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SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2024
Share-based payment arrangements [Abstract]  
Schedule of Inputs to the Model Used for PSUs Granted
The following table lists the inputs to the valuation model used for the PSUs granted in March 2024:
March 2024 PSUs
Fair value at grant date (in euros)24.84
Share price at grant date (in euros)18.14
Dividend yield
Expected volatility (A)44%
Risk-free interest rate (US government bond yield)4.46%
Model usedMonte Carlo
(A)Volatility in the share prices of the Company and companies included in indices were estimated based on observed historical volatilities over a period equal to the PSU vesting period.