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CONSOLIDATED INCOME STATEMENT
€ in Millions
12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Disclosure of reclassifications or changes in presentation [line items]      
Revenue $ 4,908,000,000 $ 4,812,000,000 $ 4,689,000,000
Cost of sales (4,278,000,000) (4,338,000,000) (4,163,000,000)
Gross profit 630,000,000 474,000,000 526,000,000
Sales, general and administration expenses (288,000,000) (255,000,000) (212,000,000)
Intangible amortization (140,000,000) (143,000,000) (138,000,000)
Operating profit 202,000,000 76,000,000 176,000,000
Net finance (expense)/income (192,000,000) (147,000,000) 80,000,000
Profit/(loss) before tax 10,000,000 (71,000,000) 256,000,000
Income tax (charge)/credit (13,000,000) 21,000,000 (19,000,000)
(Loss)/profit for the year (3,000,000) (50,000,000) 237,000,000
(Loss)/profit attributable to:      
Equity holders $ (3,000,000) $ (50,000,000) $ 237,000,000
(Loss)/earnings per share      
Basic (loss)/earnings per share attributable to equity holders | $ / shares $ (0.05) $ (0.12) $ 0.38
Diluted (loss)/earnings per share attributable to equity holders | $ / shares $ (0.05) $ (0.12) $ 0.38
Before exceptional items      
Disclosure of reclassifications or changes in presentation [line items]      
Revenue $ 4,908,000,000 $ 4,812,000,000 $ 4,689,000,000
Cost of sales (4,262,000,000) (4,246,000,000) (4,096,000,000)
Gross profit 646,000,000 566,000,000 593,000,000
Sales, general and administration expenses (283,000,000) (241,000,000) (189,000,000)
Intangible amortization (140,000,000) (143,000,000) (138,000,000)
Operating profit 223,000,000 182,000,000 266,000,000
Net finance (expense)/income (205,000,000) (205,000,000) (138,000,000)
Profit/(loss) before tax 18,000,000 (23,000,000) 128,000,000
Income tax (charge)/credit (5,000,000) 7,000,000 (36,000,000)
(Loss)/profit for the year 13,000,000 (16,000,000) 92,000,000
Exceptional items.      
Disclosure of reclassifications or changes in presentation [line items]      
Cost of sales (16,000,000) (92,000,000) (67,000,000)
Gross profit (16,000,000) (92,000,000) (67,000,000)
Sales, general and administration expenses (5,000,000) (14,000,000) (23,000,000)
Operating profit (21,000,000) (106,000,000) (90,000,000)
Net finance (expense)/income 13,000,000 58,000,000 218,000,000
Profit/(loss) before tax (8,000,000) (48,000,000) 128,000,000
Income tax (charge)/credit (8,000,000) 14,000,000 17,000,000
(Loss)/profit for the year $ (16,000,000) $ (34,000,000) $ 145,000,000