FRA:4BB1 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	5,764	6,246	6,856	6,478	6,788
Revenue Growth (YoY)	-7.72%	-8.90%	5.83%	-4.57%	21.48%
Cost of Revenue	2,877	3,099	3,403	3,238	3,131
Gross Profit	2,887	3,147	3,453	3,240	3,657
Selling, General & Admin	1,986	2,102	2,191	2,120	2,380
Other Operating Expenses	-44	-72	-68	-77	-116
Operating Expenses	1,942	2,030	2,123	2,043	2,264
Operating Income	945	1,117	1,330	1,197	1,393
Interest Expense	-40	-27	-32	-25	-19
Interest & Investment Income	50	60	60	39	39
Earnings From Equity Investments	38	31	28	23	32
Currency Exchange Gain (Loss)	-	6	2	-	-
Other Non Operating Income (Expenses)	-	-8	-20	-14	-26
EBT Excluding Unusual Items	993	1,179	1,368	1,220	1,419
Merger & Restructuring Charges	-30	-37	-14	-	-38
Gain (Loss) on Sale of Assets	41	43	39	64	34
Asset Writedown	-4	-21	-	-	-
Other Unusual Items	-49	-4	-66	-1	-2
Pretax Income	951	1,160	1,327	1,283	1,413
Income Tax Expense	431	410	447	334	432
Earnings From Continuing Operations	520	750	880	949	981
Minority Interest in Earnings	-31	-24	-28	-36	-31
Net Income	489	726	852	913	950
Net Income to Common	489	726	852	913	950
Net Income Growth	-32.65%	-14.79%	-6.68%	-3.90%	84.82%
Shares Outstanding (Basic)	13,212	13,187	13,208	13,220	13,221
Shares Outstanding (Diluted)	13,325	13,291	13,272	13,240	13,232
Shares Change (YoY)	0.25%	0.15%	0.24%	0.06%	0.05%
EPS (Basic)	0.04	0.06	0.06	0.07	0.07
EPS (Diluted)	0.04	0.05	0.06	0.07	0.07
EPS Growth	-32.78%	-14.95%	-6.96%	-3.98%	84.82%
Free Cash Flow	644	755	1,313	1,083	1,297
Free Cash Flow Per Share	0.05	0.06	0.10	0.08	0.10
Dividend Per Share	0.057	0.057	0.053	0.038	0.030
Dividend Growth	-	6.99%	39.95%	25.17%	6.71%
Gross Margin	50.09%	50.38%	50.37%	50.02%	53.87%
Operating Margin	16.39%	17.88%	19.40%	18.48%	20.52%
Profit Margin	8.48%	11.62%	12.43%	14.09%	13.99%
Free Cash Flow Margin	11.17%	12.09%	19.15%	16.72%	19.11%
EBITDA	1,551	1,657	1,884	1,794	2,023
EBITDA Margin	26.91%	26.53%	27.48%	27.69%	29.80%
D&A For EBITDA	606	540	554	597	630
EBIT	945	1,117	1,330	1,197	1,393
EBIT Margin	16.39%	17.88%	19.40%	18.48%	20.52%
Effective Tax Rate	45.32%	35.34%	33.68%	26.03%	30.57%

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