MedservRegis Plc

Earnings Release • Dec 14, 2023

COMPANY ANNOUNCEMENT MEDSERVREGIS P.L.C. (THE "COMPANY")

Interim report

Date of Announcement	14 December 2023
Reference	299/2023
Capital Market Rule	CMR5.16

	MedservRegis plc YTD Qtr 3 2023	MedservRegis plc YTD Qtr 3 2022
	€	€
Revenue	Million 50.3	Million 47.0
- Integrated Logistics Support Services (ILSS)	29.1	29.2
- Oil Country Tubular Goods (OCTG)	20.8	17.3
- Photovoltaic Farm	0.4	0.5
Earnings before interest, tax, depreciation and amortisation (EBITDA)	11.7	8.8
EBITDA margin in %	23.3%	18.6%

In the fiscal year up to September 2023, the company has witnessed a notable upturn in its revenues compared to the previous year. Management is reasonably confident that this positive trajectory will persist through the entire year.

Operational margins have also seen marked improvements, reflecting the Company's enhanced profitability from its core business activities. However, the adverse conditions in foreign exchange rates continue to exert a negative impact on the Company's bottom line.

During this period, both ILSS and OCTG have contributed significantly to bolstering the EBITDA margins, further reinforcing the company's overall financial performance.

Laragh Cassar Company Secretary