Revenue by Segment

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	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	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Two-Wheeler - EMEA (Excl. Italy)	649.70M	732.60M	746.60M	659.70M	546.50M
Two-Wheeler - EMEA (Excl. Italy) Growth	-11.32%	-1.88%	13.17%	20.71%	0.57%
Two-Wheeler - Italy	240.30M	246.10M	226.40M	222.70M	141.60M
Two-Wheeler - Italy Growth	-2.36%	8.70%	1.66%	57.27%	-15.21%
Two-Wheeler - America	101.00M	128.70M	124.90M	87.50M	54.50M
Two-Wheeler - America Growth	-21.52%	3.04%	42.74%	60.55%	-4.72%
Two-Wheeler - India	49.60M	45.00M	62.50M	66.00M	48.60M
Two-Wheeler - India Growth	10.22%	-28.00%	-5.30%	35.80%	-24.18%
Two-Wheeler - Asia Pacific	257.70M	381.00M	523.40M	333.10M	249.60M
Two-Wheeler - Asia Pacific Growth	-32.36%	-27.21%	57.13%	33.45%	11.73%
Commercial Vehicles - EMEA (Excl. Italy)	29.50M	43.50M	46.70M	50.90M	40.30M
Commercial Vehicles - EMEA (Excl. Italy) Growth	-32.18%	-6.85%	-8.25%	26.30%	-1.23%
Commercial Vehicles - Italy	61.90M	81.00M	85.90M	76.20M	43.80M
Commercial Vehicles - Italy Growth	-23.58%	-5.70%	12.73%	73.97%	-14.12%
Commercial Vehicles - America	13.10M	9.90M	10.00M	7.40M	4.30M
Commercial Vehicles - America Growth	32.32%	-1.00%	35.14%	72.09%	-47.56%
Commercial Vehicles - India	298.50M	317.30M	261.10M	165.20M	184.40M
Commercial Vehicles - India Growth	-5.92%	21.52%	58.05%	-10.41%	-49.65%
Total	1.70B	1.99B	2.09B	1.67B	1.31B
Total Growth	-14.30%	-4.91%	25.10%	27.03%	-13.65%

Revenue by Geography

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	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	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
EMEA and Americas	1.10B	1.24B	1.24B	1.10B	831.03M
EMEA and Americas Growth	-11.78%	0.10%	12.32%	32.90%	-4.22%
India	348.18M	362.34M	323.56M	231.16M	233.03M
India Growth	-3.91%	11.98%	39.97%	-0.80%	-45.85%
Asia Pacific 2W	257.71M	380.96M	523.40M	333.11M	249.63M
Asia Pacific 2W Growth	-32.35%	-27.21%	57.13%	33.44%	11.76%
Total	1.70B	1.99B	2.09B	1.67B	1.31B
Total Growth	-14.29%	-4.90%	25.09%	27.02%	-13.65%

Source: S&P Global Market Intelligence.