NCF ≥ 2023 in value Net debt/Adjusted EBITDA ratio ≤ 1.9x at Dec. 31, 2024 On track to power 2025 ambition (as presented at Capital Markets Day in November 2022) Sales of c. €30bn Operating margin > 7% of sales NCF of 4% sales Net debt/Adjusted EBITDA ratio < 1.5x at Dec. ...