Eurotech S p A : Earnings Call - Q3 2022

2022 nine months results

INVESTORS LIVE STREAMING

PRESENTATION

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#2

Q3

financial highlights

organic double-digit growth confirmed: 9 months revenues scoring +32.8% YoY, +26.8% net of forex effect

2M€ orders not delivered due to lack of components

Gross Profit Margin improving 370bps in Q3 vs Q2, from 44.2% to 47.9%; +700bps vs Q1

good EBITDA in Q3 allowing to fully recover H1 negative result

cash flow impacted by increase in inventory in Q3 to secure production for next quarters

#3

line of sight

order Backlog for the year allowing visibility @87M€ w/o InoNet

InoNet adding 4-5M€ to FY22 revenues	@87M€
Q4 sales > Q3 sales
Q4 still growing double digit YoY organically
GPM normalizing to "typical" level in Q4

#4

business

update

#5