v3.26.1
Segment reporting (Tables)
6 Months Ended
Jun. 30, 2026
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,
2026202520262025
Note€m€m€m€m
Profit for the period48.5 57.1 77.4 89.8 
Taxation11.6 13.5 18.0 20.5 
Net financing costs628.5 16.9 49.9 51.0 
Depreciation & amortization25.9 26.3 50.2 50.3 
Exceptional items513.0 14.9 22.9 32.0 
Other add-backs(3.8)0.6 (2.1)5.8 
Adjusted EBITDA123.7 129.3 216.3 249.4 
External Revenue by Geography
For the three months ended June 30,For the six months ended June 30,
2026202520262025
€m€m€m€m
United Kingdom188.2 196.9 386.0 416.2 
Italy77.8 78.3 176.0 188.2 
Germany75.7 84.3 172.0 190.3 
France46.7 50.3 91.7 102.4 
Croatia48.0 47.7 70.4 67.5 
Sweden33.7 33.9 68.3 69.4 
Serbia48.5 51.3 69.7 72.6 
Austria29.2 28.7 65.0 65.7 
Norway29.5 27.7 64.0 58.3 
Spain18.6 20.0 37.9 40.3 
Switzerland17.1 17.4 37.0 36.5 
Rest of Europe110.7 110.4 200.9 199.6 
Total external revenue by geography723.7 746.9 1,438.9 1,507.0