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Consolidated income statement - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
[1]
Dec. 31, 2023
Profit (loss) [abstract]      
Turnover € 50,503 € 52,479 € 51,680 [1]
Operating profit 9,037 8,829 [2] 8,998 [1],[2]
(Loss)/gain on disposal of group companies [3] (36) (229) 491 [1]
Net finance costs (503) (520) (409) [1]
Pensions and similar obligations 123 83 121 [1]
Finance income 398 391 393 [1]
Finance costs (1,024) (994) (922) [1]
Net monetary loss arising from hyperinflationary economies (68) (201) [2] (169) [1],[2]
Share of net profit of joint ventures and associates 245 250 228 [1]
Other income/(loss) from non-current investments and associates (17) 13 (22) [1]
Profit before taxation from continuing operations 8,693 8,371 8,627 [1]
Taxation (2,481) (2,332) (1,990) [1]
Net profit from continuing operations 6,213 6,039 [2] 6,637 [1],[2]
Profit after taxation from discontinued operations 425 330 503 [1]
Gain on disposal of discontinued operations 3,373 0 0 [1]
Net profit from discontinued operations 3,798 330 503 [1]
Total net profit 10,011 6,369 7,140 [4]
Attributable to:      
Non-controlling interests 542 625 653 [1]
Shareholders’ equity 9,469 5,744 6,487 [1]
Total profit attributable to shareholders’ equity arises from:      
Continuing operations 5,682 5,430 6,002 [1]
Discontinued operations 3,787 314 485 [1]
Total profit attributable to non-controlling interests arises from:      
Continuing operations 531 609 635 [1]
Non-controlling interests € 11 € 16 € 18 [1]
Basic earnings per share (€)      
Basic earnings per share (in euros per share) € 4.33 € 2.59 € 2.90 [1]
Basic earnings per share from continuing operations (in euros per share) 2.60 2.45 2.68 [1]
Basic earnings per share from discontinued operations (in euros per share) 1.73 0.14 0.22 [1]
Diluted earnings per share (€)      
Diluted earnings per share (in euros per share) 4.32 2.58 2.89 [1]
Diluted earnings per share from continuing operations (in euros per share) 2.59 2.44 2.67 [1]
Diluted earnings per share from discontinued operations (in euros per share) € 1.73 € 0.14 € 0.22 [1]
[1] The 2024 and 2023 comparatives have been restated from those previously published to reflect the demerger of our Ice Cream business (see note 21).
[2] The 2024 and 2023 comparatives have been re-presented to reflect the demerger of our Ice Cream business (see note 21).
[3] 2024 net loss arises from the disposals of our Russian business, Elida Beauty, Pureit and Qinyuan. 2023 includes a gain of €497 million related to the disposal of Suave.
[4] The 2024 and 2023 comparatives have been restated from those previously published to reflect the demerger of our Ice Cream business (see note 21).