| (in millions of euros) | S1 2025 | S1 2024 | 2025 vs. 2024 |
|---|---|---|---|
| Net revenue | Net revenueS1 20257,152 | Net revenueS1 20246,688 | Net revenue 2025 vs. 2024 +6.9% |
| Pass-through revenue | Pass-through revenue S1 20251,331 |
Pass-through revenue S1 2024962 |
Pass-through revenue 2025 vs. 2024 +38.4% |
| Revenue | RevenueS1 20258,483 | RevenueS1 20247,650 | Revenue 2025 vs. 2024 +10.9% |
| Personnel costs and freelancers costs | Personnel costs and freelancers costs S1 2025(4,835) |
Personnel costs and freelancers costs S1 2024(4,498) |
Personnel costs and freelancers costs 2025 vs. 2024 +7.5% |
| Other operating costs | Other operating costs S1 2025(2,147) |
Other operating costs S1 2024(1,751) |
Other operating costs 2025 vs. 2024 +22.6% |
| Operating margin before depreciation & amortization | Operating margin before depreciation & amortizationS1 20251,501 | Operating margin before depreciation & amortizationS1 20241,401 | Operating margin before depreciation & amortization 2025 vs. 2024 +7.1% |
| Depreciation & amortization (excl. intangibles from acquisitions) | Depreciation & amortization (excl. intangiblesfrom acquisitions) S1 2025(259) |
Depreciation & amortization (excl. intangiblesfrom acquisitions) S1 2024(241) |
Depreciation & amortization (excl. intangiblesfrom acquisitions) 2025 vs. 2024 +7.5% |
| Operating margin | Operating marginS1 20251,242 | Operating marginS1 20241,160 | Operating margin 2025 vs. 2024 +7.1% |
| Percentage operating margin (% of net revenue) | Percentage operating margin (% of net revenue)S1 202517.4% | Percentage operating margin (% of net revenue)S1 202417.3% | Percentage operating margin (% of net revenue) 2025 vs. 2024
|
| Amortization of intangibles arising on net acquisitions | Amortization of intangibles arising on net acquisitions S1 2025(106) |
Amortization of intangibles arising on net acquisitions S1 2024(123) |
Amortization of intangibles arising on net acquisitions 2025 vs. 2024 -13.8% |
| Impairment loss | Impairment loss S1 2025(35) |
Impairment loss S1 2024(45) |
Impairment loss 2025 vs. 2024 -22.2% |
| Non-current income and expenses | Non-current income and expenses S1 20251 |
Non-current income and expenses S1 202416 |
Non-current income and expenses 2025 vs. 2024
|
| Operating income | Operating incomeS1 20251,102 | Operating incomeS1 20241,008 | Operating income 2025 vs. 2024 +9.3% |
| Financial result excl. revaluation of earn-out commitments | Financial result excl. revaluation of earn-out commitments S1 2025(43) |
Financial result excl. revaluation of earn-out commitments S1 2024‐ |
Financial result excl. revaluation of earn-out commitments 2025 vs. 2024
|
| Revaluation of earn-out commitments | Revaluation of earn-outcommitments S1 202538 |
Revaluation of earn-outcommitments S1 202428 |
Revaluation of earn-outcommitments 2025 vs. 2024
|
| Share of profit of equity-accounted investees, net of tax | Share of profit of equity-accounted investees, net of tax S1 20251 |
Share of profit of equity-accounted investees, net of tax S1 2024(3) |
Share of profit of equity-accounted investees, net of tax 2025 vs. 2024
|
| Income taxes | Income taxes S1 2025(266) |
Income taxes S1 2024(256) |
Income taxes 2025 vs. 2024 +3.9% |
| Net income | Net incomeS1 2025832 | Net incomeS1 2024777 | Net income 2025 vs. 2024 +7.1% |
| Total net income attributable to: | Total net income attributable to: S1 2025
|
Total net income attributable to: S1 2024
|
Total net income attributable to: 2025 vs. 2024
|
|
Non-controlling interests |
Non-controlling interests S1 20258 |
Non-controlling interests S1 20244 |
Non-controlling interests 2025 vs. 2024
|
|
Owners of the Company |
Owners of the Company S1 2025824 |
Owners of the Company S1 2024773 |
Owners of the Company 2025 vs. 2024 +6.6% |
