CIR S.p.A. - Compagnie Industriali Riunite (BIT:CIR)

BIT:CIR Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,805	1,821	1,792	2,227	1,962	1,822
Revenue Growth (YoY)	-0.29%	1.64%	-19.54%	13.47%	7.72%	-8.98%
Cost of Revenue	881.24	905.17	938.6	1,273	1,066	985.97
Gross Profit	923.83	915.92	853.04	953.46	896.52	835.84
Selling, General & Admin	600.64	600.63	586.04	637.49	594.14	560.64
Other Operating Expenses	45.3	45.1	34.25	61.83	49.38	30.51
Operating Expenses	816.43	817.84	792.3	911.6	863.99	809.64
Operating Income	107.4	98.08	60.74	41.86	32.53	26.2
Interest Expense	-48.93	-57.9	-58.91	-47.36	-43.8	-51.7
Interest & Investment Income	26.38	32.98	22.07	11.82	14.65	5.61
Earnings From Equity Investments	0.08	0.08	0.04	0.01	0.03	-0.26
Currency Exchange Gain (Loss)	-5.97	-0.41	-1.17	-0.55	3.52	-6.31
Other Non Operating Income (Expenses)	-9.72	-7.12	-6.59	-8.07	-6.57	-4.8
EBT Excluding Unusual Items	69.23	65.71	16.18	-2.28	0.35	-31.25
Merger & Restructuring Charges	-0.89	-1.86	-3.92	0.59	-7.06	-27.32
Gain (Loss) on Sale of Investments	9.72	13.37	1.75	-11.09	12.08	19.78
Gain (Loss) on Sale of Assets	1.86	1.74	0.02	0.61	4.76	9.01
Other Unusual Items	0.23	2.05	9.76	40.82	50	-
Pretax Income	80.14	81.02	23.79	28.65	60.13	-29.78
Income Tax Expense	24.54	24.29	11.2	13.02	13.13	9.12
Earnings From Continuing Operations	55.6	56.73	12.59	15.63	46.99	-38.9
Earnings From Discontinued Operations	-10.24	143.37	54.32	-0.73	-24.45	60.33
Net Income to Company	45.37	200.1	66.92	14.9	22.54	21.43
Minority Interest in Earnings	-13.01	-67.92	-34.12	-15.16	-4.56	-5.12
Net Income	32.36	132.18	32.79	-0.26	17.98	16.31
Net Income to Common	32.36	132.18	32.79	-0.26	17.98	16.31
Net Income Growth	-75.69%	303.08%	-	-	10.22%	-
Shares Outstanding (Basic)	975	1,060	1,065	1,090	1,189	1,174
Shares Outstanding (Diluted)	982	1,067	1,071	1,094	1,194	1,180
Shares Change (YoY)	-7.27%	-0.37%	-2.18%	-8.37%	1.24%	70.39%
EPS (Basic)	0.03	0.12	0.03	-0.00	0.02	0.01
EPS (Diluted)	0.03	0.12	0.03	-0.00	0.02	0.01
EPS Growth	-73.91%	304.89%	-	-	8.65%	-
Free Cash Flow	91.07	76.74	47.03	70.79	90.31	283.34
Free Cash Flow Per Share	0.09	0.07	0.04	0.07	0.08	0.24
Gross Margin	51.18%	50.30%	47.61%	42.82%	45.68%	45.88%
Operating Margin	5.95%	5.39%	3.39%	1.88%	1.66%	1.44%
Profit Margin	1.79%	7.26%	1.83%	-0.01%	0.92%	0.90%
Free Cash Flow Margin	5.04%	4.21%	2.63%	3.18%	4.60%	15.55%
EBITDA	145.77	181.55	232.76	255.85	253	245.17
EBITDA Margin	8.08%	9.97%	12.99%	11.49%	12.89%	13.46%
D&A For EBITDA	38.37	83.47	172.02	213.99	220.47	218.97
EBIT	107.4	98.08	60.74	41.86	32.53	26.2
EBIT Margin	5.95%	5.39%	3.39%	1.88%	1.66%	1.44%
Effective Tax Rate	30.62%	29.98%	47.08%	45.45%	21.84%	-

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.