BVL:CVERDEC1 Income Statement

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

Millions USD. 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
Revenue	4,728	4,238	4,143	3,975	4,199
Revenue Growth (YoY)	11.56%	2.30%	4.22%	-5.34%	65.42%
Cost of Revenue	2,562	2,589	2,564	2,324	2,066
Gross Profit	2,166	1,650	1,580	1,651	2,133
Selling, General & Admin	118.64	145.77	158.24	158.9	111.52
Other Operating Expenses	-1.7	-0.15	73.69	10.06	2.01
Operating Expenses	132.86	157.44	241.11	173.93	113.71
Operating Income	2,033	1,492	1,339	1,477	2,020
Interest Expense	-6.75	-6.52	-79.23	-8.96	-13.75
Interest & Investment Income	14.12	-	-	-	1.11
Currency Exchange Gain (Loss)	72.44	1.16	20.48	0.98	29.49
Other Non Operating Income (Expenses)	0.14	4.03	13.25	5.97	0.13
EBT Excluding Unusual Items	2,113	1,491	1,293	1,475	2,037
Merger & Restructuring Charges	-14.59	-6.59	-1.4	-8.91	-5.93
Gain (Loss) on Sale of Investments	25	33.57	35.14	11.22	0.8
Asset Writedown	-0.02	-0.02	-3.55	-	-
Legal Settlements	-	-	-	-	-15.33
Other Unusual Items	-28.2	-	-	-43.67	-89.05
Pretax Income	2,095	1,518	1,323	1,434	1,927
Income Tax Expense	728.21	564.55	544.33	508.55	735.7
Net Income	1,367	953.18	778.96	925.35	1,191
Net Income to Common	1,367	953.18	778.96	925.35	1,191
Net Income Growth	43.43%	22.36%	-15.82%	-22.34%	333.98%
Shares Outstanding (Basic)	350	350	350	350	350
Shares Outstanding (Diluted)	350	350	350	350	350
EPS (Basic)	3.91	2.72	2.23	2.64	3.40
EPS (Diluted)	3.90	2.72	2.23	2.64	3.40
EPS Growth	43.41%	22.36%	-15.82%	-22.34%	333.98%
Free Cash Flow	969.93	1,040	711	356.51	1,323
Free Cash Flow Per Share	2.77	2.97	2.03	1.02	3.78
Dividend Per Share	-	2.710	1.850	1.420	1.857
Dividend Growth	-	46.47%	30.28%	-23.53%	225.00%
Gross Margin	45.81%	38.92%	38.13%	41.54%	50.80%
Operating Margin	43.00%	35.20%	32.31%	37.16%	48.09%
Profit Margin	28.91%	22.49%	18.80%	23.28%	28.37%
Free Cash Flow Margin	20.51%	24.54%	17.16%	8.97%	31.51%
EBITDA	2,673	1,875	1,737	1,835	2,378
EBITDA Margin	56.53%	44.25%	41.93%	46.16%	56.63%
D&A For EBITDA	639.84	383.12	398.73	357.86	358.23
EBIT	2,033	1,492	1,339	1,477	2,020
EBIT Margin	43.00%	35.20%	32.31%	37.16%	48.09%
Effective Tax Rate	34.75%	37.20%	41.13%	35.47%	38.17%

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