v3.26.1
Consolidated Statements of Profit or Loss - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Profit or loss [abstract]      
Revenue $ 7,577.5 $ 6,394.7 $ 5,268.5
Cost of sales and services (6,248.8) (5,241.6) (4,358.9)
Gross profit 1,328.7 1,153.1 909.6
OPERATING INCOME (EXPENSE)      
Administrative expenses (213.6) (198.9) (204.9)
Selling expenses (338.5) (309.7) (314.7)
Expected credit (losses) reversal (3.9) (21.1) 10.2
Research expenses (74.4) (55.0) (90.3)
Other income 101.2 266.1 170.7
Other expenses (185.0) (162.7) (176.3)
Share of profit (loss) of investments accounted for under the equity method (6.9) (4.3) 10.2
Operating income before financial income 607.6 667.5 314.5
Financial income 316.1 311.1 128.6
Financial expenses (615.0) (415.6) (321.9)
Foreign exchange losses, net (41.1) (6.0) (0.5)
Profit before taxes on income 267.6 557.0 120.7
Income tax 91.4 (202.4) 43.6
Net profit for the year 359.0 354.6 164.3
Attributable to:      
Controlling interests 351.9 352.5 164.0
Non-controlling interests $ 7.1 $ 2.1 $ 0.3
Earnings per share – basic (in dollars per share) $ 0.48 $ 0.48 $ 0.22
Earnings per share – diluted (in dollars per share) $ 0.48 $ 0.48 $ 0.22