Report of the Management Board
Consolidated Management Report 2024/25
Revenue by division
As percentage of total divisional revenue, business year 2024/253
Revenue by industries
As percentage of Group revenue, business year 2024/25
Revenue by regions
As percentage of Group revenue, business year 2024/25
Acquisition
Takeover or purchase of companies or of interests in companies.
Asset deal
Company takeover, where the buyer purchases individual assets (rather than shares).
EBITDA (earnings before interest, taxes, depreciation, and amortization)
Profit before the deduction of taxes, non-controlling interests, financial result, and depreciation and amortization expenses.
IFRS (International Financial Reporting Standards)
Accounting regulations developed to guarantee comparable accounting and disclosure.
Volatility
The degree of fluctuation in stock prices and currency exchange rates or in prices of consumer goods in comparison to the market.