Robust mix sustained a strong start to the year

Robust mix sustained a strong start to the year net revenues of euro 1,585 million, up 10.9% versus prior year, with total shipments of 3,560 units $1flat versus q1 2023 adjusted ebit(1) of euro 442 million, up 14.8% versus prior year, with adjusted ebit(1) margin of 27.9% adjusted net profit(1) of euro 352 million and adjusted diluted eps(1) at euro 1.95 adjusted ebitda( 1 ) of euro 605 million, up 12.7% versus prior year, with adjusted ebitda(1) margin of 38.2% industrial free cash flow(1) generation of euro 321 million “the start of the year was very positive: revenues and profits recorded double-digit growth with stable deliveries. this was achieved through an even stronger product and country mix as well as a greater contribution from personalizations.
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