10. Taxes / Deferred Income Taxes

In the first six months, income tax expenses of EUR 13,035 thousand (H1 2023: income tax expenses of EUR 11,593 thousand) were recorded on a positive result before income taxes of EUR 28,038 thousand (H1 2023: positive result before income taxes of EUR 29,930 thousand). The tax rate for the first six months of 2024 was 46.5% (H1 2023: 38.7%).

The above-average tax rate is mainly due to the non-recognition of deferred tax assets on loss carryforwards.