{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"DEL": "http://delonghigroup.com/2025-12-31",
"ifrs-full": "https://xbrl.ifrs.org/taxonomy/2024-03-27/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"scheme": "http://standards.iso.org/iso/17442",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"http://delonghigroup.com/2025-12-31/8156000E09A52C4F8A38-2025-12-31.xsd"
]
},
"facts": {
"f0__s1__3__5": {
"value": "3744642000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RevenueFromContractsWithCustomers",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__5": {
"value": "3445635000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RevenueFromContractsWithCustomers",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__6": {
"value": "56816000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__6": {
"value": "51920000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__7": {
"value": "3801458000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RevenueAndOperatingIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__7": {
"value": "3497555000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RevenueAndOperatingIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__8": {
"value": "1546191000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RawMaterialsAndConsumablesUsed",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__8": {
"value": "1515164000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RawMaterialsAndConsumablesUsed",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__9": {
"value": "-4594000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ChangesInInventoriesOfFinishedGoodsAndWorkInProgress",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__9": {
"value": "-83484000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ChangesInInventoriesOfFinishedGoodsAndWorkInProgress",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__10": {
"value": "-2055000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ChangesInInventoriesOfRawMaterialsConsumablesAndGoods",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__10": {
"value": "11342000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ChangesInInventoriesOfRawMaterialsConsumablesAndGoods",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__11": {
"value": "1539542000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:MaterialsConsumed",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__11": {
"value": "1443022000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:MaterialsConsumed",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__12": {
"value": "539538000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__4__12": {
"value": "5570000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"DEL:RecurringAndNonRecurringOperationsAxis": "DEL:NonRecurringOperationsMember",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__12": {
"value": "484707000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__6__12": {
"value": "1630000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"DEL:RecurringAndNonRecurringOperationsAxis": "DEL:NonRecurringOperationsMember",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__13": {
"value": "1104072000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ServicesExpenseAndMiscellaneousOtherOperatingExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__4__13": {
"value": "53000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ServicesExpenseAndMiscellaneousOtherOperatingExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"DEL:RecurringAndNonRecurringOperationsAxis": "DEL:NonRecurringOperationsMember",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__13": {
"value": "996252000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ServicesExpenseAndMiscellaneousOtherOperatingExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__6__13": {
"value": "1721000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ServicesExpenseAndMiscellaneousOtherOperatingExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"DEL:RecurringAndNonRecurringOperationsAxis": "DEL:NonRecurringOperationsMember",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__14": {
"value": "29116000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ProvisionExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__4__14": {
"value": "-3986000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ProvisionExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"DEL:RecurringAndNonRecurringOperationsAxis": "DEL:NonRecurringOperationsMember",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__14": {
"value": "25151000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ProvisionExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__6__14": {
"value": "-2961000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:ProvisionExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"DEL:RecurringAndNonRecurringOperationsAxis": "DEL:NonRecurringOperationsMember",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__15": {
"value": "131045000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__15": {
"value": "117622000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__16": {
"value": "458145000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__4__16": {
"value": "-1637000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"DEL:RecurringAndNonRecurringOperationsAxis": "DEL:NonRecurringOperationsMember",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__16": {
"value": "430801000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__6__16": {
"value": "-390000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"DEL:RecurringAndNonRecurringOperationsAxis": "DEL:NonRecurringOperationsMember",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__17": {
"value": "-8139000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeCost",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__17": {
"value": "-1427000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeCost",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__18": {
"value": "450006000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__18": {
"value": "429374000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__19": {
"value": "108586000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__19": {
"value": "104424000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__20": {
"value": "341420000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__20": {
"value": "324950000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__21": {
"value": "25095000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__21": {
"value": "14213000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__22": {
"value": "316325000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__5__22": {
"value": "310737000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s1__3__23": {
"value": "2.11",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR/xbrli:shares"
}
},
"f0__s1__5__23": {
"value": "2.06",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR/xbrli:shares"
}
},
"f0__s1__3__24": {
"value": "2.11",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR/xbrli:shares"
}
},
"f0__s1__5__24": {
"value": "2.05",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR/xbrli:shares"
}
},
"f0__s2__3__5": {
"value": "341420000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__5": {
"value": "324950000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__6": {
"value": "-4911000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAndOtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__6": {
"value": "5408000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAndOtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__7": {
"value": "-955000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncomeAndIncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__7": {
"value": "1018000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncomeAndIncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__8": {
"value": "-138280000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__8": {
"value": "59006000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__9": {
"value": "-142236000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__9": {
"value": "63396000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__10": {
"value": "4620000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__10": {
"value": "-661000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__11": {
"value": "1012000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__11": {
"value": "-33000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__12": {
"value": "3608000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__12": {
"value": "-628000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__13": {
"value": "-138628000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__13": {
"value": "62768000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__14": {
"value": "202792000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__14": {
"value": "387718000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__15": {
"value": "182869000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__15": {
"value": "371148000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__3__16": {
"value": "19923000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s2__4__16": {
"value": "16570000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__5": {
"value": "1223798000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__5": {
"value": "1323326000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__6": {
"value": "636623000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Goodwill",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__6": {
"value": "694208000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Goodwill",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__7": {
"value": "587175000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__7": {
"value": "629118000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__8": {
"value": "523070000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipmentIncludingRightofuseAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__8": {
"value": "560606000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipmentIncludingRightofuseAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__9": {
"value": "314614000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__9": {
"value": "300339000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__10": {
"value": "116526000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherPropertyPlantAndEquipment",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__10": {
"value": "152312000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherPropertyPlantAndEquipment",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__11": {
"value": "91930000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__11": {
"value": "107955000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__12": {
"value": "70964000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__12": {
"value": "142198000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__13": {
"value": "5622000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InvestmentAccountedForUsingEquityMethod",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__13": {
"value": "5223000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InvestmentAccountedForUsingEquityMethod",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__14": {
"value": "4999000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentReceivables",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__14": {
"value": "5721000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentReceivables",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__15": {
"value": "60343000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentFinancialAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__15": {
"value": "131254000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentFinancialAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__16": {
"value": "83601000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__16": {
"value": "74177000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__17": {
"value": "1901433000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__17": {
"value": "2100307000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__20": {
"value": "605950000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__20": {
"value": "621850000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__21": {
"value": "351569000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__21": {
"value": "336145000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__22": {
"value": "9011000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssetsCurrent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__22": {
"value": "11341000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssetsCurrent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__23": {
"value": "49302000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__23": {
"value": "52659000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__24": {
"value": "244795000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentFinancialAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__24": {
"value": "194113000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentFinancialAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__25": {
"value": "998448000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__25": {
"value": "1019711000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__26": {
"value": "2259075000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__26": {
"value": "2235819000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__30": {
"value": "4160508000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__30": {
"value": "4336126000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__33": {
"value": "2026451000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__33": {
"value": "2076741000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__34": {
"value": "226942000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__34": {
"value": "226820000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__35": {
"value": "1483184000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:OtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriod",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__35": {
"value": "1539184000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:OtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriod",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__36": {
"value": "316325000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RetainedEarningsProfitLossForReportingPeriod",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__36": {
"value": "310737000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RetainedEarningsProfitLossForReportingPeriod",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__37": {
"value": "197801000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__37": {
"value": "187652000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__38": {
"value": "2224252000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__38": {
"value": "2264393000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__41": {
"value": "430559000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__41": {
"value": "505771000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__42": {
"value": "191166000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__42": {
"value": "227988000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__43": {
"value": "171762000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentFinancialLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__43": {
"value": "193581000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentFinancialLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__44": {
"value": "67631000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__44": {
"value": "84202000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__45": {
"value": "98260000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__45": {
"value": "112758000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__46": {
"value": "139200000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__46": {
"value": "138196000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__47": {
"value": "59642000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisionsForEmployeeBenefits",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__47": {
"value": "63197000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisionsForEmployeeBenefits",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__48": {
"value": "79558000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherLongtermProvisions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__48": {
"value": "74999000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherLongtermProvisions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__49": {
"value": "668019000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__49": {
"value": "756725000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__52": {
"value": "856693000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__52": {
"value": "873139000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__53": {
"value": "103034000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentFinancialLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__53": {
"value": "196072000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentFinancialLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__54": {
"value": "35877000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__54": {
"value": "94246000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__55": {
"value": "40418000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentFinancialLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__55": {
"value": "75617000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentFinancialLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__56": {
"value": "26739000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__56": {
"value": "26209000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__57": {
"value": "90148000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__57": {
"value": "75821000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__58": {
"value": "218362000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentPayables",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__58": {
"value": "169976000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentPayables",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__59": {
"value": "1268237000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__59": {
"value": "1315008000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__3__62": {
"value": "4160508000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s3__4__62": {
"value": "4336126000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__5": {
"value": "341420000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__5": {
"value": "324950000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__6": {
"value": "108586000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncomeTaxExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__6": {
"value": "104424000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncomeTaxExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__7": {
"value": "131045000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__7": {
"value": "117622000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__8": {
"value": "47661000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:AdjustmentsForProvisionsAndOtherAdjustmentsForNonCashItems",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__8": {
"value": "-4389000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:AdjustmentsForProvisionsAndOtherAdjustmentsForNonCashItems",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__9": {
"value": "628712000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__9": {
"value": "542607000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__10": {
"value": "-24427000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__10": {
"value": "-39908000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__11": {
"value": "-10771000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__11": {
"value": "-59442000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__12": {
"value": "29256000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__12": {
"value": "115363000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__13": {
"value": "-38581000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncreaseDecreaseInOtherWorkingCapital",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__13": {
"value": "-26965000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncreaseDecreaseInOtherWorkingCapital",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__14": {
"value": "117186000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__14": {
"value": "99203000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__15": {
"value": "84547000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__15": {
"value": "56225000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__16": {
"value": "544165000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__16": {
"value": "486382000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__19": {
"value": "30111000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__19": {
"value": "17841000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__20": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__20": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__21": {
"value": "59044000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__21": {
"value": "85637000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__22": {
"value": "2493000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__22": {
"value": "1570000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__23": {
"value": "-295000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:PurchaseOfFinancialAssetsClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__23": {
"value": "19125000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:PurchaseOfFinancialAssetsClassifiedAsInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__24": {
"value": "-86367000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__24": {
"value": "-121033000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__27": {
"value": "457798000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:CashFlowsFromUsedInOperatingAndInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__27": {
"value": "365349000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:CashFlowsFromUsedInOperatingAndInvestingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__28": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__28": {
"value": "-302250000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__31": {
"value": "5028000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__31": {
"value": "12712000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__32": {
"value": "60586000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__32": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__33": {
"value": "186482000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__33": {
"value": "101017000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__34": {
"value": "9806000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__34": {
"value": "5774000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__35": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__35": {
"value": "569000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__36": {
"value": "11748000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__36": {
"value": "24519000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__37": {
"value": "199770000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__37": {
"value": "181210000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__38": {
"value": "32000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:OtherTransactionsWithShareholdersClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__38": {
"value": "0.0",
"dimensions": {
"concept": "DEL:OtherTransactionsWithShareholdersClassifiedAsFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__39": {
"value": "-463332000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__39": {
"value": "-299239000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__42": {
"value": "-5534000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__42": {
"value": "-236140000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__43": {
"value": "1019711000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__43": {
"value": "1250198000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__44": {
"value": "-5534000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__44": {
"value": "-236140000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__45": {
"value": "-15729000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__45": {
"value": "5653000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__3__46": {
"value": "998448000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s4__4__46": {
"value": "1019711000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__5": {
"value": "226590000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__5": {
"value": "40078000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__5__5": {
"value": "45318000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__5": {
"value": "201413000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__5": {
"value": "-9658000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__5": {
"value": "259000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__5": {
"value": "5695000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__5": {
"value": "40867000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__5": {
"value": "1010200000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__5": {
"value": "250377000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__5": {
"value": "1811139000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__5": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__5": {
"value": "1811139000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__6": {
"value": "64439000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__6": {
"value": "36578000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__6": {
"value": "101017000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__6": {
"value": "101017000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__7": {
"value": "250377000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__7": {
"value": "-250377000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__7": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__7": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__8": {
"value": "5984000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__8": {
"value": "5984000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__8": {
"value": "5984000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__9": {
"value": "230000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__9": {
"value": "6722000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__9": {
"value": "9658000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__9": {
"value": "-3898000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__9": {
"value": "12712000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__9": {
"value": "12712000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__10": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__10": {
"value": "7650000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__10": {
"value": "7650000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__11": {
"value": "-23225000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__11": {
"value": "-23225000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__11": {
"value": "178732000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__11": {
"value": "155507000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__12": {
"value": "230000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__12": {
"value": "6722000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__5__12": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__12": {
"value": "-64439000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__12": {
"value": "9658000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__12": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__12": {
"value": "2086000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__12": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__12": {
"value": "190574000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__12": {
"value": "-250377000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__12": {
"value": "-105546000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__12": {
"value": "171082000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__12": {
"value": "65536000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__13": {
"value": "310737000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__13": {
"value": "310737000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__13": {
"value": "14213000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__13": {
"value": "324950000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__14": {
"value": "4390000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__14": {
"value": "56211000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__14": {
"value": "-190000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__14": {
"value": "60411000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__14": {
"value": "2357000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__14": {
"value": "62768000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__15": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__15": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__5__15": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__15": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__15": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__15": {
"value": "4390000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__15": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__15": {
"value": "56211000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__15": {
"value": "-190000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__15": {
"value": "310737000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__15": {
"value": "371148000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__15": {
"value": "16570000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__15": {
"value": "387718000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__16": {
"value": "226820000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__16": {
"value": "46800000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__5__16": {
"value": "45318000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__16": {
"value": "136974000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__16": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__16": {
"value": "4649000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__16": {
"value": "7781000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__16": {
"value": "97078000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__16": {
"value": "1200584000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__16": {
"value": "310737000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__16": {
"value": "2076741000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__16": {
"value": "187652000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__16": {
"value": "2264393000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__22": {
"value": "226820000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__22": {
"value": "46800000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__5__22": {
"value": "45318000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__22": {
"value": "136974000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__22": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__22": {
"value": "4649000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__22": {
"value": "7781000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__22": {
"value": "97078000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__22": {
"value": "1200584000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__22": {
"value": "310737000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__22": {
"value": "2076741000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__22": {
"value": "187652000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__22": {
"value": "2264393000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__23": {
"value": "71094000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__23": {
"value": "115621000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__23": {
"value": "186715000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__23": {
"value": "186715000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__5__24": {
"value": "70000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__24": {
"value": "310667000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__24": {
"value": "-310737000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__24": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__24": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__25": {
"value": "9114000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__25": {
"value": "9114000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__25": {
"value": "9114000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__26": {
"value": "60586000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__26": {
"value": "60586000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__26": {
"value": "60586000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__27": {
"value": "122000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__27": {
"value": "-33000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__27": {
"value": "6555000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__27": {
"value": "-1616000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__27": {
"value": "5028000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__27": {
"value": "5028000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__28": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__28": {
"value": "9806000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__28": {
"value": "9806000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__29": {
"value": "0.0",
"dimensions": {
"concept": "DEL:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__29": {
"value": "32000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__29": {
"value": "32000.0",
"decimals": -3,
"dimensions": {
"concept": "DEL:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__30": {
"value": "122000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__30": {
"value": "-33000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__5__30": {
"value": "70000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__30": {
"value": "-71094000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__30": {
"value": "-54031000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__30": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__30": {
"value": "7498000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__30": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__30": {
"value": "195046000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__30": {
"value": "-310737000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__30": {
"value": "-233159000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__30": {
"value": "-9774000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__30": {
"value": "-242933000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__31": {
"value": "316325000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__31": {
"value": "316325000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__31": {
"value": "25095000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__31": {
"value": "341420000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__32": {
"value": "-3966000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__32": {
"value": "-132255000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__32": {
"value": "2765000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__32": {
"value": "-133456000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__32": {
"value": "-5172000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__32": {
"value": "-138628000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__33": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__33": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__5__33": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__33": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__33": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__33": {
"value": "-3966000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__33": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__33": {
"value": "-132255000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__33": {
"value": "2765000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__33": {
"value": "316325000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__33": {
"value": "182869000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__33": {
"value": "19923000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__33": {
"value": "202792000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s5__3__34": {
"value": "226942000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__4__34": {
"value": "46767000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__5__34": {
"value": "45388000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__6__34": {
"value": "65880000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ExtraordinaryReserveMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__7__34": {
"value": "-54031000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__8__34": {
"value": "683000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "DEL:ReserveOfCashFlowHedgesAndReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__9__34": {
"value": "15279000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__10__34": {
"value": "-35177000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__11__34": {
"value": "1398395000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__12__34": {
"value": "316325000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__13__34": {
"value": "2026451000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__14__34": {
"value": "197801000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"f0__s5__15__34": {
"value": "2224252000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f0__s7__6__5": {
"value": "Group businessThis document represents the consolidated financial state-ments of the De\u2019 Longhi Group.The parent company De\u2019 Longhi S.p.A. is a jointstock compa-ny, incorporated in Italy, whose shares are listed on the Italian stock exchange (Euronext Milan) run by Borsa Italiana.The registered office is located in Treviso (Italy) in via Lodovi-co Seitz, 47.The Group operates in Europe, America, Asia Pacific and MEIA.The Group is active in the production and distribution of do-mestic and professional coffee machines, small appliances for food preparation and cooking, domestic cleaning and iron-ing, air conditioning and portable heaters.The companies included in the scope of consolidation are listed in Appendix 1 to the Explanatory notes.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__6": {
"value": "De\u2019 Longhi Group",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__11": {
"value": "De\u2019 Longhi S.p.A.",
"dimensions": {
"concept": "ifrs-full:NameOfParentEntity",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__7": {
"value": "De\u2019 Longhi S.p.A.",
"dimensions": {
"concept": "ifrs-full:NameOfUltimateParentOfGroup",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__8": {
"value": "jointstock compa-ny",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__9": {
"value": "incorporated in Italy, whose shares are listed on the Italian stock exchange (Euronext Milan) run by Borsa Italiana.",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__10": {
"value": "Treviso (Italy)",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__12": {
"value": "in via Lodovi-co Seitz, 47.",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__13": {
"value": "The Group operates in Europe, America, Asia Pacific and MEIA.",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__14": {
"value": "The Group is active in the production and distribution of do-mestic and professional coffee machines, small appliances for food preparation and cooking, domestic cleaning and iron-ing, air conditioning and portable heaters.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__15": {
"value": "The companies included in the scope of consolidation are listed in Appendix 1 to the Explanatory notes.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__17": {
"value": "Accounting standardsThe De\u2019Longhi Group\u2019s consolidated financial statements at 31 December 2025 have been prepared on the basis of the interna-tional accounting and financial reporting standards issued by the International Accounting Standards Board (IASB), including the SIC and IFRIC interpretations, as endorsed by the European Commission (at the date of 31 December 2025), pursuant to EC Regulation 1606 of 19 July 2002.The following documents have been used for interpretation and application purposes even though not endorsed by the European Commission:\u2022 Framework for the Preparation and Presentation of Finan-cial Statements of the International Accounting Standards Board (issued by the IASB in 2001);\u2022 Implementation Guidance, Basis for Conclusions, IFRIC and other documents issued by the IASB or IFRIC to comple-ment the accounting standards;\u2022 Interpretations published by the Italian Accounting Board relating to how to apply IAS/IFRS in Italy.",
"dimensions": {
"concept": "ifrs-full:StatementOfIFRSCompliance",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__16": {
"value": "Accounting standardsThe De\u2019Longhi Group\u2019s consolidated financial statements at 31 December 2025 have been prepared on the basis of the interna-tional accounting and financial reporting standards issued by the International Accounting Standards Board (IASB), including the SIC and IFRIC interpretations, as endorsed by the European Commission (at the date of 31 December 2025), pursuant to EC Regulation 1606 of 19 July 2002.The following documents have been used for interpretation and application purposes even though not endorsed by the European Commission:\u2022 Framework for the Preparation and Presentation of Finan-cial Statements of the International Accounting Standards Board (issued by the IASB in 2001);\u2022 Implementation Guidance, Basis for Conclusions, IFRIC and other documents issued by the IASB or IFRIC to comple-ment the accounting standards;\u2022 Interpretations published by the Italian Accounting Board relating to how to apply IAS/IFRS in Italy.The accounting policies and measurement bases used for pre-paring the financial statements at 31 December 2025 are the same as those used for preparing the consolidated financial statements at 31 December 2024, except for certain new amendments and accounting standards described below, whose adoption did not have significant impacts on the pres-ent financial statement.The consolidated financial statements at 31 December 2025 comprise the income statement, the statement of comprehen-sive income, the statement of financial position, the statement of cash flows, the statement of changes in net equity and the explanatory notes.The statement of financial position has been prepared on a basis that distinguishes between current and non-current items. The income statement has been presented on the basis of the nature of expense, being a suitable structure for faithfully rep-resenting the Group\u2019s performance.The statement of cash flows has been prepared using the \u201cin-direct method\u201d allowed by IAS 7.The present financial statements and notes are presented in Euro, with all amounts rounded to thousands of Euro, unless otherwise indicated.The financial statements used for consolidation purposes are the separate ones for the year ended 31 December 2025 pre-pared by the Boards of Directors, or other Corporate bodies, of the individual companies, adjusted if necessary for the Group\u2019s accounting policies and measurement bases.The financial statements have been prepared on the historical cost basis, adjusted as required for the valuation of certain fi-nancial instruments.They have also been prepared on a going concern basis. De-spite the unpredictability of potential macroeconomical im-pacts, the Group, in light of its financial strength and the ac-tions taken to limit risks and its business model, believes that there are no elements which could compromise the business as a going concern as per paragraph 25 of IAS 1.The risks and uncertainties relating to the business are de-scribed in a specific section of the Report on operations. The methods used by the Group to manage financial risks are described in note 42. Risk management of the present Explan-atory notes.As part of a double materiality analysis, the Group identified the impact on climate change of the GHG emissions generat-ed by their direct and indirect activities as significant, as well as the related risks and financial opportunities, found as a result of a qualitative analysis. In a subsequent phase other analyses were then conducted in order to integrate the current qualitative approach with methods based on publicly available climatic scenarios. For further information, refer to the Sus-tainability Report found in the Report on Operations within this document.The present annual financial report have been issued in the ESEF format (European Single Electronic Format); it was ap-proved and authorized for publication by the Board of Direc-tors on 13 March 2026.International accounting standards adopted by the group for the first timeIn August 2023 IASB published Amendments to IAS 21 - Lack of exchangeability, which have been adopted by the European Union with Regulation 2862/2024 of 12 November 2024, that contain guidance to specify when a currency is exchangeable and how to determine the exchange rate when it is not. These amendments, effective for annual periods beginning on or after 1 January 2025, did not have any significant impacts on De\u2019Longhi Group\u2019s results.International accounting standards and/or intepretations not yet applicable As of the date of the present financial statement, there are not yet applicable new principles and/or amendments to existing principles already published by the IASB.The Group does not intend to opt for early application of the new standards, in the event it is allowed.The main changes effective for reporting periods beginning on or after 1 January 2026 are described below.In May 2024 the IASB published Amendments to IFRS 9 and IFRS 7 - Amendments to the Classification and Measurement of Financial Instruments. The document aims to clarify the criteria for the recognition/derecognition of financial assets and liabil-ities and provides specific guidelines for the settling of finan-cial liabilities using an electronic payments system. Classifica-tion criteria for financial assets linked to ESG targets, non-recourse loans and related financial instruments were also defined. Furthermore, disclosure requirements for equity instruments measured at fair value through other comprehen-sive income and for financial instruments with contingent fea-tures were also extended.In July 2024, the IASB published Annual Improvements to IFRS Accounting Standards - Volume 11 as part of its regular improve-ment process, with the objective of streamlining and clarifying existing standards. The annual improvements make minor amendments to IFRS 1 - First-time Adoption of International Fi-nancial Reporting Standards, IFRS 7 - Financial Instruments: Dis-closures, IFRS 9 - Financial Instruments, IFRS 10 - Consolidated Financial Statements, and IAS 7 - Statement of Cash Flows. The amendments are adopted by the European Union with Regula-tion 1331/2025 of July 9, 2025.In December 2024, the IASB, through the document Contracts Referencing Nature-dependent Electricity (Amendments to IFRS 9 and IFRS 7), further amended IFRS 9 - Financial Instruments and IFRS 7 - Financial Instruments: Disclosures to improve the re-porting of the financial effects of contracts for the purchase and delivery of electricity generated from renewable sources (Power Purchase Agreements). Given that the amount of electricity generated under these contracts can vary due to uncontrollable weather-related factors, the current accounting requirements may not adequately represent how such agree-ments affect the company\u2019s performance. In response, the IASB has introduced the option to apply the own-use excep-tion to certain contracts and has simplified the application of hedge accounting through new provisions that allow for the designation of a variable nominal volume of electricity as a hedged item.The main changes effective for reporting periods beginning on or after 1 January 2027 are described below.In April 2024, the IASB issued the new IFRS 18 - Presentation and Disclosure in Financial Statements, which defines the re-quirements for the presentation of the income statement, the statement of financial position and the statement of changes in net equity, as well as the mandatory disclosures for the ex-planatory notes. The standard aims to improve the compara-bility of the income statement by defining its structure through the identification of categories and subtotals, to increase the transparency of the performance indicators, and to establish criteria for the aggregation/disaggregation of the information.In May 2024, the IASB published the new accounting standard IFRS 19 - Subsidiaries without Public Accountability: Disclosures, which introduces reduced disclosure requirements for the fi-nancial statements of eligible subsidiary companies.Finally, in November 2025, the IASB published amendments to the IAS 21 - The Effects of Changes in Foreign Exchange Rates with the aim to clarify the translation of financial statements from non-hyperinflationary into a hyperinflationary currency.Consolidation proceduresThe scope of consolidation includes the parent company, De\u2019 Longhi S.p.A., and its subsidiaries at 31 December 2025, meaning those companies in which the parent directly or indi-rectly owns the majority of share capital or shares with voting rights, or over which the parent has the power, including through contractual agreements, to govern their financial and operating policies.Subsidiaries companiesThese are companies over which the Group exercises control. Such control exists when the Group has the power, directly or indirectly, to govern the financial and operating policies of an enterprise so as to obtain benefits from its activities. The fi-nancial statements of subsidiaries are consolidated starting from the date that control is assumed with the line-by-line method.The portion of equity and results attributable to minority shareholders is shown separately in the consolidated state-ment of financial position and income statement respectively.The Group determines whether a transaction is a business combination by applying the definition which requires that the assets acquired and liabilities assumed constitute a business. A business is an integrated set of activities and assets that can provide a return to investors in the form of dividends, inter-ests or other economic benefits. A business activity includes factors and processes, which together contribute to the gener-ation of an output. In accordance with IFRS 3, business com-binations are accounted for using the acquisition method.Under this method, the consideration transferred for the ac-quisition is measured at fair value, except for the following items which are measured in accordance with the applicable standard: i) deferred tax assets and liabilities, ii) assets and lia-bilities for employee benefits and iii) assets held for sale. In the case in which it is only possible to estimate provisionally the fair value of assets, liabilities and potential liabilities, the business combination is accounted for on the basis of provi-sional estimated values. Any subsequent corrections required following completion of the valuation process are accounted for within 12 months of the acquisition date.The fair value measurement includes any elements linked to the outcome of future events. In the event of business combi-nations achieved in stages, the value of the minority interest is redetermined based on the fair value of the assets acquired at the time of the transaction and any gains or losses are recog-nized in the profit (loss) for the year.The acquisition of further shares in subsidiaries and any sale of shares which do not lead to loss of control are accounted for as transactions between shareholders; as such, the ac-counting effects of such operations are reflected directly in the Group equity.Associated companiesThese are companies in which the Group has a significant in-fluence over their financial and operating policies and which are neither subsidiaries nor joint ventures. The consolidated financial statements show the Group\u2019s portion of results of the associated companies, accounted for using the equity method, starting from the date when the significant influence began. Joint venturesThese are companies over whose activities the Group has joint control, as established by contract. The consolidated fi-nancial statements include the Group\u2019s share of the results of joint ventures, reported using the equity method as per IAS 28 - Investment in associates and joint ventures amended.Transactions eliminated upon consolidationAll transactions and balances between Group companies and all unrealized gains and losses arising on intercompany trans-actions are eliminated on consolidation.Consolidation of foreign companiesAll the assets and liabilities of foreign companies that report in a currency other than the Euro and which fall within the scope of consolidation are translated into Euro using the exchange rate ruling at the end of the reporting period (current exchange rate method). Income and costs are translated using average rates for the reporting period. The exchange differences aris-ing from this method are booked directly to the \u201ccurrency translation reserve\u201d under consolidated net equity.Transactions in foreign currencyTransactions in foreign currency are recorded at the exchange rate in force on the transaction date. Monetary assets and lia-bilities in foreign currency are translated using the exchange rate ruling on the reporting date. Exchange differences arising on the extinguishment of monetary items or their translation at different rates to those used for their translation upon initial recognition or in previous financial statements are recorded in the income statement.Exchange differences arising on monetary items that are ef-fectively part of the Group\u2019s net investment in foreign opera-tions are classified in net equity until the investment\u2019s dispos-al, at which time such differences are recognized in the income statement as income or expenses.Translation of balances in foreign currenciesThe following exchange rates have been used:31.12.2025 31.12.2024 % ChangePeriod-end Average Period-end Average Period-end Average (*) (*)(*)(*)(*)(*)exchange rateexchange rate exchange rate exchange rate exchange rate exchange rateAustralian dollar AUD 1.7581 1.7518 1.6772 1.6397 4.82% 6.84%Brazilian real BRL 6.4364 6.3072 6.4253 5.8283 0.17% 8.22%Canadian dollar CAD 1.6088 1.5787 1.4948 1.4821 7.6 3% 6.52%Swiss franc CHF 0.9314 0.9370 0.9412 0.9526 (1.04%) (1.64%)Chilean peso CLP 1,058.1300 1,074.6100 1,033.7600 1,020.6600 2.36% 5.29%Chinese renminbi (Yuan) CNY 8.2262 8.1185 7.5833 7.7875 8.48% 4.25%Czech koruna CZK 24.2370 24.6879 25.1850 25.1198 (3.76%) (1.72%)British pound GBP 0.8726 0.8568 0.8292 0.8466 5.24% 1.20%Hong Kong dollar HKD 9.1464 8.8104 8.0686 8.4454 13.36% 4.32%Hungarian forint HUF 385.1500 397.7675 411.3500 395.3039 (6.37%) 0.62%Japanese yen JPY 184.0900 169.0435 163.0600 163.8519 12.90% 3.17%South Korean won KRW 1,696.9400 1,605.4500 1,532.1500 1,475.4000 10.76% 8.81%Tenge Kazakistan KZT 592.3300 589.5300 544.9800 507.9100 8.69% 16.07%Mexican peso MXN 21.1180 21.6705 21.5504 19.8314 (2.01%) 9.27%Malaysian ringgit MYR 4.7682 4.8339 4.6454 4.9503 2.64% (2.35%)New Zealand dollar NZD 2.0380 1.9422 1.8532 1.7880 9.97% 8.62%Polish zloty PLN 4.2210 4.2397 4.2750 4.3058 (1.26%) (1.54%)Romanian leu RON 5.0968 5.0424 4.9743 4.9746 2.46% 1.36%Russian rouble RUB 92.0938 94.2724 106.1028 100.2028 (13.20%) (5.92%)Swedish krona SEK 10.8215 11.0663 11.4590 11.4325 (5.56%) (3.20%)Singapore dollar SGD 1.5105 1.4756 1.4164 1.4458 6.64% 2.06%Baht THB 37.2180 37.1160 35.6760 38.1810 4.32% (2.79%)Turkish lira TRY 50.4838 44.8161 36.7372 35.5734 37.42% 25.98%Ukrainian hryvnia UAH 49.7947 47.1098 43.6855 43.4901 13.98% 8.32%US dollar USD 1.1750 1.1300 1.0389 1.0824 13.10% 4.40%South African rand ZAR 19.4439 20.1789 19.6188 19.8297 (0.89%) 1.76%(*) Source: Bank of Italy. Source for RUB period-end and average exchange rate of year 2025 and 2024: Central Bank of Russia.Main accounting policiesIntangible assetsGoodwillBusiness combinations, whereby control of a company/entity is acquired, are accounted for in accordance with the pur-chase method, meaning that the assets and liabilities acquired are initially measured at their market value on the acquisition date.The difference between the cost of acquisition and the Group\u2019s share of net assets acquired is attributed to specific assets and liabilities to the extent of their acquisition date fair value; any remaining difference is allocated to goodwill, if positive, and to the income statement if negative. The cost of acquisi-tion is determined on the basis of the acquisition date fair value of the assets transferred, the liabilities assumed, the equity instruments issued and any other related amount.Goodwill is not amortized but tested for impairment once a year or more often if specific events or changed circumstanc-es indicate that its value may have been impaired. This proce-dure is in accordance with IAS 36 - Impairment of assets. After initial recognition, goodwill is carried at cost less any accumu-lated impairment losses.Research and development costsDevelopments costs for the production of new products or parts are recognized as assets only if the costs can be reliably determined, the Group has the intention and resources to complete them, the technical feasibility of completing them is such that they will be available for use, and the expected vol-umes and prices indicate that the costs incurred for develop-ment will generate future economic benefits.Capitalized development costs include only those expenses that can be directly attributed to the development process.Capitalized development costs are amortized on a systematic basis, starting from the commencement of production and lasting the length of the product or process\u2019s estimated life, generally ranging between three and five years. All other devel-opment costs are expensed to the income statement as incurred.Research costs are also expensed to the income statement as incurred.TrademarksThese are costs of long-term benefit incurred for the protec-tion and dissemination of the Group\u2019s trademarks. Such costs are recognized as an asset when, in accordance with IAS 38 - Intangible assets, it is probable that the future economic bene-fits attributable to the asset\u2019s use will flow to the Group and when its cost can be reliably measured.These assets are valued at purchase or production cost and amortized, if they have a finite life, on a straight-line basis over their estimated useful life, generally between 10 and 20 years.Trademarks with an indefinite useful life are not amortized but tested for impairment once a year or more often, any time there are signs that their value might be impaired.Other intangible assetsOther intangible assets purchased or internally generated are recognized as assets in accordance with IAS 38 - Intangible assets, when it is probable that the future economic benefits attributable to their use will flow to the Group and when the cost of the asset can be reliably measured.These assets are valued at purchase or production cost and amortized, if they have a finite life, on a straight-line basis over their estimated useful life, generally between 3 and 20 years.Property, plant and equipmentLand, property, plant and machineryBuildings, plant and equipment owned by the Group are re-corded at purchase or production cost and systematically de-preciated over their residual useful lives. The land pertaining to buildings is not depreciated. The cost of assets qualifying for capitalization also includes the borrowing costs directly attributable to the acquisition, construction or production of the asset itself. Subsequent expenditure is capitalized only if it increases the future economic benefits flowing to the enter-prise. Ordinary and/or routine maintenance and repair costs are directly expensed to the income statement when incurred. Costs relating to the expansion, modernization or improve-ment of owned or leased assets are capitalized to the extent that they qualify for separate classification as an asset or part of an asset under the component approach, whereby every component whose useful life and related value can be autono-mously assessed must be treated individually.All other costs are expensed to profit and loss as incurred.The useful lives, estimated by the Group for its various catego-ries of property, plant and equipment, are as follows:Industrial buildings 10 \u2013 33 yearsPlant and machinery 5 \u2013 18 yearsIndustrial and commercial equipment 3 \u201310 yearsOther 3 \u201310 yearsRight-of-use assetsIn accordance with IFRS 16 the right-of-use asset is valued as the present value of future payments (discounted at the inter-est rate implicit in the lease, if easily determined, or alterna-tively, at the incremental borrowing rate, namely the interest rate that the lessee must pay over the term of the loan and similar guarantees), the initial costs incurred directly by the lessee, any advance lease payments made and the estimate of the costs for elimination, removal and restoration. The asset value is systematically depreciated. Impairment of non-financial assetsThe Group tests, at least once a year, whether the book value of intangible assets and property, plant and equipment report-ed in the financial statements has suffered any impairment loss. If there is evidence of impairment, book value is written down to the related recoverable amount.If it is not possible to estimate the recoverable amount of an individual asset, the Group assesses whether the cash-gener-ating unit to which it belongs is impaired.In the case of goodwill and other intangible assets with indefi-nite useful lives, the impairment test must be carried out at least once a year, and whenever there is an indication that an intangible asset may be impaired.InventoriesInventories of raw materials, semi-finished and finished prod-ucts are valued at the lower of cost and market value. Cost is determined using the weighted average cost method. The val-uation of inventories includes the direct cost of materials and labour as well as indirect (variable and fixed) costs. Allowances for obsolete and slow-moving goods are calculat-ed for materials and finished products, taking account of their future expected use and net realizable value which corre-sponds to the estimated selling price in the ordinary course of business net the estimated costs of completion and the esti-mated costs necessary to make the sale.Financial instrumentsFinancial assetsUpon initial recognition, financial assets are classified based on the measurement methods used in one of the three catego-ries found in IFRS 9. The classification depends on the nature of the contractual cash flows and the business model the company uses to manage them.The business model refers to the way in which the cash flows are generated which can be from the collection of contractual cash flows, the sale of assets or both. A financial asset is classified among the assets valued at am-ortized cost if held as part of a business model where the ob-jective is collecting contractual cash flows represented solely by payments to be made on certain dates, principal and inter-est. The valuation is made based on the effective interest rate.A financial asset is classified among the assets valued at fair value with changes passing through the comprehensive income statement if held as part of a business model where the objective is collecting contractual cash flows and selling the assets and the cash flows contemplated under the con-tract refer solely to payments of principal and interest made on predetermined dates. For the assets included in this cate-gory, the interest receivable, the foreign exchange differences and losses in value are recognized in the income statement for the reporting period; other changes in fair value are recog-nized in the comprehensive income statement. Upon elimina-tion, the cumulative change in fair value recognized as other comprehensive income is released to the income statement.During the initial recognition phase, equity instruments may be included in the category of assets measured at fair value with changes recognized in the comprehensive income statement.The category of assets valued at fair value with changes rec-ognized in the income statement include assets held for trad-ing, namely acquired to be sold in the short-term, and the assets designated as such. Upon initial recognition, equity in-struments not held for trading may be included in the category of financial instruments measured at fair value with changes recognized in the comprehensive income statement. This choice may be made for each asset and is irrevocable.The trade receivables without a significant financing compo-nent are valued at the transaction price determined in accord-ance with IFRS 15.Financial liabilitiesFinancial liabilities refer mainly to loans valued at amortized cost based on the effective interest rate.Financial liabilities are derecognized when the underlying obli-gation is extinguished, cancelled or fulfilled.Trade payables are recognized initially at present value and re-determined using the amortized cost method. Trade and other payables are reported as current liabilities unless payment is expected to be made more than twelve months after the re-porting date.Lease liabilitiesLease liabilities equal the present value of the payments paya-ble and not yet paid at the date of the financial statements discounted at the interest rate implicit in the lease, if easily de-termined, or alternatively, at the incremental borrowing rate which is the rate that the lessee would pay on a loan with a similar duration and conditions. In the event the lease term, purchase options, the residual value guaranteed, or variable payments based on indices or rates, are redetermined, the lease liability is remeasured.DerivativesDerivatives are used solely for hedging purposes, in order to reduce exposures to currency and interest rate risk. As al-lowed by IFRS9, derivatives may qualify for special hedge ac-counting only when, at the inception of the hedge, the follow-ing conditions are satisfied:\u2022 there is a formal designation that the instrument is a hedg-ing one;\u2022 there is formal documentation of the hedging relationship, which is expected to be highly effective;\u2022 the effectiveness of the hedge can be reliably measured;\u2022 the hedge is highly effective throughout the different finan-cial reporting periods for which it was designated.In accordance with IFRS 9, all derivatives are measured at fair value determined based on the present value of the difference between the contractual forward exchange rate and the market forward exchange rate at the date of the financial report.If financial instruments qualify for hedge accounting, the fol-lowing treatment applies:Fair value hedge - If a derivative instrument is designated as a hedge of the exposure to changes in the fair value of a recog-nized asset or liability that is attributable to a particular risk that will affect profit or loss, the gain or loss from remeasuring the hedging instrument at fair value should be recognized in the income statement. The gain or loss on the hedged item attributable to the hedged risk adjusts the carrying amount of the hedged item and is recognized in the income statement.Cash flow hedge - If a derivative instrument is designated as a hedge of the exposure to variability in cash flows attributable to a highly probable forecasted transaction which could affect profit or loss, the effective portion of the gains or losses on the hedging instrument is recognized directly in the statement of comprehensive income. The effective portion of the cumula-tive gains or losses is reversed from net equity and reclassi-fied to profit or loss in the same period in which the hedged transaction is reported in the income statement. Gains or losses associated with a hedge or part thereof that has become ineffective are reclassified to the income statement. If a hedging instrument or hedging relationship is terminated, but the transaction being hedged has not yet occurred, the cu-mulative gains and losses, recorded up until then in the state-ment of comprehensive income, are reported in the income statement at the same time that the hedged transaction occurs. If the hedged transaction is no longer expected to occur, the unrealized gains or losses reported directly in net equity are immediately reclassified to the income statement. If hedge accounting cannot be applied, the gains or losses arising from the fair value measurement of the derivatives are transferred immediately to the income statement.Net investment hedge - Hedges of a net investment in a foreign operation, including a hedge of a monetary item that is ac-counted for as part of the net investment, are accounted for in a way similar to cash flow hedges. Gains or losses on the hedging instrument relating to the effective portion of the hedge are recognized in the statement of comprehensive income, while any gains or losses relating to the ineffective portion are recognized in the statement of profit or loss. On disposal of the foreign operation, the cumulative value of any such gains or losses recorded in equity is transferred to the statement of profit or loss.Factoring of trade receivablesThe Group factors some of its trade receivables. Trade receiv-ables factored without recourse, resulting in the substantial transfer of the related risks and rewards, are derecognized from the financial statements at the time of their transfer. Re-ceivables whose factoring does not result in the substantial transfer of the related risks and rewards, are retained in the statement of financial position.The Group has entered an agreement for the factoring of trade receivables, involving the revolving monthly transfer of a port-folio of trade receivables without recourse.The receivables are assigned without recourse to a bank, which then transfers them to a special purpose entity which finances the purchase of the receivables by issuing as-set-backed securities; the repayment of these securities, placed on the market and all subscribed by institutional inves-tors, as well as the related interest, depends on the cash flow generated by the portfolio of securitized receivables.The Group subscribes a limited quantity of securities without, however, prejudice to the requirements for the derecognition of the receivables. Receivables are sold at their face value, less a discount that reflects credit risk and the transaction\u2019s financial costs. The Group acts as servicer for the special pur-pose entity. The contractual terms of this operation involve the substantial transfer of the risks and rewards relating to the securitized receivables and their consequent derecognition from the financial statements.Employee benefitsPension and other incentive plansNet obligations relating to employee benefit plans, chiefly the provision for severance indemnities (for the portion retained in Group companies) and pension funds, are recorded at the ex-pected future value of the benefits that will be received and which have accrued at the reporting date. The Group\u2019s obliga-tion to finance defined benefit pension funds and the annual cost reported in the income statement are determined by in-dependent actuaries using the projected unit credit method. Equity based compensationThe Group grants additional benefits to a limited number of executives and key resources under the form of stock options and performance share plans. Based on IFRS 2 Share-based payment, the current value of the stock option determined on the grant date is recognized on a straight-line basis in the income statement as a payroll cost in the period between the grant date and the date on which the rights granted to employ-ees, executives and others who routinely provide services to one or more Group companies parties fully vest, with a corre-sponding increase in equity.At each reporting date the Group will revise estimates based on the number of options that are expected to vest, independ-ent of the fair value of the shares. Any differences with respect to the original estimates will be recognized in the consolidated income statement with a corresponding increase in equity.Once the stock option is exercised, the amounts received by the employee, net of transactions costs, will be credited to the Treasury stock reserve at the average price of the stocks on hand or, if the treasury stocks are not available, added to the share capital in the amount of the nominal value of the shares issued. The remainder will be recognized in the share premium reserve.The fair value of the stock options is determined using the Black-Scholes model which takes into account the conditions for the exercise of the right, the current share price, expected volatility, a risk free interest rate, as well as the non-vesting conditions.The fair value of the stock options is included within the Stock option Reserve.The dilutive effect of unexercised options will be reflected in the calculation of the diluted earnings per share.Provisions for contingencies and other chargesThe Group recognizes provisions for contingencies and charg-es when (i) it has a present obligation (legal or constructive) to third parties (ii) it is probable that the Group will need to employ resources to settle the obligation and (iii) a reliable es-timate can be made of the amount of the obligation. Changes in these estimates are reflected in the income statement in the period in which they occur (also see the comments in the par-agraph on \u201cEstimates and assumptions\u201d).Where the effect of the time value of money is material and the date of extinguishing the liability can be reasonably esti-mated, provisions are stated at the present value of the ex-pected expenditure, using a discount rate that reflects current market assessments of the time value of money and the risks specific to the liability. An increase in the amount of the provi-sion for the time value of money is accounted for in interest expense. Contingencies for which the probability of a liability is not probable but neither remote are disclosed in the notes but no provision is recognized.Recognition of revenuesThe item \u201cRevenues\u201d includes the consideration received for goods sold to customers and services rendered.Revenues represent the consideration owed in exchange for the transfer of goods and/or services to the customer, exclud-ing amounts received on behalf of third parties. The Group recognizes the revenue when contractual obligations are ful-filled, namely when control of the good or service is trans-ferred to the customer.Based on the five-step model introduced in IFRS 15, the Group recognizes revenue after the following requirements have been met:a) the parties have approved the contract (in writing, orally or in accordance with other common commercial practices) and are committed to fulfilling the respective performance obligations; an agreement between the parties which cre-ates rights and obligations regardless of the form of the agreement has, therefore, been created;b) the rights of each of the parties in relation to the goods and services to be transferred can be identified;c) the payment terms for the goods or services to be trans-ferred can be identified;d) the contract has commercial substance;e) it is probable that the Group will receive the consideration to which it is entitled in exchange for the goods or services transferred to the customer.If the consideration referred to in the contract has a variable component, the Group will estimate the amount of the consid-eration it will be entitled to in exchange for the goods or servic-es transferred to the customer.Based on the contractual terms and conditions, the clients may be entitled to return goods; in this instance, at the time of sale a liability is recognized, as well as an adjustment to reve-nues for the merchandise that could be returned. The Group recognizes the estimated product returns by reducing reve-nues and deducting their cost from the cost of goods sold. In accordance with IFRS 15, the amount corresponding to the cost of returns is recognized in \u201cInventories\u201d.The Group typically provides warranties for the repair of de-fects existing at the time of the sale, in accordance with the law. These warranties, which are standard warranties on qual-ity, are accounted for in accordance with IAS 37 - Provisions, Contingent Liabilities and Contingent Assets.\u201cOther revenues\u201d includes the amounts received by the Group in the form of public contributions. These contributions, rec-ognized when it is reasonably certain that the qualifying condi-tions will be met and the contributions will be received, are in-cluded systematically in the net result relative to the years in which the costs that the contributions are intended to com-pensate are expensed. The public contributions recognized in capital accounts are recognized in the statement of financial position as deferred income.Costs and expensesCosts and expenses are accounted for on an accrual basis.DividendsDividend distributions represent a movement in net equity in the period in which they are declared by the shareholders in general meeting.Dividends received are reported when the Group is entitled to receive the payment.Income taxesIncome taxes include all the taxes calculated on the Group\u2019s taxable income. Income taxes are recorded in the income statement, except for those relating to items directly debited or credited to net equity, in which case the associated tax is recognized directly in other components of comprehensive income.Deferred taxes are provided on the basis of global provision for the liability. They are calculated on all the temporary differenc-es emerging between the tax base of an asset or liability and their book value in the consolidated financial statements, except for goodwill whose amortization cannot be deducted for tax purposes and those differences arising from invest-ments in subsidiaries which are not expected to reverse in the foreseeable future. Deferred tax assets on the carryforward of unused tax losses and tax credits are recognized to the extent that it is probable that future taxable profit will be available against which these can be recovered. Current and deferred tax assets and liabilities may be offset when the income taxes are charged by the same tax authority and when there is a legal right of setoff. Deferred tax assets and liabilities are cal-culated at the tax rates that are expected to apply to the period when the asset is realized or the liability settled, based on tax rates and laws applying in the countries where the Group operates.Deferred taxes on reserves of distributable earnings in subsid-iaries are recognized only if it is probable that such reserves will be distributed.Any uncertaintiy regarding tax treatments is considered in the tax calculation in accordance with the recommendations of IFRIC 23 Uncertainty over Income Tax Treatments.Earnings per shareBasic earnings per share are calculated by dividing the earn-ings for the year payable to the parent company\u2019s ordinary shareholders by the weighted average number of ordinary shares outstanding during the period.The diluted earnings per share are calculated by dividing the earnings for the year payable to the parent company\u2019s ordi-nary shareholders by the weighted average number of ordi-nary shares outstanding during the period and the shares po-tentially issued following the exercise of assigned stock options.Estimates and assumptionsThese financial statements, prepared in accordance with IFRS, contain estimates and assumptions made by the Group relating to assets and liabilities, costs, revenues and contin-gent liabilities at the reporting date. These estimates are based on past experience and assumptions considered to be reasonable and realistic, based on the information available at the time of making the estimate.The assumptions relating to these estimates are periodically reviewed and the related effects reflected in the income state-ment in the same period: actual results could therefore differ from these estimates. The following paragraphs discuss the principal assumptions used for estimation purposes and the principal sources of un-certainty, that have a risk of causing material adjustment to the book value of assets and liabilities in the future; details of book value can be found in the individual explanatory notes.Allowance for doubtful accountsThe allowance for doubtful accounts reflects estimated losses on trade receivables recognized in the financial statements and not covered by insurance. The losses equal the difference between the amounts the Group is entitled to receive based on contracts with customers and the estimated inflows.Changes in the economic environment could cause the perfor-mance of some of the Group\u2019s customers to deteriorate, with an impact on the recoverability of the uninsured portion of trade receivables.Recoverable amount of non-current assetsThe Group reviews all its non-financial assets at every reporting date for any evidence of impairment. Goodwill and other intangi-ble assets with an indefinite useful life are tested annually for im-pairment. The recoverable amount of non-current assets is usu-ally determined with reference to value in use, being the present value of the future cash flows expected from an asset\u2019s continu-ing use. The forecast cash flows are determined based on the in-formation available when estimated based on the opinion of the directors regarding the future performance of certain variables - such as prices and the subsequent revenues, costs, increase in demand, production flows - which are discounted at a risk-adjust-ed rate. The test also involves selecting a suitable discount rate for calculating the present value of the expected cash flows.Employee benefitsThe cost of defined benefit pension plans is determined using actuarial valuations, based on statistical assumptions regard-ing discount rates, expected returns on investments, future salary growth and mortality rates.The Group believes the rates estimated by its actuaries to be reasonable for the year-end valuations, but cannot rule out that large future changes in rates could have a material impact on the liabilities recognized in the financial statements.Deferred tax assets recoverabilityDeferred tax assets include those relating to carryforward tax losses to the extent that there is likely to be sufficient future taxable profit against which such losses can be recovered.Management must use their discretion when determining the amount of deferred tax assets for recognition in the financial statements. They must estimate the likely timing of reversal and the amount of future taxable profit, as well as the future tax planning strategy.Provisions for contingenciesThe Group makes several provisions against disputes or risks of various kinds relating to different matters falling under the jurisdiction of different countries. The determination, probabil-ity and quantification of these liabilities involve estimation pro-cesses that are often very complex, for which management uses all the available information at the date of preparing the financial statements, including with the support of legal and tax advisors.Product warranty provisionsThe Group makes provisions for the estimated cost of product warranties. Management establishes the amount of these pro-visions on the basis of past trends relating to the frequency and average cost of under-warranty repairs and replacement.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__18": {
"value": "The accounting policies and measurement bases used for pre-paring the financial statements at 31 December 2025 are the same as those used for preparing the consolidated financial statements at 31 December 2024, except for certain new amendments and accounting standards described below, whose adoption did not have significant impacts on the pres-ent financial statement.The consolidated financial statements at 31 December 2025 comprise the income statement, the statement of comprehen-sive income, the statement of financial position, the statement of cash flows, the statement of changes in net equity and the explanatory notes.The statement of financial position has been prepared on a basis that distinguishes between current and non-current items. The income statement has been presented on the basis of the nature of expense, being a suitable structure for faithfully rep-resenting the Group\u2019s performance.The statement of cash flows has been prepared using the \u201cin-direct method\u201d allowed by IAS 7.The present financial statements and notes are presented in Euro, with all amounts rounded to thousands of Euro, unless otherwise indicated.The financial statements used for consolidation purposes are the separate ones for the year ended 31 December 2025 pre-pared by the Boards of Directors, or other Corporate bodies, of the individual companies, adjusted if necessary for the Group\u2019s accounting policies and measurement bases.The financial statements have been prepared on the historical cost basis, adjusted as required for the valuation of certain fi-nancial instruments.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__19": {
"value": "They have also been prepared on a going concern basis. De-spite the unpredictability of potential macroeconomical im-pacts, the Group, in light of its financial strength and the ac-tions taken to limit risks and its business model, believes that there are no elements which could compromise the business as a going concern as per paragraph 25 of IAS 1.The risks and uncertainties relating to the business are de-scribed in a specific section of the Report on operations. The methods used by the Group to manage financial risks are described in note 42. Risk management of the present Explan-atory notes.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__20": {
"value": "The present annual financial report have been issued in the ESEF format (European Single Electronic Format); it was ap-proved and authorized for publication by the Board of Direc-tors on 13 March 2026.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__22": {
"value": "Subsidiaries companiesThese are companies over which the Group exercises control. Such control exists when the Group has the power, directly or indirectly, to govern the financial and operating policies of an enterprise so as to obtain benefits from its activities. The fi-nancial statements of subsidiaries are consolidated starting from the date that control is assumed with the line-by-line method.The portion of equity and results attributable to minority shareholders is shown separately in the consolidated state-ment of financial position and income statement respectively.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__23": {
"value": "The Group determines whether a transaction is a business combination by applying the definition which requires that the assets acquired and liabilities assumed constitute a business. A business is an integrated set of activities and assets that can provide a return to investors in the form of dividends, inter-ests or other economic benefits. A business activity includes factors and processes, which together contribute to the gener-ation of an output. In accordance with IFRS 3, business com-binations are accounted for using the acquisition method.Under this method, the consideration transferred for the ac-quisition is measured at fair value, except for the following items which are measured in accordance with the applicable standard: i) deferred tax assets and liabilities, ii) assets and lia-bilities for employee benefits and iii) assets held for sale. In the case in which it is only possible to estimate provisionally the fair value of assets, liabilities and potential liabilities, the business combination is accounted for on the basis of provi-sional estimated values. Any subsequent corrections required following completion of the valuation process are accounted for within 12 months of the acquisition date.The fair value measurement includes any elements linked to the outcome of future events. In the event of business combi-nations achieved in stages, the value of the minority interest is redetermined based on the fair value of the assets acquired at the time of the transaction and any gains or losses are recog-nized in the profit (loss) for the year.The acquisition of further shares in subsidiaries and any sale of shares which do not lead to loss of control are accounted for as transactions between shareholders; as such, the ac-counting effects of such operations are reflected directly in the Group equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__24": {
"value": "Associated companiesThese are companies in which the Group has a significant in-fluence over their financial and operating policies and which are neither subsidiaries nor joint ventures. The consolidated financial statements show the Group\u2019s portion of results of the associated companies, accounted for using the equity method, starting from the date when the significant influence began.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__25": {
"value": "Joint venturesThese are companies over whose activities the Group has joint control, as established by contract. The consolidated fi-nancial statements include the Group\u2019s share of the results of joint ventures, reported using the equity method as per IAS 28 - Investment in associates and joint ventures amended.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__21": {
"value": "Consolidation of foreign companiesAll the assets and liabilities of foreign companies that report in a currency other than the Euro and which fall within the scope of consolidation are translated into Euro using the exchange rate ruling at the end of the reporting period (current exchange rate method). Income and costs are translated using average rates for the reporting period. The exchange differences aris-ing from this method are booked directly to the \u201ccurrency translation reserve\u201d under consolidated net equity.Transactions in foreign currencyTransactions in foreign currency are recorded at the exchange rate in force on the transaction date. Monetary assets and lia-bilities in foreign currency are translated using the exchange rate ruling on the reporting date. Exchange differences arising on the extinguishment of monetary items or their translation at different rates to those used for their translation upon initial recognition or in previous financial statements are recorded in the income statement.Exchange differences arising on monetary items that are ef-fectively part of the Group\u2019s net investment in foreign opera-tions are classified in net equity until the investment\u2019s dispos-al, at which time such differences are recognized in the income statement as income or expenses.Translation of balances in foreign currenciesThe following exchange rates have been used:31.12.2025 31.12.2024 % ChangePeriod-end Average Period-end Average Period-end Average (*) (*)(*)(*)(*)(*)exchange rateexchange rate exchange rate exchange rate exchange rate exchange rateAustralian dollar AUD 1.7581 1.7518 1.6772 1.6397 4.82% 6.84%Brazilian real BRL 6.4364 6.3072 6.4253 5.8283 0.17% 8.22%Canadian dollar CAD 1.6088 1.5787 1.4948 1.4821 7.6 3% 6.52%Swiss franc CHF 0.9314 0.9370 0.9412 0.9526 (1.04%) (1.64%)Chilean peso CLP 1,058.1300 1,074.6100 1,033.7600 1,020.6600 2.36% 5.29%Chinese renminbi (Yuan) CNY 8.2262 8.1185 7.5833 7.7875 8.48% 4.25%Czech koruna CZK 24.2370 24.6879 25.1850 25.1198 (3.76%) (1.72%)British pound GBP 0.8726 0.8568 0.8292 0.8466 5.24% 1.20%Hong Kong dollar HKD 9.1464 8.8104 8.0686 8.4454 13.36% 4.32%Hungarian forint HUF 385.1500 397.7675 411.3500 395.3039 (6.37%) 0.62%Japanese yen JPY 184.0900 169.0435 163.0600 163.8519 12.90% 3.17%South Korean won KRW 1,696.9400 1,605.4500 1,532.1500 1,475.4000 10.76% 8.81%Tenge Kazakistan KZT 592.3300 589.5300 544.9800 507.9100 8.69% 16.07%Mexican peso MXN 21.1180 21.6705 21.5504 19.8314 (2.01%) 9.27%Malaysian ringgit MYR 4.7682 4.8339 4.6454 4.9503 2.64% (2.35%)New Zealand dollar NZD 2.0380 1.9422 1.8532 1.7880 9.97% 8.62%Polish zloty PLN 4.2210 4.2397 4.2750 4.3058 (1.26%) (1.54%)Romanian leu RON 5.0968 5.0424 4.9743 4.9746 2.46% 1.36%Russian rouble RUB 92.0938 94.2724 106.1028 100.2028 (13.20%) (5.92%)Swedish krona SEK 10.8215 11.0663 11.4590 11.4325 (5.56%) (3.20%)Singapore dollar SGD 1.5105 1.4756 1.4164 1.4458 6.64% 2.06%Baht THB 37.2180 37.1160 35.6760 38.1810 4.32% (2.79%)Turkish lira TRY 50.4838 44.8161 36.7372 35.5734 37.42% 25.98%Ukrainian hryvnia UAH 49.7947 47.1098 43.6855 43.4901 13.98% 8.32%US dollar USD 1.1750 1.1300 1.0389 1.0824 13.10% 4.40%South African rand ZAR 19.4439 20.1789 19.6188 19.8297 (0.89%) 1.76%(*) Source: Bank of Italy. Source for RUB period-end and average exchange rate of year 2025 and 2024: Central Bank of Russia.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__26": {
"value": "Intangible assetsGoodwillBusiness combinations, whereby control of a company/entity is acquired, are accounted for in accordance with the pur-chase method, meaning that the assets and liabilities acquired are initially measured at their market value on the acquisition date.The difference between the cost of acquisition and the Group\u2019s share of net assets acquired is attributed to specific assets and liabilities to the extent of their acquisition date fair value; any remaining difference is allocated to goodwill, if positive, and to the income statement if negative. The cost of acquisi-tion is determined on the basis of the acquisition date fair value of the assets transferred, the liabilities assumed, the equity instruments issued and any other related amount.Goodwill is not amortized but tested for impairment once a year or more often if specific events or changed circumstanc-es indicate that its value may have been impaired. This proce-dure is in accordance with IAS 36 - Impairment of assets. After initial recognition, goodwill is carried at cost less any accumu-lated impairment losses.Research and development costsDevelopments costs for the production of new products or parts are recognized as assets only if the costs can be reliably determined, the Group has the intention and resources to complete them, the technical feasibility of completing them is such that they will be available for use, and the expected vol-umes and prices indicate that the costs incurred for develop-ment will generate future economic benefits.Capitalized development costs include only those expenses that can be directly attributed to the development process.Capitalized development costs are amortized on a systematic basis, starting from the commencement of production and lasting the length of the product or process\u2019s estimated life, generally ranging between three and five years. All other devel-opment costs are expensed to the income statement as incurred.Research costs are also expensed to the income statement as incurred.TrademarksThese are costs of long-term benefit incurred for the protec-tion and dissemination of the Group\u2019s trademarks. Such costs are recognized as an asset when, in accordance with IAS 38 - Intangible assets, it is probable that the future economic bene-fits attributable to the asset\u2019s use will flow to the Group and when its cost can be reliably measured.These assets are valued at purchase or production cost and amortized, if they have a finite life, on a straight-line basis over their estimated useful life, generally between 10 and 20 years.Trademarks with an indefinite useful life are not amortized but tested for impairment once a year or more often, any time there are signs that their value might be impaired.Other intangible assetsOther intangible assets purchased or internally generated are recognized as assets in accordance with IAS 38 - Intangible assets, when it is probable that the future economic benefits attributable to their use will flow to the Group and when the cost of the asset can be reliably measured.These assets are valued at purchase or production cost and amortized, if they have a finite life, on a straight-line basis over their estimated useful life, generally between 3 and 20 years.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__27": {
"value": "GoodwillBusiness combinations, whereby control of a company/entity is acquired, are accounted for in accordance with the pur-chase method, meaning that the assets and liabilities acquired are initially measured at their market value on the acquisition date.The difference between the cost of acquisition and the Group\u2019s share of net assets acquired is attributed to specific assets and liabilities to the extent of their acquisition date fair value; any remaining difference is allocated to goodwill, if positive, and to the income statement if negative. The cost of acquisi-tion is determined on the basis of the acquisition date fair value of the assets transferred, the liabilities assumed, the equity instruments issued and any other related amount.Goodwill is not amortized but tested for impairment once a year or more often if specific events or changed circumstanc-es indicate that its value may have been impaired. This proce-dure is in accordance with IAS 36 - Impairment of assets. After initial recognition, goodwill is carried at cost less any accumu-lated impairment losses.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__28": {
"value": "Research and development costsDevelopments costs for the production of new products or parts are recognized as assets only if the costs can be reliably determined, the Group has the intention and resources to complete them, the technical feasibility of completing them is such that they will be available for use, and the expected vol-umes and prices indicate that the costs incurred for develop-ment will generate future economic benefits.Capitalized development costs include only those expenses that can be directly attributed to the development process.Capitalized development costs are amortized on a systematic basis, starting from the commencement of production and lasting the length of the product or process\u2019s estimated life, generally ranging between three and five years. All other devel-opment costs are expensed to the income statement as incurred.Research costs are also expensed to the income statement as incurred.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__29": {
"value": "TrademarksThese are costs of long-term benefit incurred for the protec-tion and dissemination of the Group\u2019s trademarks. Such costs are recognized as an asset when, in accordance with IAS 38 - Intangible assets, it is probable that the future economic bene-fits attributable to the asset\u2019s use will flow to the Group and when its cost can be reliably measured.These assets are valued at purchase or production cost and amortized, if they have a finite life, on a straight-line basis over their estimated useful life, generally between 10 and 20 years.Trademarks with an indefinite useful life are not amortized but tested for impairment once a year or more often, any time there are signs that their value might be impaired.Other intangible assetsOther intangible assets purchased or internally generated are recognized as assets in accordance with IAS 38 - Intangible assets, when it is probable that the future economic benefits attributable to their use will flow to the Group and when the cost of the asset can be reliably measured.These assets are valued at purchase or production cost and amortized, if they have a finite life, on a straight-line basis over their estimated useful life, generally between 3 and 20 years.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__30": {
"value": "Land, property, plant and machineryBuildings, plant and equipment owned by the Group are re-corded at purchase or production cost and systematically de-preciated over their residual useful lives. The land pertaining to buildings is not depreciated. The cost of assets qualifying for capitalization also includes the borrowing costs directly attributable to the acquisition, construction or production of the asset itself. Subsequent expenditure is capitalized only if it increases the future economic benefits flowing to the enter-prise. Ordinary and/or routine maintenance and repair costs are directly expensed to the income statement when incurred. Costs relating to the expansion, modernization or improve-ment of owned or leased assets are capitalized to the extent that they qualify for separate classification as an asset or part of an asset under the component approach, whereby every component whose useful life and related value can be autono-mously assessed must be treated individually.All other costs are expensed to profit and loss as incurred.The useful lives, estimated by the Group for its various catego-ries of property, plant and equipment, are as follows:Industrial buildings 10 \u2013 33 yearsPlant and machinery 5 \u2013 18 yearsIndustrial and commercial equipment 3 \u201310 yearsOther 3 \u201310 years",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__31": {
"value": "Right-of-use assetsIn accordance with IFRS 16 the right-of-use asset is valued as the present value of future payments (discounted at the inter-est rate implicit in the lease, if easily determined, or alterna-tively, at the incremental borrowing rate, namely the interest rate that the lessee must pay over the term of the loan and similar guarantees), the initial costs incurred directly by the lessee, any advance lease payments made and the estimate of the costs for elimination, removal and restoration. The asset value is systematically depreciated.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__32": {
"value": "Impairment of non-financial assetsThe Group tests, at least once a year, whether the book value of intangible assets and property, plant and equipment report-ed in the financial statements has suffered any impairment loss. If there is evidence of impairment, book value is written down to the related recoverable amount.If it is not possible to estimate the recoverable amount of an individual asset, the Group assesses whether the cash-gener-ating unit to which it belongs is impaired.In the case of goodwill and other intangible assets with indefi-nite useful lives, the impairment test must be carried out at least once a year, and whenever there is an indication that an intangible asset may be impaired.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__33": {
"value": "InventoriesInventories of raw materials, semi-finished and finished prod-ucts are valued at the lower of cost and market value. Cost is determined using the weighted average cost method. The val-uation of inventories includes the direct cost of materials and labour as well as indirect (variable and fixed) costs. Allowances for obsolete and slow-moving goods are calculat-ed for materials and finished products, taking account of their future expected use and net realizable value which corre-sponds to the estimated selling price in the ordinary course of business net the estimated costs of completion and the esti-mated costs necessary to make the sale.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__34": {
"value": "Financial instrumentsFinancial assetsUpon initial recognition, financial assets are classified based on the measurement methods used in one of the three catego-ries found in IFRS 9. The classification depends on the nature of the contractual cash flows and the business model the company uses to manage them.The business model refers to the way in which the cash flows are generated which can be from the collection of contractual cash flows, the sale of assets or both. A financial asset is classified among the assets valued at am-ortized cost if held as part of a business model where the ob-jective is collecting contractual cash flows represented solely by payments to be made on certain dates, principal and inter-est. The valuation is made based on the effective interest rate.A financial asset is classified among the assets valued at fair value with changes passing through the comprehensive income statement if held as part of a business model where the objective is collecting contractual cash flows and selling the assets and the cash flows contemplated under the con-tract refer solely to payments of principal and interest made on predetermined dates. For the assets included in this cate-gory, the interest receivable, the foreign exchange differences and losses in value are recognized in the income statement for the reporting period; other changes in fair value are recog-nized in the comprehensive income statement. Upon elimina-tion, the cumulative change in fair value recognized as other comprehensive income is released to the income statement.During the initial recognition phase, equity instruments may be included in the category of assets measured at fair value with changes recognized in the comprehensive income statement.The category of assets valued at fair value with changes rec-ognized in the income statement include assets held for trad-ing, namely acquired to be sold in the short-term, and the assets designated as such. Upon initial recognition, equity in-struments not held for trading may be included in the category of financial instruments measured at fair value with changes recognized in the comprehensive income statement. This choice may be made for each asset and is irrevocable.The trade receivables without a significant financing compo-nent are valued at the transaction price determined in accord-ance with IFRS 15.Financial liabilitiesFinancial liabilities refer mainly to loans valued at amortized cost based on the effective interest rate.Financial liabilities are derecognized when the underlying obli-gation is extinguished, cancelled or fulfilled.Trade payables are recognized initially at present value and re-determined using the amortized cost method. Trade and other payables are reported as current liabilities unless payment is expected to be made more than twelve months after the re-porting date.Lease liabilitiesLease liabilities equal the present value of the payments paya-ble and not yet paid at the date of the financial statements discounted at the interest rate implicit in the lease, if easily de-termined, or alternatively, at the incremental borrowing rate which is the rate that the lessee would pay on a loan with a similar duration and conditions. In the event the lease term, purchase options, the residual value guaranteed, or variable payments based on indices or rates, are redetermined, the lease liability is remeasured.DerivativesDerivatives are used solely for hedging purposes, in order to reduce exposures to currency and interest rate risk. As al-lowed by IFRS9, derivatives may qualify for special hedge ac-counting only when, at the inception of the hedge, the follow-ing conditions are satisfied:\u2022 there is a formal designation that the instrument is a hedg-ing one;\u2022 there is formal documentation of the hedging relationship, which is expected to be highly effective;\u2022 the effectiveness of the hedge can be reliably measured;\u2022 the hedge is highly effective throughout the different finan-cial reporting periods for which it was designated.In accordance with IFRS 9, all derivatives are measured at fair value determined based on the present value of the difference between the contractual forward exchange rate and the market forward exchange rate at the date of the financial report.If financial instruments qualify for hedge accounting, the fol-lowing treatment applies:Fair value hedge - If a derivative instrument is designated as a hedge of the exposure to changes in the fair value of a recog-nized asset or liability that is attributable to a particular risk that will affect profit or loss, the gain or loss from remeasuring the hedging instrument at fair value should be recognized in the income statement. The gain or loss on the hedged item attributable to the hedged risk adjusts the carrying amount of the hedged item and is recognized in the income statement.Cash flow hedge - If a derivative instrument is designated as a hedge of the exposure to variability in cash flows attributable to a highly probable forecasted transaction which could affect profit or loss, the effective portion of the gains or losses on the hedging instrument is recognized directly in the statement of comprehensive income. The effective portion of the cumula-tive gains or losses is reversed from net equity and reclassi-fied to profit or loss in the same period in which the hedged transaction is reported in the income statement. Gains or losses associated with a hedge or part thereof that has become ineffective are reclassified to the income statement. If a hedging instrument or hedging relationship is terminated, but the transaction being hedged has not yet occurred, the cu-mulative gains and losses, recorded up until then in the state-ment of comprehensive income, are reported in the income statement at the same time that the hedged transaction occurs. If the hedged transaction is no longer expected to occur, the unrealized gains or losses reported directly in net equity are immediately reclassified to the income statement. If hedge accounting cannot be applied, the gains or losses arising from the fair value measurement of the derivatives are transferred immediately to the income statement.Net investment hedge - Hedges of a net investment in a foreign operation, including a hedge of a monetary item that is ac-counted for as part of the net investment, are accounted for in a way similar to cash flow hedges. Gains or losses on the hedging instrument relating to the effective portion of the hedge are recognized in the statement of comprehensive income, while any gains or losses relating to the ineffective portion are recognized in the statement of profit or loss. On disposal of the foreign operation, the cumulative value of any such gains or losses recorded in equity is transferred to the statement of profit or loss.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__35": {
"value": "Financial assetsUpon initial recognition, financial assets are classified based on the measurement methods used in one of the three catego-ries found in IFRS 9. The classification depends on the nature of the contractual cash flows and the business model the company uses to manage them.The business model refers to the way in which the cash flows are generated which can be from the collection of contractual cash flows, the sale of assets or both. A financial asset is classified among the assets valued at am-ortized cost if held as part of a business model where the ob-jective is collecting contractual cash flows represented solely by payments to be made on certain dates, principal and inter-est. The valuation is made based on the effective interest rate.A financial asset is classified among the assets valued at fair value with changes passing through the comprehensive income statement if held as part of a business model where the objective is collecting contractual cash flows and selling the assets and the cash flows contemplated under the con-tract refer solely to payments of principal and interest made on predetermined dates. For the assets included in this cate-gory, the interest receivable, the foreign exchange differences and losses in value are recognized in the income statement for the reporting period; other changes in fair value are recog-nized in the comprehensive income statement. Upon elimina-tion, the cumulative change in fair value recognized as other comprehensive income is released to the income statement.During the initial recognition phase, equity instruments may be included in the category of assets measured at fair value with changes recognized in the comprehensive income statement.The category of assets valued at fair value with changes rec-ognized in the income statement include assets held for trad-ing, namely acquired to be sold in the short-term, and the assets designated as such. Upon initial recognition, equity in-struments not held for trading may be included in the category of financial instruments measured at fair value with changes recognized in the comprehensive income statement. This choice may be made for each asset and is irrevocable.The trade receivables without a significant financing compo-nent are valued at the transaction price determined in accord-ance with IFRS 15.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__36": {
"value": "Financial liabilitiesFinancial liabilities refer mainly to loans valued at amortized cost based on the effective interest rate.Financial liabilities are derecognized when the underlying obli-gation is extinguished, cancelled or fulfilled.Trade payables are recognized initially at present value and re-determined using the amortized cost method. Trade and other payables are reported as current liabilities unless payment is expected to be made more than twelve months after the re-porting date.Lease liabilitiesLease liabilities equal the present value of the payments paya-ble and not yet paid at the date of the financial statements discounted at the interest rate implicit in the lease, if easily de-termined, or alternatively, at the incremental borrowing rate which is the rate that the lessee would pay on a loan with a similar duration and conditions. In the event the lease term, purchase options, the residual value guaranteed, or variable payments based on indices or rates, are redetermined, the lease liability is remeasured.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__37": {
"value": "DerivativesDerivatives are used solely for hedging purposes, in order to reduce exposures to currency and interest rate risk. As al-lowed by IFRS9, derivatives may qualify for special hedge ac-counting only when, at the inception of the hedge, the follow-ing conditions are satisfied:\u2022 there is a formal designation that the instrument is a hedg-ing one;\u2022 there is formal documentation of the hedging relationship, which is expected to be highly effective;\u2022 the effectiveness of the hedge can be reliably measured;\u2022 the hedge is highly effective throughout the different finan-cial reporting periods for which it was designated.In accordance with IFRS 9, all derivatives are measured at fair value determined based on the present value of the difference between the contractual forward exchange rate and the market forward exchange rate at the date of the financial report.If financial instruments qualify for hedge accounting, the fol-lowing treatment applies:Fair value hedge - If a derivative instrument is designated as a hedge of the exposure to changes in the fair value of a recog-nized asset or liability that is attributable to a particular risk that will affect profit or loss, the gain or loss from remeasuring the hedging instrument at fair value should be recognized in the income statement. The gain or loss on the hedged item attributable to the hedged risk adjusts the carrying amount of the hedged item and is recognized in the income statement.Cash flow hedge - If a derivative instrument is designated as a hedge of the exposure to variability in cash flows attributable to a highly probable forecasted transaction which could affect profit or loss, the effective portion of the gains or losses on the hedging instrument is recognized directly in the statement of comprehensive income. The effective portion of the cumula-tive gains or losses is reversed from net equity and reclassi-fied to profit or loss in the same period in which the hedged transaction is reported in the income statement. Gains or losses associated with a hedge or part thereof that has become ineffective are reclassified to the income statement. If a hedging instrument or hedging relationship is terminated, but the transaction being hedged has not yet occurred, the cu-mulative gains and losses, recorded up until then in the state-ment of comprehensive income, are reported in the income statement at the same time that the hedged transaction occurs. If the hedged transaction is no longer expected to occur, the unrealized gains or losses reported directly in net equity are immediately reclassified to the income statement. If hedge accounting cannot be applied, the gains or losses arising from the fair value measurement of the derivatives are transferred immediately to the income statement.Net investment hedge - Hedges of a net investment in a foreign operation, including a hedge of a monetary item that is ac-counted for as part of the net investment, are accounted for in a way similar to cash flow hedges. Gains or losses on the hedging instrument relating to the effective portion of the hedge are recognized in the statement of comprehensive income, while any gains or losses relating to the ineffective portion are recognized in the statement of profit or loss. On disposal of the foreign operation, the cumulative value of any such gains or losses recorded in equity is transferred to the statement of profit or loss.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__38": {
"value": "Factoring of trade receivablesThe Group factors some of its trade receivables. Trade receiv-ables factored without recourse, resulting in the substantial transfer of the related risks and rewards, are derecognized from the financial statements at the time of their transfer. Re-ceivables whose factoring does not result in the substantial transfer of the related risks and rewards, are retained in the statement of financial position.The Group has entered an agreement for the factoring of trade receivables, involving the revolving monthly transfer of a port-folio of trade receivables without recourse.The receivables are assigned without recourse to a bank, which then transfers them to a special purpose entity which finances the purchase of the receivables by issuing as-set-backed securities; the repayment of these securities, placed on the market and all subscribed by institutional inves-tors, as well as the related interest, depends on the cash flow generated by the portfolio of securitized receivables.The Group subscribes a limited quantity of securities without, however, prejudice to the requirements for the derecognition of the receivables. Receivables are sold at their face value, less a discount that reflects credit risk and the transaction\u2019s financial costs. The Group acts as servicer for the special pur-pose entity. The contractual terms of this operation involve the substantial transfer of the risks and rewards relating to the securitized receivables and their consequent derecognition from the financial statements.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__39": {
"value": "Employee benefitsPension and other incentive plansNet obligations relating to employee benefit plans, chiefly the provision for severance indemnities (for the portion retained in Group companies) and pension funds, are recorded at the ex-pected future value of the benefits that will be received and which have accrued at the reporting date. The Group\u2019s obliga-tion to finance defined benefit pension funds and the annual cost reported in the income statement are determined by in-dependent actuaries using the projected unit credit method. Equity based compensationThe Group grants additional benefits to a limited number of executives and key resources under the form of stock options and performance share plans. Based on IFRS 2 Share-based payment, the current value of the stock option determined on the grant date is recognized on a straight-line basis in the income statement as a payroll cost in the period between the grant date and the date on which the rights granted to employ-ees, executives and others who routinely provide services to one or more Group companies parties fully vest, with a corre-sponding increase in equity.At each reporting date the Group will revise estimates based on the number of options that are expected to vest, independ-ent of the fair value of the shares. Any differences with respect to the original estimates will be recognized in the consolidated income statement with a corresponding increase in equity.Once the stock option is exercised, the amounts received by the employee, net of transactions costs, will be credited to the Treasury stock reserve at the average price of the stocks on hand or, if the treasury stocks are not available, added to the share capital in the amount of the nominal value of the shares issued. The remainder will be recognized in the share premium reserve.The fair value of the stock options is determined using the Black-Scholes model which takes into account the conditions for the exercise of the right, the current share price, expected volatility, a risk free interest rate, as well as the non-vesting conditions.The fair value of the stock options is included within the Stock option Reserve.The dilutive effect of unexercised options will be reflected in the calculation of the diluted earnings per share.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__40": {
"value": "Pension and other incentive plansNet obligations relating to employee benefit plans, chiefly the provision for severance indemnities (for the portion retained in Group companies) and pension funds, are recorded at the ex-pected future value of the benefits that will be received and which have accrued at the reporting date. The Group\u2019s obliga-tion to finance defined benefit pension funds and the annual cost reported in the income statement are determined by in-dependent actuaries using the projected unit credit method.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTerminationBenefits",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__41": {
"value": "Equity based compensationThe Group grants additional benefits to a limited number of executives and key resources under the form of stock options and performance share plans. Based on IFRS 2 Share-based payment, the current value of the stock option determined on the grant date is recognized on a straight-line basis in the income statement as a payroll cost in the period between the grant date and the date on which the rights granted to employ-ees, executives and others who routinely provide services to one or more Group companies parties fully vest, with a corre-sponding increase in equity.At each reporting date the Group will revise estimates based on the number of options that are expected to vest, independ-ent of the fair value of the shares. Any differences with respect to the original estimates will be recognized in the consolidated income statement with a corresponding increase in equity.Once the stock option is exercised, the amounts received by the employee, net of transactions costs, will be credited to the Treasury stock reserve at the average price of the stocks on hand or, if the treasury stocks are not available, added to the share capital in the amount of the nominal value of the shares issued. The remainder will be recognized in the share premium reserve.The fair value of the stock options is determined using the Black-Scholes model which takes into account the conditions for the exercise of the right, the current share price, expected volatility, a risk free interest rate, as well as the non-vesting conditions.The fair value of the stock options is included within the Stock option Reserve.The dilutive effect of unexercised options will be reflected in the calculation of the diluted earnings per share.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__42": {
"value": "Provisions for contingencies and other chargesThe Group recognizes provisions for contingencies and charg-es when (i) it has a present obligation (legal or constructive) to third parties (ii) it is probable that the Group will need to employ resources to settle the obligation and (iii) a reliable es-timate can be made of the amount of the obligation. Changes in these estimates are reflected in the income statement in the period in which they occur (also see the comments in the par-agraph on \u201cEstimates and assumptions\u201d).Where the effect of the time value of money is material and the date of extinguishing the liability can be reasonably esti-mated, provisions are stated at the present value of the ex-pected expenditure, using a discount rate that reflects current market assessments of the time value of money and the risks specific to the liability. An increase in the amount of the provi-sion for the time value of money is accounted for in interest expense. Contingencies for which the probability of a liability is not probable but neither remote are disclosed in the notes but no provision is recognized.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__43": {
"value": "Recognition of revenuesThe item \u201cRevenues\u201d includes the consideration received for goods sold to customers and services rendered.Revenues represent the consideration owed in exchange for the transfer of goods and/or services to the customer, exclud-ing amounts received on behalf of third parties. The Group recognizes the revenue when contractual obligations are ful-filled, namely when control of the good or service is trans-ferred to the customer.Based on the five-step model introduced in IFRS 15, the Group recognizes revenue after the following requirements have been met:a) the parties have approved the contract (in writing, orally or in accordance with other common commercial practices) and are committed to fulfilling the respective performance obligations; an agreement between the parties which cre-ates rights and obligations regardless of the form of the agreement has, therefore, been created;b) the rights of each of the parties in relation to the goods and services to be transferred can be identified;c) the payment terms for the goods or services to be trans-ferred can be identified;d) the contract has commercial substance;e) it is probable that the Group will receive the consideration to which it is entitled in exchange for the goods or services transferred to the customer.If the consideration referred to in the contract has a variable component, the Group will estimate the amount of the consid-eration it will be entitled to in exchange for the goods or servic-es transferred to the customer.Based on the contractual terms and conditions, the clients may be entitled to return goods; in this instance, at the time of sale a liability is recognized, as well as an adjustment to reve-nues for the merchandise that could be returned. The Group recognizes the estimated product returns by reducing reve-nues and deducting their cost from the cost of goods sold. In accordance with IFRS 15, the amount corresponding to the cost of returns is recognized in \u201cInventories\u201d.The Group typically provides warranties for the repair of de-fects existing at the time of the sale, in accordance with the law. These warranties, which are standard warranties on qual-ity, are accounted for in accordance with IAS 37 - Provisions, Contingent Liabilities and Contingent Assets.\u201cOther revenues\u201d includes the amounts received by the Group in the form of public contributions. These contributions, rec-ognized when it is reasonably certain that the qualifying condi-tions will be met and the contributions will be received, are in-cluded systematically in the net result relative to the years in which the costs that the contributions are intended to com-pensate are expensed. The public contributions recognized in capital accounts are recognized in the statement of financial position as deferred income.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__44": {
"value": "Costs and expensesCosts and expenses are accounted for on an accrual basis.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__45": {
"value": "DividendsDividend distributions represent a movement in net equity in the period in which they are declared by the shareholders in general meeting.Dividends received are reported when the Group is entitled to receive the payment.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__46": {
"value": "Income taxesIncome taxes include all the taxes calculated on the Group\u2019s taxable income. Income taxes are recorded in the income statement, except for those relating to items directly debited or credited to net equity, in which case the associated tax is recognized directly in other components of comprehensive income.Deferred taxes are provided on the basis of global provision for the liability. They are calculated on all the temporary differenc-es emerging between the tax base of an asset or liability and their book value in the consolidated financial statements, except for goodwill whose amortization cannot be deducted for tax purposes and those differences arising from invest-ments in subsidiaries which are not expected to reverse in the foreseeable future. Deferred tax assets on the carryforward of unused tax losses and tax credits are recognized to the extent that it is probable that future taxable profit will be available against which these can be recovered. Current and deferred tax assets and liabilities may be offset when the income taxes are charged by the same tax authority and when there is a legal right of setoff. Deferred tax assets and liabilities are cal-culated at the tax rates that are expected to apply to the period when the asset is realized or the liability settled, based on tax rates and laws applying in the countries where the Group operates.Deferred taxes on reserves of distributable earnings in subsid-iaries are recognized only if it is probable that such reserves will be distributed.Any uncertaintiy regarding tax treatments is considered in the tax calculation in accordance with the recommendations of IFRIC 23 Uncertainty over Income Tax Treatments.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__47": {
"value": "Deferred taxes are provided on the basis of global provision for the liability. They are calculated on all the temporary differenc-es emerging between the tax base of an asset or liability and their book value in the consolidated financial statements, except for goodwill whose amortization cannot be deducted for tax purposes and those differences arising from invest-ments in subsidiaries which are not expected to reverse in the foreseeable future. Deferred tax assets on the carryforward of unused tax losses and tax credits are recognized to the extent that it is probable that future taxable profit will be available against which these can be recovered. Current and deferred tax assets and liabilities may be offset when the income taxes are charged by the same tax authority and when there is a legal right of setoff. Deferred tax assets and liabilities are cal-culated at the tax rates that are expected to apply to the period when the asset is realized or the liability settled, based on tax rates and laws applying in the countries where the Group operates.Deferred taxes on reserves of distributable earnings in subsid-iaries are recognized only if it is probable that such reserves will be distributed.Any uncertaintiy regarding tax treatments is considered in the tax calculation in accordance with the recommendations of IFRIC 23 Uncertainty over Income Tax Treatments.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__48": {
"value": "Earnings per shareBasic earnings per share are calculated by dividing the earn-ings for the year payable to the parent company\u2019s ordinary shareholders by the weighted average number of ordinary shares outstanding during the period.The diluted earnings per share are calculated by dividing the earnings for the year payable to the parent company\u2019s ordi-nary shareholders by the weighted average number of ordi-nary shares outstanding during the period and the shares po-tentially issued following the exercise of assigned stock options.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__49": {
"value": "Estimates and assumptionsThese financial statements, prepared in accordance with IFRS, contain estimates and assumptions made by the Group relating to assets and liabilities, costs, revenues and contin-gent liabilities at the reporting date. These estimates are based on past experience and assumptions considered to be reasonable and realistic, based on the information available at the time of making the estimate.The assumptions relating to these estimates are periodically reviewed and the related effects reflected in the income state-ment in the same period: actual results could therefore differ from these estimates. The following paragraphs discuss the principal assumptions used for estimation purposes and the principal sources of un-certainty, that have a risk of causing material adjustment to the book value of assets and liabilities in the future; details of book value can be found in the individual explanatory notes.Allowance for doubtful accountsThe allowance for doubtful accounts reflects estimated losses on trade receivables recognized in the financial statements and not covered by insurance. The losses equal the difference between the amounts the Group is entitled to receive based on contracts with customers and the estimated inflows.Changes in the economic environment could cause the perfor-mance of some of the Group\u2019s customers to deteriorate, with an impact on the recoverability of the uninsured portion of trade receivables.Recoverable amount of non-current assetsThe Group reviews all its non-financial assets at every reporting date for any evidence of impairment. Goodwill and other intangi-ble assets with an indefinite useful life are tested annually for im-pairment. The recoverable amount of non-current assets is usu-ally determined with reference to value in use, being the present value of the future cash flows expected from an asset\u2019s continu-ing use. The forecast cash flows are determined based on the in-formation available when estimated based on the opinion of the directors regarding the future performance of certain variables - such as prices and the subsequent revenues, costs, increase in demand, production flows - which are discounted at a risk-adjust-ed rate. The test also involves selecting a suitable discount rate for calculating the present value of the expected cash flows.Employee benefitsThe cost of defined benefit pension plans is determined using actuarial valuations, based on statistical assumptions regard-ing discount rates, expected returns on investments, future salary growth and mortality rates.The Group believes the rates estimated by its actuaries to be reasonable for the year-end valuations, but cannot rule out that large future changes in rates could have a material impact on the liabilities recognized in the financial statements.Deferred tax assets recoverabilityDeferred tax assets include those relating to carryforward tax losses to the extent that there is likely to be sufficient future taxable profit against which such losses can be recovered.Management must use their discretion when determining the amount of deferred tax assets for recognition in the financial statements. They must estimate the likely timing of reversal and the amount of future taxable profit, as well as the future tax planning strategy.Provisions for contingenciesThe Group makes several provisions against disputes or risks of various kinds relating to different matters falling under the jurisdiction of different countries. The determination, probabil-ity and quantification of these liabilities involve estimation pro-cesses that are often very complex, for which management uses all the available information at the date of preparing the financial statements, including with the support of legal and tax advisors.Product warranty provisionsThe Group makes provisions for the estimated cost of product warranties. Management establishes the amount of these pro-visions on the basis of past trends relating to the frequency and average cost of under-warranty repairs and replacement.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__50-1": {
"value": "Change in the scope of consolidationDuring the year 2025, no material changes occurred in the scope of consolidation.List of consolidated companiesInterest held at 31/12/2025(1)Company name Registered office Currency Share capital Directly IndirectlyDE\u2019LONGHI APPLIANCES S.R.L. Treviso EUR 200,000,000 100.0%DE\u2019LONGHI AMERICA INC. Upper Saddle River USD 600,000 100.0%DE\u2019LONGHI FRANCE SAS Clichy EUR 2,737,500 100.0%DE\u2019LONGHI CANADA INC. Brampton CAD 1 100.0%DE\u2019LONGHI DEUTSCHLAND GMBH Neu-Isenburg EUR 2,100,000 100.0%DE\u2019LONGHI BRAUN HOUSEHOLD GMBH Neu-Isenburg EUR 100,000 100.0%DE\u2019LONGHI ELECTRODOMESTICOS ESPANA S.L. Barcellona EUR 3,066 100.0%DE\u2019LONGHI CAPITAL SERVICES S.R.L. (2) Treviso EUR 53,000,000 11.3% 88.7%E- SERVICES S.R.L. Treviso EUR 50,000 100.0%DE\u2019LONGHI KENWOOD A.P.A. LTD Hong Kong HKD 73,010,000 100.0%TRICOM INDUSTRIAL COMPANY LIMITED Hong Kong HKD 171,500,000 100.0%PROMISED SUCCESS LIMITED Hong Kong HKD 28,000,000 100.0%ON SHIU (ZHONGSHAN) ELECTRICAL APPLIANCE CO.LTD. Zhongshan City CNY USD 21.200.000 100.0%DE\u2019LONGHI-KENWOOD APPLIANCES (DONG GUAN) CO.LTD. Qing Xi Town CNY HKD 285.000.000 100.0%DE LONGHI BENELUX S.A. Luxembourg EUR 101,342,720 100.0%DE\u2019LONGHI JAPAN CORPORATION Tokyo JPY 450,000,000 100.0%DE\u2019LONGHI AUSTRALIA PTY LTD. Prestons AUD 28,800,001 100.0%DE\u2019LONGHI NEW ZEALAND LTD. (3) Auckland NZD 16,007,143 100.0%DE\u2019LONGHI LLC Mosca RUB 3,944,820,000 100.0%KENWOOD APPLIANCES LTD. Havant GBP 30,586,001 100.0%KENWOOD LIMITED Havant GBP 26,550,000 100.0%KENWOOD INTERNATIONAL LTD. Havant GBP 20,000,000 100.0%KENWOOD APPL. (SINGAPORE) PTE LTD. Singapore SGD 500,000 100.0%KENWOOD APPL. (MALAYSIA) SDN.BHD. Subang Jaya MYR 1,000,000 100.0%DE\u2019LONGHI-KENWOOD GMBH Wr Neudorf EUR 36,336 100.0%DELONGHI SOUTH AFRICA PTY.LTD. Constantia Kloof ZAR 100,332,500 100.0%DE\u2019LONGHI KENWOOD HELLAS SINGLE MEMBER S.A. Atene EUR 452,520 100.0%DE\u2019LONGHI PORTUGAL UNIPESSOAL LDA Matosinhos EUR 5,000 100.0%ARIETE DEUTSCHLAND GMBH Dusseldorf EUR 25,000 100.0%CLIM.RE. S.A. Luxembourg EUR 1,239,468 4.0% 96.0%Interest held at 31/12/2025(1)Company name Registered office Currency Share capital Directly IndirectlyELLE S.R.L. Treviso EUR 10,000 100.0%TASFIYE HALINDE DE\u2019LONGHI BOSPHORUS EV ALETLERI TICARET Istanbul TRY 3,500,000 100.0%ANONIM SIRKETIDE\u2019LONGHI PRAGA S.R.O. Praga CZK 200,000 100.0%DE\u2019LONGHI SWITZERLAND AG Baar CHF 1,000,000 100.0%DL HRVATSKA D.O.O. Zagabria EUR 2,650 100.0%DE\u2019LONGHI BRASIL - COM\u00c9RCIO E IMPORTA\u00c7\u00c3O Ltda S\u00e3o Paulo BRL 44,457,581 100.0%DE\u2019LONGHI POLSKA SP. Z.O.O. Varsavia PLN 50,000 0.1% 99.9%DE\u2019LONGHI APPLIANCES TECHNOLOGY SERVICES (Shenzen) Co. Ltd Shenzen CNY USD 175.000 100.0%DE\u2019LONGHI UKRAINE LLC Kiev UAH 549,843 100.0%DE\u2019LONGHI KENWOOD MEIA F.ZE Dubai USD AED 2.000.000 100.0%DE\u2019LONGHI ROMANIA S.R.L. Cluj-Napoca RON 140,000,000 10.0% 90.0%DE\u2019LONGHI KOREA LTD Seoul KRW 900,000,000 100.0%DL CHILE S.A. Santiago del Cile CLP 3,079,065,844 100.0%DE\u2019LONGHI SCANDINAVIA AB Stockholm SEK 5,000,000 100.0%DELONGHI MEXICO SA DE CV Bosques de las Lomas MXN 53,076,000 100.0%DE\u2019LONGHI APPLIANCES (SHANGHAI) CO. LTD Shanghai CNY USD 14.245.000 100.0%DE\u2019 LONGHI MAGYARORSZ\u00c1G KFT. Budapest HUF 34,615,000 100.0%DE\u2019 LONGHI US HOLDING LLC Wilmington USD 50,100,000 100.0%DE LONGHI LLP Almaty KZT 500,000 100.0%DE LONGHI BENELUX II S.\u00e0r.l. Luxembourg CHF 76,272,000 100.0%LA MARZOCCO, EVERSYS & CO S.\u00e0r.l. Luxembourg EUR 112,979,231 69.9%DE\u2019 LONGHI PROFESSIONAL S.R.L. (4) Milano EUR 100,000 69.9%I DUE LEONI S.R.L. Milano EUR 10,000 69.9%THE TWO LIONS INDUSTRIES CORP. Dover USD 10,000 69.9%LA MARZOCCO, EVERSYS & CO. INTERNATIONAL HoldCo LLC Wilmington USD 1,053,462,938 61.5%LA MARZOCCO, EVERSYS & CO. US HoldCo LLC Wilmington USD 332,672,505 61.5%EVERSYS S.A. Sierre CHF 2,500,000 61.5%EVERSYS INC Toronto USD 77 61.5%EVERSYS INC DELAWARE Wilmington USD 200,000 61.5%EVERSYS UK LIMITED Crawley GBP 70,000 61.5%EVERSYS IRELAND LIMITED Dublin EUR 100 61.5%EVERSYS DIGITRONICS AG M\u00fcnsingen CHF 100,000 61.5%ELLITEC GMBH Stans CHF 20,000 61.5%LA MARZOCCO SRL Firenze EUR 52,000 59.1%Interest held at 31/12/2025(1)Company name Registered office Currency Share capital Directly IndirectlyLA MARZOCCO INTERNATIONAL LLC Seattle USD 68,273,529 61.5%LA MARZOCCO EXPERIENCE, LLC Seattle USD - 61.5%LMI BUILDING, LLC Seattle USD - 61.5%LA MARZOCCO USA LLC Seattle USD - 61.5%LA MARZOCCO AUSTRALASIA LIMITED Auckland NZD - 61.5%LA MARZOCCO AUSTRALASIA GP LTD Abbotsford AUD 1,000 61.5%LA MARZOCCO AUSTRALASIA LP Abbotsford AUD 993,015 61.5%LA MARZOCCO UK LIMITED Londra GBP 100 61.5%LA MARZOCCO SPAIN SL Barcelona EUR 10,000 61.5%LA MARZOCCO DEUTSCHALAND GMBH Markgr\u00f6ningen EUR 25,000 61.5%LA MARZOCCO SHANGHAI CO. LTD Shanghai CNY 6,566,792 31.4%ELECTRO SYSTEM SRL Firenze EUR 60,000 30.1%BREWTECH PTY LTD Kensington AUD 100 36.9%LA MARZOCCO MIDDLE EAST FZCO Dubai AED 50,000 59.1%LA MARZOCCO SEA PTE LTD Singapore EUR - 61.5%LA MARZOCCO FRANCE SAS Parigi EUR 10,000 59.1%LA MARZOCCO EQUIPMENT TRADING L.L.C. Dubai AED 200,000 59.1%LA MARZOCCO (THAILAND) CO. LTD. Bangkok THB 9,000,300 61.5%CAPITAL BRANDS HOLDINGS, INC. Wilmington USD 44 100.0%CAPITAL BAY, LIMITED (3) Hong Kong USD - 100.0%CAPBRAN HOLDINGS, LLC Los Angeles USD - 100.0%CAPITAL BRANDS, LLC Los Angeles USD - 100.0%CAPITAL BRANDS DISTRIBUTION, LLC Los Angeles USD - 100.0%BULLET BRANDS, LLC Los Angeles USD - 100.0%HOMELAND HOUSEWARES, LLC Los Angeles USD - 100.0%BABY BULLET, LLC Los Angeles USD - 100.0%NUTRIBULLET, LLC Los Angeles USD - 100.0%NUTRILIVING, LLC Los Angeles USD - 100.0%INVESTMENTS VALUED IN ACCORDANCE WITH THE EQUITY METHODInterest held at 31/12/2025 (1)Company name Registered office Currency Share capitalDirectly IndirectlyDL-TCL HOLDINGS (HK) LTD. Hong Kong HKD USD 5,000,000 50%TCL-DE\u2019LONGHI HOME APPLIANCES (ZHONGSHAN) CO.LTD. Zhongshan City CNY USD 5,000,000 50%TCL-DE\u2019LONGHI ELECTRICAL APPLIANCES HK CO. LTD. Hong Kong HKD USD 300,000 50%NPE S.R.L. Treviso EUR 1,000,000 20%H&T-NPE EAST EUROPE S.R.L. Madaras RON 14,707,600 20%SONGWA ESTATE GMBH Emmerich EUR 45,000 20%(1) Figures at 31 December 2024, unless otherwise specified.(2) The articles of association, approved by the extraordinary shareholders\u2019 meeting held on 29 December 2004, give special rights to De\u2019Longhi S.p.A. (holding 89% of the voting rights) for ordinary resolutions (approval of financial state-ments, declaration of dividends, nomination of directors and statutory auditors, purchase and sale of companies, grant of loans to third parties); voting rights are proportional as far as other resolutions are concerned, except for the preferential right to receive dividends held by the shareholder Kenwood Appliances Ltd.(3) Dormant.(4) Company name changed on 16 February 2026. APPENDIX 2",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCompositionOfGroupExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__51-1": {
"value": "Disclosure by operating segmentsPlease refer to Note 45. Operating segments.The report on operations contains comments on the main in-dicators relating to operating segments.45. Operating segmentsAs a result of the Eversys/La Marzocco business combination, the Group\u2019s organizational struc-ture and governance were changed due to the identification of two new operating segments which qualify as such under IFRS 8. These are the Household and Professional divisions, each of which generate revenues and costs (including the revenues and costs relating to transactions with other Group entities) and their operating results are examined periodically by top manage-ment. The Group\u2019s activities have been divided between the two divisions based on relevancy.Information relating to operating segments is presented below:Income Statement dataIntersegment 2025 HOUSEHOLD PROFESSIONALeliminations Total(**) (*)Total revenues3,318,616 488,186 (5,344) 3,801,458 (***)EBITDA adjusted491,776 133,359 (58) 625,077EBIT 458,145Profit (loss) before taxes 450,006Taxes (108,586)Profit (loss) for the year 341,420Profit (loss) pertaining to 25,095minorityProfit (loss) pertaining to 316,325GroupIntersegment 2024 HOUSEHOLD PROFESSIONALeliminations Total(**) (*)Total revenues3,166,128 334,730 (3,303) 3,497,555 (***)EBITDA adjusted487,603 72,155 (1) 559,757EBIT 430,801Profit (loss) before taxes 429,373Taxes (104,424)Profit (loss) for the year 324,950Profit (loss) pertaining to 14,213minorityProfit (loss) pertaining to 310,737GroupData from statement of financial positionIntersegment 31 December 2025 HOUSEHOLD PROFESSIONALeliminations Total(**)Total assets 3,283,775 1,031,371 (154,638) 4,160,508Total liabilities (1,831,782) (259,112) 154,638 (1,936,256)Intersegment 31 December 2024 HOUSEHOLD PROFESSIONALeliminations Total(**)Total assets 3,382,823 980,299 (26,996) 4,336,126Total liabilities (1,899,528) (199,201) 26,996 (2,071,733)(*) The revenues for each segment include revenues generated by both third parties and other Group operating segments.(**) Eliminations refer to intersegment transactions generated and eliminated on a consolidated basis.(***) Adjusted EBITDA is calculated by excluding non-recurring items and costs related to stock-based incentive plans, consistent with the figures presented in the Report on Operations, to which reference should be made for further information.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__52": {
"value": "1. RevenuesIn 2025, revenues, including revenues from sales and services and other revenues, amount to \u20ac3,801,458 thousand (\u20ac3,497,555 thousand in 2024).Revenues are broken down by geographical area as follows:% % 20252024Change Change %revenuesrevenuesEurope 2,349,226 61.8% 2,153,751 61.6% 195,475 9.1%America 686,984 18.1% 653,982 18.7% 33,002 5.0%Asia Pacific 539,447 14.2% 486,690 13.9% 52,757 10.8%MEIA (Middle East/225,801 5.9% 203,132 5.8% 22,669 11.2%India/Africa)Total 3,801,458 100.0% 3,497,555 100.0% 303,903 8.7%Comments on the most significant changes can be found in the \u201cMarkets\u201d section of the report on operations.\u201cOther revenues\u201d is broken down as follows:2025 2024 ChangeFreight reimbursement 8,376 6,952 1,424Government grants and contributions 4,558 5,774 (1,216)Commercial rights 2,211 2,506 (295)Damages reimbursed 4,389 1,920 2,469Other income 37,282 34,768 2,514Total 56,816 51,920 4,896With regard to Law n. 124 of 4 August 2017, which regulates transparency in public grants, the item \u201cGovernment grants and contributions\u201d includes \u20ac392 thousand relating to income recog-nized on an accrual basis for incentives for energy production from grid-connected photovoltaic systems located at Italian plants. The granting entity is Gestore dei Servizi Energetici GSE S.p.A. This item also includes public grants received for the expansion of the production plant in Romania.The item \u201cOther income\u201d includes income deriving from installation, maintenance, and assis-tance contracts for Group products, specifically with reference to the Professional division, amounting to \u20ac14.326 thousand (\u20ac12.789 thousand in 2024).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__53": {
"value": "\u201cOther revenues\u201d is broken down as follows:2025 2024 ChangeFreight reimbursement 8,376 6,952 1,424Government grants and contributions 4,558 5,774 (1,216)Commercial rights 2,211 2,506 (295)Damages reimbursed 4,389 1,920 2,469Other income 37,282 34,768 2,514Total 56,816 51,920 4,896With regard to Law n. 124 of 4 August 2017, which regulates transparency in public grants, the item \u201cGovernment grants and contributions\u201d includes \u20ac392 thousand relating to income recog-nized on an accrual basis for incentives for energy production from grid-connected photovoltaic systems located at Italian plants. The granting entity is Gestore dei Servizi Energetici GSE S.p.A. This item also includes public grants received for the expansion of the production plant in Romania.The item \u201cOther income\u201d includes income deriving from installation, maintenance, and assis-tance contracts for Group products, specifically with reference to the Professional division, amounting to \u20ac14.326 thousand (\u20ac12.789 thousand in 2024).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__55": {
"value": "2. Raw and ancillary materials, consumables and goodsThe breakdown is as follows:2025 2024 ChangeParts 702,507 689,239 13,268Finished products 594,918 598,426 (3,508)Raw materials 224,702 202,392 22,310Other purchases 24,064 25,107 (1,043)Total 1,546,191 1,515,164 31,0273. Change in inventoriesThe difference between the overall change in inventories reported in the income statement and the change in balances reported in the statement of financial position is mainly due to variation in the consolidation perimeter and differences arising on the translation of foreign subsidiaries financial statements.4. Payroll costsThese costs include \u20ac176,550 thousand in production-related payroll (\u20ac62,170 thousand in 2024). 2025 2024 ChangeEmployee wages and salaries 492,462 444,977 47,4 85Temporary workers 47,076 39,730 7,346Total 539,538 484,707 54,831In 2025, the item includes non-recurring expense of \u20ac5,570 thousand (\u20ac1,630 thousand in 2024), referring to corporate reorganization.The figures relating to the cost of employee benefits provided by certain Italian and foreign Group companies are reported in note 34. Employee benefits.The item includes \u20ac30,271 thousand relating to the notional cost (fair value) of the stock option plan 2020-2027 (\u20ac9,950 thousand in 2024); please refer to notes 27. Share-based incentive plans and 34. Employee benefits for more information.The Group average headcount, broken down by category, is summarized as follows:2025 2024Blue collars 6,571 6,798White collars 3,598 3,557Managers 384 376Total 10,553 10,7315. Services and other operating expensesThese are detailed as follows:2025 2024 ChangePromotional expenses 309,086 280,727 28,359Advertising 168,948 155,114 13,834Transport (for purchases and sales) 165,926 158,074 7,852Subcontracted work 46,465 45,633 832Consulting services 41,449 48,471 (7,022)Technical support 33,046 29,461 3,585Storage and warehousing 31,057 29,583 1,474Rentals and leasing 26,828 20,798 6,030Commissions 23,014 19,186 3,828Travel 17,452 16,526 926Power 14,178 14,721 (543)Insurance 11,357 12,163 (806)Maintenance 10,063 7,956 2,107Directors' emoluments 8,323 5,839 2,484Other utilities and cleaning fees, security, 7,009 6,394 615waste collectionProduct certification and product inspection 6,897 7,117 (220)feesPostage, telegraph and telephones 5,682 5,575 107Statutory auditors' emoluments 376 456 (80)Other sundry services 77,628 67,023 10,605Total services 1,004,784 930,817 73,967Sundry taxes 86,190 53,432 32,758Bad debts 431 99 332Out-of-period losses 161 38 123Other 12,506 11,866 640Total other operating expenses 99,288 65,435 33,853Total 1,104,072 996,252 107,820In 2025, the item includes non-recurring expenses for \u20ac53 thousand (\u20ac1,721 thousand in 2024) relating to professional services used by the Group in connection with ongoing corporate reorganizations.It also includes M/Euro 3,980 related to the costs accrued for the period in respect of the stock incentive plans in place (M/Euro 993 as at 31 December 2024); for further details, please refer to Note 27. Stock option plans and Note 34. Employee Benefits.In 2025 the item \u201cRentals and leasing\u201d includes \u20ac2,988 thousand in commercial rights (\u20ac1,803 thousand in 2024).In addition, it includes operating costs relating to contracts that are not or do not contain a lease (\u20ac20,287 thousand, \u20ac16,211 thousand in 2024), as well as costs relating to leases of less than twelve months\u2019 duration (\u20ac1,822 thousand, \u20ac1,610 thousand in 2024) or relating to low-value assets (\u20ac1,731 thousand, \u20ac1,174 thousand in 2024); for further information, please refer to note 15. Leases.6. Provisions These include \u20ac28,524 thousand in provisions for contingencies and other charges and a net provision for the allowance for doubtful accounts totaling \u20ac592 thousand. In 2025 the item in-cludes net non-recurring income for \u20ac3,986 thousand primarily relating to the accounting effects of allocations made in connection with business combinations that occurred in previous years (\u20ac2,961 thousand in income in 2024). The main changes in this item are discussed in note 35. Other provisions for non-current contingencies and charges.7. Amortization The breakdown is as follows:2025 2024 ChangeAmortization of intangible assets 34,865 27,821 7,044Depreciation of property, plant and equipment 68,837 63,259 5,578Depreciation of Right of Use assets 27,34 3 26,542 801Total 131,045 117,622 13,423More details about amortization and depreciation can be found in the tables reporting move-ments in intangible assets and property, plant and equipment.8. Non-recurring income/(expenses)In these financial statements, certain non-recurring items have been highlighted separately, re-sulting in total net expenses of \u20ac1,637 thousand (net expenses of \u20ac390 thousand in 2024). This item primarily refers to costs related to ongoing corporate reorganizations, net of the accounting effects deriving from allocations made in connection with business combinations that occurred in previous years.The non-recurring amounts are shown in the income statement, in the corresponding item of the statement.9. Net financial income (expenses)Net financial income and expenses are broken down by nature as follows:2025 2024 ChangeNet interests 3,815 9,295 (5,480)Other financial income (expenses) (10,153) (6,670) (3,483)Interest for leasing (2,871) (2,935) 64Other net financial income (expenses) (9,209) (310) (8,899)Exchange differences and gains (losses) on (*)(593) (1,870) 1,277currency hedgesShare of profit of equity investments 1,663 753 910consolidated by the equity methodNet financial income (expenses) (8,139) (1,427) (6,712)(*) The item includes \u20ac4 thousand relating to exchange rate losses on leases accounted for in accordance with IFRS 16 Leases.The item \u201cNet interests\u201d includes interest income on Group investments for an amount of \u20ac23,601 thousand (\u20ac34,751 thousand in 2024), net of interest expenses relating to the Group\u2019s financial debt (recalculated using the amortized cost method), and financial charges relating to other fi-nancing instruments for an amount of \u20ac19,786 thousand (\u20ac25,456 thousand in 2024).The item \u201cOther financial income (expenses)\u201d include bank charges and financial expenses aris-ing from the discounting of employee benefits and other financial obligations for a total amount of \u20ac12,166 thousand (\u20ac9,264 thousand in 2024); these are shown net of financial income for an amount of \u20ac2,013 thousand (\u20ac2,594 thousand in 2024), relating primarily to the temporary change in value deriving from the fair value measurement of certain investments.The item \u201cInterest for leasing\u201d represents the portion of financial expenses accrued during the reporting period against a liability recognized in accordance with IFRS 16 - Leases. For further information, please refer to note 15. Leases.The item \u201cExchange differences and gains (losses) on currency hedges\u201d includes the rate differ-entials on currency risk hedges, as well as the exchange differences linked to consolidation.The item \u201cShare of profit of equity investments consolidated by the equity method\u201d includes income from the joint venture DL/TCL Holdings (HK) Ltd.10. Income taxesThese are analyzed as follows:2025 2024 ChangeCurrent income taxes:- Income taxes 116,211 98,657 17,554- IRAP (Italian regional business tax) 8,849 7,161 1,688Deferred (advanced) taxes (16,474) (1,394) (15,080)Total 108,586 104,424 4,162The item \u201cDeferred (advanced) taxes\u201d includes taxes calculated on the temporary differences arising between the accounting values of assets and liabilities and their corresponding tax base (particularly for taxed provisions recognized by by Group companies) and on the distributable income of the subsidiaries.It also include the benefit arising from the carryforward of unused tax losses, which are likely to be used in the future.Current income taxes include the effects deriving from the application of the Pillar II regulation.Based on known or reasonably estimable information, the De\u2019 Longhi Group\u2019s exposure to Pillar II income taxes at 31 December 2025 refers mainly to the United Arab Emirates, in the amount of \u20ac2.4 million. The remaining amount of \u20ac0.1 million is fragmented into non-significant amounts relating to various other jurisdictions.The total provision of \u20ac2.5 million was recognized as an increase in \u2018Income taxes\u2019 in the income statement and in \u2018Tax payables\u2019 under liabilities. The Group will continue to evaluate the impact that Pillar II income tax regulations by monitoring future financial results.The tax reconciliation table is provided below:2025 % 2024 %Profit before taxes 450,006 100.0% 429,374 100.0%Theoretical taxes 108,001 24.0% 103,050 24.0%Other (*) (8,264) (1.8%) (5,787) (1.3%)Total income taxes 99,737 22.2% 97,263 22.7%IRAP (Italian regional 8,849 2.0% 7,161 1.7%business tax)Actual taxes 108,586 24.1% 104,424 24.3%(*) Mostly refers to the net tax effect of permanent differences, of different tax rates applied abroad relative to the theoretical ones applied in Italy, of adjustments on prior years taxes. Non-current assets",
"dimensions": {
"concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__54": {
"value": "2. Raw and ancillary materials, consumables and goodsThe breakdown is as follows:2025 2024 ChangeParts 702,507 689,239 13,268Finished products 594,918 598,426 (3,508)Raw materials 224,702 202,392 22,310Other purchases 24,064 25,107 (1,043)Total 1,546,191 1,515,164 31,0273. Change in inventoriesThe difference between the overall change in inventories reported in the income statement and the change in balances reported in the statement of financial position is mainly due to variation in the consolidation perimeter and differences arising on the translation of foreign subsidiaries financial statements.4. Payroll costsThese costs include \u20ac176,550 thousand in production-related payroll (\u20ac62,170 thousand in 2024). 2025 2024 ChangeEmployee wages and salaries 492,462 444,977 47,4 85Temporary workers 47,076 39,730 7,346Total 539,538 484,707 54,831In 2025, the item includes non-recurring expense of \u20ac5,570 thousand (\u20ac1,630 thousand in 2024), referring to corporate reorganization.The figures relating to the cost of employee benefits provided by certain Italian and foreign Group companies are reported in note 34. Employee benefits.The item includes \u20ac30,271 thousand relating to the notional cost (fair value) of the stock option plan 2020-2027 (\u20ac9,950 thousand in 2024); please refer to notes 27. Share-based incentive plans and 34. Employee benefits for more information.The Group average headcount, broken down by category, is summarized as follows:2025 2024Blue collars 6,571 6,798White collars 3,598 3,557Managers 384 376Total 10,553 10,7315. Services and other operating expensesThese are detailed as follows:2025 2024 ChangePromotional expenses 309,086 280,727 28,359Advertising 168,948 155,114 13,834Transport (for purchases and sales) 165,926 158,074 7,852Subcontracted work 46,465 45,633 832Consulting services 41,449 48,471 (7,022)Technical support 33,046 29,461 3,585Storage and warehousing 31,057 29,583 1,474Rentals and leasing 26,828 20,798 6,030Commissions 23,014 19,186 3,828Travel 17,452 16,526 926Power 14,178 14,721 (543)Insurance 11,357 12,163 (806)Maintenance 10,063 7,956 2,107Directors' emoluments 8,323 5,839 2,484Other utilities and cleaning fees, security, 7,009 6,394 615waste collectionProduct certification and product inspection 6,897 7,117 (220)feesPostage, telegraph and telephones 5,682 5,575 107Statutory auditors' emoluments 376 456 (80)Other sundry services 77,628 67,023 10,605Total services 1,004,784 930,817 73,967Sundry taxes 86,190 53,432 32,758Bad debts 431 99 332Out-of-period losses 161 38 123Other 12,506 11,866 640Total other operating expenses 99,288 65,435 33,853Total 1,104,072 996,252 107,820In 2025, the item includes non-recurring expenses for \u20ac53 thousand (\u20ac1,721 thousand in 2024) relating to professional services used by the Group in connection with ongoing corporate reorganizations.It also includes M/Euro 3,980 related to the costs accrued for the period in respect of the stock incentive plans in place (M/Euro 993 as at 31 December 2024); for further details, please refer to Note 27. Stock option plans and Note 34. Employee Benefits.In 2025 the item \u201cRentals and leasing\u201d includes \u20ac2,988 thousand in commercial rights (\u20ac1,803 thousand in 2024).In addition, it includes operating costs relating to contracts that are not or do not contain a lease (\u20ac20,287 thousand, \u20ac16,211 thousand in 2024), as well as costs relating to leases of less than twelve months\u2019 duration (\u20ac1,822 thousand, \u20ac1,610 thousand in 2024) or relating to low-value assets (\u20ac1,731 thousand, \u20ac1,174 thousand in 2024); for further information, please refer to note 15. Leases.6. Provisions These include \u20ac28,524 thousand in provisions for contingencies and other charges and a net provision for the allowance for doubtful accounts totaling \u20ac592 thousand. In 2025 the item in-cludes net non-recurring income for \u20ac3,986 thousand primarily relating to the accounting effects of allocations made in connection with business combinations that occurred in previous years (\u20ac2,961 thousand in income in 2024). The main changes in this item are discussed in note 35. Other provisions for non-current contingencies and charges.7. Amortization The breakdown is as follows:2025 2024 ChangeAmortization of intangible assets 34,865 27,821 7,044Depreciation of property, plant and equipment 68,837 63,259 5,578Depreciation of Right of Use assets 27,34 3 26,542 801Total 131,045 117,622 13,423More details about amortization and depreciation can be found in the tables reporting move-ments in intangible assets and property, plant and equipment.8. Non-recurring income/(expenses)In these financial statements, certain non-recurring items have been highlighted separately, re-sulting in total net expenses of \u20ac1,637 thousand (net expenses of \u20ac390 thousand in 2024). This item primarily refers to costs related to ongoing corporate reorganizations, net of the accounting effects deriving from allocations made in connection with business combinations that occurred in previous years.The non-recurring amounts are shown in the income statement, in the corresponding item of the statement.9. Net financial income (expenses)Net financial income and expenses are broken down by nature as follows:2025 2024 ChangeNet interests 3,815 9,295 (5,480)Other financial income (expenses) (10,153) (6,670) (3,483)Interest for leasing (2,871) (2,935) 64Other net financial income (expenses) (9,209) (310) (8,899)Exchange differences and gains (losses) on (*)(593) (1,870) 1,277currency hedgesShare of profit of equity investments 1,663 753 910consolidated by the equity methodNet financial income (expenses) (8,139) (1,427) (6,712)(*) The item includes \u20ac4 thousand relating to exchange rate losses on leases accounted for in accordance with IFRS 16 Leases.The item \u201cNet interests\u201d includes interest income on Group investments for an amount of \u20ac23,601 thousand (\u20ac34,751 thousand in 2024), net of interest expenses relating to the Group\u2019s financial debt (recalculated using the amortized cost method), and financial charges relating to other fi-nancing instruments for an amount of \u20ac19,786 thousand (\u20ac25,456 thousand in 2024).The item \u201cOther financial income (expenses)\u201d include bank charges and financial expenses aris-ing from the discounting of employee benefits and other financial obligations for a total amount of \u20ac12,166 thousand (\u20ac9,264 thousand in 2024); these are shown net of financial income for an amount of \u20ac2,013 thousand (\u20ac2,594 thousand in 2024), relating primarily to the temporary change in value deriving from the fair value measurement of certain investments.The item \u201cInterest for leasing\u201d represents the portion of financial expenses accrued during the reporting period against a liability recognized in accordance with IFRS 16 - Leases. For further information, please refer to note 15. Leases.The item \u201cExchange differences and gains (losses) on currency hedges\u201d includes the rate differ-entials on currency risk hedges, as well as the exchange differences linked to consolidation.The item \u201cShare of profit of equity investments consolidated by the equity method\u201d includes income from the joint venture DL/TCL Holdings (HK) Ltd.10. Income taxesThese are analyzed as follows:2025 2024 ChangeCurrent income taxes:- Income taxes 116,211 98,657 17,554- IRAP (Italian regional business tax) 8,849 7,161 1,688Deferred (advanced) taxes (16,474) (1,394) (15,080)Total 108,586 104,424 4,162The item \u201cDeferred (advanced) taxes\u201d includes taxes calculated on the temporary differences arising between the accounting values of assets and liabilities and their corresponding tax base (particularly for taxed provisions recognized by by Group companies) and on the distributable income of the subsidiaries.It also include the benefit arising from the carryforward of unused tax losses, which are likely to be used in the future.Current income taxes include the effects deriving from the application of the Pillar II regulation.Based on known or reasonably estimable information, the De\u2019 Longhi Group\u2019s exposure to Pillar II income taxes at 31 December 2025 refers mainly to the United Arab Emirates, in the amount of \u20ac2.4 million. The remaining amount of \u20ac0.1 million is fragmented into non-significant amounts relating to various other jurisdictions.The total provision of \u20ac2.5 million was recognized as an increase in \u2018Income taxes\u2019 in the income statement and in \u2018Tax payables\u2019 under liabilities. The Group will continue to evaluate the impact that Pillar II income tax regulations by monitoring future financial results.The tax reconciliation table is provided below:2025 % 2024 %Profit before taxes 450,006 100.0% 429,374 100.0%Theoretical taxes 108,001 24.0% 103,050 24.0%Other (*) (8,264) (1.8%) (5,787) (1.3%)Total income taxes 99,737 22.2% 97,263 22.7%IRAP (Italian regional 8,849 2.0% 7,161 1.7%business tax)Actual taxes 108,586 24.1% 104,424 24.3%(*) Mostly refers to the net tax effect of permanent differences, of different tax rates applied abroad relative to the theoretical ones applied in Italy, of adjustments on prior years taxes. Non-current assets",
"dimensions": {
"concept": "ifrs-full:DisclosureOfExpensesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__56-1": {
"value": "The figures relating to the cost of employee benefits provided by certain Italian and foreign Group companies are reported in note 34. Employee benefits.34. Employee benefitsThese are made up as follows: 31.12.2025 31.12.2024Provision for severance indemnities 12,216 12,170 Defined benefit plans 20,537 22,671 Other long term benefits 26,889 28,356 Total 59,642 63,197 The provision for severance indemnities includes amounts payable to employees of the Group\u2019s Italian companies and not transferred to supplementary pension schemes or the pension fund set up by INPS (Italy\u2019s national social security agency). This provision has been classified as a defined benefit plan, governed as such by IAS 19 - Employee benefits. Some of the Group\u2019s foreign companies provide defined benefit plans for their employees. Some of these plans have assets servicing them, but severance indemnities, as an unfunded ob-ligation, do not.These plans are valued on an actuarial basis to express the present value of the benefit payable at the end of service that employees have accrued at the reporting date.The amounts of the obligations and assets to which they refer are set out below:Provision for severance indemnities:Movements in the year are summarized below:Net cost charged to income 2025 2024Current service cost 1,640 927 Interest cost on defined benefit obligation 396 385 Total 2,036 1,312 Change in present value of obligations 31.12.2025 31.12.2024Present value at 1 January 12,170 7,988Current service cost 1,640 927Utilization of provision (1,740) (1,296)Interest cost on obligation 396 385Changes in consolidation area - 4,188Translation differences 195 2Actuarial gains & losses recognized in the comprehensive (445) (24)income statementPresent value at reporting date 12,216 12,170Defined benefit plans:Movements in the year are as follows:Net cost charged to income 2025 2024Current service cost 3,830 2,618 Return on plan assets 15 (253)Interest cost on obligation 611 842Total 4,456 3,207 Change in present value of obligations 31.12.2025 31.12.2024Present value at 1 January 22,671 21,659Net cost charged to income 4,456 3,207Benefits paid and other movements (2,109) (3,366)Changes in consolidation area - 496Translation differences (306) (10)Actuarial gains & losses recognized in the comprehensive (4,175) 685income statementPresent value at reporting date 20,537 22,671The outstanding liability at 31 December 2024 of \u20ac20,537 thousand (\u20ac22,671 thousand at 31 December 2024) refers to a few subsidiaries (mainly in Germany, Swiss and Japan).The assumptions used for determining the obligations under the plans described are as follows:Severance Severance Other plans Other plans Assumptions usedindemnity indemnity 2025202420252024Discount rate 3.2%-3.96% 3.2%-3.35% 1.75%-3.78% 1.5%-3.5%Future salary increases 2.0%-3.0% 2.5%-3.0% 0.0%-3.0% 0.0%-3%Inflation rate 2.00% 2.00% 0.9%-2% 1.25%-2%\u201cOther long-term benefits\u201d includes the incentive plans (Phantom Stock Plan) for personnel of the Professional division and the amount accrued in the reporting period for further incentive plans. These plans were approved by the Board of Directors for a limited number of the Group\u2019s key resources.For more information, please refer to Annual report on the 2026 remuneration policy and 2025 com-pensation paid.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__57-1": {
"value": "The item includes \u20ac30,271 thousand relating to the notional cost (fair value) of the stock option plan 2020-2027 (\u20ac9,950 thousand in 2024); please refer to notes 27. Share-based incentive plans and 34. Employee benefits for more information.27. Share-based incentive plansThere were two stock option plans in place at 31 December 2025 referred to as the \u201c2020-2027 Stock Option Plan\u201d and the \u201c2024-2026 Performance Shares Plan\u201d, respectively.The \u201c2020-2027 Stock Option Plan\u201d was approved by shareholders of De\u2019 Longhi S.p.A. during the Annual General Meeting held on 22 April 2020.In order to service this plan, the Shareholders\u2019 Meeting approved an additional increase in share capital for up to a maximum nominal amount of \u20ac4,500,000 to be carried out through the issue of a maximum of 3,000,000 ordinary shares with a par value of \u20ac1.5 each with the same charac-teristics as the ordinary shares outstanding at the issue date, with voting rights, if the treasury shares were not sufficient. The aim of the plan is to encourage the loyalty of the beneficiaries, encouraging their stay in the Group, linking their remuneration to the implementation of the com-pany strategy in the medium to long term. The overall duration of the plan is about 8 years and in any case the deadline is set for 31 December 2027.The beneficiaries were identified by the Board of Directors based on the proposal of the Remu-neration and Appointments Committee or the Chief Executive Officer, after having consulted with the Board of Statutory Auditors. The options are granted free of charge: the beneficiaries, therefore, will not be expected to pay any sort of consideration upon assignment. Conversely, ex-ercise of the option and the resulting subscription of the shares will be subject to payment of the exercise price. Each option grants the right to subscribe one share at the conditions set out in the relative regulations. The exercise price shall be equal to the arithmetic average of the official market price of the Company\u2019s shares recorded on the \u201cEuronext Milan\u201d managed by Borsa Italia-na S.p.A. 180 calendar days prior to the date on which the 2020-2027 Plan and the relative regu-lations were approved by shareholders during the Annual General Meeting. This period of time is sufficient to limit the impact that any volatility caused by the coronavirus crisis could have on the stock price.The options may be exercised by the beneficiaries - on one or more occasions - solely and exclu-sively during the exercise period, namely during the following timeframes:\u2022 between 15 May 2023 and 31 December 2027 for up to a total maximum amount equal to 50% of the total options assigned each beneficiary, without prejudice to the black-out periods re-ferred to in Art. 12 of the Regulations;\u2022 between 15 May 2024 and 31 December 2027 for the remaining 50% of the total options as-signed each beneficiary, without prejudice to the black-out periods referred to in Art. 12 of the Regulations.Any option not exercised by the end of the exercise period will be automatically expire and the beneficiary will have no right to any compensation or indemnity.All shares will have regular dividend rights and, therefore, will be the same as all other shares outstanding at their issue date, and will be freely transferrable by the beneficiary.However, on the 55% post-sell-to-cover portion of the shares, the Plan provides for a so-called holding period (commencing from the time of option exercise) of 24 months for options relating to the first exercise period and 12 months for those relating to the second exercise period, during which a portion of the shares purchased and/or subscribed by the beneficiary is subject to sale and/or transfer restrictions.Please refer to the Annual Report on the Remuneration Policy and Compensation Paid for more information on the Plan.For the purposes of valuing the Plan under IFRS 2 - Share-based payments, two different tranch-es were identified, corresponding to a number of options equally split between the two exercise periods provided for by the plan. This results in a different unit fair value for each individual tranche.The fair value of the stock options is represented by the value of the option at the grant date, de-termined by applying the Black-Scholes model, which takes into account the exercise conditions, the current share price, the expected volatility, the risk-free rate, and considers non-vesting conditions.Volatility is estimated using data provided by a market information provider and corresponds to the estimated volatility of the stock over the period covered by the plan.The fair value of the options assigned on the date of this Report and the assumptions made for its evaluation are as follows:Award Award Award Award Award (05.04.2020)(05.14.2020)(05.15.2020)(05.20.2020)(11.05.2020)First tranche fair 4.4283 4.591 4.4598 4.4637 12.402valueSecond tranche fair 4.3798 4.536 4.4034 4.4049 12.0305valueExpected dividends 2.80% 2.80% 2.80% 2.80% 2.80%(Euro)Estimated volatility 35.00% 34.00% 33.00% 32.00% 28.00%(%)Historic volatility (%) 37.00% 37.00% 37.00% 37.00% 37.00%Market interest rate (0.2%) (0.2%) (0.2%) (0.2%) (0.2%)Expected life of the 7.7 7.7 7.7 7.7 7.7options (years)Exercise price (Euro) 16.982 16.982 16.982 16.982 16.982At 31 December 2024, the options relating to the \u20182020-2027 Stock Option Plan\u2019 amounted to 340,999; during 2025, this number decreased to 45,000 following the exercise of 295,999 op-tions. This was carried out by using 214,913 treasury shares held in portfolio and by issuing 81,086 new shares for the remainder.The \u201c2024-2026 Performance Share Plan\u201d was approved by shareholders of De\u2019 Longhi S.p.A. during the Annual General Meeting held on 19 April 2024.The Plan is reserved for the Chief Executive Officer and General Manager of the parent company De\u2019Longhi S.p.A., as well as a limited number of top managers of the Group identified by the Board of Directors, as proposed by the Remuneration and Appointments Committee, after having consulted with the Board of Statutory Auditors as deemed appropriate.The purpose of the plan is to incentivize the beneficiaries to maximize the Group\u2019s medium/long-term performance by creating a rewarding, equitable and sustainable remuneration system con-sistent with regulatory standards and the stakeholder\u2019s expectations.The Plan involves the granting of up a maximum of 1,200,000 rights, each of which entitles the beneficiary to receive, free of charge, one De\u2019 Longhi share for each right assigned. This is sub-ject to the achievement of predetermined financial and non-financial performance targets (measured at the end of the three-year vesting period 2024-2025-2026), as well as to the mecha-nisms and conditions defined by the Plan itself. The Plan provides for a 24-month holding period on the 50% post-sell-to-cover portion of the shares, during which a portion of the shares pur-chased and/or subscribed by the beneficiary is subject to sale and/or transfer restrictions.The Plan may be serviced using the Company\u2019s treasury shares or, should these be insufficient, shares resulting from a share capital increase, to be issued in one or more tranches for a maxi-mum nominal amount of \u20ac1,800,000.00 and up to a maximum of 1,200,000 shares, for which the Shareholders\u2019 Meeting has granted specific delegated authority to the Board of Directors.The allocation of the shares will take place following the Shareholders\u2019 Meeting convened to ap-prove the statutory financial statements and acknowledge the Group\u2019s consolidated financial statements as of 31 December 2026.The Plan will conclude during 2029, once the 24-month lock-up period has ended.For the purposes of valuation, in accordance with IFRS 2 - Share-based Payment, the unit fair value of the plan was calculated as the value of the option on the assignment date based on the Black-Scholes model which takes into account the option exercise conditions, the current value of the share, the estimated volatility, the risk-free interest rate and the non-vesting conditions.Volatility was estimated using information provided by a data provider and corresponds to the stock\u2019s estimated volatility over the life of the plan.The fair value of the options assigned and the underlying assumptions used in the valuation are provided below:First awardAverage fair value 27.68Expected dividends 2.45%Historic volatility (%) 34.63%Market interest rate 3.1%Expected life of the rights (years) 3.15 Exercise price (Euro) -At 31 December 2025, based on the information available, an estimated 861,473 rights were outstanding.The \u201cStock option reserve\u201d refers to the share-based incentive plans named \u201c2020-2027 Stock Option Plan\u201d and \u201c2024-2026 Performance Share Plan\u201d, already described in note 27. Share-based incentive plans.At 31 December 2025, the reserve amounts to \u20ac15,279 thousand, which represents the fair value of the rights determined at the grant date, recognized on a straight-line basis over the period be-tween the grant date and the vesting date.With regard to the \u201c2020-2027 Stock Option Plan\u201d, the reserve, which amounted to \u20ac2,163 thou-sand at 31 December 2024, stands at \u20ac547 thousand at 31 December 2025, due to the options exercised during the period.Regarding the \u201c2024-2026 Performance Share Plan\u201d, the reserve, amounting to \u20ac5,618 thousand at 31 December 2024, was increased to \u20ac14,732 thousand during 2025 as a result of recognizing the related fair value on a straight-line basis over the vesting period.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__58": {
"value": "The Group average headcount, broken down by category, is summarized as follows:2025 2024Blue collars 6,571 6,798White collars 3,598 3,557Managers 384 376Total 10,553 10,731",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__59-1": {
"value": "In 2025 the item \u201cRentals and leasing\u201d includes \u20ac2,988 thousand in commercial rights (\u20ac1,803 thousand in 2024).In addition, it includes operating costs relating to contracts that are not or do not contain a lease (\u20ac20,287 thousand, \u20ac16,211 thousand in 2024), as well as costs relating to leases of less than twelve months\u2019 duration (\u20ac1,822 thousand, \u20ac1,610 thousand in 2024) or relating to low-value assets (\u20ac1,731 thousand, \u20ac1,174 thousand in 2024); for further information, please refer to note 15. Leases.The item \u201cInterest for leasing\u201d represents the portion of financial expenses accrued during the reporting period against a liability recognized in accordance with IFRS 16 - Leases. For further information, please refer to note 15. Leases.15. LeasingExisting leases are functional to the Group\u2019s operations and refer mainly to the leasing of proper-ties, automobiles and other capital goods.Movements in the leased right of use assets in 2025 are shown below:Industrial Land and and Plant and Other Totalbuildingscommercial machineryequipmentNet opening balance 95,779 2,654 2,124 7,398 107,955Additions 10,910 502 5,433 16,845Disposals (2,142) - (141) (2,283)Amortization (22,685) (560) (238) (3,860) (27,343)Translation differences (2,899) (90) (255) (3,244)and other movements Net closing balance 78,963 2,506 1,886 8,575 91,930In 2025, the result for the period includes depreciation and amortization for \u20ac27,343 thousand, interest payable for \u20ac2,871 thousand and exchange gains for \u20ac4 thousand, while \u20ac30,238 thou-sand in lease payments were reversed.At 31 December 2025 financial liabilities for leases of \u20ac94,370 thousand (of which \u20ac67,631 thou-sand expiring beyond 12 months) and financial assets for advanced payments of \u20ac394 thousand, included in \u201cCurrent financial receivables and assets\u201d, were recognized in the financial state-ments (please refer to note 24).The maturities of the undiscounted lease liabilities (based on contractual payments) are shown below:Undiscounted Payable in Payable within Payable in 1-5 flows at more than five one yearyears31.12.2025years Lease liabilities 127,415 27,768 82,956 16,691The adoption of IFRS 16 - Lease negatively affected Group net equity at 31 December 2025 for \u20ac2,342 thousand.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__60": {
"value": "6. Provisions These include \u20ac28,524 thousand in provisions for contingencies and other charges and a net provision for the allowance for doubtful accounts totaling \u20ac592 thousand. In 2025 the item in-cludes net non-recurring income for \u20ac3,986 thousand primarily relating to the accounting effects of allocations made in connection with business combinations that occurred in previous years (\u20ac2,961 thousand in income in 2024). The main changes in this item are discussed in note 35. Other provisions for non-current contingencies and charges.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__61": {
"value": "7. Amortization The breakdown is as follows:2025 2024 ChangeAmortization of intangible assets 34,865 27,821 7,044Depreciation of property, plant and equipment 68,837 63,259 5,578Depreciation of Right of Use assets 27,34 3 26,542 801Total 131,045 117,622 13,423More details about amortization and depreciation can be found in the tables reporting move-ments in intangible assets and property, plant and equipment.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__62": {
"value": "9. Net financial income (expenses)Net financial income and expenses are broken down by nature as follows:2025 2024 ChangeNet interests 3,815 9,295 (5,480)Other financial income (expenses) (10,153) (6,670) (3,483)Interest for leasing (2,871) (2,935) 64Other net financial income (expenses) (9,209) (310) (8,899)Exchange differences and gains (losses) on (*)(593) (1,870) 1,277currency hedgesShare of profit of equity investments 1,663 753 910consolidated by the equity methodNet financial income (expenses) (8,139) (1,427) (6,712)(*) The item includes \u20ac4 thousand relating to exchange rate losses on leases accounted for in accordance with IFRS 16 Leases.The item \u201cNet interests\u201d includes interest income on Group investments for an amount of \u20ac23,601 thousand (\u20ac34,751 thousand in 2024), net of interest expenses relating to the Group\u2019s financial debt (recalculated using the amortized cost method), and financial charges relating to other fi-nancing instruments for an amount of \u20ac19,786 thousand (\u20ac25,456 thousand in 2024).The item \u201cOther financial income (expenses)\u201d include bank charges and financial expenses aris-ing from the discounting of employee benefits and other financial obligations for a total amount of \u20ac12,166 thousand (\u20ac9,264 thousand in 2024); these are shown net of financial income for an amount of \u20ac2,013 thousand (\u20ac2,594 thousand in 2024), relating primarily to the temporary change in value deriving from the fair value measurement of certain investments.The item \u201cInterest for leasing\u201d represents the portion of financial expenses accrued during the reporting period against a liability recognized in accordance with IFRS 16 - Leases. For further information, please refer to note 15. Leases.The item \u201cExchange differences and gains (losses) on currency hedges\u201d includes the rate differ-entials on currency risk hedges, as well as the exchange differences linked to consolidation.The item \u201cShare of profit of equity investments consolidated by the equity method\u201d includes income from the joint venture DL/TCL Holdings (HK) Ltd.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__65": {
"value": "The item \u201cNet interests\u201d includes interest income on Group investments for an amount of \u20ac23,601 thousand (\u20ac34,751 thousand in 2024), net of interest expenses relating to the Group\u2019s financial debt (recalculated using the amortized cost method), and financial charges relating to other fi-nancing instruments for an amount of \u20ac19,786 thousand (\u20ac25,456 thousand in 2024).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__63-1": {
"value": "\u201cShare of profit of equity investments consolidated by the equity method\u201d includes income from the joint venture DL/TCL Holdings (HK) Ltd.16. Equity investmentsDetails of equity investments are as follows: 31.12.2025 31.12.2024Equity investments consolidated using the equity method 5,568 5,170Investment measured at fair value 54 53Total 5,622 5,223\u201cEquity investments consolidated using the equity method\u201d refers to the equity investments sub-ject to joint control as per contractual agreements and associated companies, accounted for using the equity method in accordance with IAS 28 - Investments in associates and joint venture.The changes in 2025 are shown below:31.12.2025Net opening balance 5,170Interest in net profit 1,663Dividends received (840)Exchange rate differences (425)Net closing balance 5,568",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__66": {
"value": "10. Income taxesThese are analyzed as follows:2025 2024 ChangeCurrent income taxes:- Income taxes 116,211 98,657 17,554- IRAP (Italian regional business tax) 8,849 7,161 1,688Deferred (advanced) taxes (16,474) (1,394) (15,080)Total 108,586 104,424 4,162The item \u201cDeferred (advanced) taxes\u201d includes taxes calculated on the temporary differences arising between the accounting values of assets and liabilities and their corresponding tax base (particularly for taxed provisions recognized by by Group companies) and on the distributable income of the subsidiaries.It also include the benefit arising from the carryforward of unused tax losses, which are likely to be used in the future.Current income taxes include the effects deriving from the application of the Pillar II regulation.Based on known or reasonably estimable information, the De\u2019 Longhi Group\u2019s exposure to Pillar II income taxes at 31 December 2025 refers mainly to the United Arab Emirates, in the amount of \u20ac2.4 million. The remaining amount of \u20ac0.1 million is fragmented into non-significant amounts relating to various other jurisdictions.The total provision of \u20ac2.5 million was recognized as an increase in \u2018Income taxes\u2019 in the income statement and in \u2018Tax payables\u2019 under liabilities. The Group will continue to evaluate the impact that Pillar II income tax regulations by monitoring future financial results.The tax reconciliation table is provided below:2025 % 2024 %Profit before taxes 450,006 100.0% 429,374 100.0%Theoretical taxes 108,001 24.0% 103,050 24.0%Other (*) (8,264) (1.8%) (5,787) (1.3%)Total income taxes 99,737 22.2% 97,263 22.7%IRAP (Italian regional 8,849 2.0% 7,161 1.7%business tax)Actual taxes 108,586 24.1% 104,424 24.3%(*) Mostly refers to the net tax effect of permanent differences, of different tax rates applied abroad relative to the theoretical ones applied in Italy, of adjustments on prior years taxes. Non-current assets",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__67-1": {
"value": "The item \u201cDeferred (advanced) taxes\u201d includes taxes calculated on the temporary differences arising between the accounting values of assets and liabilities and their corresponding tax base (particularly for taxed provisions recognized by by Group companies) and on the distributable income of the subsidiaries.It also include the benefit arising from the carryforward of unused tax losses, which are likely to be used in the future.19. Deferred tax assets and deferred tax liabilitiesDeferred tax assets and deferred tax liabilities are analyzed as follows:31.12.2025 31.12.2024Deferred tax assets 83,601 74,177Deferred tax liabilities (98,260) (112,758)Net closing balance (14,659) (38,581)\u201cDeferred tax assets\u201d and \u201cDeferred tax liabilities\u201d include the taxes calculated on temporary dif-ferences between the carrying amount of assets and liabilities and their corresponding tax base (particularly taxed provisions recognized by the parent company and its subsidiaries), the tax ef-fects associated with the allocation of higher values to fixed assets as a result of allocating con-solidation differences based on the applicable tax rate and the deferred taxes on the distributable income of subsidiaries. Deferred tax assets are calculated mainly on provisions and consolida-tion adjustments. They also include the benefit arising from the carryforward of unused tax losses which are likely to be used in the future.Leasing and other transactions which upon initial recognition result in taxable and deductible differences of the same amount include deferred tax assets of \u20ac13,747 thousand reported net of the deferred tax liabilities of \u20ac13,524 thousandThe net balance is analyzed as follows:31.12.2025 31.12.2024Temporary differences (16,039) (40,704)Tax losses 1,380 2,123Net closing balance (14,659) (38,581)The change in the net asset balance reflects an increase of \u20ac955 thousand through equity recog-nized in the \u201cFair value and cash flow hedge reserve\u201d following the fair value measurement of se-curities and cash flow hedges, and a decrease of \u20ac1,012 thousand recognized in \u201cProfit (loss) carried forward\u201d relating to the actuarial gains and (losses) recognized in the comprehensive income statement in accordance with IAS 19 - Employee benefits.Current assets",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__69": {
"value": "11. GoodwillThe item refers to goodwill recognized following business combinations. The change in the bal-ance sheet amount relates to the effect of translating goodwill recognized in foreign currencies at the exchange rate as of December 31, 2025, in connection with the acquisition of foreign operations.Goodwill is not amortized because it is considered to have an indefinite useful life. Instead, it is tested for impairment at least once a year to identify any evidence of loss in value. For the purposes of impairment testing, goodwill is allocated to the CGUs (cash generating units), namely the historic divisions De\u2019Longhi, Kenwood and Braun, Capital Brands and Eversys, and La Marzocco during 2025, as follows:Cash-generating unit 31.12.2025 31.12.2024De'Longhi 25,162 25,162Kenwood 17,120 17,120Braun 48,836 48,836Capital Brands 172,231 194,794Eversys 96,862 95,853La Marzocco 276,412 312,443636,623 694,208The objective of the impairment test is to determine the value in use of the CGU to which the goodwill refers, meaning the present value of the future cash flows expected to be derived from continuous use of the assets; any cash flows arising from extraordinary events are therefore ignored. More specifically, the value in use is determined by applying the discounted cash flow method to the cash flows resulting from the 2026 budget approved by the Board of Directors and from plans developed considering the growth scenarios projected on the basis of information available at the reporting date, supplemented\u2014for specific situations only\u2014with updated consid-erations reflecting commercial actions planned subsequent to the budget approval.Plan data was projected beyond the explicit planning period, of not more than five years, deter-mined based on common valuation practices, namely using a perpetuity growth rate that was no higher than those expected for the markets in which the individual CGUs operate. The growth rate in terminal values used for projecting beyond the planning period was therefore in a range of 2.2% to 2.4% for the different CGUs, deemed representative of a precautionary growth rate in terminal values.The cash flows and discount rate were determined net of tax.Discount rates were calculated using the Weighted Average Cost of Capital (WACC) obtained from data from a sample of comparable companies.The discount rates utilized, which vary between 6.7% and 8.3% for the different cash-generating units, therefore, reflect the estimated market valuations and the time value of money at the re-porting date, as well as sector risks.The impairment tests carried out at the end of 2025 have not revealed any other significant evi-dence of goodwill impairment.The recoverable amounts shown in the impairment tests and the sensitivity analysis are much higher than book value for all the CGUs.The results obtained using the discounted cash flow method have been tested for their sensitivi-ty to changes in certain key variables, within reasonable ranges and on the basis of mutually consistent assumptions. The variables altered were the discount rate (between 6.5% and 8.5%) and the growth rate in terminal value (in the range 2%-2.6%).The estimated recoverable amounts for all the CGUs, however, were higher than book value and the sensitivity analyses point to relatively stable results; in fact, the minimum and maximum amounts diverged by around 10% from the central point when both variables were altered.Group Board of Directors approved the assumptions and the criteria used to perform the impair-ment tests.However, estimating CGU recoverable amount requires management to make discretionary judgements and estimates. In fact, several factors also associated with developments in the dif-ficult market context could make it necessary to reassess the value of goodwill. The Group will be constantly monitoring those events and circumstances that might make it necessary to per-form new impairment tests.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__68": {
"value": "11. GoodwillThe item refers to goodwill recognized following business combinations. The change in the bal-ance sheet amount relates to the effect of translating goodwill recognized in foreign currencies at the exchange rate as of December 31, 2025, in connection with the acquisition of foreign operations.Goodwill is not amortized because it is considered to have an indefinite useful life. Instead, it is tested for impairment at least once a year to identify any evidence of loss in value. For the purposes of impairment testing, goodwill is allocated to the CGUs (cash generating units), namely the historic divisions De\u2019Longhi, Kenwood and Braun, Capital Brands and Eversys, and La Marzocco during 2025, as follows:Cash-generating unit 31.12.2025 31.12.2024De'Longhi 25,162 25,162Kenwood 17,120 17,120Braun 48,836 48,836Capital Brands 172,231 194,794Eversys 96,862 95,853La Marzocco 276,412 312,443636,623 694,208The objective of the impairment test is to determine the value in use of the CGU to which the goodwill refers, meaning the present value of the future cash flows expected to be derived from continuous use of the assets; any cash flows arising from extraordinary events are therefore ignored. More specifically, the value in use is determined by applying the discounted cash flow method to the cash flows resulting from the 2026 budget approved by the Board of Directors and from plans developed considering the growth scenarios projected on the basis of information available at the reporting date, supplemented\u2014for specific situations only\u2014with updated consid-erations reflecting commercial actions planned subsequent to the budget approval.Plan data was projected beyond the explicit planning period, of not more than five years, deter-mined based on common valuation practices, namely using a perpetuity growth rate that was no higher than those expected for the markets in which the individual CGUs operate. The growth rate in terminal values used for projecting beyond the planning period was therefore in a range of 2.2% to 2.4% for the different CGUs, deemed representative of a precautionary growth rate in terminal values.The cash flows and discount rate were determined net of tax.Discount rates were calculated using the Weighted Average Cost of Capital (WACC) obtained from data from a sample of comparable companies.The discount rates utilized, which vary between 6.7% and 8.3% for the different cash-generating units, therefore, reflect the estimated market valuations and the time value of money at the re-porting date, as well as sector risks.The impairment tests carried out at the end of 2025 have not revealed any other significant evi-dence of goodwill impairment.The recoverable amounts shown in the impairment tests and the sensitivity analysis are much higher than book value for all the CGUs.The results obtained using the discounted cash flow method have been tested for their sensitivi-ty to changes in certain key variables, within reasonable ranges and on the basis of mutually consistent assumptions. The variables altered were the discount rate (between 6.5% and 8.5%) and the growth rate in terminal value (in the range 2%-2.6%).The estimated recoverable amounts for all the CGUs, however, were higher than book value and the sensitivity analyses point to relatively stable results; in fact, the minimum and maximum amounts diverged by around 10% from the central point when both variables were altered.Group Board of Directors approved the assumptions and the criteria used to perform the impair-ment tests.However, estimating CGU recoverable amount requires management to make discretionary judgements and estimates. In fact, several factors also associated with developments in the dif-ficult market context could make it necessary to reassess the value of goodwill. The Group will be constantly monitoring those events and circumstances that might make it necessary to per-form new impairment tests.12. Other intangible assetsThese are analyzed as follows:31.12.2025 31.12.2024Gross Net Gross NetNew product development costs 177,917 24,406 167,368 25,812Patents 118,252 54,867 118,780 62,781Trademarks and similar rights 507,882 400,313 530,894 423,650Work in progress and advances 31,792 27,930 27,016 25,796Other 145,490 79,659 144,335 91,079Total 981,333 587,175 988,393 629,118The following table reports movements in the main asset categories during 2025:New Trade-Work in product marks progress develop-Patentsand Other Totaland ment similar advancescostsrightsNet opening balance 25,812 62,781 423,650 25,796 91,079 629,118Additions 2,130 2,378 204 14,747 10,652 30,111Amortization and (11,937) (7,386) (324) (2,642) (12,576) (34,865)devaluationTranslation differenc-es and other 8,401 (2,906) (23,217) (9,971) (9,496) (37,189) (*)movementsNet closing balance 24,406 54,867 400,313 27,930 79,659 587,175(*) \u201cOther movements\u201d refers primarily to the reclassification of intangible assets.The principal additions refer to the capitalization of new product development projects, based on detailed reporting and analysis of the costs incurred and the estimated future usefulness of such projects.The Group has capitalized a total of \u20ac16,102 thousand in development costs as intangible assets in 2025, of which \u20ac2,130 thousand in \u201cNew product development costs\u201d for projects already com-pleted at the reporting date and \u20ac13,972 thousand in \u201cWork in progress and advances\u201d for pro-jects still in progress.\u201cPatents\u201d primarily includes costs for internal development and the subsequent filing of industrial patent rights, as well as charges related to the development and integration of data processing systems. The increase mainly refers to development costs for IT projects.\u201cTrademarks and similar rights\u201d includes a few trademarks calculated based on an indefinite useful life in accordance with IAS 38, taking into account, above all, brand awareness, economic benefits, reference market characteristics, brand specific strategies and the amount of invest-ments made to sustain the brands: \u20ac79.8 million for the \u201cDe\u2019 Longhi\u201d trademark, \u20ac95.0 million for the perpetual license over the \u201cBraun\u201d brand, \u20ac112.9 million for the Nutribullet/MagicBullet trade-mark, \u20ac39.0 million for the Eversys trademark, and \u20ac72.3 million for the La Marzocco trademark.The impairment test carried out at the end of 2025 for brands with an indefinite useful life, in order to confirm the result of the impairment test already conducted to verify the invested capital allocated to each CGU (described in note 11. Goodwill), did not reveal any evidence that these assets might have suffered an impairment loss.The method used to test impairment involves discounting to present value the royalties that the Group would be able to earn from permanently granting third parties the right to use the trade-marks in question.This method, which is based on royalty cash flows and reasonably estimated sales volumes, is the most commonly used for company valuation purposes since it is able to provide a suitable expression of the relationship between the strength of the trademark and business profitability.Sales values were derived from the 2026 budget approved by the Board of Directors, taking into account the growth scenarios projected on the basis of information available at the reporting date, integrated\u2014for specific situations only\u2014with updated considerations reflecting commercial actions planned subsequent to the budget approval.The discount rates used, which vary between 7.4% and 9% net of tax, reflect market valuations and the time value of money at the reporting date. The growth rate in terminal values used for projecting beyond the planning period was in a range from 2.2% to 2.4% for the different CGUs, deemed representative of a precautionary growth rate in terminal values.The cash flows discounted to present value are stated net of tax (in keeping with the discount rate).The results of the impairment test have been tested for their sensitivity to changes in certain key variables, within reasonable ranges and on the basis of mutually consistent assumptions. The variables altered were the discount rate (between 7.2% and 9.2%) and the growth rate in terminal value (in the 2%-2.6%).The sensitivity analysis, conducted with reference to the actuarial assumptions (simultaneously varying discount and growth rates), shows a relative stability of the results; indeed, the minimum and maximum values deviate by at most approximately 8% from the central point, substantially confirming the carrying amounts of the brands recognized in the financial statements.\u201cOther intangible assets\u201d is explained primarily by the value of the portfolio recognized following allocation of the purchase price to Capital Brands, subject to amortization based on the estimat-ed useful life; the increase mainly refers to the acquisition of distribution rights for certain coffee machine lines in new European markets.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__70": {
"value": "12. Other intangible assetsThese are analyzed as follows:31.12.2025 31.12.2024Gross Net Gross NetNew product development costs 177,917 24,406 167,368 25,812Patents 118,252 54,867 118,780 62,781Trademarks and similar rights 507,882 400,313 530,894 423,650Work in progress and advances 31,792 27,930 27,016 25,796Other 145,490 79,659 144,335 91,079Total 981,333 587,175 988,393 629,118The following table reports movements in the main asset categories during 2025:New Trade-Work in product marks progress develop-Patentsand Other Totaland ment similar advancescostsrightsNet opening balance 25,812 62,781 423,650 25,796 91,079 629,118Additions 2,130 2,378 204 14,747 10,652 30,111Amortization and (11,937) (7,386) (324) (2,642) (12,576) (34,865)devaluationTranslation differenc-es and other 8,401 (2,906) (23,217) (9,971) (9,496) (37,189) (*)movementsNet closing balance 24,406 54,867 400,313 27,930 79,659 587,175(*) \u201cOther movements\u201d refers primarily to the reclassification of intangible assets.The principal additions refer to the capitalization of new product development projects, based on detailed reporting and analysis of the costs incurred and the estimated future usefulness of such projects.The Group has capitalized a total of \u20ac16,102 thousand in development costs as intangible assets in 2025, of which \u20ac2,130 thousand in \u201cNew product development costs\u201d for projects already com-pleted at the reporting date and \u20ac13,972 thousand in \u201cWork in progress and advances\u201d for pro-jects still in progress.\u201cPatents\u201d primarily includes costs for internal development and the subsequent filing of industrial patent rights, as well as charges related to the development and integration of data processing systems. The increase mainly refers to development costs for IT projects.\u201cTrademarks and similar rights\u201d includes a few trademarks calculated based on an indefinite useful life in accordance with IAS 38, taking into account, above all, brand awareness, economic benefits, reference market characteristics, brand specific strategies and the amount of invest-ments made to sustain the brands: \u20ac79.8 million for the \u201cDe\u2019 Longhi\u201d trademark, \u20ac95.0 million for the perpetual license over the \u201cBraun\u201d brand, \u20ac112.9 million for the Nutribullet/MagicBullet trade-mark, \u20ac39.0 million for the Eversys trademark, and \u20ac72.3 million for the La Marzocco trademark.The impairment test carried out at the end of 2025 for brands with an indefinite useful life, in order to confirm the result of the impairment test already conducted to verify the invested capital allocated to each CGU (described in note 11. Goodwill), did not reveal any evidence that these assets might have suffered an impairment loss.The method used to test impairment involves discounting to present value the royalties that the Group would be able to earn from permanently granting third parties the right to use the trade-marks in question.This method, which is based on royalty cash flows and reasonably estimated sales volumes, is the most commonly used for company valuation purposes since it is able to provide a suitable expression of the relationship between the strength of the trademark and business profitability.Sales values were derived from the 2026 budget approved by the Board of Directors, taking into account the growth scenarios projected on the basis of information available at the reporting date, integrated\u2014for specific situations only\u2014with updated considerations reflecting commercial actions planned subsequent to the budget approval.The discount rates used, which vary between 7.4% and 9% net of tax, reflect market valuations and the time value of money at the reporting date. The growth rate in terminal values used for projecting beyond the planning period was in a range from 2.2% to 2.4% for the different CGUs, deemed representative of a precautionary growth rate in terminal values.The cash flows discounted to present value are stated net of tax (in keeping with the discount rate).The results of the impairment test have been tested for their sensitivity to changes in certain key variables, within reasonable ranges and on the basis of mutually consistent assumptions. The variables altered were the discount rate (between 7.2% and 9.2%) and the growth rate in terminal value (in the 2%-2.6%).The sensitivity analysis, conducted with reference to the actuarial assumptions (simultaneously varying discount and growth rates), shows a relative stability of the results; indeed, the minimum and maximum values deviate by at most approximately 8% from the central point, substantially confirming the carrying amounts of the brands recognized in the financial statements.\u201cOther intangible assets\u201d is explained primarily by the value of the portfolio recognized following allocation of the purchase price to Capital Brands, subject to amortization based on the estimat-ed useful life; the increase mainly refers to the acquisition of distribution rights for certain coffee machine lines in new European markets.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__71": {
"value": "The principal additions refer to the capitalization of new product development projects, based on detailed reporting and analysis of the costs incurred and the estimated future usefulness of such projects.The Group has capitalized a total of \u20ac16,102 thousand in development costs as intangible assets in 2025, of which \u20ac2,130 thousand in \u201cNew product development costs\u201d for projects already com-pleted at the reporting date and \u20ac13,972 thousand in \u201cWork in progress and advances\u201d for pro-jects still in progress.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfResearchAndDevelopmentExpenseExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__72": {
"value": "13. Land, property, plant and machineryThese are analyzed as follows: 31.12.2025 31.12.2024Gross Net Gross NetLand and buildings 316,050 229,795 291,329 213,895Plant and machinery 219,232 84,819 217,421 86,444Total 535,282 314,614 508,750 300,339The following table reports movements during 2025:Land and Plant and TotalbuildingsmachineryNet opening balance 213,895 86,444 300,339Additions 10,662 8,128 18,790Disposals (58) (276) (334)Amortization and devaluation (12,571) (13,057) (25,628)Translation differences and other movements 17,867 3,580 21,447Net closing balance 229,795 84,819 314,614The increases and other movement in \u201cLand and buildings\u201d refer mainly to the investments made to complete structural work at the Treviso headquarters, and improvements made in manufac-turing, namely enhancement of the production plants in China and Romania, the expansion of Eversys\u2019s Swiss plant and improvements at La Marzocco\u2019s production facilities.The investments in \u201cPlants and machinery\u201d refer mainly to the purchases of machinery for the plants in Romania and China and increases of the production lines for coffee machine in Italy. The other movements refer mainly to the reclassification of the amount relating to the invest-ments made in the previous years in the production plants previously classified under tangible assets in progress.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__73-1": {
"value": "14. Other tangible assetsOther tangible assets are analyzed as follows:31.12.2025 31.12.2024Gross Net Gross NetIndustrial and commercial equipment 442,428 69,654 433,783 71,362Other 104,969 24,147 105,863 26,707Work in progress and advances 22,725 22,725 54,243 54,243Total 570,122 116,526 593,889 152,312The following table reports movements during 2025:Industrial and Work in commercial Otherprogress and TotalequipmentadvancesNet opening balance 71,362 26,707 54,243 152,312Additions 22,342 9,585 8,327 40,254Disposals (405) (106) (1,365) (1,876)Amortization and devaluation (32,185) (10,817) (207) (43,209)Translation differences and 8,540 (1,222) (38,273) (30,955)other movementsNet closing balance 69,654 24,147 22,725 116,526The additions to \u201cIndustrial and commercial equipment\u201d refer primarily to the purchase of moulds for the manufacturing of new products.The increase in \u201cWork in progress\u201d refers mainly to the development plan for the headquarters and investments in improvements at the plants in China, Romania and Switzerland.17. Non-current receivablesThe balance at 31 December 2025 of \u20ac4,999 thousand mainly refers to security deposits (\u20ac5,721 thousand at 31 December 2024).18. Other non-current financial assetsThis item includes investments made as part of the Group\u2019s liquidity management with primary counterparts, namely financial assets that will be held until maturity consistent with the business model objective to receive contractual cash flows (principal and interest) at specific maturities which were, therefore, accounted for using the amortized cost method.The item mainly includes \u20ac9,994 thousand relating to a bond with a total nominal value of \u20ac10,000 thousand, maturing in 2027, and \u20ac50,348 thousand relating to a floating rate note, ma-turing in 2027 with semi-annual and quarterly coupons (par value of \u20ac50,200 thousand).No signs of impairment emerged about the balances recognized in the financial statements.19. Deferred tax assets and deferred tax liabilitiesDeferred tax assets and deferred tax liabilities are analyzed as follows:31.12.2025 31.12.2024Deferred tax assets 83,601 74,177Deferred tax liabilities (98,260) (112,758)Net closing balance (14,659) (38,581)\u201cDeferred tax assets\u201d and \u201cDeferred tax liabilities\u201d include the taxes calculated on temporary dif-ferences between the carrying amount of assets and liabilities and their corresponding tax base (particularly taxed provisions recognized by the parent company and its subsidiaries), the tax ef-fects associated with the allocation of higher values to fixed assets as a result of allocating con-solidation differences based on the applicable tax rate and the deferred taxes on the distributable income of subsidiaries. Deferred tax assets are calculated mainly on provisions and consolida-tion adjustments. They also include the benefit arising from the carryforward of unused tax losses which are likely to be used in the future.Leasing and other transactions which upon initial recognition result in taxable and deductible differences of the same amount include deferred tax assets of \u20ac13,747 thousand reported net of the deferred tax liabilities of \u20ac13,524 thousandThe net balance is analyzed as follows:31.12.2025 31.12.2024Temporary differences (16,039) (40,704)Tax losses 1,380 2,123Net closing balance (14,659) (38,581)The change in the net asset balance reflects an increase of \u20ac955 thousand through equity recog-nized in the \u201cFair value and cash flow hedge reserve\u201d following the fair value measurement of se-curities and cash flow hedges, and a decrease of \u20ac1,012 thousand recognized in \u201cProfit (loss) carried forward\u201d relating to the actuarial gains and (losses) recognized in the comprehensive income statement in accordance with IAS 19 - Employee benefits.Current assets",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__77-1": {
"value": "18. Other non-current financial assetsThis item includes investments made as part of the Group\u2019s liquidity management with primary counterparts, namely financial assets that will be held until maturity consistent with the business model objective to receive contractual cash flows (principal and interest) at specific maturities which were, therefore, accounted for using the amortized cost method.The item mainly includes \u20ac9,994 thousand relating to a bond with a total nominal value of \u20ac10,000 thousand, maturing in 2027, and \u20ac50,348 thousand relating to a floating rate note, ma-turing in 2027 with semi-annual and quarterly coupons (par value of \u20ac50,200 thousand).No signs of impairment emerged about the balances recognized in the financial statements.24. Current financial receivables and assets\u201cCurrent financial receivables and assets\u201d are analyzed as follows: 31.12.2025 31.12.2024Fair value of derivatives 6,743 15,400Advances for leasing contracts 394 428Fair value of other current financial assets 72,541 70,515Other current financial assets 165,117 107,770Total 244,795 194,113For more details on the fair value of derivative financial instruments, please refer to note 42. Risk management.The item \u2018Other current financial assets\u2019 primarily refers to investments, with leading counterpar-ties, aimed at managing the liquidity generated by the Group. These are financial assets intended to be held until maturity within a business model whose objective is the collection of contractual cash flows consisting of payments of principal and interest on specific dates; therefore, they are measured at amortized cost.40. IFRS 7 classification of financial assets and liabilitiesFinancial assets and liabilities are classified below in accordance with IFRS 7 using the catego-ries identified in IFRS 9.Assetsat 31 December 2025 TotalFair value in Fair value in Profit&LossOCI (*)Non-current assetsEquity investments 54 - 54 -Receivables 4,999 4,999 - -Other non-current financial 60,343 60,343 - -assets (**)Current assetsTrade receivables 351,569 351,569 - -Current tax assets 9,011 9,011 - -Other receivables 49,302 49,302 - -Current financial receiva-244,401 165,117 75,782 3,502bles and assetsCash and cash equivalents 998,448 998,448 - -Liabilitiesat 31 December 2025 TotalAmortized Fair value in Fair value in costProfit&LossOCI (***)Non-current liabilitiesBank loans and borrowings 191,166 191,166 - -(long-term portion)Other financial payables 171,762 171,762 - -(long-term portion) (****)Current liabilitiesTrade payables 856,693 856,693 - -Bank loans and borrowings 35,877 35,877 - -(short-term portion)Other financial payables 40,418 36,106 3,064 1,248(short-term portion)Current tax liabilities 90,148 90,148 - -Other payables 218,362 218,362 - -(*) Interests in subsidiaries, associates and joint ventures are not included (IFRS 9 - 2.1 a).(**) Advances for leasing contracts are not included (IFRS 9 - 2.1 b).(***) Lease liabilities under IFRS 16 (IFRS 9.-2.1b) are not included .(****) Lease liabilities to which IFRS 16 Leases is applied (IFRS 9 - 2.1 b) are not included.The value of financial assets/liabilities at amortized cost does not differ significantly from their fair value.Assetsat 31 December 2024 TotalAmortized Fair value in Fair value in costProfit&LossOCI (*)Non-current assetsEquity investments 53 - 53 -Receivables 5,721 5,721 - -Other non-current financial 131,254 131,254 - -assets (**)Current assetsTrade receivables 336,145 336,145 - -Current tax assets 11,341 11,341 - -Other receivables 52,659 52,659 - -Current financial receiva-193,685 107,770 75,224 10,691bles and assetsCash and cash equivalents 1,019,711 1,019,711 - -Liabilitiesat 31 December 2024 TotalAmortized Fair value in Fair value in costProfit&LossOCI (***)Non-current liabilitiesBank loans and borrowings 227,988 227,988 - -(long-term portion)Other financial payables 193,581 193,581 - -(long-term portion) (****)Current liabilitiesTrade payables 873,139 873,139 - -Bank loans and borrowings 94,246 94,246 - -(short-term portion)Other financial payables 75,617 66,094 3,373 6,150(short-term portion)Current tax liabilities 75,821 75,821 - -Other payables 169,976 169,976 - -(*) Interests in subsidiaries, associates and joint ventures are not included (IFRS 9 - 2.1 a).(**) Advances for leasing contracts are not included (IFRS 9 - 2.1 b).(***) Lease liabilities under IFRS 16 (IFRS 9.-2.1b) are not included .(****) Lease liabilities to which IFRS 16 Leases is applied (IFRS 9 - 2.1 b) are not included.The value of financial assets/liabilities at amortized cost does not differ significantly from their fair value.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__79": {
"value": "20. Inventories\u201cInventories\u201d, shown net of an allowance for obsolete and slow-moving goods, can be analyzed as follows:31.12.2025 31.12.2024Finished products and goods 482,108 492,658Raw, ancillary and consumable materials 146,463 147,521Work in progress and semi-finished products 34,842 42,018Inventory writedown allowance (57,463) (60,347)Total 605,950 621,850The value of inventories is stated after deducting an allowance for obsolete or slow-moving goods totaling \u20ac57,463 thousand (\u20ac60,347 thousand at 31 December 2024) in relation to prod-ucts and raw materials that are obsolete and slow-moving or are no longer of strategic interest to the Group.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__80": {
"value": "21. Trade receivablesThese are analyzed as follows:31.12.2025 31.12.2024Trade receivables:- due within 12 months 357,681 344,486- due beyond 12 months 907 8Allowance for doubtful accounts (7,019) (8,349)Total 351,569 336,145Trade receivables are shown net of an allowance for doubtful accounts of \u20ac7,019 thousand, rep-resenting a reasonable estimate at the reporting date of lifetime expected credit losses, taking into account that a significant portion of the receivables is covered by insurance policies with leading insurers.Movements in the allowance for doubtful accounts are shown in the following table:Translation Provisions/31.12.2024differences and 31.12.2025Releasesother movementsAllowance for doubtful accounts 8,349 592 (1,922) 7,019The change in the allowance, in addition to the effects of the change in the scope of consolida-tion, is due to provisions for expected credit losses, net of the utilization during the year against bad debts for which a provision had previously been allocated.The Group has received guarantees from customers to cover commercial transactions; further-more, a significant portion of receivables is covered by insurance policies taken out with leading counterparties. For a more detailed analysis, please refer to note 42. Risk management.22. Current tax assetsThese are analyzed as follows:31.12.2025 31.12.2024Direct tax receivables 2,132 4,559Tax payments on account 5,959 5,881Tax refunds requested 920 901Total 9,011 11,341There are no current tax assets due beyond 12 months.23. Other receivables\u201cOther receivables\u201d are analyzed as follows:31.12.2025 31.12.2024VAT 17,894 21,841Other tax receivables 4,540 4,733Prepaid insurance costs 3,858 3,882Advances to suppliers 3,963 3,338Employees 340 423Other 18,707 18,442Total 49,302 52,659At 31 December 2025, this item does not include any amounts due after more than 12 months.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__81": {
"value": "Trade receivables are shown net of an allowance for doubtful accounts of \u20ac7,019 thousand, rep-resenting a reasonable estimate at the reporting date of lifetime expected credit losses, taking into account that a significant portion of the receivables is covered by insurance policies with leading insurers.Movements in the allowance for doubtful accounts are shown in the following table:Translation Provisions/31.12.2024differences and 31.12.2025Releasesother movementsAllowance for doubtful accounts 8,349 592 (1,922) 7,019The change in the allowance, in addition to the effects of the change in the scope of consolida-tion, is due to provisions for expected credit losses, net of the utilization during the year against bad debts for which a provision had previously been allocated.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__82-1": {
"value": "The Group has received guarantees from customers to cover commercial transactions; further-more, a significant portion of receivables is covered by insurance policies taken out with leading counterparties. For a more detailed analysis, please refer to note 42. Risk management.Credit riskCredit risk consists of the Group\u2019s exposure to potential losses arising from failure by a counter-party to fulfill its obligations.Trade credit risk is associated with the normal conduct of trade and is monitored using formal procedures for selecting and assessing customers, for defining credit limits, for monitoring ex-pected receipts and for their recovery if necessary.Credit risk is mitigated by insurance policies with major insurers, with the aim of insuring against the risk of default by punctually performing a selection of a portfolio of customers together with the insurer, who then undertakes to pay an indemnity in the event of default.Although there is a certain concentration of risk associated with the size of some of the principal buying groups, this is counterbalanced by the fact that the exposure is spread across counter-parties operating in different geographical areas.Positions are written down when there is objective evidence that they will be partially or entirely uncollected; such writedowns are based on past data and information about the counterparty\u2019s solvency, taking account of insurance and any other guarantees as described above.The Group\u2019s maximum exposure to credit risk is equal to the book value of trade receivables before the allowance for doubtful accounts, and amounts to \u20ac358,588 thousand at 31 December 2025 and \u20ac344,494 thousand at 31 December 2024.This amount corresponds to the gross balance of trade receivables of \u20ac421,802 thousand at 31 December 2025 (\u20ac403,769 thousand at 31 December 2024), net of deductions and accounting offsets, which reduce the overall credit risk, mainly in the form of credit notes and other docu-ments not yet issued to customers.The following analysis of credit risk, carried out on the basis of receivables ageing and the re-ports used for credit management, refers to the trade balances before these deductions because the documents still to be issued cannot be specifically allocated to the ageing categories.Trade receivables of \u20ac421,802 thousand at 31 December 2025 comprise \u20ac413,719 thousand in current balances and \u20ac8,083 thousand in past due amounts, of which \u20ac8,381 thousand past due within 90 days and a negative balance of \u20ac298 thousand past due by more than 90 days related to still open commercial deductions.The amount of insured or guaranteed receivables at 31 December 2025 is \u20ac302,416 thousand.The Group has recognized \u20ac7,019 thousand in allowances for doubtful accounts against unguar-anteed receivables of \u20ac119,386 thousand.Trade receivables of \u20ac403,769 thousand at 31 December 2024 comprise \u20ac396,227 thousand in current balances and \u20ac7,541 thousand in past due amounts, of which \u20ac9,527 thousand past due within 90 days and a negative balance of \u20ac1,986 thousand past due by more than 90 days.The amount of insured or guaranteed receivables at 31 December 2024 is \u20ac287,537 thousand.The Group has recognized \u20ac8,349 thousand in allowances for doubtful accounts against unguar-anteed receivables of \u20ac116,231 thousand.It should also be noted that non-recourse receivables assigned and not yet due at the reporting date (outstanding) amount to \u20ac238,658 thousand as of December 31, 2025 (\u20ac224,851 thousand as of December 31, 2024). The total amount of receivables assigned by the Group pursuant to Law 52/1991 (Factoring Law) during the 2025 financial year (turnover) amounts to \u20ac785,669 thousand (\u20ac862,244 during 2024).As far as financial risk is concerned, it is the Group\u2019s policy to maintain a sufficiently large portfo-lio of counterparties of high international repute for the purposes of temporary investment of surplus resources or for the negotiation of derivatives.The maximum credit risk in the event of counterparty default relating to the Group\u2019s other finan-cial assets, whose classification is presented in note 40. IFRS 7 classification of financial assets and liabilities, is equal to the book value of these assets.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__83": {
"value": "24. Current financial receivables and assets\u201cCurrent financial receivables and assets\u201d are analyzed as follows: 31.12.2025 31.12.2024Fair value of derivatives 6,743 15,400Advances for leasing contracts 394 428Fair value of other current financial assets 72,541 70,515Other current financial assets 165,117 107,770Total 244,795 194,113For more details on the fair value of derivative financial instruments, please refer to note 42. Risk management.The item \u2018Other current financial assets\u2019 primarily refers to investments, with leading counterpar-ties, aimed at managing the liquidity generated by the Group. These are financial assets intended to be held until maturity within a business model whose objective is the collection of contractual cash flows consisting of payments of principal and interest on specific dates; therefore, they are measured at amortized cost.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherCurrentAssetsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__85": {
"value": "25. Cash and cash equivalentsThis balance consists of cash at bank accounts and cash equivalents, as well as investments in liquid assets and similar instruments.Certain Group companies, as part of the international cash pooling system, hold cash and cash equivalents in bank accounts with a single banking institution; these are partially offset by finan-cial liability positions of \u20ac56.6 million that the same companies have toward the same institution. The latter acts as a \u201cclearing center\u201d for the credit/debit amounts within the system. Given the substance of the transactions and the technical procedures of the international cash pooling system, the active and passive balances have been offset within the consolidated statement of financial position, in accordance with accounting standard IAS 32.At 31 December 2025, certain bank accounts of subsidiaries are restricted as collateral for an amount of \u20ac4 thousand.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__86": {
"value": "Net equityThe primary objective of the Group\u2019s capital management is to maintain a solid credit rating and adequate capital ratios in order to support its business and maximize value for shareholders.On 30 April 2025, the Shareholders\u2019 Meeting of De\u2019 Longhi S.p.A. approved the distribution of a dividend of \u20ac1.25 for each entitled share, according to the following schedule:\u2022 \u20ac0.83 per share as a gross ordinary dividend, with an ex-dividend date of 19 May 2025 (in ac-cordance with the Borsa Italiana calendar), a record date of 20 May 2025, and a payment date of 21 May 2025;\u2022 \u20ac0.42 per share as a gross additional dividend, with an ex-dividend date of 22 September 2025 (in accordance with the Borsa Italiana calendar), a record date of 23 September 2025, and a payment date of 24 September 2025.Total approved dividends amounted to \u20ac 186,715 thousand, of which \u20ac 186,482 thousand was paid during 2025.Movements in the equity accounts are reported in one of the earlier schedules forming part of the financial statements; comments on the main components and their changes are provided below.26. Treasury sharesOn 19 April 2024, the Shareholders\u2019 Meeting approved the renewal - following the revocation of the previous authorization granted by shareholders - of the authorization to purchase and dis-pose of treasury shares for up to a maximum of 14.5 million ordinary shares or an amount which does not exceed one fifth of the share capital, including any shares held by the Company or any of its subsidiaries. The buyback program was approved, in accordance with the law, for a period of up to a maximum of 18 months (i.e., until 19 October 2025).On 30 April 2025, the Shareholders\u2019 Meeting again approved the renewal - following the revoca-tion of the unexecuted portion of the previous resolution - of the authorization to purchase and dispose of treasury shares up to a maximum of 14.5 million ordinary shares (not exceeding one-fifth of the share capital), extending the term for a further 18 months (i.e., until 30 October 2026).Starting from 16 January 2025, the Group announced a share buyback program under the terms authorized by the aforementioned Meetings, which concluded on 17 April 2025; for further infor-mation regarding the program, please refer to the Annual Financial Report at 31 December 2024.During 2025, as part of the share buyback program, the Group purchased 1,986,426 shares through the parent company De\u2019Longhi S.p.A. for a total amount of \u20ac60,586 thousand.During the same period, 214,913 treasury shares were used to cover the exercise of an equal number of options relating to the share-based incentive plan titled \u201c2020-2027 Stock Option Plan\u201d.As of 31 December 2025, the treasury shares held in portfolio amounted to 1,771,513 for a total value of \u20ac54,031 thousand.27. Share-based incentive plansThere were two stock option plans in place at 31 December 2025 referred to as the \u201c2020-2027 Stock Option Plan\u201d and the \u201c2024-2026 Performance Shares Plan\u201d, respectively.The \u201c2020-2027 Stock Option Plan\u201d was approved by shareholders of De\u2019 Longhi S.p.A. during the Annual General Meeting held on 22 April 2020.In order to service this plan, the Shareholders\u2019 Meeting approved an additional increase in share capital for up to a maximum nominal amount of \u20ac4,500,000 to be carried out through the issue of a maximum of 3,000,000 ordinary shares with a par value of \u20ac1.5 each with the same charac-teristics as the ordinary shares outstanding at the issue date, with voting rights, if the treasury shares were not sufficient. The aim of the plan is to encourage the loyalty of the beneficiaries, encouraging their stay in the Group, linking their remuneration to the implementation of the com-pany strategy in the medium to long term. The overall duration of the plan is about 8 years and in any case the deadline is set for 31 December 2027.The beneficiaries were identified by the Board of Directors based on the proposal of the Remu-neration and Appointments Committee or the Chief Executive Officer, after having consulted with the Board of Statutory Auditors. The options are granted free of charge: the beneficiaries, therefore, will not be expected to pay any sort of consideration upon assignment. Conversely, ex-ercise of the option and the resulting subscription of the shares will be subject to payment of the exercise price. Each option grants the right to subscribe one share at the conditions set out in the relative regulations. The exercise price shall be equal to the arithmetic average of the official market price of the Company\u2019s shares recorded on the \u201cEuronext Milan\u201d managed by Borsa Italia-na S.p.A. 180 calendar days prior to the date on which the 2020-2027 Plan and the relative regu-lations were approved by shareholders during the Annual General Meeting. This period of time is sufficient to limit the impact that any volatility caused by the coronavirus crisis could have on the stock price.The options may be exercised by the beneficiaries - on one or more occasions - solely and exclu-sively during the exercise period, namely during the following timeframes:\u2022 between 15 May 2023 and 31 December 2027 for up to a total maximum amount equal to 50% of the total options assigned each beneficiary, without prejudice to the black-out periods re-ferred to in Art. 12 of the Regulations;\u2022 between 15 May 2024 and 31 December 2027 for the remaining 50% of the total options as-signed each beneficiary, without prejudice to the black-out periods referred to in Art. 12 of the Regulations.Any option not exercised by the end of the exercise period will be automatically expire and the beneficiary will have no right to any compensation or indemnity.All shares will have regular dividend rights and, therefore, will be the same as all other shares outstanding at their issue date, and will be freely transferrable by the beneficiary.However, on the 55% post-sell-to-cover portion of the shares, the Plan provides for a so-called holding period (commencing from the time of option exercise) of 24 months for options relating to the first exercise period and 12 months for those relating to the second exercise period, during which a portion of the shares purchased and/or subscribed by the beneficiary is subject to sale and/or transfer restrictions.Please refer to the Annual Report on the Remuneration Policy and Compensation Paid for more information on the Plan.For the purposes of valuing the Plan under IFRS 2 - Share-based payments, two different tranch-es were identified, corresponding to a number of options equally split between the two exercise periods provided for by the plan. This results in a different unit fair value for each individual tranche.The fair value of the stock options is represented by the value of the option at the grant date, de-termined by applying the Black-Scholes model, which takes into account the exercise conditions, the current share price, the expected volatility, the risk-free rate, and considers non-vesting conditions.Volatility is estimated using data provided by a market information provider and corresponds to the estimated volatility of the stock over the period covered by the plan.The fair value of the options assigned on the date of this Report and the assumptions made for its evaluation are as follows:Award Award Award Award Award (05.04.2020)(05.14.2020)(05.15.2020)(05.20.2020)(11.05.2020)First tranche fair 4.4283 4.591 4.4598 4.4637 12.402valueSecond tranche fair 4.3798 4.536 4.4034 4.4049 12.0305valueExpected dividends 2.80% 2.80% 2.80% 2.80% 2.80%(Euro)Estimated volatility 35.00% 34.00% 33.00% 32.00% 28.00%(%)Historic volatility (%) 37.00% 37.00% 37.00% 37.00% 37.00%Market interest rate (0.2%) (0.2%) (0.2%) (0.2%) (0.2%)Expected life of the 7.7 7.7 7.7 7.7 7.7options (years)Exercise price (Euro) 16.982 16.982 16.982 16.982 16.982At 31 December 2024, the options relating to the \u20182020-2027 Stock Option Plan\u2019 amounted to 340,999; during 2025, this number decreased to 45,000 following the exercise of 295,999 op-tions. This was carried out by using 214,913 treasury shares held in portfolio and by issuing 81,086 new shares for the remainder.The \u201c2024-2026 Performance Share Plan\u201d was approved by shareholders of De\u2019 Longhi S.p.A. during the Annual General Meeting held on 19 April 2024.The Plan is reserved for the Chief Executive Officer and General Manager of the parent company De\u2019Longhi S.p.A., as well as a limited number of top managers of the Group identified by the Board of Directors, as proposed by the Remuneration and Appointments Committee, after having consulted with the Board of Statutory Auditors as deemed appropriate.The purpose of the plan is to incentivize the beneficiaries to maximize the Group\u2019s medium/long-term performance by creating a rewarding, equitable and sustainable remuneration system con-sistent with regulatory standards and the stakeholder\u2019s expectations.The Plan involves the granting of up a maximum of 1,200,000 rights, each of which entitles the beneficiary to receive, free of charge, one De\u2019 Longhi share for each right assigned. This is sub-ject to the achievement of predetermined financial and non-financial performance targets (measured at the end of the three-year vesting period 2024-2025-2026), as well as to the mecha-nisms and conditions defined by the Plan itself. The Plan provides for a 24-month holding period on the 50% post-sell-to-cover portion of the shares, during which a portion of the shares pur-chased and/or subscribed by the beneficiary is subject to sale and/or transfer restrictions.The Plan may be serviced using the Company\u2019s treasury shares or, should these be insufficient, shares resulting from a share capital increase, to be issued in one or more tranches for a maxi-mum nominal amount of \u20ac1,800,000.00 and up to a maximum of 1,200,000 shares, for which the Shareholders\u2019 Meeting has granted specific delegated authority to the Board of Directors.The allocation of the shares will take place following the Shareholders\u2019 Meeting convened to ap-prove the statutory financial statements and acknowledge the Group\u2019s consolidated financial statements as of 31 December 2026.The Plan will conclude during 2029, once the 24-month lock-up period has ended.For the purposes of valuation, in accordance with IFRS 2 - Share-based Payment, the unit fair value of the plan was calculated as the value of the option on the assignment date based on the Black-Scholes model which takes into account the option exercise conditions, the current value of the share, the estimated volatility, the risk-free interest rate and the non-vesting conditions.Volatility was estimated using information provided by a data provider and corresponds to the stock\u2019s estimated volatility over the life of the plan.The fair value of the options assigned and the underlying assumptions used in the valuation are provided below:First awardAverage fair value 27.68Expected dividends 2.45%Historic volatility (%) 34.63%Market interest rate 3.1%Expected life of the rights (years) 3.15 Exercise price (Euro) -At 31 December 2025, based on the information available, an estimated 861,473 rights were outstanding.28. Share capitalThe share capital at 31 December 2024 comprised 151,213,651 ordinary shares for a total of \u20ac226,820 thousand.During 2025 a total of 81,086 new shares were issued to service the options exercised under the \u201cStock Option Plan 2020-2027\u201d; at 31 December 2025, therefore, the share capital comprises 151,294,737 ordinary shares for a total of \u20ac226,942 thousand.29. ReservesThe details are as follows:31.12.2025 31.12.2024Share premium reserve 46,767 46,800Legal reserve 45,388 45,318Other reserves:- Extraordinary reserve 65,880 136,974- Fair value and cash flow hedge reserve 683 4,649- Stock option reserve 15,279 7,781- Treasury shares reserve (54,031) -- Currency translation reserve (35,177) 97,078- Profit (loss) carried forward 1,398,395 1,200,584Total 1,483,184 1,539,184A \u201cShare premium reserve\u201d was established following the Public Offering for Subscription, which took place upon listing on the Milan electronic stock market (now Euronext Milan) on 23 July 2001. This reserve was subsequently reduced following the demerger in favor of DeLclima S.p.A., and its value at 31 December 2024, stood at \u20ac46,800 thousand, following the exercise of options relating to the \u201c2016-2022 Stock Option Plan\u201d.During 2025, the reserve underwent a total change of \u20ac33 thousand in connection with the exer-cise of options under the \u201c2020-2027 Stock Option Plan\u201d.The \u201cLegal reserve\u201d increased by a total of \u20ac70 thousand due to the allocation of the 2024 net profit, as resolved by the Shareholders\u2019 Meeting of De\u2019 Longhi S.p.A. on 30 April 2025.The \u201cExtraordinary reserve\u201d decreased by \u20ac71,094 thousand due to the resolution regarding the allocation of the 2024 net profit, passed by the Shareholders\u2019 Meeting of De\u2019 Longhi S.p.A. on 30 April 2025, which provided for the distribution of a portion of the extraordinary reserve.The \u201cFair value and cash flow hedge reserve\u201d reports a balance of \u20ac683 thousand, net of a tax effect of \u20ac218 thousand.The change in the \"Fair value and cash flow hedge reserve\" during 2025, recognized in the state-ment of comprehensive income for the year, stems from the positive effect of the fair value measurement of hedging financial instruments (cash flow hedges) and of available-for-sale se-curities amounting to \u20ac4,921 thousand, net of a tax effect of \u20ac955 thousand.The \u201cStock option reserve\u201d refers to the share-based incentive plans named \u201c2020-2027 Stock Option Plan\u201d and \u201c2024-2026 Performance Share Plan\u201d, already described in note 27. Share-based incentive plans.At 31 December 2025, the reserve amounts to \u20ac15,279 thousand, which represents the fair value of the rights determined at the grant date, recognized on a straight-line basis over the period be-tween the grant date and the vesting date.With regard to the \u201c2020-2027 Stock Option Plan\u201d, the reserve, which amounted to \u20ac2,163 thou-sand at 31 December 2024, stands at \u20ac547 thousand at 31 December 2025, due to the options exercised during the period.Regarding the \u201c2024-2026 Performance Share Plan\u201d, the reserve, amounting to \u20ac5,618 thousand at 31 December 2024, was increased to \u20ac14,732 thousand during 2025 as a result of recognizing the related fair value on a straight-line basis over the vesting period.The \u201cTreasury shares reserve\u201d (negative \u20ac54,031 thousand at 31 December 2025) represents the value of 1,771,513 treasury shares purchased under the buy-back program, net of the shares used to cover the exercise of options.\u201cProfit (loss) carried forward\u201d includes the retained earnings of the consolidated companies and the effects of consolidation adjustments made to align with Group accounting principles and consolidation entries.The reconciliation schedule between the shareholders\u2019 equity and net result for the period of the Parent Company De\u2019 Longhi S.p.A., and the consolidated shareholders\u2019 equity and net result for the period, is summarized below:Net equity Profit for Net equity Profit for 31.12.2025202531.12.20242024De' Longhi S.p.A. financial 730,223 219,685 743,692 269,655statementsShare of subsidiaries' equity and results for period attributable to the Group, 761,871 126,338 703,451 66,337after deducting carrying value of the investmentsAllocation of goodwill arising on consolidation and related amortization and reversal of 796,168 1,740 874,890 1,481goodwill recognized for statutory purposesElimination of intercompany (64,226) (6,303) (57,920) (12,514)profitsOther adjustments 216 (40) 280 (9)Consolidated financial 2,224,252 341,420 2,264,393 324,950statementsMinority 197,801 25,095 187,652 14,213Consolidated financial 2,026,451 316,325 2,076,741 310,737statements-Group portion30. Minorities\u2019 portion of net equityThis item refers to the portion of net equity in a few Group companies not attributable, directly or indirectly, to the De\u2019Longhi Group.More in detail, minority interests emerged as a result of the La Marzocco/Eversys business combination.Following the completion of the transaction finalized on 27 February 2024, the Group controls approximately 61.6% of the new entity, while the minority interests are held by De Longhi Industri-al S.A. (approximately 26.5%) and the former minority shareholders of La Marzocco (totaling 12%).A detailed breakdown below:TotalNet opening balance 187,652Interest in net profit 25,095Changes through OCI (5,172)Dividend distribution to minority interests (9,806)Other changes in minority interests 32Net closing balance 197,801",
"dimensions": {
"concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__87": {
"value": "On 30 April 2025, the Shareholders\u2019 Meeting of De\u2019 Longhi S.p.A. approved the distribution of a dividend of \u20ac1.25 for each entitled share, according to the following schedule:\u2022 \u20ac0.83 per share as a gross ordinary dividend, with an ex-dividend date of 19 May 2025 (in ac-cordance with the Borsa Italiana calendar), a record date of 20 May 2025, and a payment date of 21 May 2025;\u2022 \u20ac0.42 per share as a gross additional dividend, with an ex-dividend date of 22 September 2025 (in accordance with the Borsa Italiana calendar), a record date of 23 September 2025, and a payment date of 24 September 2025.Total approved dividends amounted to \u20ac 186,715 thousand, of which \u20ac 186,482 thousand was paid during 2025.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDividendsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__88-1": {
"value": "26. Treasury sharesOn 19 April 2024, the Shareholders\u2019 Meeting approved the renewal - following the revocation of the previous authorization granted by shareholders - of the authorization to purchase and dis-pose of treasury shares for up to a maximum of 14.5 million ordinary shares or an amount which does not exceed one fifth of the share capital, including any shares held by the Company or any of its subsidiaries. The buyback program was approved, in accordance with the law, for a period of up to a maximum of 18 months (i.e., until 19 October 2025).On 30 April 2025, the Shareholders\u2019 Meeting again approved the renewal - following the revoca-tion of the unexecuted portion of the previous resolution - of the authorization to purchase and dispose of treasury shares up to a maximum of 14.5 million ordinary shares (not exceeding one-fifth of the share capital), extending the term for a further 18 months (i.e., until 30 October 2026).Starting from 16 January 2025, the Group announced a share buyback program under the terms authorized by the aforementioned Meetings, which concluded on 17 April 2025; for further infor-mation regarding the program, please refer to the Annual Financial Report at 31 December 2024.During 2025, as part of the share buyback program, the Group purchased 1,986,426 shares through the parent company De\u2019Longhi S.p.A. for a total amount of \u20ac60,586 thousand.During the same period, 214,913 treasury shares were used to cover the exercise of an equal number of options relating to the share-based incentive plan titled \u201c2020-2027 Stock Option Plan\u201d.As of 31 December 2025, the treasury shares held in portfolio amounted to 1,771,513 for a total value of \u20ac54,031 thousand.The \u201cTreasury shares reserve\u201d (negative \u20ac54,031 thousand at 31 December 2025) represents the value of 1,771,513 treasury shares purchased under the buy-back program, net of the shares used to cover the exercise of options.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__90": {
"value": "28. Share capitalThe share capital at 31 December 2024 comprised 151,213,651 ordinary shares for a total of \u20ac226,820 thousand.During 2025 a total of 81,086 new shares were issued to service the options exercised under the \u201cStock Option Plan 2020-2027\u201d; at 31 December 2025, therefore, the share capital comprises 151,294,737 ordinary shares for a total of \u20ac226,942 thousand.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__93": {
"value": "31. Earning per shareEarnings per share are calculated by dividing the earnings for the year by the weighted average number of the Company\u2019s shares outstanding during the period.31.12.2025Weighted average number of shares outstanding 149,785,204Weighted average number of diluted shares outstanding 149,887,738There are no significant dilutive effects as of 31 December 2025; therefore, diluted earnings per share is substantially in line with basic earnings per share (\u20ac2.11).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__94": {
"value": "32. Bank loans and borrowings\u201cBank loans and borrowings\u201d are analyzed as follows:Payable Payable Payable in Beyond five Balance Payable in Beyond five Balance within one within one 1-5 yearsyears31.12.20251-5 yearsyears31.12.2024yearyearOverdrafts 264 - - 264 11,269 - - 11,269Current bank loans and borrowings - - - - - - - -Long- term loans (short term portion) 35,613 - - 35,613 82,977 - - 82,977Bank loans and borrowings (short-term portion) 35,877 - - 35,877 94,246 - - 94,246Long- term loans - 191,166 191,166 - 227,836 152 227,988Total banks loans and borrowings 35,877 191,166 - 227,043 94,246 227,836 152 322,234No new loans were entered into during the 2025 financial year.With reference to the Parent Company\u2019s outstanding loan agreements (previously described in the Annual Financial Reports of prior years), it should be noted that all financial covenants stipu-lated in such contracts\u2014based on the ratio of net financial position to equity and adjusted EBITDA\u2014were complied with as of December 31, 2025.All major bank borrowings are at floating rates. The fair value of these loans, calculated by dis-counting projected future interest cash flows at current market rates, does not differ significantly from the carrying amount recognized in the financial statements.33. Other financial payablesThis balance, inclusive of the current portion, is made up as follows:31.12.2025 31.12.2024Private placement (short-term portion) 21,415 21,408 Negative fair value of derivatives 4,312 9,523 Other short term financial payables 14,691 44,686 Total short-term payables 40,418 75,617 Private placement (one to five years) 21,399 42,832 Negative fair value of derivatives - -Other financial payables (one to five years) - 389Total long-term payables (one to five years) 21,399 43,221 Private placement (beyond five years) 150,363 150,360 Total long-term payables (beyond five years) 150,363 150,360 Total other financial payables 212,180 269,198 The bond loan refers to the issue, placement of \u20ac150 million in unsecured, non-convertible notes with US institutional investors (the \u201cUS Private Placement\u201d) completed in 2017, and an additional \u20ac150 million placed in 2021. In both instances, the securities were issued by De\u2019 Longhi S.p.A in a single tranche. The first issue has a 10-year term, maturing in June 2027, and a weighted average life of 7 years at issuance. The notes will accrue interest from the subscription date at a fixed rate of 1.65% per annum. The notes are repaid yearly in equal instalments beginning June 2021 and ending June 2027, without prejudice to the Company\u2019s ability to repay the entire amount in advance. The second issue has a 20-year term maturing in April 2041, and has an average life of 15 years. The notes will accrue interest from the subscription date at a fixed rate of 1.18% per annum. The notes are repaid yearly in equal instalments beginning April 2031 and ending April 2041, without prejudice to the Company\u2019s ability to repay the entire amount in advance. Both issues are unrated and are not intended to be listed on any regulated markets. The issues are subject to half-yearly financial covenants consistent with those applied to other loans. At 31 December 2025 the covenants had not been breached. Neither issue is secured by collateral of any kind. \u201cNegative fair value of derivatives\u201d refers to forward contracts hedging exchange rate risk, both on foreign currency receivables and payables and on future commercial flows (anticipatory hedges).\u201cOther short term financial payables\u201d refers mainly to factoring related payables.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__96": {
"value": "35. Other provisions for non-current contingencies and chargesThese are analyzed as follows:31.12.2025 31.12.2024Agents\u2019 leaving indemnity provision 1,950 2,448Product warranty provision 51,632 47,491Provision for contingencies and other charges 25,976 25,060Total 79,558 74,999Movements are as follows:Translation difference 31.12.2024 Utilization Net accrual31.12.2025and other movementsAgents\u2019 leaving indemnity 2,448 (664) 166 - 1,950provisionProduct warranty 47,491 (21,201) 25,852 (510) 51,632provisionProvision for contingen-25,060 (4,232) 5,766 (618) 25,976cies and other charges Total 74,999 (26,097) 31,784 (1,128) 79,558The agents\u2019 leaving indemnity provision covers the payments that might be due to departing agents in accordance with art. 1751 of the Italian Civil Code, as applied by collective compensa-tion agreements in force.The product warranty provision has been established for certain consolidated companies, based on estimated under-warranty repair and replacement costs for sales taking place by 31 Decem-ber 2024. It takes account of the provisions of Decree 24/2002 and of European Community law.The \u201cProvision for contingencies and other charges\u201d includes the provision of \u20ac12,547 thousand (\u20ac15,784 thousand at 31 December 2024) for legal disputes and product complaint liabilities (lim-ited to the Group\u2019s insurance deductible), the provision of \u20ac13,429 thousand (\u20ac9,276 thousand at 31 December 2024) for the provisions made by a few subsidiaries relating to commercial risks and other charges.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__97": {
"value": "36. Trade payablesThe balance represents the amount owed by the Group to third parties for the provision of goods and services. The item does not include amounts due beyond 12 months.The De\u2019Longhi Group has offered selected suppliers the opportunity to utilize certain Supply Chain Finance (SCF) programs. These programs help suppliers optimize their financial manage-ment by reducing risk and help foster the growth of the business relationship. In these programs, the bank acts as an agent. De\u2019Longhi does not issue any type of guarantee in favor of the coun-terparty. The payment terms set out in the commercial agreements between the Group and its suppliers are independent of the suppliers\u2019 option to join the SCF program and receive payment for their invoices in advance of the due date, for an amount discounted at a rate independently agreed upon with the banking institution. The rate represents the time value of money between the discount date and the invoice due date. The De\u2019Longhi Group is required to settle the trade payables on the due date established at the time of invoicing.As 31 December 2025, trade payables for which suppliers have already received payments under the program represent a share of around 20% of the total carrying amount.37. Current tax liabilities\u201cCurrent tax liabilities\u201d refers to the Group\u2019s direct tax and, with respect to the Italian subsidiaries who adhered to the Domestic Tax Consolidation regime, the net amount owed the parent compa-ny De Longhi Industrial S.A..The Parent Company De\u2019 Longhi S.p.A. and a few of the Italian subsidiaries renewed, jointly with the consolidator De Longhi Industrial S.A., the option to adhere to group taxation, referred to as \u201cDomestic Tax Consolidation\u201d, as permitted under articles 117\u2013129 of the Consolidated Income Tax Act (TUIR) as per Presidential Decree n. 917 of 22 December 1986 and Decree of the Ministry and Finance of 1 March 2018, for the three-year period 2025 - 2027.For additional information please refer to Appendix.3. 38. Other payablesThese are analyzed as follows: 31.12.2025 31.12.2024Employees 113,540 74,174Indirect taxes 37,375 34,512Social security institutions 11,386 9,989Withholdings payables 7,901 9,076Advances 17,54 8 14,325Other taxes 5,069 5,048Other 25,543 22,852Total 218,362 169,976At 31 December 2025, the item does not include significant amounts due beyond 12 months.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__98": {
"value": "37. Current tax liabilities\u201cCurrent tax liabilities\u201d refers to the Group\u2019s direct tax and, with respect to the Italian subsidiaries who adhered to the Domestic Tax Consolidation regime, the net amount owed the parent compa-ny De Longhi Industrial S.A..The Parent Company De\u2019 Longhi S.p.A. and a few of the Italian subsidiaries renewed, jointly with the consolidator De Longhi Industrial S.A., the option to adhere to group taxation, referred to as \u201cDomestic Tax Consolidation\u201d, as permitted under articles 117\u2013129 of the Consolidated Income Tax Act (TUIR) as per Presidential Decree n. 917 of 22 December 1986 and Decree of the Ministry and Finance of 1 March 2018, for the three-year period 2025 - 2027.For additional information please refer to Appendix.3.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__99": {
"value": "39. CommitmentsThese are detailed as follows: 31.12.2025 31.12.2024Guarantees given to third parties 655 681Other commitments 2,102 4,411Total 2,757 5,092\u201cOther commitments\u201d mainly consist of contractual obligations pertaining to the subsidiaries.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__101": {
"value": "41. Hierarchical levels of financial instruments measured at fair valueThe following table presents the hierarchical levels in which the fair value measurements of fi-nancial instruments have been classified at 31 December 2024. As required by IFRS 13, the hier-archy comprises the following levels:\u2022 level 1: quoted prices in active markets for identical assets or liabilities;\u2022 level 2: inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly;\u2022 level 3: inputs for the asset or liability that are not based on observable market data.Financial instruments measured at fair value Level 1 Level 2 Level 3Derivatives with positive fair value - 6,74 3 - Derivatives with negative fair value - (4,312) - Other current financial assets and investment 54 72,541 - measured at fair valueThere were no transfers between the levels during the 2025.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__102": {
"value": "42. Risk managementThe Group is exposed to the following financial risks as part of its normal business activity:\u2022 credit risk, arising from commercial activities and from the investment of surplus cash;\u2022 liquidity risk, arising from the need to have adequate access to capital markets and sources of finance to fund its operations, investment activities and the settlement of financial liabilities;\u2022 exchange rate risk, associated with the significant amount of purchases and sales in curren-cies other than the Group\u2019s functional currency;\u2022 interest rate risk, relating to the cost of the Group\u2019s debt.Credit riskCredit risk consists of the Group\u2019s exposure to potential losses arising from failure by a counter-party to fulfill its obligations.Trade credit risk is associated with the normal conduct of trade and is monitored using formal procedures for selecting and assessing customers, for defining credit limits, for monitoring ex-pected receipts and for their recovery if necessary.Credit risk is mitigated by insurance policies with major insurers, with the aim of insuring against the risk of default by punctually performing a selection of a portfolio of customers together with the insurer, who then undertakes to pay an indemnity in the event of default.Although there is a certain concentration of risk associated with the size of some of the principal buying groups, this is counterbalanced by the fact that the exposure is spread across counter-parties operating in different geographical areas.Positions are written down when there is objective evidence that they will be partially or entirely uncollected; such writedowns are based on past data and information about the counterparty\u2019s solvency, taking account of insurance and any other guarantees as described above.The Group\u2019s maximum exposure to credit risk is equal to the book value of trade receivables before the allowance for doubtful accounts, and amounts to \u20ac358,588 thousand at 31 December 2025 and \u20ac344,494 thousand at 31 December 2024.This amount corresponds to the gross balance of trade receivables of \u20ac421,802 thousand at 31 December 2025 (\u20ac403,769 thousand at 31 December 2024), net of deductions and accounting offsets, which reduce the overall credit risk, mainly in the form of credit notes and other docu-ments not yet issued to customers.The following analysis of credit risk, carried out on the basis of receivables ageing and the re-ports used for credit management, refers to the trade balances before these deductions because the documents still to be issued cannot be specifically allocated to the ageing categories.Trade receivables of \u20ac421,802 thousand at 31 December 2025 comprise \u20ac413,719 thousand in current balances and \u20ac8,083 thousand in past due amounts, of which \u20ac8,381 thousand past due within 90 days and a negative balance of \u20ac298 thousand past due by more than 90 days related to still open commercial deductions.The amount of insured or guaranteed receivables at 31 December 2025 is \u20ac302,416 thousand.The Group has recognized \u20ac7,019 thousand in allowances for doubtful accounts against unguar-anteed receivables of \u20ac119,386 thousand.Trade receivables of \u20ac403,769 thousand at 31 December 2024 comprise \u20ac396,227 thousand in current balances and \u20ac7,541 thousand in past due amounts, of which \u20ac9,527 thousand past due within 90 days and a negative balance of \u20ac1,986 thousand past due by more than 90 days.The amount of insured or guaranteed receivables at 31 December 2024 is \u20ac287,537 thousand.The Group has recognized \u20ac8,349 thousand in allowances for doubtful accounts against unguar-anteed receivables of \u20ac116,231 thousand.It should also be noted that non-recourse receivables assigned and not yet due at the reporting date (outstanding) amount to \u20ac238,658 thousand as of December 31, 2025 (\u20ac224,851 thousand as of December 31, 2024). The total amount of receivables assigned by the Group pursuant to Law 52/1991 (Factoring Law) during the 2025 financial year (turnover) amounts to \u20ac785,669 thousand (\u20ac862,244 during 2024).As far as financial risk is concerned, it is the Group\u2019s policy to maintain a sufficiently large portfo-lio of counterparties of high international repute for the purposes of temporary investment of surplus resources or for the negotiation of derivatives.The maximum credit risk in the event of counterparty default relating to the Group\u2019s other finan-cial assets, whose classification is presented in note 40. IFRS 7 classification of financial assets and liabilities, is equal to the book value of these assets.Liquidity riskLiquidity risk is the risk of not having the fund needed to fulfil payment obligations arising from operating and investment activities and from the maturity of financial instruments.The Group uses specific policies and procedures for the purposes of monitoring and managing this risk, including:\u2022 centralized management of financial payables and cash, supported by reporting and informa-tion systems and, where possible, cash pooling arrangements;\u2022 raising of medium and long-term finance on capital markets;\u2022 diversification of the type of financing instruments used;\u2022 obtaining of short-term credit lines so as to ensure wide room for manoeuver for the purposes of managing working capital and cash flows;\u2022 monitoring of current and forecast financing needs and distribution within the Group.The Group has both medium-term bank credit lines (related to the loans disclosed in this Finan-cial Statements) and short-term credit lines (typically renewed on an annual basis), for financing working capital and other operating needs (issue of guarantees, currency transactions etc.).These credit lines, along with the significant present funds and the cash flow generated by oper-ations, are considered sufficient to satisfy the Group\u2019s annual funding requirements for working capital, investments and settlement of payables on their natural due dates.Note 40. IFRS 7 classification of financial assets and liabilities presents the book value of financial assets and liabilities, in accordance with the categories identified by IFRS 9.The following table summarizes the due dates of the Group\u2019s financial liabilities at 31 December 2025 and 31 December 2024 on the basis of contractual payments which have not been discounted.Undiscounted cash Payable within Payable in 1-5 Payable in more Undiscounted cash Payable within Payable in 1-5 Payable in more flows at 31.12.2025one yearyearsthan five years flows at 31.12.2024one yearyearsthan five years (*)Bank loans and borrowings 236,696 42,427 194,269 336,693 102,041 234,499 152 (**)Other financial payables255,234 43,085 50,644 161,505 290,828 78,291 51,032 161,505Trade payables 856,693 856,693 - - 873,139 873,139 - -Current tax payables and 308,510 308,510 - - 245,797 245,795 1 -other payables(*) The corresponding balance reported in the financial statements was \u20ac227,043 thousand at 31 December 2025 vs. \u20ac322,234 thousand at 31 December 2024 and refers to medium/long and short term bank debt.(**) The corresponding balance in the accounts is \u20ac212,180 at 31 December 2025 and \u20ac269,198 at 31 December 2024 and refers to long-term payables comprehensive of their short-term portion of the private placement.With regard to lease liabilities in accordance with IFRS 16, please refer to Note 15. Leases.Exchange rate riskIn carrying on its business, the Group is exposed to the risk of fluctuations in currencies (other than its functional one) in which ordinary trade and financial transactions are denominated. For the purposes of protecting its income statement and statement of financial position from such fluctuations, the Group adopts a suitable hedging policy that eschews speculative ends.Hedging policiesHedging is carried out centrally by a special team on the basis of information obtained from a detailed reporting system, using instruments and policies that comply with international ac-counting standards. The purpose of hedging is to protect - at individual company level - the future revenues/costs contained in budgets and/or long-term plans, trade and financial receivables/payables and net investments in foreign operations. Purpose of hedging Hedging is carried out with the following purposes:a) to hedge cash flows of budgeted or planned amounts up until the time of invoicing, with a time horizon that doesn\u2019t go beyond 24 months;b) to hedge the monetary amounts of receivables and payables originating from invoicing and financing transactions.The principal currencies to which the Group is exposed are:\u2022 the US dollar (mainly the EUR/USD and GBP/USD), being the currency in which a significant part of the cost of raw materials, parts and finished products as well as sales flows relative to the American market and MEIA are expressed;\u2022 the Japanese yen (JPY/HKD), for sales on the Japanese market;\u2022 the Australian dollar (AUD/HKD) for sales on the Australian market;\u2022 the Czech koruna and the Polish Zloty, for sales on the East Europe market;\u2022 the British Pound (EUR/GBP), for sales on the UK market;\u2022 the Renminbi (CNY/HKD) for the cost of raw materials, parts and finished products.Instruments usedHighly liquid instruments of a non-speculative nature are used, mostly forward purchase/sale agreements.The transactions are entered into with primary, well known counterparties of international stand-ing and using methods which allow for best practice execution for each transaction.Operating structure Hedging activity is centralized (except for isolated, negligible cases) under De\u2019 Longhi Capital Services S.r.l., a Group company, which intervenes on the markets on the basis of information received from the individual operating companies. The terms and conditions thus negotiated are passed down in full to Group companies so that De\u2019 Longhi Capital Services S.r.l. does not direct-ly carry derivatives for risks that are not its own. Sensitivity analysisWhen assessing the potential impact, in terms of change in fair value, of a hypothetical, sudden +/-5% change in year-end exchange rates, it is necessary to distinguish between the risk associ-ated with expected future revenues/costs and the risk associated with foreign currency assets and liabilities at 31 December 2025:(a) with regard to the risk connected to future flows (revenues/costs forecast in the budget and/or multi-year plans), at 31 December 2025 the fair value of the relative hedges were recog-nized in net equity in accordance with IAS standards as described in the section Accounting standards \u2013 Financial instruments found in these Explanatory Notes; a change of +/- 5% in the year-end exchange rates of the exposed currency is estimated to produce a change of +/ - \u20ac8.4 million before tax (+/- \u20ac1.3 million before tax at 31 December 2024). This figure would affect the income statement solely in the year in which the hedged revenues/costs materialize;(b) as for the risk associated with foreign currency assets and liabilities, the analysis considers only unhedged receivables/payables in currencies other than the functional currency of the individual companies, since the impact of any hedges is assumed to be equal and opposite to that of the hedged items. A +/- 5% change in year-end exchange rates of the principal ex-posed currencies (mainly the USD and the Renminbi) against the principal functional curren-cies would produce a change in fair value of around +/- \u20ac0.8 million before tax (+/- \u20ac1.3 million before tax at 31 December 2024).The hedging transactions at 31 December 2025 are described in the paragraph \u201cInterest rate and currency exchange hedges at 31 December 2025\u201d.Interest rate riskThe Group is exposed to interest rate risk on floating rate loans and borrowings. The same team that manages currency risks manages this risk centrally.The bonds are fixed rate, while the remainder of the Group\u2019s financial debt at 31 December 2025 was floating rate.The purpose of interest rate risk management is to assess the mismatch between financial assets and liabilities and ensure there are no significant gaps between them, which could impact borrowing costs in the event of an upward shift in the interest rate curve.Sensitivity analysis When estimating the potential impact of a hypothetical, sudden material change in interest rates (+/- 1% in market rates) on the cost of the Group\u2019s debt, only those items forming part of net finan-cial position which earn/incur interest at floating rates have been considered and not any others (meaning total net assets of \u20ac785.4 million on a total of \u20ac770.0 million in net debt at 31 December 2025 and total net assets of \u20ac727.0 million on a total of \u20ac643.2 million in net debt in 2024). It is estimated that a +/- 1% change in interest rates would have an impact of +/- \u20ac7,9 million before tax at 31 December 2025 recognized entirely in the income statement (+/- \u20ac7,3 million before tax at 31 December 2024).Interest rate and currency exchange hedges at 31 December 2025 At 31 December 2025 the Group has a number of derivatives, hedging both the fair value of un-derlying instruments and exposure to changes in cash flow.For accounting purposes, derivatives that hedge expected future cash flow are treated in accord-ance with hedge accounting as called for in IFRS 9. Derivatives that hedge foreign currency payables and receivables are reported with changes in their fair value reported in the income statement. These instruments offset the risk on the hedged item (which is a recognized asset or liability).The fair value of the outstanding derivatives at 31 December 2025 is provided below: Fair Value at 31/12/2025FX forward agreements 177Derivatives hedging foreign currency receivables/payables 177FX forward agreements 2,254Derivatives covering expected cash flows 2,254Total fair value of the derivatives 2,431Forward agreements to hedge against a change in trade flows:The following table lists the foreign exchange derivative transactions outstanding as of Decem-ber 31, 2025, entered into as anticipatory hedges for 2026 commercial cash flows:Notional amount (in thousands) Fair value (in \u20ac/000)CurrencyCurrent Current Purchases Sales TotalassetsLiabilitiesEUR/CHF* - 22,500 22,500 156 (30)EUR*/RON - 66,353 66,353 846 -EUR/USD* (1,491) 21,300 19,809 209 (11)EUR*/USD (3,300) - (3,300) 32 -EUR/AUD* - 6,870 6,870 - (24)EUR/CNY* - 58,900 58,900 - (25)EUR/THB* - 47,850 47,850 - (17)EUR/NZD* - 1,310 1,310 7 -EUR/PLN* - 130,000 130,000 - (243)EUR/GBP* - 12,180 12,180 62 (36)USD/CAD* - 44,300 44,300 125 (130)HKD/CNY* (395,000) - (395,000) 491 -AUD*/HKD - 64,000 64,000 - (495)EUR*/AUD (1,090) - (1,090) - (13)HKD/JPY* - 2,550,000 2,550,000 1,035 -HKD/KRW* - 11,000,000 11,000,000 374 (5)USD*/GBP (33,300) - (33,300) 163 (217)3,500 (1,246)* risk currencyWith reference to the aforementioned anticipatory hedging contracts covering foreign exchange risk on commercial flows, a Cash Flow Hedge Reserve has been recognized in equity. As of De-cember 31, 2025, this reserve shows a positive balance of \u20ac683 thousand, net of a tax effect of \u20ac218 thousand (as of December 31, 2024, the same reserve was positive for \u20ac4,645 thousand, net of a tax effect of \u20ac1,172 thousand).During 2025 the Group reversed to the income statement a net amount of \u20ac4,645 thousand from the positive cash flow hedge reserve at 31 December 2024.This amount was reported in the following lines of the income statement:2025 2024Increase (reduction) in revenues 7,897 (1,473)(Increase) reduction in materials consumed (2,400) 268Net financial income (expenses) 320 20Taxes (1,172) 229Total recognized in income statement 4,645 (956)Hedges against foreign currency receivables and payables:Notional amount (in thousands) Fair value (in \u20ac/000)CurrencyCurrent Current Purchases Sales TotalassetsLiabilitiesAUD*/HKD (49,600) 49,500 (100) 124 (143)AUD/NZD* - 8,290 8,290 43 -AUD*/CHF - 340 340 - (1)EUR/NZD* - 1,500 1,500 3 -EUR*/CHF (1,210) - (1,210) 1 (1)EUR/AUD* - 8,341 8,341 - (29)EUR*/AUD (330) - (330) - (2)EUR/CHF* (26,340) 16,682 (9,658) 47 (55)EUR/CZK* (23,000) 259,459 236,459 5 (29)EUR/GBP* (45,242) 12,385 (32,857) 251 (68)EUR*/GBP (1,220) 5,230 4,010 37 (4)EUR/HKD* - 8,300 8,300 - (2)EUR/CNY* (65,000) 95,500 30,500 34 (71)EUR*/HKD (9,790) 2,990 (6,800) 8 (5)EUR/HUF* (2,171,000) 2,460,016 289,016 17 (20)EUR/JPY* - 45,060 45,060 3 -EUR/MXN* (83,800) 20,000 (63,800) 20 (2)EUR/PLN* (240,400) 242,587 2,187 126 (126)EUR/RON* (486,007) 55,330 (430,677) 212 (91)EUR*/RON (57,500) 8,400 (49,100) - (102)EUR/RUB* (1,466,000) 1,533,100 67,100 452 (89)Notional amount (in thousands) Fair value (in \u20ac/000)CurrencyCurrent Current Purchases Sales TotalassetsLiabilitiesEUR/SEK* (141,894) 134,100 (7,794) 81 (69)EUR/USD* (779,103) 73,340 (705,763) 347 (1,698)EUR*/USD (230,400) 2,100 (228,300) 660 -EUR/THB* - 26,000 26,000 5 -GBP*/CHF (4,800) 220 (4,580) 23 (1)GBP/USD* (5,500) 7,100 1,600 46 (27)HKD/CNY* (694,000) 49,600 (644,400) 402 (21)HKD/JPY* (450,000) 2,051,000 1,601,000 120 (28)HKD/KRW* (1,195,000) 4,700,000 3,505,000 18 (60)HKD/MXN* - 237,000 237,000 - (49)USD/MXN* - 123,300 123,300 - (21)SGD*/HKD (10,345) - (10,345) 9 -USD*/HKD (40,000) - (40,000) 14 -USD/CAD* (7,500) 40,800 33,300 11 (106)USD*/CHF - 58,800 58,800 87 (12)CHF*/RON (810) - (810) 1 -USD*/RON (13,870) - (13,870) 16 -USD/ZAR* (24,600) 180,400 155,800 19 (133)3,242 (3,065)* risk currencyIRS (Interest Rate Swap) hedging interest rate risk on loans:As of December 31, 2025, the fair value of the derivatives\u2014measured in accordance with IFRS 13 \u2013 Fair Value Measurement\u2014hedging the interest rate of a subsidiary\u2019s loan (notional amount of \u20ac1,174 thousand), is negligible.During 2025 the Group reversed to the income statement a net amount of \u20ac4 thousand from the negative cash flow hedge reserve at 31 December 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__104": {
"value": "Liquidity riskLiquidity risk is the risk of not having the fund needed to fulfil payment obligations arising from operating and investment activities and from the maturity of financial instruments.The Group uses specific policies and procedures for the purposes of monitoring and managing this risk, including:\u2022 centralized management of financial payables and cash, supported by reporting and informa-tion systems and, where possible, cash pooling arrangements;\u2022 raising of medium and long-term finance on capital markets;\u2022 diversification of the type of financing instruments used;\u2022 obtaining of short-term credit lines so as to ensure wide room for manoeuver for the purposes of managing working capital and cash flows;\u2022 monitoring of current and forecast financing needs and distribution within the Group.The Group has both medium-term bank credit lines (related to the loans disclosed in this Finan-cial Statements) and short-term credit lines (typically renewed on an annual basis), for financing working capital and other operating needs (issue of guarantees, currency transactions etc.).These credit lines, along with the significant present funds and the cash flow generated by oper-ations, are considered sufficient to satisfy the Group\u2019s annual funding requirements for working capital, investments and settlement of payables on their natural due dates.Note 40. IFRS 7 classification of financial assets and liabilities presents the book value of financial assets and liabilities, in accordance with the categories identified by IFRS 9.The following table summarizes the due dates of the Group\u2019s financial liabilities at 31 December 2025 and 31 December 2024 on the basis of contractual payments which have not been discounted.Undiscounted cash Payable within Payable in 1-5 Payable in more Undiscounted cash Payable within Payable in 1-5 Payable in more flows at 31.12.2025one yearyearsthan five years flows at 31.12.2024one yearyearsthan five years (*)Bank loans and borrowings 236,696 42,427 194,269 336,693 102,041 234,499 152 (**)Other financial payables255,234 43,085 50,644 161,505 290,828 78,291 51,032 161,505Trade payables 856,693 856,693 - - 873,139 873,139 - -Current tax payables and 308,510 308,510 - - 245,797 245,795 1 -other payables(*) The corresponding balance reported in the financial statements was \u20ac227,043 thousand at 31 December 2025 vs. \u20ac322,234 thousand at 31 December 2024 and refers to medium/long and short term bank debt.(**) The corresponding balance in the accounts is \u20ac212,180 at 31 December 2025 and \u20ac269,198 at 31 December 2024 and refers to long-term payables comprehensive of their short-term portion of the private placement.With regard to lease liabilities in accordance with IFRS 16, please refer to Note 15. Leases.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__105-1": {
"value": "44. Transactions and balances with related partiesAppendix 3 contains the information concerning transactions and balances with related parties required by CONSOB Circulars 97001574 dated 20 February 1997, 98015375 dated 27 February 1998 and DEM/2064231 dated 30 September 2002 relating to related party transactions; all transactions fell within the Group\u2019s normal scope of operations and were settled under arm\u2019s-length terms and conditions.Transactions and balances between the parent company and subsidiaries are not reported since these have been eliminated upon consolidation.Transactions and balances with related partiesof which with of which with (\u20ac/000) 20252024related partiesrelated partiesRevenue from sales 3,74 4,642 585 3,445,635 398Other revenues 56,816 642 51,920 984Total consolidated revenues 3,801,458 3,497,555Raw and ancillary materials, consumables and goods (1,546,191) (28,818) (1,515,164) (30,231)Change in inventories of finished products and work in progress 4,594 83,484Change in inventories of raw and ancillary materials, consumables and goods 2,055 (11,342)Materials consumed (1,539,542) (1,443,022)Payroll costs (539,538) (484,707)Services and other operating expenses (1,104,072) (1,025) (996,252) (685)Provisions (29,116) (25,151)Amortization (131,045) (117,622)EBIT 458,145 430,801Net financial income (expenses) (8,139) (214) (1,427) (266)PROFIT (LOSS) BEFORE TAXES 450,006 429,374Taxes (108,586) (104,424)CONSOLIDATED PROFIT (LOSS) 341,420 324,950Profit (loss) pertaining to minority 25,095 14,213CONSOLIDATED PROFIT (LOSS) AFTER TAXES 316,325 310,737APPENDIX 3 - continuedTransactions and balances with related partiesASSETS of which with of which with 31.12.202531.12.2024(\u20ac/000)related partiesrelated partiesNON-CURRENT ASSETSINTANGIBLE ASSETS 1,223,798 1,323,326- Goodwill 636,623 694,208- Other intangible assets 587,175 629,118PROPERTY, PLANT AND EQUIPMENT 523,070 560,606- Land, property, plant and machinery 314,614 300,339- Other tangible assets 116,526 152,312- Right of use assets 91,930 107,955EQUITY INVESTMENTS AND OTHER FINANCIAL ASSETS 70,964 142,198- Equity investments 5,622 5,223- Receivables 4,999 5,721- Other non-current financial assets 60,343 131,254DEFERRED TAX ASSETS 83,601 74,177TOTAL NON-CURRENT ASSETS 1,901,433 2,100,307CURRENT ASSETSINVENTORIES 605,950 621,850TRADE RECEIVABLES 351,569 723 336,145 971CURRENT TAX ASSETS 9,011 11,341OTHER RECEIVABLES 49,302 2 52,659 412CURRENT FINANCIAL RECEIVABLES AND ASSETS 244,795 194,113CASH AND CASH EQUIVALENTS 998,448 1,019,711TOTAL CURRENT ASSETS 2,259,075 2,235,819Non-current assets held for sale - -TOTAL ASSETS 4,160,508 4,336,126APPENDIX 3 - continuedTransactions and balances with related partiesNET EQUITY AND LIABILITIES of which with of which with 31.12.202531.12.2024(\u20ac/000)related partiesrelated partiesNET EQUITYGROUP PORTION OF NET EQUITY 2,026,451 2,076,741- Share Capital 226,942 226,820- Reserves 1,483,184 1,539,184- Profit (loss) pertaining to the Group 316,325 310,737MINORITY INTEREST 197,801 187,652TOTAL NET EQUITY 2,224,252 2,264,393NON-CURRENT LIABILITIESFINANCIAL PAYABLES 430,559 505,771- Banks loans and borrowings (long-term portion) 191,166 227,988- Other financial payables (long-term portion) 171,762 193,581- Lease liabilities (long-term portion) 67,631 10,734 84,202 14,968DEFERRED TAX LIABILITIES 98,260 112,758NON-CURRENT PROVISIONS FOR CONTINGENCIES AND OTHER CHARGES 139,200 138,196- Employee benefits 59,642 63,197- Other provisions 79,558 74,999TOTAL NON-CURRENT LIABILITIES 668,019 756,725CURRENT LIABILITIESTRADE PAYABLES 856,693 12,746 873,139 9,986FINANCIAL PAYABLES 103,034 196,072- Banks loans and borrowings (short-term portion) 35,877 94,246- Other financial payables (short-term portion) 40,418 75,617 1,658- Lease liabilities (short-term portion) 26,739 4,392 26,209 4,154CURRENT TAX LIABILITIES 90,148 59,697 75,821 37,242OTHER PAYABLES 218,362 169,976TOTAL CURRENT LIABILITIES 1,268,237 1,315,008TOTAL NET EQUITY AND LIABILITIES 4,160,508 4,336,126APPENDIX 3 - continuedTransactions and balances with related partiesSummary by companyIn compliance with the guidelines and methods for identifying significant transactions, especially those with related parties covered by the De\u2019 Longhi S.p.A. rules on corporate governance, we shall now present the following information concerning related party transactions during 2025 and related balances with mainly commercial nature at 31 December 2024:Financial Income Trade and other Trade and other Financial payables (\u20ac/million) Revenues Costs(Expense)receivablespayables- IFRS 16Related companies:TCL-DE'LONGHI HOME APPL. (ZHONGSHAN) CO.LTD - 5.2 - - 1.7 -HeT-NPE EAST EUROPE SRL - 3.8 - - 1.8 -NPE SRL S.r.l. 0.5 19.9 - 0.3 9.2 -GAMMA SRL 0.7 0.8 (0.2) 0.4 - 15.1DE LONGHI INDUSTRIAL S.A - 0.2 - - 59.7Other related parties - - - - - -TOTAL RELATED PARTIES 1.2 29.8 (0.2) 0.7 72.4 15.1Following the application of IFRS 16 Leases, payables owed to Gamma S.r.l., along with the relative right-of-use assets, stemming from the leases for two locations in Italy were recognized; interest ex-penses owed for the period was also recognized. The Parent Company De\u2019 Longhi S.p.A. and a few Italian subsidiaries adhered to the national tax consolidation regime (Presidential Decree. n. 917/1986 \u2013 \u201cTUIR\u201d- articles 117 through 129, and Decree of st 1March 2018), as part of a tax group formed by De Longhi Industrial S.A. for the period 2025 \u2013 2027. The \u20ac59.7 million included in tax payables is comprised of the taxes payable by the members of the tax group through De Longhi Industrial S.A..Please, refer to the yearly \u201cAnnual Report on Remuneration and Compensation Paid\u201d for information relating to the compensation of directors and statutory auditors.APPENDIX 4",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__107": {
"value": "46. Subsequent eventsSubsequent to December 31, 2025, and up to the date of approval of this financial report, no events have occurred that could have a significant impact on the financial position and results of operations presented, as defined by IAS 10 - Events after the Reporting Period.In the days immediately preceding the date of this document, the international geopolitical sce-nario has been characterized by a significant escalation of tensions in the Middle East. These developments are identified as non-adjusting events in accordance with IAS 10.The current climate of uncertainty nonetheless requires a cautious approach, including in the preparation of economic forecasts. Indeed, it cannot be ruled out that, following an intensifica-tion of the conflict, certain logistical difficulties and a generally critical market scenario may arise. Any further deterioration of the situation could also affect future growth prospects, im-pacting the general economy and financial markets.Aside from the above, no other significant events have occurred subsequent to the end of the fi-nancial year.Treviso, 13 March 2026De\u2019 Longhi S.p.A.President and Chief Executive OfficerFabio de\u2019 LonghiAPPENDIX 1",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__109": {
"value": "Statement of consolidated cash flows in terms of net financial position(\u20ac/000) 2025 2024Net Result 341,420 324,950Income taxes for the period 108,586 104,424Amortization 131,045 117,622Net change in provisions and other non-cash items 47,661 (4,389)Cash flow generated by current operations (A) 628,712 542,607Change in assets and liabilities for the period:Trade receivables (24,427) (39,908)Inventories (10,771) (59,442)Trade payables 29,256 115,363Other changes in net working capital 38,581 26,965Payment of income taxes (117,186) (99,203)Cash flow absorbed by movements in working capital (B) (84,547) (56,225)Cash flow generated by current operations and movements in working capital (A+B) 544,165 486,382Investment activities:Investments in intangible assets (30,111) (17,841)Other cash flows for intangible assets - -Investments in property, plant and equipment (59,044) (85,637)Other cash flows for property, plant and equipment 2,493 1,570Investments in leased assets (16,845) (26,047)Other cash flows for leased assets 2,397 552Net investments in financial assets and in minority interest 295 (273)Cash flow absorbed by ordinary investment activities (C) (100,815) (127,676)Cash flow by operating activities (A+B+C) 443,350 358,706Business combination La Marzocco (D) - (326,779)Fair value and cash flow reserves (4,911) 5,408Change in currency translation reserve (59,634) 39,255Purchase of treasury shares (60,586)Exercise of stock option 5,028 12,712Dividends paid (186,715) (101,017)Dividends paid to minority interests (9,806) (7,650)Other changes with minority interests 32 -Cash flows absorbed by changes net equity (E) (316,592) (51,292)Cash flow for the period (A+B+C+D+E) 126,758 (19,365)Opening net financial position 643,235 662,600Cash flow for the period (A+B+C+D+E) 126,758 (19,365)Consolidated closing net financial position 769,993 643,235APPENDIX 3",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCashFlowStatementExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"f0__s7__6__111": {
"value": "Fees paid to the external auditorsDisclosure pursuant to art. 149-duodecies of the Consob Issuer RegulationsType of service Party performing the service Recipient Fees earned during the yearAuditing PwC S.p.A. De\u2019 Longhi S.p.A. (parent company)414PwC S.p.A. Italian subsidiaries356Network of parent company auditor Foreign subsidiaries1,632Other services PwC S.p.A. De\u2019 Longhi S.p.A. (parent company)110Network of parent company auditor De\u2019 Longhi S.p.A. (parent company)19PwC S.p.A. Italian subsidiaries59Network of parent company auditor Foreign subsidiaries553",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
"language": "it",
"entity": "scheme:8156000E09A52C4F8A38",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
}
}
}