HAL Trust Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	12,619	12,386	12,334	10,162	7,263	5,341
Other Revenue	937.9	581.6	653.4	752.7	419.9	142.4
Revenue	13,557	12,968	12,988	10,915	7,683	5,483
Revenue Growth (YoY)	4.60%	-0.16%	18.99%	42.07%	40.11%	1.98%
Cost of Revenue	5,454	5,598	5,904	4,966	3,066	1,912
Gross Profit	8,103	7,370	7,084	5,949	4,617	3,572
Selling, General & Admin	3,089	2,948	2,854	2,346	1,903	1,543
Amortization of Goodwill & Intangibles	158.3	165.6	164.5	147.4	129.4	114
Other Operating Expenses	1,361	1,347	1,366	1,284	1,019	930.3
Operating Expenses	5,630	5,442	5,255	4,505	3,665	3,129
Operating Income	2,472	1,929	1,829	1,444	952.6	442.3
Interest Expense	-256.9	-214.4	-250.6	-199.1	-209.3	-122.1
Interest & Investment Income	25.8	25.8	34.7	5.5	-	2.1
Currency Exchange Gain (Loss)	29.2	29.2	-15	35.9	-	-54.2
Other Non Operating Income (Expenses)	118	38	16.7	19.6	94.9	36.5
EBT Excluding Unusual Items	2,388	1,807	1,615	1,306	838.2	304.6
Merger & Restructuring Charges	-1.5	-1.5	-	-	-	-
Impairment of Goodwill	-43.2	-43.2	-233	-312.1	-	-30.5
Gain (Loss) on Sale of Assets	80.2	80.2	49.7	121.3	3,508	119
Asset Writedown	-118.1	-118.1	-63.8	-452.9	-	-
Other Unusual Items	18	18	-6.2	18.9	-	-
Pretax Income	2,324	1,743	1,362	681.2	4,346	393.1
Income Tax Expense	310.5	309.3	194.2	185.3	164.8	64.8
Earnings From Continuing Operations	2,013	1,433	1,168	495.9	4,181	328.3
Earnings From Discontinued Operations	-	-	-	-	399.9	642.9
Net Income to Company	2,013	1,433	1,168	495.9	4,581	971.2
Minority Interest in Earnings	-289.7	-223.5	-167.1	150.9	-311	-348.4
Net Income	1,724	1,210	1,001	646.8	4,270	622.8
Net Income to Common	1,724	1,210	1,001	646.8	4,270	622.8
Net Income Growth	75.80%	20.91%	54.68%	-84.85%	585.64%	-6.42%
Shares Outstanding (Basic)	90	90	90	89	90	91
Shares Outstanding (Diluted)	90	90	90	89	90	91
Shares Change (YoY)	0.43%	0.89%	0.07%	-0.19%	-1.55%	1.83%
EPS (Basic)	19.08	13.39	11.17	7.23	47.63	6.84
EPS (Diluted)	19.08	13.39	11.17	7.23	47.63	6.84
EPS Growth	75.04%	19.84%	54.57%	-84.82%	596.44%	-8.10%
Free Cash Flow	1,224	1,304	1,256	554.9	757.3	1,065
Free Cash Flow Per Share	13.54	14.43	14.03	6.20	8.45	11.69
Dividend Per Share	2.900	2.900	2.850	2.451	2.735	2.220
Dividend Growth	1.75%	1.75%	16.28%	-10.39%	23.19%	-17.09%
Gross Margin	59.77%	56.83%	54.55%	54.50%	60.10%	65.14%
Operating Margin	18.24%	14.87%	14.09%	13.23%	12.40%	8.07%
Profit Margin	12.71%	9.33%	7.70%	5.93%	55.58%	11.36%
Free Cash Flow Margin	9.03%	10.05%	9.67%	5.08%	9.86%	19.42%
EBITDA	3,488	2,851	2,677	2,123	1,523	881.8
EBITDA Margin	25.73%	21.99%	20.61%	19.45%	19.83%	16.08%
D&A For EBITDA	1,015	922.6	847.8	678.9	570.7	439.5
EBIT	2,472	1,929	1,829	1,444	952.6	442.3
EBIT Margin	18.24%	14.87%	14.09%	13.23%	12.40%	8.07%
Effective Tax Rate	13.36%	17.75%	14.26%	27.20%	3.79%	16.48%
Revenue as Reported	13,751	13,073	13,058	11,043	11,196	5,603

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