v3.25.2
Segment reporting (Tables)
6 Months Ended
Jun. 30, 2025
Operating Segments [Abstract]  
Segment As Adjusted EBITDA
The Chief Operating Decision Maker (“CODM”) of the Company considers there to be one reporting and operating segment, being “Frozen” which is reflected in the segment presentation below for the periods presented. The CODM primarily uses “Adjusted EBITDA”, as the key measure of the segment’s results, which is considered non-IFRS financial information.

Segment Adjusted EBITDA
  For the three months ended June 30,For the six months ended June 30,
2025202420252024
 Note€m€m€m€m
Profit for the period57.1 70.9 89.8 105.4 
Taxation13.5 16.8 20.5 24.2 
Net financing costs616.9 13.4 51.0 43.5 
Depreciation & amortization26.3 23.2 50.3 46.3 
Exceptional items514.9 12.4 32.0 35.9 
Other add-backs0.6 2.7 5.8 6.4 
Adjusted EBITDA129.3 139.4 249.4 261.7 
External Revenue by Geography
For the three months ended June 30,For the six months ended June 30,
2025202420252024
 €m€m€m€m
United Kingdom196.9212.3416.2 437.6 
Italy78.378.5188.2 189.1 
Germany84.379.2190.3 191.8 
France50.351.1102.4 105.0 
Croatia47.743.167.5 63.9 
Sweden33.931.569.4 67.3 
Austria28.727.465.7 65.9 
Serbia51.350.772.6 69.7 
Norway27.728.558.3 59.3 
Spain20.020.240.3 42.5 
Switzerland17.417.836.5 39.4 
Rest of Europe110.4112.8199.6 205.3 
Total external revenue by geography746.9753.11,507.0 1,536.8