COMPANY PRESENTATION

Conference Call

Q1 2024 Financial results

May 16th , 2024

DISCLAIMER

2

Certain statements in this slide show, including those addressing the Company's beliefs, plans, objectives, estimates or expectations of possible future results or events, are forward-looking statements. Forward-looking statements involve known or unknown risks, including general economic and business conditions, and conditions in the industry we operate and may be affected should our assumptions turn out to be inaccurate. Consequently, no forward-looking statement can be guaranteed and actual future results, performance, or achievements may vary materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation about the contents nor to update the forward-looking statements to reflect events or circumstances that may arise after the date hereof.

INCOME STATEMENT - Q1 2024

3

Euro '000

31/03/23

%

31/03/24

%

Var. %

unaudited

unaudited

Medical

96.812

60,0%

91.704

61,3%

-5,3%

Industrial

64.543

40,0%

57.812

38,7%

-10,4%

Revenues

161.355

100,0%

149.516

100,0%

-7,3%

Gross margin

61.123

37,9%

62.400

41,7%

2,1%

Operating Expenses

14.066

8,7%

15.914

10,6%

13,1%

Staff espenses

26.123

16,2%

27.269

18,2%

4,4%

EBITDA

20.934

13,0%

19.217

12,9%

-8,2%

Depr., amort., accruals

3.902

2,4%

4.901

3,3%

25,6%

EBIT

17.032

10,6%

14.316

9,6%

-15,9%

Net financ.income(charges)

(459)

-0,3%

187

0,1%

Other income (expense) net

36

0,0%

(107)

-0,1%

EBT

16.608

10,3%

14.396

9,6%

-13,3%

31/12/23

31/03/24

unaudited

Net financial position

54.586

46.148

Cash Flow - Q1 2024

4

9 mln

10 mln

5 mln

Revenue Breakdown by Business

5

-13%

Medical: -5%

+4%

+7%

-5%

-15%

in Euro million

-5%

+24%

Industrial: -10%

+12%

Revenue Breakdown by Area

6

in Euro million

-5%

+0%

-24%

+32%

-46%

-5%

2024 Guidance

7

Revenue 2024 > Revenue 2023

EBIT 2024 > EBIT 2023

CONTACTS

El.En. S.P.A.

Enrico Romagnoli

Investor Relations Manager

tel. +39 055-8826807E-mail:finance@elen.it

POLYTEMS HIR

Financial Communication, IR and Press Office

Bianca Fersini Mastelloni - b.fersini@polytemshir.it

Silvia Marongiu - s.marongiu@polytemshir.it

Tel. +39 06-69923324

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El.En. S.p.A. published this content on 16 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 May 2024 08:49:09 UTC.