| (in million euros) | FISCAL 2024 | FISCAL 2023 | ||||
|---|---|---|---|---|---|---|
| PROFIT BEFORE TAX EXCLUDING SHARE OF PROFIT OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD | INCOME TAX | RATE | PROFIT BEFORE TAX EXCLUDING SHARE OF PROFIT OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD | INCOME TAX | RATE | |
| EFFECTIVE | 983 | (249) | 25.4% | 737 | (181) | 24.6% |
| Adjustments: | not-included | not-included | not-included | not-included | not-included | not-included |
| Restructuring costs | 69 | (18) | not-included | 47 | (12) | not-included |
| Impairment losses and amortization of intangible assets relating to client relationships and trademarks | 35 | (9) | not-included | 36 | (9) | not-included |
| Recognition of deferred taxes | — | (71) | not-included | — | (7) | not-included |
| Others | (45) | 77 | not-included | 60 | (17) | not-included |
| UNDERLYING | 1,041 | (270) | 26.0% | 880 | (226) | 25.7% |
