Group revenue grew to €4,822.5M (+6.0%) with EBIT margin expanding 90 bps to 16.8%. Growth was driven by Cloud subscriptions and disciplined pricing in Services.
Management Report Chapter 1.2
1.2 Results of Operations
Owner: A. Rao·In review
Revenue, EBIT and margin analysis vs. prior year.
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Selected financial data
bound to Group Reporting query · Snapshot #47| € millions | FY2026 | FY2025 | Δ % |
|---|---|---|---|
| Revenue | 4,822.5 | 4,548.1 | +6.0% |
| EBIT | 812.3 | 731.7 | +11.0% |
| Net income | 612.4 | 548.2 | +11.7% |
Narrative
AI redlineDrafting Agent · GenAI Hub v2026-06
The uplift was principally due to broad-based demand across all product lines. The uplift was principally driven by Cloud subscriptions (+€38M, ACDOCA drill-down), partially offset by an FX headwind of €6M; Services and Licences were broadly flat.
Segment performance is discussed in Note 3.2. Reconciliation of MPMs to the most directly comparable IFRS totals is provided in Note 3.1, in line with new IFRS 18 requirements.