Stable NFP despite revenues decline, focus on NWC management and Capex optimization
3
H1 2023 RESULTS
HIGHLIGHTS
150
144
146
145
140
129
130
129
NET SALES
YoY Change
135
126
130
125
254,5 M€
-35,7 M€ -12,3%
120
115
(organic: -12,2%)
Q1 '22
Q2 '22
Q3 '22
Q4 '22
Q1 '23
Q2 '23
20
6.2%
6.5%
5.7%
6.0%
7.0%
5.5%
5.2%
6.0%
EBIT ADJ
YoY Change
10
9.0
9.6
7.1
7.4
6.7
7.5
4.0%
5.0%
14,2 M€
-4,4 M€
0
3.0%
5,6%
-0,9 pts
2.0%
Q1 '22
Q2 '22
Q3 '22
Q4 '22
Q1 '23
Q2 '23
EBIT
EBIT %
NFP
YoY Change
200
2
0.8
0.8
0.7
0.6
0.7
0.8
1.5
(36,8) M€
-6 M€
100
1
31
31
39
30
33
37
0.5
Leverage:~ 0,8
0
0
-0.5
-1
Q1 '22
Q2 '22
Q3 '22
Q4 '22
Q1 '23
Q2 '23
NFP
Leverage
4
INDUSTRY TREND
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Elica S.p.A. published this content on 27 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2023 14:38:05 UTC.
Elica SpA is an Italy based company operating in the kitchen hoods market. The Company has two core businesses areas: Cooking and Motors. In the first area, Cooking, the Company designs, manufactures and sells kitchen hoods for domestic use as well as manufactures household appliances and kitchens. In the second area, Motors, it designs, produces and sales electric motors for household appliances, hoods and boilers. The Company has seven plants worldwide in Italy, Poland, Mexico, India and China.