Q2 2025 in brief
Net sales decreased 3% to EUR 1,007.5 million (EUR 1,037.5 million)
Comparable net sales growth at Group level was 0%
Reported EBIT was EUR 46.2 million (EUR 104.6 million); adjusted EBIT was EUR 103.1 million (EUR 105.5 million)
Reported EPS was EUR 0.20 (EUR 0.62); adjusted EPS was EUR 0.63 (EUR 0.63)
The impact of currency movements on the Group's net sales was EUR -34 million and EUR -3 million on EBIT
H1 2025 in brief
Net sales decreased 2% to EUR 2,009.1 million (EUR 2,041.4 million)
Comparable net sales growth at Group level was -1%
Reported EBIT was EUR 139.9 million (EUR 182.2 million); adjusted EBIT was EUR 201.5 million (EUR 204.3 million)
Reported EPS was EUR 0.74 (EUR 0.97); adjusted EPS was EUR 1.21 (EUR 1.17)
The impact of currency movements on the Group's net sales was EUR -23 million and EUR -2 million on EBIT
Capital expenditure was EUR 73.2 million (EUR 84.7 million)
Free cash flow was EUR 63.1 million (EUR 91.8 million)
EUR million
Q2 2025
Q2 2024
Change
H1 2025
H1 2024
Change
2024
Net sales
1,007.5
1,037.5
-3%
2,009.1
2,041.4
-2%
4,126.3
Comparable net sales growth
0%
-1%
-1%
-2%
0%
Adjusted EBITDA1
154.6
156.4
-1%
306.6
305.4
0%
622.2
Margin1
15.3%
15.1%
15.3%
15.0%
15.1%
EBITDA
176.1
158.2
11%
325.9
295.8
10%
595.6
Adjusted EBIT2
103.1
105.5
-2%
201.5
204.3
-1%
416.9
Margin2
10.2%
10.2%
10.0%
10.0%
10.1%
EBIT
46.2
104.6
-56%
139.9
182.2
-23%
372.3
Adjusted EPS, EUR3
0.63
0.63
0%
1.21
1.17
3%
2.48
EPS, EUR
0.20
0.62
-68%
0.74
0.97
-23%
2.14
Adjusted ROI2
11.9%
11.9%
12.1%
Adjusted ROE3
13.4%
13.6%
13.4%
ROI
9.6%
12.2%
10.8%
ROE
10.3%
13.0%
11.6%
Capital expenditure
43.1
48.1
-10%
73.2
84.7
-14%
247.9
Free Cash Flow
