Consolidated statement of profit or loss

**Consolidated statement of profit or loss**
€ thousand	Note	2025	2024
Revenue from contracts with customers	3.1	449,880	383,116
Cost of sales	3.2.1	−267,325	−231,231
Gross profit		182,555	151,885

Marketing and distribution costs	3.2.2	−60,833	−54,177
Research and development costs	3.2.3	−25,692	−21,295
Administrative costs	3.2.4	−38,682	−33,378
Other income	3.2.5	18,957	25,115
Other expenses	3.2.6	−14,318	−19,843
Impairment gains (losses) on financial assets	7.2.2	151	−354
Operating result		62,137	47,954

Financial income	3.2.7	1,171	361
Financial expenses	3.2.7	−3,275	−3,984
Financial result		−2,105	−3,624

Earnings before taxes		60,032	44,330

Income taxes	13	−8,308	−10,566

Result for the period		51,724	33,764

Profit/loss for the period attributable to:
Owners of Pfisterer Holding SE		51,183	32,183
Non-controlling interests	5.5	541	1,581
Result for the period		51,724	33,764

Earnings per share:	8.4
Non-diluted earnings per share		3.04	2.21
Diluted earnings per share		3.04	2.21