Burelle 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
Revenue	10,232	10,501	10,328	8,549	7,245
Revenue Growth (YoY)	-2.56%	1.68%	20.81%	18.00%	2.25%
Cost of Revenue	9,036	9,338	9,168	7,574	6,397
Gross Profit	1,196	1,163	1,160	974.88	848.09
Selling, General & Admin	473	479	483	364.43	310.17
Research & Development	257	262	300	276.97	258.05
Amortization of Goodwill & Intangibles	16	22	21	17.96	19.7
Other Operating Expenses	16	18	20	30.71	21.83
Operating Expenses	762	781	824	690.08	609.75
Operating Income	434	382	336	284.81	238.34
Interest Expense	-108	-107	-95	-60.59	-42.51
Earnings From Equity Investments	41	44	39	46.87	42.8
Currency Exchange Gain (Loss)	-42	-	-13	-13.04	-12.56
Other Non Operating Income (Expenses)	-7	-40	-17	-3.38	-6.03
EBT Excluding Unusual Items	318	279	250	254.67	220.04
Merger & Restructuring Charges	-40	-28	-38	-16.36	-21.62
Gain (Loss) on Sale of Investments	1	10	23	11.71	14.84
Gain (Loss) on Sale of Assets	-	-3	6	3.36	-1.2
Asset Writedown	-	-	-	10.34	-
Legal Settlements	-3	-	-	-	-1.22
Pretax Income	276	258	241	263.72	210.83
Income Tax Expense	81	75	66	61.66	61.73
Earnings From Continuing Operations	195	183	175	202.06	149.1
Net Income to Company	195	183	175	202.06	149.1
Minority Interest in Earnings	-74	-68	-64	-75.89	-59.51
Net Income	121	115	111	126.17	89.58
Net Income to Common	121	115	111	126.17	89.58
Net Income Growth	5.22%	3.60%	-12.03%	40.84%	-
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	0.00%	-	-0.00%	-0.01%	-0.01%
EPS (Basic)	69.03	65.61	63.32	71.98	51.10
EPS (Diluted)	69.03	65.49	63.32	71.98	51.10
EPS Growth	5.40%	3.43%	-12.03%	40.86%	-
Free Cash Flow	460	473	383	213.55	384.26
Free Cash Flow Per Share	262.42	269.84	218.49	121.83	219.18
Dividend Per Share	17.000	16.000	16.000	16.000	15.000
Dividend Growth	6.25%	-	-	6.67%	-
Gross Margin	11.69%	11.07%	11.23%	11.40%	11.71%
Operating Margin	4.24%	3.64%	3.25%	3.33%	3.29%
Profit Margin	1.18%	1.09%	1.07%	1.48%	1.24%
Free Cash Flow Margin	4.50%	4.50%	3.71%	2.50%	5.30%
EBITDA	717	720	680	613.43	548.47
EBITDA Margin	7.01%	6.86%	6.58%	7.18%	7.57%
D&A For EBITDA	283	338	344	328.62	310.13
EBIT	434	382	336	284.81	238.34
EBIT Margin	4.24%	3.64%	3.25%	3.33%	3.29%
Effective Tax Rate	29.35%	29.07%	27.39%	23.38%	29.28%

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