Operational assets can be reconciled to the 2025, 2024 and 2023 balance sheets as follows:
| € millions | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operational assets |
Operational assets 2025 36,027.3 |
Operational assets 2024 34,699.5 |
Operational assets 2023 33,072.5 |
| Non-current financial assets |
Non-current financial assets 2025 12,867.3 |
Non-current financial assets 2024 14,838.1 |
Non-current financial assets 2023 11,631.6 |
| Investments accounted for under the equity method |
Investments accounted for under the equity method 2025 376.0 |
Investments accounted for under the equity method 2024 126.4 |
Investments accounted for under the equity method 2023 27.0 |
| Deferred tax assets |
Deferred tax assets 2025 962.7 |
Deferred tax assets 2024 973.3 |
Deferred tax assets 2023 921.2 |
| Other current assets |
Other current assets 2025 1,723.0 |
Other current assets 2024 1,663.8 |
Other current assets 2023 1,914.7 |
| Cash and cash equivalents |
Cash and cash equivalents 2025 9,865.0 |
Cash and cash equivalents 2024 4,052.3 |
Cash and cash equivalents 2023 4,288.1 |
| Non-allocated assets |
Non-allocated assets 2025 25,793.9 |
Non-allocated assets 2024 21,653.9 |
Non-allocated assets 2023 18,782.7 |
| TOTAL ASSETS |
TOTAL ASSETS 2025 61,821.2 |
TOTAL ASSETS 2024 56,353.4 |
TOTAL ASSETS 2023 51,855.1 |
3.1.2 Information by region
All information is presented on the basis of geographic location of the subsidiaries.
3.1.2.1. Consolidated net sales by region
WEIGHT OF NET SALES BY REGION OVER THE THREE PERIODS
This diagram presents three donut charts illustrating the weight of net sales by region over three consecutive financial years.
2025 Sales — €44,052m:
Europe: 33.7%
North America: 26.6%
North Asia: 22.9%
SAPMENA - SSA: 9.3%
Latin America: 7.4%
2024 Sales — €43,487m:
Europe: 32.7%
North America: 27.1%
North Asia: 23.7%
SAPMENA - SSA: 8.9%
Latin America: 7.6%
2023 Sales — €41,183m:
Europe: 31.6%
North America: 27.1%
North Asia: 25.9%
SAPMENA - SSA: 8.4%
Latin America: 7.1%
|
Growth (%) |
|||||
|---|---|---|---|---|---|
|
€ millions |
2025 |
Published data |
Excluding exchange effect |
2024 |
2023 |
|
Europe |
14,864.5 |
4.6% |
5.4% |
14,211.4 |
13,007.8 |
|
of which France(1) |
3,210.6 |
1.6% |
1.6% |
3,161.0 |
3,063.3 |
|
North America(3) |
11,718.1 |
(0.7%) |
3.7% |
11,805.2 |
11,147.2 |
|
North Asia(2) |
10,075.2 |
(2.2%) |
1.6% |
10,303.4 |
10,662.9 |
|
SAPMENA – SSA |
4,114.3 |
6.5% |
11.4% |
3,863.0 |
3,447.7 |
|
Latin America |
3,279.9 |
(0.7%) |
10.7% |
3,303.9 |
2,916.9 |
|
GROUP |
44,052.0 |
1.3% |
4.9% |
43,486.8 |
41,182.5 |