Monetizing Innovation and Financial Reconciliation slide image

Monetizing Innovation and Financial Reconciliation

Profit and loss statement IFRS reported figures, all figures in EURm Q2 2023 Q2 2022 H1 2023 HY 2022 Revenues Gross profit Gross margin (IFRS reported) Gross margin (adjusted¹)) Research and development 851 1,183 1,778 2,429 201 348 411 733 24% 29% 23% 30% 28% 32% 29% 32% -118 -151 -265 -313 Selling, general and administrative -108 -157 -250 -313 Other operating income 27 160 42 163 Other operating expenses -1,324 17 -1,341 -14 Results from investments in associates -2 -1 -10 -1 Result from operations (EBIT) -1,324 216 -1,413 256 EBIT margin (IFRS reported) -155% 18% -79% 11% EBIT margin (adjusted¹)) Net financing result Result before tax 6% 9% 6% 9% -25 -50 -57 -100 -1,349 166 -1,471 156 Income tax result Net result (IFRS reported) Net result (adjusted¹)) 7 -108 -5 -82 -1,342 58 -1,476 74 31 -54 37 48 58 1) Excluding M&A-related, transformation and share-based compensation costs as well as results from investments in associates and sale of businesses amu OSRAM
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