |
||||
(% of net sales) |
|
|
|
9.0% |
|
8.6% |
|
0.4pp |
||||
Sundry expenses |
|
|
|
44 |
|
137 |
|
(67.8%) |
||||
(% of net sales) |
|
|
|
0.2% |
|
0.6% |
|
(0.5pp) |
||||
Impairment (gain)/losses (net) on accounts receivable and contract assets |
|
|
|
(15) |
|
19 |
|
n.a. |
||||
Operating profit |
|
|
|
1,337 |
|
268 |
|
398.3% |
||||
(% of net sales) |
|
|
|
5.6% |
|
1.3% |
|
4.4pp |
||||
Financial income |
|
|
101 |
|
79 |
|
27.8% |
|||||
Financial expenses |
|
|
317 |
|
282 |
|
12.3% |
|||||
Income before taxes |
|
|
|
1,121 |
|
65 |
|
1,612.5% |
||||
(% of net sales) |
|
|
|
4.7% |
|
0.3% |
|
4.4pp |
||||
Income taxes |
|
|
297 |
|
124 |
|
139.9% |
|||||
(% of income before taxes) |
|
|
|
26.5% |
|
189.2% |
|
(162.7pp) |
||||
Net income/(loss) from continuing operations |
|
|
|
824 |
|
(58) |
|
n.a. |
||||
(% of net sales) |
|
|
|
3.5% |
|
(0.3%) |
|
n.a. |
||||
Gain from discontinued operations, net of tax |
|
|
8 |
|
44 |
|
(82.6%) |
|||||
Net income/(loss) |
|
|
|
832 |
|
(14) |
|
n.a. |
||||
(% of net sales) |
|
|
|
3.5% |
|
(0.1%) |
|
n.a. |
||||
Net income/(loss) attributable to shareholders |
|
|
|
764 |
|
(75) |
|
n.a. |
||||
(% of net sales) |
|
|
|
3.2% |
|
(0.4%) |
|
n.a. |
||||
Net income attributable to non-controlling interests |
|
|
|
68 |
|
61 |
|
10.3% |
||||
Basic earnings per share from continuing operations (in €) |
|
|
4.24 |
|
(0.67) |
|
n.a. |
|||||
Diluted earnings per share from continuing operations (in €) |
|
|
4.24 |
|
(0.67) |
|
n.a. |
|||||
Basic earnings per share from continuing and discontinued operations (in €) |
|
|
4.28 |
|
(0.42) |
|
n.a. |
|||||
Diluted earnings per share from continuing and discontinued operations (in €) |
|
|
4.28 |
|
(0.42) |
|
n.a. |
|||||
|
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