Strong Segment Operating Income
Segment operating income reached 13.2% of sales in H1, showing an improvement from 12.1% in H1 2023.
Cash Flow Generation
Generated a strong cash flow of EUR 669 million before acquisition, driven by disciplined budget business management.
Environmental Achievements
Reduced CO2 emissions (Scope 1 and 2) by 7.2% and water withdrawal by 6.3% versus the first semester of 2023.
Record Operating Margin
Achieved 13.2% operating margin, a record high, with a EUR 100 million increase in segment operating income like-for-like.
Positive Mix Improvement
Achieved a strong 1.9% mix improvement, more than offsetting negative price effects from indexation clauses.