Annual Report 2025

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Creating tomorrow’s solutions

Consolidated Segment Information by Region

The consolidated segment information by region includes disclosures pursuant to ESRS 2.40 and ESRS 2.42 of the sustainability reporting on strategy, business model and value chain.

January 1 to December 31

€ million

 

Germany

 

Rest of Europe

 

The Americas

 

Asia

 

Other regions

 

Consolidation

 

Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

External sales by customer location

 

923.6

 

1,296.3

 

1,015.9

 

1,915.8

 

333.7

 

 

5,485.3

External sales by Group company location

 

3,980.7

 

827.7

 

1,401.9

 

1,233.3

 

14.8

 

-1,973.1

 

5,485.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset additions1,2

 

287.6

 

67.4

 

45.6

 

63.3

 

2.0

 

 

465.9

Additions to financial assets

 

0.7

 

 

 

 

 

 

0.7

Asset additions

 

288.3

 

67.4

 

45.6

 

63.3

 

2.0

 

 

466.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets (Dec. 31)

 

8,286.8

 

2,622.3

 

1,217.1

 

1,211.1

 

11.3

 

-4,977.6

 

8,371.0

Liabilities (Dec. 31)

 

5,227.2

 

364.5

 

328.9

 

430.0

 

6.8

 

-1,742.0

 

4,615.4

Net assets (Dec. 31)

 

3,059.6

 

2,257.8

 

888.2

 

781.1

 

4.5

 

-3,235.6

 

3,755.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noncurrent assets3,4

 

2,694.1

 

373.6

 

553.3

 

707.4

 

5.3

 

 

4,333.7

Research and development expenses

 

214.9

 

1.4

 

19.0

 

15.4

 

 

-36.1

 

214.6

Employees (Dec. 31)
(ESRS 2.40a iii)

 

10,749

 

1,139

 

1,873

 

2,639

 

67

 

 

16,467

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

External sales by customer location

 

907.4

 

1,305.7

 

1,066.3

 

2,114.2

 

328.2

 

 

5,721.8

External sales by Group company location

 

4,131.9

 

846.0

 

1,462.0

 

1,317.4

 

14.5

 

-2,050.0

 

5,721.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset additions1,2

 

470.4

 

48.5

 

64.9

 

124.6

 

1.0

 

 

709.4

Additions to financial assets

 

0.5

 

 

 

 

 

 

0.5

Asset additions

 

470.9

 

48.5

 

64.9

 

124.6

 

1.0

 

 

709.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets (Dec. 31)

 

8,937.2

 

2,581.1

 

1,675.6

 

1,364.0

 

12.5

 

-5,160.5

 

9,409.9

Liabilities (Dec. 31)

 

4,845.5

 

351.2

 

405.6

 

499.0

 

7.6

 

-1,536.0

 

4,572.9

Net assets (Dec. 31)

 

4,091.7

 

2,229.9

 

1,270.0

 

865.0

 

4.9

 

-3,624.5

 

4,837.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noncurrent assets3,4

 

3,044.5

 

443.1

 

732.8

 

762.6

 

4.9

 

 

4,987.9

Research and development expenses

 

204.1

 

4.5

 

19.4

 

15.1

 

 

-39.4

 

203.7

Employees (Dec. 31) (ESRS 2.40a iii)

 

10,657

 

1,113

 

2,062

 

2,736

 

69

 

 

16,637

1

Intangible assets; property, plant and equipment; investment property; excluding right-of-use assets.

2

Due to a change in accounting policy, emission certificates are presented under intangible assets (€11.5 million; prior year: €43.4 million). Previously, they were presented under inventories. Further details can be found in the section “Changes in accounting policies”.

3

Noncurrent assets as per IFRS 8 (excluding financial instruments, deferred tax assets and post-employment benefits).

4

Due to a change in accounting policy, emission certificates are presented under intangible assets (€66.5 million; prior year: €88.1 million). Previously, they were presented under inventories. Further details can be found in the section “Changes in accounting policies”. The segment information by region is an integral part of the Notes to the consolidated financial statements. For explanations of the key indicators, see Note 22.