Annual Report 2025

Annual Report 2025

Regional Reporting

(in € million)

 

 

 

Europe

 

America

 

Africa/Asia/Australia

 

Group

 

 

 

2024

 

2025

 

2024

 

2025

 

2024

 

2025

 

2024

 

2025

Net sales

 

 

4,313

 

4,347

 

2,567

 

2,505

 

2,970

 

3,000

 

9,850

 

9,852

Change (nominal)

(in %)

 

4.3

 

0.8

 

3.4

 

-2.4

 

5.0

 

1.0

 

4.3

 

0.0

Change (organic)

(in %)

 

4.1

 

0.5

 

6.2

 

2.8

 

10.1

 

4.9

 

6.5

 

2.4

Share of Group sales

(in %)

 

43.8

 

44.1

 

26.1

 

25.4

 

30.1

 

30.5

 

100.0

 

100.0

EBITDA

 

 

865

 

916

 

214

 

174

 

572

 

558

 

1,651

 

1,648

Operating result (EBIT)

 

672

 

710

 

133

 

120

 

489

 

490

 

1,294

 

1,320

as % of sales

 

 

15.6

 

16.3

 

5.2

 

4.8

 

16.5

 

16.3

 

13.1

 

13.4

Operating result (EBIT, excluding special factors)1

 

681

 

716

 

169

 

125

 

520

 

537

 

1,370

 

1,378

as % of sales

 

 

15.8

 

16.5

 

6.6

 

5.0

 

17.5

 

17.9

 

13.9

 

14.0

Capital expenditure2

 

 

271

 

323

 

108

 

77

 

58

 

63

 

437

 

463

Depreciation and amortization

 

 

193

 

206

 

81

 

54

 

83

 

68

 

357

 

328

Employees3

(as of Dec. 31)

 

12,100

 

12,367

 

4,116

 

4,000

 

6,051

 

6,032

 

22,267

 

22,399

1

See the disclosures contained in the section entitled “Notes to the Segment Reporting.”

2

Figures comprise investments in intangible assets and property, plant, and equipment including acquisitions.

3

Starting with the 2025 Annual Report, figures are disclosed on a headcount basis instead of full-time equivalents (FTE). Furthermore, the scope of employee groups considered has been revised. To ensure comparability, the 2024 value was adjusted accordingly. The originally reported prior-year figures on an FTE basis were: Group 22,791; Europe 12,627; America 4,223; Africa/Asia/Australia 5,941.

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