Strong financing
S&P RATING:
BBB Investment Grade, stable outlook
Since November 2021
NET DEBT:
€3,966M
€3,966M
as of 12/31/2025
NET DEBT TO RESTATED EBITDA RATIO:
1.98x
1.98x<sup></sup>
as of 12/31/2025
AVERAGE MATURITY OF GROSS DEBT:
3 years
3 years
as of 12/31/2025
AVERAGE COST OF GROSS DEBT:
3.85%
3.85%
as of 12/31/2025
FINANCING SOURCES DIVERSIFICATION
as of December 31, 2025
RATE TYPE POST-HEDGING
as of December 31, 2025
Financing liabilities
Documentation related to the bond issues
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