Exclusive Networks – First Quarter 2024 Financial Update - Seite 2

Q1-23

Q1-24

Variation

Reported

Constant Currency*

EMEA

925

1,009

+9%

+10%

AMERICAS

140

141

+1%

+2%

APAC

115

105

-9%

-6%

GROUP

1,180

1,255

+6%

+7%

* Variation at constant currency is computed using Q1-23 rates applied to Q1-24 Gross sales. The USD, GBP and PLN evolved as follows: 1EUR: 1.086 USD; 1EUR: 0.856 GBP, 1EUR: 4.332 PLN respectively for Q1-24 and 1EUR: 1.073 USD; 1EUR: 0.883 GBP, 1EUR: 4.709 PLN respectively for Q1-23.

IFRS Revenue

in € million	Q1-23	Q1-24	Variation
			Reported	Constant Currency*
EMEA	291	298	+2%	+3%
AMERICAS	53	57	+7%	+9%
APAC	54	38	-29%	-27%
GROUP	399	393	-1%	-0%

* Variation at constant currency is computed using Q1-23 rates applied to Q1-24 IFRS Revenue.

Gross sales were €1,255 million, an increase of 6.4% year over year on a reported basis (up 7% at constant currency). The majority of this growth (3.8%) was driven by existing vendor relationships in geographies where we already operate. The balance of our growth came from vendor expansion, partly through the expansion of existing vendors into new geographies (0.9%) and partly from new vendor relationships (0.7%) and also through M&A (1.0%).