The Company’s operating segments are reported in a manner consistent with the internal reporting provided to and regularly reviewed by the chief operating decision maker (“CODM”), the Chief Executive Officer (“CEO”), and are aligned to the four geographical hubs that the Company operates in: Americas, Europe, ASPA, and MEAI. Due to the materiality of each, ASPA and MEAI are aggregated into one reportable segment APMA (“Asia Pacific, Middle East, Africa”). As such the Company has three reportable segments – Americas, Europe and APMA. Additionally, the Company has Corporate / Other revenue and expenses, which primarily consists of non-core activities from the cosmetics and sleeping systems businesses, as well as other administrative costs that are not charged to the operating segments and realized foreign exchange gains and losses. The CODM uses the measure of adjusted EBITDA to assess operating segments’ performance to make decisions regarding the allocation of resources.

The adjustments to EBITDA relate to realized and unrealized foreign exchange gain / (loss), initial public offering ("IPO")-related costs, share-based compensation and other adjustments relating to non-recurring items.

As of March 31, 2023, the Company changed its internal reporting to the CODM to report results prepared in accordance with IFRS.

Assets and liabilities are neither reported nor reviewed by the CODM at the operating segment level.


	Three months ended June 30, 2024
(In thousands of Euros)	Americas		Europe		APMA		Total Reportable Segments		Corporate / Other			Total
Revenue		282,865		217,405		63,687		563,957		801			564,758
Adjusted EBITDA		89,922		84,220		22,139		196,281		(9,952	)		186,329
Realized and unrealized FX gains / losses													(4,157	)
Secondary offering related costs													(1,890	)
EBITDA													180,282
Depreciation and amortization													(24,809	)
Finance cost, net													(44,578	)
Profit before tax													110,895


	Three months ended June 30, 2023
(In thousands of Euros)	Americas		Europe		APMA		Total Reportable Segments		Corporate / Other			Total
Revenue		244,101		181,274		46,721		472,096		1,099			473,195
Adjusted EBITDA		88,283		65,643		15,346		169,272		(6,636	)		162,636
IPO-related costs													(5,247	)
Realized and unrealized FX gains / losses													(3,596	)
Share-based compensation expenses													(14,817	)
Other													268
EBITDA													139,244
Depreciation and amortization													(21,233	)
Finance cost, net													(26,694	)
Profit before tax													91,317


	Nine months ended June 30, 2024
(In thousands of Euros)	Americas	Europe	APMA	Total Reportable Segments	Corporate / Other	Total
Revenue	718,364	473,081	153,874	1,345,319	3,607	1,348,926
Adjusted EBITDA	234,573	165,322	49,043	448,938	(18,956)	429,982
IPO-related costs						(7,460)
Realized and unrealized FX gains / losses						(21,295)
Share-based compensation expenses						(3,591)
Secondary offering related costs						(1,890)
EBITDA						395,746
Depreciation and amortization						(72,193)
Finance cost, net						(108,017)
Profit before tax						215,536


	Nine months ended June 30, 2023
(In thousands of Euros)	Americas	Europe	APMA	Total Reportable Segments	Corporate / Other	Total
Revenue	617,452	386,044	110,042	1,113,538	3,830	1,117,368
Adjusted EBITDA	242,118	120,695	33,678	396,491	(9,474)	387,017
IPO-related costs						(14,739)
Realized and unrealized FX gains / losses						(51,350)
Share-based compensation expenses						(18,085)
Other						(5,455)
EBITDA						297,388
Depreciation and amortization						(61,807)
Finance cost, net						(81,358)
Profit before tax						154,223