Consolidated Statement of Comprehensive Income

The report for the first quarter of 2026/27 was prepared in accordance with the IFRS Accounting Standards as adopted by the European Union. This report has not been audited or reviewed, nor does it constitute a complete consolidated interim report pursuant to IAS 34.

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Consolidated income statement
	04/01– 06/30/2025	04/01– 06/30/2026

Revenue	3,901.5	3,994.4
Cost of sales	−3,171.6	−3,175.7
Gross profit	729.9	818.7

Other operating income	138.9	239.1
Distribution costs	−341.6	−393.9
Administrative expenses	−229.8	−246.4
Other operating expenses	−130.5	−114.2
Share of profit of entities consolidated according to the equity method	4.6	3.3
EBIT	171.5	306.6

Finance income	15.6	13.1
Finance costs	−48.4	−41.1
Profit before tax	138.7	278.6

Tax expense	−32.4	−82.4
Profit after tax	106.3	196.2
Attributable to:
Equity holders of the parent	100.7	194.7
Non-controlling interests	5.6	1.5

Basic earnings per share (euros)	0.59	1.14

Diluted earnings per share (euros)	0.58	1.10

In millions of euros

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Consolidated other comprehensive income
	04/01– 06/30/2025	04/01– 06/30/2026

Profit after tax	106.3	196.2

Items of other comprehensive income that may be subsequently reclassified to profit or loss
Cash flow hedges	−2.2	2.2
Currency translation	−33.5	13.7
Share of result of entities consolidated according to the equity method	−9.7	2.1
Subtotal of items of other comprehensive income that may be subsequently reclassified to profit or loss	−45.4	18.0

Items of other comprehensive income that will not be subsequently reclassified to profit or loss
Actuarial gains/losses¹	−5.8	23.2
Share of result of entities consolidated according to the equity method	0.0	0.0
Subtotal of items of other comprehensive income that will not be subsequently reclassified to profit or loss	−5.8	23.2
Other comprehensive income for the period, net of income tax	−51.2	41.2
Total comprehensive income for the period	55.1	237.4

Attributable to:
Equity holders of the parent	54.0	233.4
Non-controlling interests	1.1	4.0
Total comprehensive income for the period	55.1	237.4

1 The valuation of the social capital was based on an interest rate of 4.1% as of June 30, 2026 (3.9% as of March 31, 2026) and 3.7% as of June 30, 2025 (3.8% as of March 31, 2025).
In millions of euros

IFRS (International Financial Reporting Standards)

Accounting regulations developed to guarantee comparable accounting and disclosure.

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