Statements included in this presentation release that are not historical facts (including any statements concerning investment objectives, other plans and objectives of management for future operations or economic performance, or assumptions or forecasts related thereto) are forward-looking statements. These statements are only predictions and are not guarantees. Actual events or the results of our operations could differ materially from those expressed or implied in the forward- looking statements. Forward-looking statements are typically identified by the use of terms such as "may", "will", "should", "expect", "could", "intend", "plan", "anticipate", "estimate", "believe", "continue", "predict", "potential" or the negative of such terms and other comparable terminology.
The forward-looking statements are based upon our current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond our control. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, our actual results and performance could differ materially from those set forth in the forward-looking statements.
2 | INTERIM RESULTS | 2022
Key messages
Strong turnover growth to € 899.7 million (+24.0%), with organic growth at 15.7% driven by innovative technologies related to megatrends, contributing to energy transition, digitalization and automation.
Geopolitical situation, supply chain imbalances and lockdowns in China had limited negative impact on turnover.
EBITA before one-off income and expenses increased 37.0% to record level of € 115.6 million. Normalized net profit increased significantly by 42.7% to € 70.5 million.
Strong demand and orderbook give TKH a positive outlook with expected normalized net
profit to between € 136 - 144 million (2021: € 114.1 million).
The execution of our Accelerate 2025 program is well on track. Strategically important capex programs launched to increase production capacity, especially related to energy transition.
3 | INTERIM RESULTS | 2022
Content
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Highlights H1 2022
Developments per technology segment
Financial performance H1 2022
Outlook
4 | INTERIM RESULTS | 2022
HIGHLIGHTS
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TKH Group NV published this content on 16 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 07:13:29 UTC.
TKH Group N.V. (TKH) is focused on high-end innovative technologies in high growth markets. Automation, digitalization, and electrification are the key drivers for the group's innovations.
Through a combination of technologies, TKH offers superior solutions that support to increase the efficiency, safety and security of its customers. The technologies are offered together with software to create smart technologies and one-stop-shop solutions with plug-and-play integrated systems for smart connectivity (42.7% of net sales; energy connectivity and fibre optic connectivity systems for data and communication networks), smart manufacturing (30.6%) and smart vision (26.7%; machine vision and security vision systems).
Net sales are distributed geographically as follows: the Netherlands (24.6%), Europe (38.8%), Asia (19.1%), North America (13%) and other (4.5%).
TKH GROUP N.V. 
