• Press release
5 min time reading

A strong first half - Consistently delivering quality results

  • Corporate news
  • H1 2025 sales of €13,737m up +4.2% on a like-for-like (LFL) basis, with volume/mix up +2.6%, and price up +1.7%
  • Q2 sales up +4.1% LFL, with strong volume/mix of +3.2%, and positive price of +1.0%
  • Recurring operating margin up +49 bps to 13.2% driven by further expansion in margin from operations
  • Recurring EPS up +5.8% to €1.91, driven by operational performance
  • Free cash flow at €1.2bn
  • 2025 guidance confirmed, in line with mid-term ambition: like-for-like sales growth expected between +3% and +5%, with recurring operating income growing faster than sales