• Solid revenue growth in the first half of 2025 of +5.6% at constant exchange rates and scope

• Adjusted recurring operating income² of 18.3% as a ratio to revenue, in line with our expectations

  • Down compared to 2024 due to phasing and non-recurring effects

• 2025 targets confirmed

  • Revenue growth expected between 4% and 6% at constant rates and scope

  • Adjusted recurring operating income¹ expected around 16%

In the first half of 2025, revenue recorded solid growth of +5.6% at constant exchange rates and scope of consolidation

In the first half of 2025, revenue recorded solid growth of +5.6% at constant exchange rates and scope of consolidation

In the first quarter of 2025, revenue recorded solid growth of +4.9% at constant exchange rates and scope