Income Statement (Summary) | |||
in € million | 2020 | 2019 | Change |
Net sales | 4,042.3 | 3,898.0 | 144.3 |
Cost of sales | - 3,222.6 | - 3,138.1 | - 84.5 |
Gross profit on sales | 819.7 | 759.9 | 59.8 |
Selling, general and administrative expenses | - 441.9 | - 440.1 | - 1.8 |
Research and development expenses | - 226.2 | - 222.4 | - 3.8 |
Other operating income, net | 4.7 | 51.3 | - 46.6 |
Operating income | 156.3 | 148.7 | 7.6 |
Income from investments, net | 18.7 | 13.3 | 5.4 |
Financial result | - 16.9 | - 26.3 | 9.4 |
Income before taxes | 158.1 | 135.7 | 22.4 |
Net income | 107.1 | 96.3 | 10.8 |