Investors
Key financial data
Quarterly Statement Q3 2025
Key Figures
| Q3 | |||||||
| 2025 pro formac |
2024 |
+/- | 2025d | 2024 restatedd |
+/- | ||
| Sales | million € | 15,230 | 15,739 | -3.2% | 14,328 | 14,816 | -3.3% |
| EBITDA before special items | million € | 1,544 | 1,622 | -4.8% | 1,430 | 1,478 | -3.2% |
| EBITDA | million € | 1,307 | 1,277 | 2.4% | 1,207 | 1,163 | 3.8% |
| EBITDA margin from special items | % | 10.1 | 10.3 | . | 10.0 | 10.0 | . |
| Depreciation and amortizationa | million € | 1,029 | 1,027 | 0.2% | 976 | 971 | 0.4% |
| Income from operations (EBIT) | million € | 278 | 250 | 11.4% | 232 | 191 | 21.1% |
| Special items in EBIT | million € | -315 | -385 | 18.1% | -301 | -354 | 14.8% |
| EBIT before special items | million € | 594 | 635 | -6.5% | 533 | 545 | -2.2% |
| Income before income taxes | million € | 184 | 570 | -67.7% | 140 | 516 | -72.8% |
| Income after taxes from continuing operations | million € | 202 | 343 | -41.2% | 169 | 302 | -43.9% |
| Income after taxes from discontinued operations | million € | – | – | . | 32 | 41 | -21.4% |
| Income after taxes | million € | 202 | 343 | -41.2% | 202 | 343 | -41.2% |
| Net income | million € | 172 | 287 | -39.9% | 172 | 287 | -39.9% |
| Earnings per share from continuing operations | € | 0.19 | 0.32 | -40.6% | 0.16 | 0.28 | -41.9% |
| Earnings per share from discontinuing operations | € | – | – | . | 0.03 | 0.04 | -26.2% |
| Earnings per share | € | 0.19 | 0.32 | -40.6% | 0.19 | 0.32 | -39.9% |
| Adjusted earnings per share | € | 0.52 | 0.32 | 62.5% | 0.52 | 0.32 | 62.5% |
| Research and development expenses | million € | 511 | 506 | 0.8% | 489 | 485 | 0.7% |
| Personnel expenses | million € | 2,975 | 2,777 | 7.1% | 2,975 | 2,777 | 7.1% |
| Employees (September 30) | million € | 110,709 | 112,078 | -1.2% | 110,709 | 112,078 | -1.2% |
| Assets (September 30) | million € | 76,441 | 79,359 | -3.7% | 76,441 | 79,359 | -3.7% |
| Investments including acquisitionsb | million € | 1,201 | 1,568 | -23.4% | 1,201 | 1,568 | -23.4% |
| Equity ratio (September 30) | % | 44.4 | 45.4 | . | 44.4 | 45.4 | . |
| Net debt (September 30) | million € | 20,787 | 19,704 | 5.5% | 20,891 | 19,704 | 6.0% |
| Cash flows from operating activities | million € | 1,371 | 2,052 | -33.2% | 1,371 | 2,052 | -33.2% |
| Free cash flow | million € | 398 | 569 | -30.0% | 398 | 569 | -30.0% |
a Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments)
b Additions to property, plant and equipment and intangible assets
c Pro forma 2025 figures include discontinued operations; prior-year figures correspond to the figures reported in 2024 reporting.
d The earnings figures listed until income before income taxes for 2025 show values excluding discontinued operations. The prior-year values were restated.
Due to rounding, individual figures may not add up to the totals shown and percentages may not correspond exactly to the figures shown.