v3.26.1
UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENT OF INCOME AND OTHER COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Profit or loss [abstract]        
Revenue $ 1,632.6 $ 1,236.3 $ 3,578.1 $ 2,708.8
Cost of goods sold (561.0) (513.4) (1,341.2) (1,134.8)
Gross profit 1,071.6 722.9 2,236.9 1,574.0
Selling, general and administrative expenses (909.2) (697.8) (1,765.4) (1,339.7)
Impairment losses (2.3) (2.6) (3.0) (2.9)
Other operating income 31.6 21.2 44.2 26.5
Operating profit 191.7 43.7 512.7 257.9
Interest expense (20.0) (30.0) (44.9) (52.0)
Foreign currency exchange (losses)/gains, net & other finance costs (16.3) 6.7 (24.1) 10.6
Loss on debt extinguishment 0.0 0.0 (50.5) 0.0
Interest income 5.4 1.4 8.1 2.9
Net finance cost (30.9) (21.9) (111.4) (38.5)
Income before tax 160.8 21.8 401.3 219.4
Income tax (expense)/benefit (43.0) 0.6 (113.5) (58.9)
Net income 117.8 22.4 287.8 160.5
Net income attributable to:        
Equity holders of the Company 107.2 18.2 271.8 152.8
Non-controlling interests $ 10.6 $ 4.2 $ 16.0 $ 7.7
Earnings per share [abstract]        
Basic earnings per share (in USD per share) $ 0.18 $ 0.03 $ 0.47 $ 0.28
Diluted earnings per share (in USD per share) $ 0.18 $ 0.03 $ 0.47 $ 0.27
Net income $ 117.8 $ 22.4 $ 287.8 $ 160.5
Items that will not be reclassified to the statement of income        
Remeasurement effects of postemployment benefit plans 0.0 0.3 0.9 0.9
Income tax related to remeasurement effects 0.0 0.0 (0.2) (0.2)
Items that subsequently may be reclassified to the statement of income        
Translation differences (45.9) 285.7 (140.2) 380.8
Cash flow hedges 31.6 (54.0) 58.2 (90.0)
Income tax related to cash flow hedges (2.4) 10.8 (6.2) 18.1
Other comprehensive (loss)/income, net of tax (16.7) 242.8 (87.5) 309.6
TOTAL COMPREHENSIVE INCOME 101.1 265.2 200.3 470.1
Total comprehensive income attributable to:        
Equity holders of the Company 90.5 261.0 184.3 462.4
Non-controlling interests $ 10.6 $ 4.2 $ 16.0 $ 7.7