Income Statement (Summary) | |||
in € million | 2022 | 2021 | Change |
Net sales | 4,925.5 | 4,797.8 | 127.7 |
Cost of sales | - 3,967.1 | - 3,737.5 | - 229.6 |
Gross profit on sales | 958.4 | 1,060.3 | - 101.9 |
Selling, general and administrative expenses | - 497.2 | - 474.3 | - 22.9 |
Research and development expenses | - 256.4 | - 251.9 | - 4.5 |
Other operating income, net | - 7.7 | 32.8 | - 40.5 |
Operating income | 197.1 | 366.9 | - 169.8 |
Income from investments, net | 21.6 | 22.1 | - 0.5 |
Financial result | - 52.4 | - 31.9 | - 20.5 |
Income before taxes | 166.3 | 357.1 | - 190.8 |
Net income | 88.1 | 272.6 | - 184.5 |