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Consolidated income statement - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Profit or loss [abstract]      
Net sales € 19,220 € 21,138 € 23,761
Cost of sales (10,356) (12,592) (13,660)
Gross profit 8,864 8,546 10,101
Research and development expenses (4,512) (4,277) (4,503)
Selling, general and administrative expenses (2,890) (2,878) (2,956)
Other operating income 432 167 95
Other operating expenses 105 103 (438)
Operating profit/(loss) 1,999 1,661 2,299
Share of results of associates and joint ventures 7 (39) (26)
Financial income 405 426 178
Financial expenses (320) (579) (282)
Profit before tax 2,091 1,469 2,169
Income tax (expense)/benefit (380) (820) 2,033
Profit from continuing operations 1,711 649 4,202
(Loss)/profit from discontinued operations (427) 30 57
Profit for the year 1,284 679 4,259
Attributable to:      
Equity holders of the parent 1,277 665 4,250
Non-controlling interests € 7 € 14 € 9
Basic      
Profit from continuing operations (in EUR per share) € 0.31 € 0.11 € 0.75
Profit/(loss) for the year (in EUR per share) 0.23 0.12 0.76
Diluted      
Profit from continuing operations (in EUR per share) 0.31 0.11 0.74
Profit/(loss) for the year (in EUR per share) € 0.23 € 0.12 € 0.75