An update from our Group CFO
Despite a continued challenging and uncertain macro-economic environment, 2025 has been another year of resilience and continued strategic progress for the Group.
Our turnover reached EUR 1.55 billion, reflecting stable growth compared to 2024 on a comparable basis (following the disposal of the bank activities in November 2024, which impacted both turnover and expenses in the prior year). This performance demonstrates the strength of our underlying business model and the commitment of our teams to deliver value in a demanding context.
At the same time, we maintained a strong focus on cost discipline. On a like for like basis, our operating expenses decreased to EUR 1.39 billion, highlighting our ongoing efficiency efforts and careful management of resources while continuing to support our operations and long-term growth ambitions.
In addition, we continued to focus on creating positive impact for people and communities by contributing EUR 1.2 million in donations to support initiatives aligned with our values.
Overall, the Group delivered a solid and balanced performance in 2025: combining growth and improved cost efficiency.
