BORSA ITALIANA - STAR segment

PRESS RELEASE

TRADING UPDATE

THE RECORD ORDER ACQUISITION IN 2021, EQUAL TO 503 M€

(+56% compared to 2020 and +23% compared to 2019),

LEADS THE GROWTH OF REVENUES (406 M€) AS OF 31/12/2021

AND BACKLOG (215 M€) AS OF 01/01/2022

******

Collegno (TO), January 19, 2022 - Prima Industrie S.p.A, in view of the meetings with investors organized by Mediobanca within the "Italian Mid Cap Conference" on January 19-20, 2022, announces that the order acquisition for the fourth quarter of year 2021 amounted to 158 million euro, so bringing the order collection of the full year 2021 to a record level of 503 million euro (up 56% compared to 2020 and up 23% compared to 2019) . The increase was equal to 75% for the orders of new machines and to 15% for after-sales activities.

In particular, from the order collection geographic breakdown in the last months of 2021, a significant recovery in Italy emerged (approximately +150% of orders for new machines), where demand was also supported by tax incentives allowing the gradual replacement of obsolete machinery as well as the process of factories digitization.

In Europe, in general, the increase in orders for new machines was approximately 100%, while in the AMERICAS and APAC areas was equal to 50%.

The increase was mainly driven by the sheet metal and automotive sectors while the aerospace sector only showed the first signs of recovery in the last part of the year.

The preliminary turnover for 2021 financial year amounts to approximately 406 million euro, up by 22% compared to 333 million euro at 31/12/2020.

In light of the excellent order collection, the year 2022 opens with a significant backlog (not including after sales services), equal to 215 million euro (+72.5% compared to 1/1/2021), which allows the Group to start with confidence the year just begun and to confirm the targets set within the industrial plan for 2023.

"The manager in charge of preparing the corporate accounting documents, Marco Pintauro, declares pursuant to paragraph 2 of article 154 bis of the Consolidated Law on Finance that the accounting information contained in this press release corresponds to the documentary results, books and accounting records".

PRIMA INDUSTRIE heads a Group leader worldwide in developing, manufacturing and marketing of laser systems for industrial applications, sheet metal processing machinery as well as industrial electronics, laser sources and solution for additive manufacturing.

The parent company Prima Industrie S.p.A. is listed on the Italian Stock Exchange since 1999 (MTA- STAR segment).

With over 40 years of experience, the Group has an installed base of about 14,000 machines in more than 80 countries and is positioned among the main worldwide manufacturers within its own reference market.

The Group has about 1,700 employees, manufacturing sites in Italy, Finland, USA and China and a direct commercial and after-sale presence worldwide.

Prima Industrie Group is structured on four Business Units:

Prima Power- development, production and marketing of laser and sheet metal processing (2D and 3D laser machines, laser drilling systems, punching and combined systems, bending and paneling systems);

Prima Electro- development, production and marketing of embedded electronics for industrial applications; Convergent Photonics- development and production of diodes and laser sources, both industrial and medical;

Prima Additive- development, production and marketing of additive manufacturing solutions with Powder Bed Fusion and Laser Metal Deposition technologies.

For further information:

PRIMA INDUSTRIE S.p.A.

STUDIO MAILANDER

Chiara Roncolini

Carlo Dotta

Investor Relator

Ufficio Stampa

tel. 011 4103204

tel. 011 5527311 mob. 333 2306748

ir@primaindustrie.com

c.dotta@mailander.it

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Prima Industrie S.p.A. published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 09:08:02 UTC.