x € million |
|
Notes |
|
2023 |
|
2022 |
|---|---|---|---|---|---|---|
Continuing operations |
|
|
|
|
|
|
Net sales |
|
|
10,627 |
|
8,390 |
|
Cost of sales |
|
|
(8,016) |
|
(5,700) |
|
Gross profit |
|
|
|
2,611 |
|
2,690 |
|
|
|
|
|
|
|
Marketing & Sales |
|
|
(1,512) |
|
(1,235) |
|
Research & Development |
|
|
(652) |
|
(295) |
|
General & Administrative |
|
|
(1,015) |
|
(534) |
|
Other operating income |
|
|
188 |
|
107 |
|
Other operating expense |
|
|
(117) |
|
(51) |
|
Operating profit (loss) |
|
|
|
(497) |
|
682 |
|
|
|
|
|
|
|
Finance income |
|
|
133 |
|
71 |
|
Finance expense |
|
|
(283) |
|
(159) |
|
Profit (loss) before tax |
|
|
|
(647) |
|
594 |
|
|
|
|
|
|
|
Income tax expense |
|
|
18 |
|
(124) |
|
Share of net profit of associates and joint ventures |
|
|
(6) |
|
12 |
|
Other results related to associates and joint ventures |
|
|
(1) |
|
(7) |
|
|
|
|
|
|
|
|
Net profit (loss) from continuing operations |
|
|
|
(636) |
|
475 |
Net profit from discontinued operations |
|
|
2,789 |
|
1,240 |
|
Net profit for the period |
|
|
|
2,153 |
|
1,715 |
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
- Holders of shares parent company |
|
|
2,131 |
|
1,694 |
|
- Non-controlling interests |
|
|
16 |
|
15 |
|
- Dividend on cumulative preference shares |
|
|
6 |
|
6 |
|
|
|
|
|
|
|
|
Earnings per share (EPS) total (in €): |
|
|
|
|
|
|
- Basic EPS |
|
|
|
9.14 |
|
9.80 |
- Diluted EPS |
|
|
|
9.13 |
|
9.77 |
|
|
|
|
|
|
|
Earnings per share (EPS) continuing operations (in €): |
|
|
|
|
|
|
- Basic EPS |
|
|
|
(2.82) |
|
2.64 |
- Diluted EPS |
|
|
|
(2.82) |
|
2.63 |
The accompanying notes are an integral part of these consolidated financial statements.
See Note 2 Alternative performance measures for the reconciliation to Adjusted EBITDA of €1,443 million (2022: €1,395 million) and other adjusted IFRS performance measures.