Targets – Results – Outlook
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2025 Initial Targets1 |
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2025 Updated Targets2 |
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2025 Results |
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2026 Outlook |
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Currency-neutral net sales development |
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to increase at a |
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to increase |
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10% |
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to increase at a high-single-digit rate |
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Operating profit |
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to increase to a level of between |
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to increase to a level of |
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€ 2,056 million |
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to increase to a level of |
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Average operating working capital |
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between |
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between |
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23.0% |
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between |
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Capital expenditure |
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around € 600 million |
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around € 600 million |
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€ 477 million |
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around € 500 million |
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