AI assistant
Antares Vision — Earnings Release 2022
Aug 10, 2022
4255_iss_2022-08-10_dcd4ae25-0fa0-4a37-9fd9-cb79200637a0.pdf
Earnings Release
Open in viewerOpens in your device viewer
PRESS RELEASE
ANTARES VISION GROUP: 1H 2022 PRELIMINARY RESULTS ORDERS +31%; REVENUES €86M, +13.3%
Travagliato (Brescia), 10 August 2022 – Antares Vision S.p.A., (EXM, AV:IM) Italian multinational, leading provider in Track & Trace systems and quality control, which guarantee the transparency of products and supply chains through integrated data management, announces today its 1H 2022 unaudited preliminary results with net consolidated revenues of Euro 85.5 milion, up 13% YoY (+10% YoY excluding M&A contribution) and orders increasing by 31% YoY.
Emidio Zorzella, Chairman and Co-CEO of Antares Vision Group, commented: "In the first half of 2022 Antares Vision Group recorded an important increase both in terms of sales and orders despite several challenges: the continuing health emergency, difficulties in procuring electronic components, higher logistics costs and the ongoing conflict in Ukraine. We were able to continue our growth thanks to the strength of our business vision, as an innovation and digitalization enabler, representing a valid option to meet markets, supply chains, governments and institutions needs, consistent with the consumer trends. Also based on 1H22 orders up 31%, we are confident in confirming FY22 revenues guidance, with an increase in Net Consolidated Sales between +12% and +18% on FY 2021 stated numbers, excluding acquisitions executed during the year".
In 1H 2022, the Life Science business area reached 61% (+15% YoY) of total net consolidated revenues, while the FMCG business area (Fast-Moving Consumer Goods, as food, beverage, cosmetics) was 39% (+10% YoY). At business model level, in 1H 2022, the significant growth posted in Services and SaaS (together +73% YoY) strengthens the positioning of Antares Vision Group in data management through digital innovation; these recurring revenues, with higher profit margins, now represent 44% of total turnover vs. 28% achieved in 1H 2021 and against 31% in FY2021.
Antares Vsion S.p.A. will release its 1H 2022 results on 7 September and a conference call will take place the same day at 6 p.m.
ABOUT ANTARES VISION GROUP
Antares Vision Group is an outstanding technology partner in digitalization and innovation for companies and institutions, guaranteeing the safety of products and people, business competitiveness as well as environmental protection. The Company provides a unique and comprehensive ecosystem of technologies to guarantee product quality (inspection systems and equipment) and end-to-end product traceability (from raw materials to production, from distribution to the consumer) through integrated data management, applying artificial intelligence and blockchain technology. The Antares Vision Group is active in Life Science (pharmaceutical, biomedical devices and hospitals) and in FMCG (Fast-Moving Consumer Goods). As a world leader in Track & Trace solutions for pharmaceutical products, the Company provides major global manufacturers (over 50% of the top 20 multinationals) and numerous government authorities with solutions, monitoring their supply chains and validating product authenticity. Listed since April 2019 on the Italian Stock Exchange in the AIM (Alternative Investment Market) segment, and from 14 May 2021 in the STAR segment of the MTA (Mercato Telematico Azionario), Antares Vision Group recorded a turnover of €179 million in 2021, operates in 60 countries, employs more than 1000
PRESS RELEASE
people and has a consolidated network of over 40 international Partners. Further information please visit www.antaresvision.com and www.antaresvisiongroup.com.
For further information
ANTARES VISION GROUP ALESSANDRO BAJ BADINO HEAD OF INVESTOR RELATIONS TEL.: +39 030 72 83 500 E-MAIL: [email protected]
DAVIDE ANTONIOLI INVESTOR RELATOR +39 030 7283500 E-MAIL: [email protected]
PRESS CONTACTS AXELCOMM FEDERICA MENICHINO CELL. +39 3496976982 E-MAIL: [email protected]