Buzzi Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	4,519	4,313	4,317	3,996	3,446
Other Revenue	8.19	12.03	15.44	2.27	1.63
Revenue	4,527	4,325	4,333	3,998	3,447
Revenue Growth (YoY)	4.67%	-0.18%	8.38%	15.97%	6.91%
Cost of Revenue	2,569	2,381	2,443	2,506	2,126
Gross Profit	1,958	1,944	1,890	1,491	1,321
Selling, General & Admin	692.51	649.07	613.88	580.2	531.03
Other Operating Expenses	47.42	39.63	58.2	44.26	11.79
Operating Expenses	1,070	959.13	910.31	754.07	786.81
Operating Income	887.5	984.73	979.23	737.26	534.37
Interest Expense	-21.99	-26.95	-27.36	-28.88	-26.97
Interest & Investment Income	79.3	80.88	49.69	20.49	8.44
Earnings From Equity Investments	125.6	147.13	161.24	117.55	106.06
Currency Exchange Gain (Loss)	75.04	-79.26	4.94	-24.13	-18.97
Other Non Operating Income (Expenses)	33.74	113.57	-20.81	19.11	10.07
EBT Excluding Unusual Items	1,179	1,220	1,147	841.39	613
Impairment of Goodwill	-	-0.03	-	-122.48	-
Gain (Loss) on Sale of Investments	0.2	-130.71	0.24	0.1	18
Gain (Loss) on Sale of Assets	6	7.64	13.91	7.11	9.31
Asset Writedown	-8.02	-3.78	-20.2	-136.82	-5.06
Pretax Income	1,177	1,093	1,141	589.3	635.25
Income Tax Expense	253.31	150.74	174.06	130.52	92.95
Earnings From Continuing Operations	924.06	942.47	966.81	458.78	542.3
Minority Interest in Earnings	-2.75	-0.16	-0.27	0.01	-0.4
Net Income	921.31	942.32	966.55	458.79	541.9
Net Income to Common	921.31	942.32	966.55	458.79	541.9
Net Income Growth	-2.23%	-2.51%	110.67%	-15.34%	-3.27%
Shares Outstanding (Basic)	181	183	185	186	192
Shares Outstanding (Diluted)	181	183	185	186	192
Shares Change (YoY)	-1.25%	-0.98%	-0.67%	-3.00%	-6.59%
EPS (Basic)	5.09	5.14	5.22	2.46	2.82
EPS (Diluted)	5.09	5.14	5.22	2.46	2.82
EPS Growth	-0.99%	-1.54%	112.09%	-12.72%	3.56%
Free Cash Flow	492.5	487.25	520.79	129.41	380.33
Free Cash Flow Per Share	2.72	2.66	2.81	0.69	1.98
Dividend Per Share	0.700	0.700	0.600	0.450	0.400
Dividend Growth	-	16.67%	33.33%	12.50%	60.00%
Gross Margin	43.25%	44.94%	43.61%	37.30%	38.33%
Operating Margin	19.61%	22.77%	22.60%	18.44%	15.50%
Profit Margin	20.35%	21.79%	22.31%	11.48%	15.72%
Free Cash Flow Margin	10.88%	11.27%	12.02%	3.24%	11.03%
EBITDA	1,189	1,234	1,205	971.45	753.94
EBITDA Margin	26.26%	28.53%	27.80%	24.30%	21.87%
D&A For EBITDA	301.46	249.02	225.4	234.19	219.57
EBIT	887.5	984.73	979.23	737.26	534.37
EBIT Margin	19.61%	22.77%	22.60%	18.44%	15.50%
Effective Tax Rate	21.52%	13.79%	15.26%	22.15%	14.63%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.