Revenue by Segment

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	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
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	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
Collection	741.00M	773.10M	697.40M	588.07M	572.68M
Collection Growth	-4.15%	10.85%	18.59%	2.69%	21.64%
Group Functions	-1.00M	-9.60M	-	-	-
Food	328.00M	310.90M	319.60M	343.83M	328.36M
Food Growth	5.50%	-2.72%	-7.05%	4.71%	3.98%
Recycling	218.00M	265.80M	270.10M	225.66M	187.73M
Recycling Growth	-17.98%	-1.59%	19.69%	20.21%	16.19%
Horizon	32.00M	7.40M	800.00K	-	-
Horizon Growth	332.43%	825.00%	-	-	-
Total	1.32B	1.35B	1.29B	1.16B	1.09B
Total Growth	-2.20%	4.64%	11.26%	6.32%	14.83%

Revenue by Geography

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	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
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	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
Northern Europe	107.00M	107.10M	107.80M	102.29M	86.58M
Northern Europe Growth	-0.09%	-0.65%	5.39%	18.14%	16.68%
Europe (Ex Northern)	320.00M	-	-	-	-
North America	338.00M	-	-	-	302.33M
Rest of World	105.00M	-	-	-	-
Europe	235.00M	-	-	-	-
South America	48.00M	27.30M	31.10M	32.54M	29.25M
South America Growth	75.82%	-12.22%	-4.42%	11.23%	-3.25%
Asia	80.00M	87.80M	83.40M	74.94M	67.21M
Asia Growth	-8.88%	5.28%	11.30%	11.49%	21.50%
Oceania	29.00M	118.90M	125.00M	114.55M	116.52M
Oceania Growth	-75.61%	-4.88%	9.12%	-1.69%	126.64%
Africa	23.00M	21.20M	28.00M	24.56M	26.45M
Africa Growth	8.49%	-24.29%	14.00%	-7.14%	9.61%
Germany	-	181.00M	191.00M	177.51M	-
Germany Growth	-	-5.24%	7.60%	-	-
United States of America	-	317.00M	297.00M	308.10M	-
United States of America Growth	-	6.73%	-3.60%	-	-
Rest of Europe (Excl. Germany)	-	434.20M	370.10M	271.52M	-
Rest of Europe (Excl. Germany) Growth	-	17.32%	36.31%	-	-
North America (Excl. USA)	-	53.10M	54.50M	51.56M	-
North America (Excl. USA) Growth	-	-2.57%	5.70%	-	-
Rest of Europe	-	-	-	-	460.43M
Total	1.29B	1.35B	1.29B	1.16B	1.09B
Total Growth	-4.65%	4.64%	11.26%	6.32%	14.83%

Source: S&P Global Market Intelligence.