Piovan S.p.A.

Equities

PVN

IT0005337958

Industrial Machinery & Equipment

Real-time Borsa Italiana Other stock markets 08:06:05 2024-04-25 am EDT			5-day change	1st Jan Change
12.25 ^EUR	+0.41%		+1.66%	+14.49%

Apr. 17	Mib up; DiaSorin leads the way	AN
Apr. 16	Mid & Small" conference kicks off in London with Made in Italy champions	AN

Financial Results 9M 2021

November 12, 2021 at 04:07 am EST

9M 2021 FINANCIAL RESULTS

12th November 2021

PIOVAN GROUP AT A GLANCE

THE LEADING AUTOMATION SOLUTIONS PROVIDER FOR PLASTIC, FOOD & NON PLASTIC, SERVICES

	•	Engineering, production and
What		installation of customized
we do		automation solutions
	• Global leader in plastic and plastic


Applications		compounds
•	Growing presence in food and non
		plastic (e.g. powder ingredients)
	• Global and diversified customer base


Our		across several end-markets
customers	•	Over 4,000 customers1
	• 9 manufacturing sites in 4 continents

Global	•	31 services & sales companies
footprint		worldwide2

70 countries covered
C. 3.4% of Revenues invested in R&D
Innovation and Engineering3

DNA	• 203 dedicated employees7

	LTM Sep-2021 Key Financials

Revenues	EBITDA	Net Income	Cash Conv.4	ROCE5

€283.8m	€43.2m	€25.3m	95.4%	~55.6%
	(15.2% Margin)	(8.9% Margin)
+26.0%	+33.8%	+45.4%	0.7%
FY20-LTM Sep- 21	FY20-LTM Sep- 21	FY20-LTM Sep- 21	Recurring Capex /
Revenues

9M 2021 Revenues Breakdown6

	by Geography	by Segment	by Channel
	South		Services	Distributors
	America
North	Italy	12%	OEMs 7%
5%
America		19%		12%
18%			Food & Non

			Plastic
Asia		EMEA	11%

11%		46%	Plastic

			77%	End-
				users

81%	81%
International

Source: Company information

1In 2020 above 1.000€ T/O . 2As of Dec 2020, including 9 manufacturing sites . 3As of Jun 2021.4Defined as EBITDA - Recurring Capex / EBITDA. 5Computed as EBIT / Net Invested Capital excluding Goodwill and Put and Call Options. 6Excluding other sales & other income. 7As of Sep 2021.

OUR CORE IS PROCESS AUTOMATION FROM SILOS TO PRIMARY MACHINES…

Software

Complete Supervision, Monitoring and Control of the Production Process

Analysis

Instrumentation

Storage

Material Handling

Drying & Dehum.

Temperature Control

Dosing & Blending

Coolers

Granulators

Piovan products	5
Outside Piovan focus	1

2		6	7
4

	3
		Primary
		Machine

Automating The Whole Process From Silos To Primary Machines

Source: Company information

…SERVING A DIVERSIFIED RANGE OF END-MARKETS

Plastic

Food &

Non

Services

Consumer &

Construction &

Automotive &

Packaging

Plastic

Technical

Compounds

Industrial

As a percentage of Piovan 9M 2021 Revenues

31.6%

26.4%

11.0%

7.9%

11.0%

12.1%

Preforms - PET

Rigid

Fibers

Recycling & Compound

Medical

Thermoforming

Film

Pipes & Cables

Tech Parts

Source: Company information

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Disclaimer

Piovan S.p.A. published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 09:06:03 UTC.

Latest news about Piovan S.p.A.

Mib up; DiaSorin leads the way	Apr. 17	AN
Mid & Small" conference kicks off in London with Made in Italy champions	Apr. 16	AN
Piovan CEO divests 14,800 common shares	Apr. 10	AN
Futures up sharply; wait for BoE	Mar. 21	AN
Mib up slightly; annual high for Prysmian	Mar. 20	AN
Piovan S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 19	CI
Piovan grows in 2023, revenues and profitability improving	Mar. 19	AN
Piovan Boosts Nu-Vu Conair Stake to 51%	Feb. 15	MT
Piovan completes acquisition of 1 percent of the capital stock of Nu-Vu Conair	Feb. 15	AN
Piovan finalizes acquisition of 1 percent of Nu-Vu, now has majority stake	Feb. 15	AN
Piovan rises to 51 percent in India's Nu-Vu and signs new license agreement	Feb. 06	AN
Piovan increases profits and revenues in the first nine months of the year	Nov. 08	AN
Piovan S.p.A. Reports Earnings Results for the Nine Months Ended September 30, 2023	Nov. 07	CI
Piovan S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-12	CI
Piovan S.p.A. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-10	CI
Piovan, revenues and profit up double digits in quarter; NFP negative	23-05-10	AN
Futures in green; wait for U.S. inflation	23-05-10	AN
Mib falls over 27,300; purchases on Banco BPM	23-05-09	AN
Green squares; markets on 25 bp Fed and BoE hike	23-03-22	AN
Piovan S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-21	CI
Piovan closes 2022 with rising profit; board proposes dividend	23-03-21	AN
Europeans in the green; Saipem leads the Mib.	23-03-21	AN
Europeans up; markets divided on Fed hike	23-03-21	AN
Lists up; banks attempt recovery	23-03-20	AN
Piovan takes over some assets of Protec Polymer Processing	23-03-15	AN

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Company Profile

Piovan SpA is an Italy-based company active in the plastic machinery industry. The Company provides a wide range of products and services for a wide range of applications. Its offering includes different kinds of machineries, devices and related services for the plastic producers. Its services include Help desk, Engineering, Installation, Maintenance, and Trainings, among others. Its product's applications cover PET (polyethylene terephthalate) preforms and bottles, Rigid packaging, Automotive components, Technical parts and Medical solutions, among others. The Company is part of Piovan Group and is active globally.

Sector

Industrial Machinery & Equipment

Calendar

2024-04-29 - Extraordinary Shareholders Meeting

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

12.2 EUR

Average target price

15.4 EUR

Spread / Average Target

+26.23%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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