|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2026 |
|
Revenue |
|
|
Cost of Services |
|
|
Selling and
Administrative
Expenses |
|
|
OUP |
|
Americas: |
|
|
|
|
|
|
|
|
|
|
|
|
United States(a) |
|
$ |
654.9 |
|
|
$ |
498.4 |
|
|
$ |
154.4 |
|
|
$ |
2.1 |
|
Other Americas |
|
|
460.7 |
|
|
|
396.1 |
|
|
|
47.6 |
|
|
|
17.0 |
|
|
|
|
1,115.6 |
|
|
|
894.5 |
|
|
|
202.0 |
|
|
|
19.1 |
|
Southern Europe: |
|
|
|
|
|
|
|
|
|
|
|
|
France |
|
|
1,068.6 |
|
|
|
920.7 |
|
|
|
130.8 |
|
|
|
17.1 |
|
Italy |
|
|
474.7 |
|
|
|
401.0 |
|
|
|
45.0 |
|
|
|
28.7 |
|
Other Southern Europe |
|
|
558.0 |
|
|
|
482.9 |
|
|
|
66.7 |
|
|
|
8.4 |
|
|
|
|
2,101.3 |
|
|
|
1,804.6 |
|
|
|
242.5 |
|
|
|
54.2 |
|
Northern Europe |
|
|
790.1 |
|
|
|
664.5 |
|
|
|
133.8 |
|
|
|
(8.2 |
) |
APME |
|
|
510.5 |
|
|
|
429.1 |
|
|
|
59.7 |
|
|
|
21.7 |
|
Total Segments |
|
|
4,517.5 |
|
|
|
3,792.7 |
|
|
|
638.0 |
|
|
|
86.8 |
|
Intercompany Eliminations |
|
|
(7.1 |
) |
|
|
(5.3 |
) |
|
|
(1.8 |
) |
|
|
— |
|
|
|
$ |
4,510.4 |
|
|
$ |
3,787.4 |
|
|
$ |
636.2 |
|
|
$ |
86.8 |
|
Reconciliation of operating unit profit (segment OUP) |
|
|
|
|
|
|
|
|
|
|
|
|
Corporate expenses |
|
|
|
|
|
|
|
|
|
|
$ |
(51.5 |
) |
Intangible asset amortization expense(b) |
|
|
|
|
|
|
|
|
|
|
|
(7.0 |
) |
Operating profit |
|
|
|
|
|
|
|
|
|
|
|
28.3 |
|
Interest and other expenses, net |
|
|
|
|
|
|
|
|
|
|
|
(12.9 |
) |
Earnings before income taxes |
|
|
|
|
|
|
|
|
|
|
$ |
15.4 |
|
(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $2.4 for the three months ended March 31, 2026. (b)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2025 |
|
Revenue |
|
|
Cost of Services |
|
|
Selling and
Administrative
Expenses |
|
|
OUP |
|
Americas: |
|
|
|
|
|
|
|
|
|
|
|
|
United States(a) |
|
$ |
688.8 |
|
|
$ |
517.0 |
|
|
$ |
160.5 |
|
|
$ |
11.3 |
|
Other Americas |
|
|
367.9 |
|
|
|
313.2 |
|
|
|
40.5 |
|
|
|
14.2 |
|
|
|
|
1,056.7 |
|
|
|
830.2 |
|
|
|
201.0 |
|
|
|
25.5 |
|
Southern Europe: |
|
|
|
|
|
|
|
|
|
|
|
|
France |
|
|
965.7 |
|
|
|
824.8 |
|
|
|
119.9 |
|
|
|
21.0 |
|
Italy |
|
|
397.8 |
|
|
|
333.7 |
|
|
|
39.5 |
|
|
|
24.6 |
|
Other Southern Europe |
|
|
470.5 |
|
|
|
407.3 |
|
|
|
58.6 |
|
|
|
4.6 |
|
|
|
|
1,834.0 |
|
|
|
1,565.8 |
|
|
|
218.0 |
|
|
|
50.2 |
|
Northern Europe |
|
|
730.8 |
|
|
|
604.4 |
|
|
|
144.7 |
|
|
|
(18.3 |
) |
APME |
|
|
476.4 |
|
|
|
398.1 |
|
|
|
58.3 |
|
|
|
20.0 |
|
Total Segments |
|
|
4,097.9 |
|
|
|
3,398.5 |
|
|
|
622.0 |
|
|
|
77.4 |
|
Intercompany Eliminations |
|
|
(7.6 |
) |
|
|
(6.5 |
) |
|
|
(1.1 |
) |
|
|
— |
|
|
|
$ |
4,090.3 |
|
|
$ |
3,392.0 |
|
|
$ |
620.9 |
|
|
$ |
77.4 |
|
Reconciliation of operating unit profit (segment OUP) |
|
|
|
|
|
|
|
|
|
|
|
|
Corporate expenses |
|
|
|
|
|
|
|
|
|
|
$ |
(41.1 |
) |
Intangible asset amortization expense(b) |
|
|
|
|
|
|
|
|
|
|
|
(8.1 |
) |
Operating profit |
|
|
|
|
|
|
|
|
|
|
|
28.2 |
|
Interest and other expenses, net |
|
|
|
|
|
|
|
|
|
|
|
(11.5 |
) |
Earnings before income taxes |
|
|
|
|
|
|
|
|
|
|
$ |
16.7 |
|
(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $2.2 for the three months ended March 31, 2025. (b)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.
|