Consolidated Income Statement
(m€) FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Revenues 4.188 5.330 5.363* 7.411* 8.763* Total Cost of Sales -3.601 -4.475 -5.245 -6.178 -7.075 Gross Profit 586 855 118 1.233 1.688 Gross Profit Margin 14,0% 16,0% 2,2% 16,6% 19,3% R&D according to IFRS -83 -106 -114 -106 -111 SG&A -216 -254 -250 -266 -331 Other operating income (expense) -16 -50 -14 -21 -26 P&L of companies accounted "at equity and at cost" 84 62 99 115 159 EBIT reported 355 508 -161 955 1.379 EBIT adj. 468 655 818 1.050 1.351 EBIT adj.margin 11,2% 12,3% 12,9% 14,0% 15,5% Financial Result -39 -45 -45 -60 -17 Profit before tax (EBT) 315 463 -205 895 1.362 Taxes -84 -130 108 -253 -335 Net Income reported 231 333 -97 642 1.028 Net Income adj. 342 476 594 764 968 EPS reported 4,17 6,21 -1,90 11,77 18,90 EPS adj. 6,41 8,91 10,96 14,04 17,79
* in 2023 revenues and EBIT adjusted for GTF fleet management plan
adjusted revenues 6.326 m€; adjusted EBIT 818 m€
reported revenues 5.363 m€; reported EBIT -161 m€
* in 2024 revenues adjusted 7.488 m€ / in 2025: 8.717 m€
