Interpump S p A : Presentazione agli analisti (Inglese) - Risultati Q3/Primi Nove Mesi 2021

O321

Third Quarter 2021 and Nine-Month Consolidated Results Interpump Group S.p.A.

Table of Contents

Welcome! Our Q3 2021 & 9M 2021 Results start on page	2
New to the company and could use an Introduction? See page	8
Our yearly update on Markets and Diversification is on page	16
More information on Growth Strategy and Recent M&A on page	20
You will find Shareholder Information on page	27
Some useful time series are included in the Appendix on page	29

Disclaimer

This document has been prepared by Interpump Group S.p.A for use during meetings with investors and financial analysts and is solely for information purposes. The information set out herein has not been verified by an independent audit company.

Neither the Company nor any of its subsidiaries, affiliates, branches, representative offices (the "Group"), as well as any of their directors, officers, employees, advisers or agents (the "Group Representatives") accepts any responsibility for/or makes any representation or warranty, express or implied, as to the accuracy, timeliness or completeness of the information set out herein or any other related information regarding the Group, whether written, oral or in visual or electronic form, transmitted or made available.

This document may contain forward-looking statements about the Company and/or the Group based on current expectations and opinions developed by the Company, as well as based on current plans, estimates, projections and projects of the Group. These forward-looking statements are subject to significant risks and uncertainties (many of which are outside the control of the Company and/or the Group) which could cause a material difference between forward-looking information and actual future results.

The information set out in this document is provided as of the date indicated herein. Except as required by applicable laws and regulations, the Company assumes no obligation to provide updates of any of the aforesaid forward- looking statements.

Under no circumstances shall the Group and/or any of the Group Representatives be held liable (for negligence or otherwise) for any loss or damage howsoever arising from any use of this document or its contents or otherwise in connection with the document or the aforesaid forward-looking statements. This document does not constitute an offer to sell or a solicitation to buy or subscribe to Company shares and neither this entire document or a portion of it may constitute a recommendation to effect any transaction or to conclude any legal act of any kind whatsoever.

This document may not be reproduced or distributed, in whole or in part, by any person other than the Company. By viewing and/or accepting a copy of this document, you agree to be bound by the foregoing limitations.

FINANCIALS

Q3 2021 Highlights

€373.5mn Consolidated Sales

Organic growth mostly driven by Hydraulics; Water-Jetting back to pre-pandemic revenues

23.7% EBITDA Margin

Inflation in raw materials well under control

Strong cash generation despite organic growh

• 37.5 mn Free Cash Flow

with a further € 32.3 mn reductionin net debt

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FINANCIALS

Q2 2021 Consolidated Results

• mn

		Q321
	Q3 20	y/y
Organic growth in sales			+17.9%
FX contribution			+0.7%
Increase in perimeter			+0.1%
TOTAL REPORTED SALES	314.7	373.5	+18.7%
EBITDA	76.0	88.6	+16.6%
EBITDA / SALES	24.2%	23.7%
NET INCOME	39.5	50.1	+26.7%
Tax rate	26.1%	25.9%
NET DEBT (as at 30/9)	310.7	174.4	- 136.3 mn
COMMITMENTS FOR PURCHASE OF SUBSIDIARIES	58.0	62.4	+ 4.4 mn
TREASURY SHARES (as at 30/9)	1,770,006	2,348,625

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FINANCIALS

9M 2021 Consolidated Results

• mn

		9M21
	9M 20	y/y
Organic growth in sales			+22.3%
FX contribution			-0.9%
Increase in perimeter			+0.6%
TOTAL REPORTED SALES	954.2	1,154.6	+21.0%
EBITDA	215.3	281.9	+31.0%
EBITDA / SALES	22.6%	24.4%
NET INCOME*	103.0	178.4	+73.2%
Tax rate*	26.7%	18.2%
NET INCOME (adjusted)		158.3	+53.7%
Tax rate		27.4%
*Includes a € 20.1mn one-off fiscal benefit from the step-up of trademarks for tax purposes in 2021
NET DEBT (as at 30/9)	310.7	174.4	- 136.3 mn
COMMITMENTS FOR PURCHASE OF SUBSIDIARIES	58.0	62.4	+ 4.4 mn
TREASURY SHARES (as at 30/9)	1,770,006	2,348,625

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