Trevi Fin Industriale

Earnings Release • May 25, 2023

Informazione Regolamentata n. 0262-29-2023		Data/Ora Ricezione 25 Maggio 2023 17:56:07	Euronext Milan
Societa'	:	TREVI GROUP
Identificativo Informazione Regolamentata	:	177503
Nome utilizzatore	:	TREVIN04 - Sala
Tipologia	:	REGEM
Data/Ora Ricezione	:	25 Maggio 2023 17:56:07
Data/Ora Inizio Diffusione presunta	:	25 Maggio 2023 17:56:08
Oggetto	:	THE TREVI GROUP WAS AWARDED ORDERS AND CONTRACTS FOR A THE BEGINNING OF THE YEAR	TOTAL OF EURO 216.2 MILLION SINCE
Testo del comunicato

Vedi allegato.

THE TREVI GROUP WAS AWARDED ORDERS AND CONTRACTS FOR A TOTAL OF EURO 216.2 MILLION SINCE THE BEGINNING OF THE YEAR

Cesena, May 25th, 2023 - Trevi S.p.A., the division of the Trevi Group specialised in deep foundations and geotechnical works, and Soilmec S.p.A., the mechanical engineering division of the Trevi Group that designs and manufactures equipment for ground engineering, in line with the positive trend of the previous year, have been awarded, in the first four months of 2023, orders and contracts for a total of Euro 216.2 million. Thanks to these acquisitions, the Group's order backlog amounted to Euro 591 million at April 2023.

"In addition to the Trevi acquisitions and the Soilmec orders that have consolidated our Group's order backlog", stressed Giuseppe Caselli, CEO of the Trevi Group, "we are working, with good prospects, on other interesting development opportunities both in Italy and abroad."

Some of the most recent acquisitions include projects in Italy and the Middle East.

In Italy, Trevi S.p.A. has recently signed a contract for the execution of the foundation works for the new Railway Link in Florence. This is the urban section of the new HS/HC line that will run underground with two parallel tunnels for approximately 7 kilometres.

In Milan, Trevi will be working on behalf of Evd Milan - a company belonging to the Cts Eventim Group, listed on the Frankfurt Stock Exchange - on the piling works for the construction of the new Santa Giulia Arena, a multi-purpose facility that will host hockey competitions during the Milan-Cortina 2026 Olympic Games.

In Sicily, Trevi will work for the MCT consortium ("Messina-Catania northern lot" consortium), which was awarded by Rfi the "Fiumefreddo-Taormina Lot 2" of the railway doubling on the Messina-Catania section.

New acquisitions were also made in the Middle East.

In Saudi Arabia, Trevi Arabian Soil Contractor, the local subsidiary of the Trevi Division, will carry out the foundation works for the construction of the new DoubleTree by Hilton Jeddah King Abdullah Square Hotel and Suites.

In Kuwait, the Trevi's subsidiary will carry out the foundation works for the CMA Tower, the new headquarters of the Capital Market Authority (the body that supervises the financial stability of the Kuwait Stock Exchange, the oldest in the Gulf region).

Finally, in the U.A.E., Swissboring Overseas, a subsidiary of Trevi, will be involved, on behalf of the MAG Group, a real estate company, in the foundation works for the Keturah Resort, destined to become, with villas, flats and hotels, one of the largest wellness centres in the world.

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About Trevi Group:

Trevi Group is a worldwide leader in the field of soil engineering (special foundations, soil consolidation, recovery of polluted sites), in the design and marketing of specialized technologies in the sector.

The Group was established in Cesena in 1957; it has around 70 companies and, with its dealers and distributors, is present in 90 countries. Internationalization, integration and the continuous exchange between its two divisions are among the reasons for the success of the Trevi Group: Trevi, which carries out special foundations and soil consolidation works for large infrastructure projects (subways, dams, ports and docks, bridges, railway and highway lines, industrial and civil buildings) and Soilmec, which designs, manufactures and markets machinery, systems and services for underground engineering.

The parent company Trevi – Finanziaria Industriale S.p.A. (TreviFin) has been listed on the Milan stock exchange since July 1999. Trevifin is listed on Euronext Milan that supersedes the old term MTA, as a result of the market rebranding activities that followed the acquisition of Borsa Italiana by Euronext N.V.

For further information:

Investor Relations: Massimo Sala - e-mail: investorrelations@trevifin.com

Group Communications Office: Franco Cicognani - e-mail: fcicognani@trevifin.com - T. +39 0547 319503

Press Office: Mailander Srl - T. +39 011 5527311

Carlo Dotta – T. +39 3332306748 - c.dotta@mailander.it

Federico Unnia - T. +39 3357032646 – federico.unnia@libero.it ***