v3.25.2
UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENT OF INCOME AND OTHER COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Profit or loss [abstract]        
Revenue $ 1,236.3 $ 1,001.4 $ 2,708.8 $ 2,194.0
Cost of goods sold (513.4) (442.5) (1,134.8) (986.9)
Gross profit 722.9 558.9 1,574.0 1,207.1
Selling, general and administrative expenses (697.8) (567.8) (1,339.7) (1,111.7)
Impairment losses (2.6) (1.2) (2.9) (2.5)
Other operating income 21.2 1.6 26.5 7.6
Operating profit/(loss) 43.7 (8.5) 257.9 100.5
Interest expense (30.0) (42.6) (52.0) (110.9)
Foreign currency exchange gains/(losses), net & other finance costs 6.7 (5.1) 10.6 (19.1)
Loss on debt extinguishment 0.0 0.0 0.0 (14.3)
Interest income 1.4 2.5 2.9 5.2
Net finance cost (21.9) (45.2) (38.5) (139.1)
Income/(loss) before tax 21.8 (53.7) 219.4 (38.6)
Income tax benefit/(expense) 0.6 51.9 (58.9) 43.7
Net income/(loss) 22.4 (1.8) 160.5 5.1
Net income/(loss) attributable to:        
Equity holders of the Company 18.2 (3.7) 152.8 1.4
Non-controlling interests $ 4.2 $ 1.9 $ 7.7 $ 3.7
Earnings/(loss) per share        
Basic earnings/(loss) per share (in USD per share) $ 0.03 $ (0.01) $ 0.28 $ 0.00
Diluted earnings/(loss) per share (in USD per share) $ 0.03 $ (0.01) $ 0.27 $ 0.00
Items that will not be reclassified to the statement of income and loss        
Remeasurement effects of postemployment benefit plans $ 0.3 $ (0.3) $ 0.9 $ (4.2)
Income tax related to remeasurement effects 0.0 0.1 (0.2) 1.1
Items that subsequently may be reclassified to the statement of income and loss        
Translation differences 285.7 (21.7) 380.8 43.3
Cash flow hedges (54.0) 2.3 (90.0) 23.7
Income tax related to cash flow hedges 10.8 (0.4) 18.1 (4.7)
Tax windfall on share-based payments 0.0 0.0 0.1 0.0
Other comprehensive income/(loss), net of tax 242.8 (20.0) 309.7 59.2
TOTAL COMPREHENSIVE INCOME/(LOSS) 265.2 (21.8) 470.2 64.3
Total comprehensive income/(loss) attributable to:        
Equity holders of the Company 261.0 (23.7) 462.5 60.6
Non-controlling interests $ 4.2 $ 1.9 $ 7.7 $ 3.7