Consensus and Analyst Coverage

Consensus

(Eur m)FY 2025FY 2026

Revenues

YoY Growth

3,065

-1.4%

3,188

+4.0%

EBIT Reported

Margin %

868

28.3%

908

28.5%

Net Income

Margin %

594

19.4%

625

19.6%

Last update: 3 February 2026

Consensus numbers are based on the average estimates of all the broker houses listed below.

Analyst Coverage

BrokerAnalystContact

Banca Akros

Carmen Novel

Bank of America

Daria Nasledysheva

Barclays

Carole Madjo

Berenberg

Nick Anderson

Bernstein

Luca Solca

CICC

Liwei Hou

Citi

Thomas Chauvet

CLSA

Chris Gao

Deutsche Bank

Adam Cochrane

Equita SIM

Paola Carboni

Exane BNP Paribas

Melania Grippo

HSBC

Anne-Laure Bismuth

Intermonte SIM

Andrea Randone

Intesa Sanpaolo

Oriana Cardani

Jefferies

James Grzinic

JP Morgan

Chiara Battistini

Kepler Cheuvreux

Charles-Louis Scotti

Mediobanca

Chiara Rotelli

Morgan Stanley

Edouard Aubin

ODDO BHF

Jean Danjou

RBC Capital Markets

Piral Dadhania

Rothschild & Co Redburn

Emily Cooledge

Santander

Mariano Szachtman

UBS

Chris Huang

Analyst Coverage

Buy
39%
Hold
61%
Sell
0%