ANTARES VISION GROUP
1Q 2023 Financial Results
11 MAY 2023
Disclosure
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1Q 2023 RESULTS
HIGHLIGHTS
HIGHLIGHTS
1Q 2023: DOUBLE-DIGIT GROWTH IN SALES & NEW ORDER INTAKE
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Consolidated Sales Increased +22% YoY
Registering a strong growth in Smart Data/SaaS
(+55% YoY) and America (+60% YoY)
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New Orders Growth +11% YoY
All Technological Solutions (Inspection, Track & Trace, and Smart Data) showing a YoY increase, with T&T (L1-L4) recording a + 16.3% YoY
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REVENUES BY TECHNOLOGICAL SOLUTION
Technological Solutions
In early May, during Interpack 2023, we presented DIAMIND, the integrated ecosystem of solutions to power products and supply chains, enabling a data-driven and tailored journey to digital innovation.
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In 1Q 23 all technology solutions showed significant growth
Particularly noteworthy is the strong growth of Smart Data, which
recorded an 87% YoY increase in the first quarter of the year
Life Science segment: +19%, with a double-digit growth of
Track & Trace (+24%) and Smart Data (+86%)
Inspection: -32% due to a delay in the delivery of some machines and different seasonality in a multi-year contract with a relevant Italian industrial group
In FMCG sector: +27%, significant growth recorded in both
Inspection (+42%) and Smart Data (+91%)
Drop in T&T is related to a major deliveries in Russia in 2022 not yet
replicated
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Antares Vision S.p.A. published this content on 11 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2023 15:53:01 UTC.