Consolidated income statement
millions of € |
|
|
|
|
|
|
|
|
H1 2026 |
H1 2025 |
Change |
Q2 2026 |
Q2 2025 |
Change |
FY 2025 |
|---|---|---|---|---|---|---|---|
Net revenue |
59,804 |
58,427 |
2.4 |
29,933 |
28,671 |
4.4 |
119,081 |
Of which: interest income calculated using the effective interest method |
395 |
360 |
9.7 |
197 |
171 |
15.6 |
738 |
Of which: revenue from insurance contracts |
2,266 |
2,238 |
1.3 |
1,169 |
1,073 |
8.9 |
4,327 |
Other operating income |
507 |
751 |
(32.5) |
217 |
428 |
(49.3) |
1,358 |
Changes in inventories |
15 |
(8) |
n.a. |
0 |
(8) |
n.a. |
(23) |
Own capitalized costs |
1,350 |
1,322 |
2.1 |
676 |
664 |
1.8 |
2,706 |
Goods and services purchased |
(23,575) |
(22,963) |
(2.7) |
(11,631) |
(11,296) |
(3.0) |
(48,747) |
Personnel costs |
(10,026) |
(9,779) |
(2.5) |
(4,836) |
(4,823) |
(0.3) |
(19,781) |
Other operating expenses |
(2,979) |
(2,567) |
(16.1) |
(1,542) |
(1,231) |
(25.2) |
(5,764) |
Impairment losses on financial assets, contract assets, and lease assets |
(796) |
(660) |
(20.6) |
(405) |
(297) |
(36.4) |
(1,559) |
Gains (losses) from the write-off of financial assets measured at amortized cost |
(6) |
(5) |
(3.9) |
(2) |
(3) |
7.5 |
(21) |
Other |
(2,177) |
(1,901) |
(14.5) |
(1,134) |
(931) |
(21.8) |
(4,183) |
EBITDA |
25,096 |
25,184 |
(0.4) |
12,818 |
12,406 |
3.3 |
48,831 |
Depreciation, amortization and impairment losses |
(12,391) |
(11,777) |
(5.2) |
(5,955) |
(5,764) |
(3.3) |
(24,009) |
Profit (loss) from operations (EBIT) |
12,705 |
13,408 |
(5.2) |
6,863 |
6,642 |
3.3 |
24,822 |
Finance costs |
(3,029) |
(2,975) |
(1.8) |
(1,522) |
(1,459) |
(4.3) |
(5,909) |
Interest income |
204 |
340 |
(39.9) |
80 |
168 |
(52.2) |
613 |
Interest expense |
(3,233) |
(3,314) |
2.5 |
(1,602) |
(1,628) |
1.6 |
(6,522) |
Share of profit (loss) of associates and joint ventures accounted for using the equity method |
(158) |
798 |
n.a. |
(94) |
194 |
n.a. |
765 |
Other financial income (expense) |
(48) |
(18) |
n.a. |
(8) |
(13) |
33.7 |
(179) |
Profit (loss) from financial activities |
(3,235) |
(2,195) |
(47.4) |
(1,624) |
(1,278) |
(27.1) |
(5,323) |
Profit (loss) before income taxes |
9,470 |
11,213 |
(15.5) |
5,238 |
5,364 |
(2.3) |
19,499 |
Income taxes |
(2,525) |
(2,787) |
9.4 |
(1,389) |
(1,269) |
(9.5) |
(4,573) |
Profit (loss) |
6,945 |
8,426 |
(17.6) |
3,850 |
4,095 |
(6.0) |
14,926 |
Profit (loss) attributable to |
|
|
|
|
|
|
|
Owners of the parent (net profit (loss)) |
4,493 |
5,460 |
(17.7) |
2,450 |
2,615 |
(6.3) |
9,609 |
Non-controlling interests |
2,452 |
2,966 |
(17.3) |
1,399 |
1,481 |
(5.5) |
5,317 |
Earnings per share
|
|
|
|
|
|
|
|
|
|
|
H1 2026 |
H1 2025 |
Change |
Q2 2026 |
Q2 2025 |
Change |
FY 2025 |
|---|---|---|---|---|---|---|---|---|
Profit (loss) attributable to the owners of the parent |
millions of € |
4,493 |
5,460 |
(17.7) |
2,450 |
2,615 |
(6.3) |
9,609 |
Adjusted weighted average number of ordinary shares outstanding (basic and diluted) |
millions |
4,822 |
4,887 |
(1.3) |
4,814 |
4,881 |
(1.4) |
4,871 |
Earnings per share (basic and diluted) |
€ |
0.93 |
1.12 |
(16.6) |
0.51 |
0.54 |
(5.0) |
1.97 |