Biesse — Investor Presentation 2021

Jun 10, 2021

Italian Stock Market Opportunities

Paris virtual edition

Company Presentation

10 June2021

SALES BREAKDOWN

	d W oo	las G & s	l To ing o	ha M ic tro ec n s	Co ts mp on en	l E is ion s		W te es rn		Ea te s rn	h No t r	f he Re t o t s	ly I ta
		S to ne						Eu ro p e	Ap ac	Eu ro p e	Am ica er	W
I Q 2 0 2 1	0 % 7	8 % 1	2 %	% 1 5	% 4	-8 %	I Q 2 0 2 1	0. % 5 1	3. % 1 5	6. 6 % 1	3 % 1 7.	2. % 5	6. % 1 1
2 0 2 0 F Y	7 1. 1 %	1 7. 9 %	2. 1 %	1 2. 4 %	2. 6 %	-6 1 %	F Y 2 0 2 0	4 9. 9 %	1 2. 0 %	1 6. 3 %	1 8. 8 %	3. 0 %	1 5. 8 %
I Q 2 0 2 0	7 4. 4 0 %	1 5. 4 %	2. 2 %	1 2. 5 %	2. 8 %	-7 3 %	I Q 2 0 2 0	4 5. 4 %	1 2. 4 %	1 9. 7 %	1 9. 9 %	2. 6 %	1 3. 8 %
F Y 2 0 1 9	% 7 1. 8	% 1 8. 3	% 1. 8	% 1 1. 9	% 2. 8	% -6 7	F Y 2 0 1 9	% 4 6. 9	% 1 3. 6	% 1 3. 7	% 2 1. 5	% 4. 2	% 1 6. 2

IQ 2021 RESULTS

FIRST QUARTER RESULTS

I Q 2 0 2 1
l i da d Co Ne Re te t ns o ve nu es	1 6 1. 4
E B I T D A	2 0. 5	% le 1 2. 7 on sa s
E B I T	1 1. 3	le 7. 0 % on sa s
f Ne Pr i t t o	6. 8	le 4. 2 % on sa s
l Ne F in ia Po i io t t an c s n (wit hou ts) IFR S16 im t pac	( ) 8 2. 1 i ive t p os
I Q 2 0 2 0
l da d Co i Ne Re te t ns o ve nu es	1 4 7. 7
E B I T D A	1 2. 4	le 8. 4 % on sa s
E B I T	5. 4	le 3. 6 % on sa s
f i Ne Pr t t o	2. 1	% le 1. 4 on sa s
l Ne F in ia Po i io t t an c s n (wit hou ts) IFR S16 im t pac	0. 0
Q 2 0 9 I 1
l da d Co i Ne Re te t ns o ve nu es	1 6 9. 0
E B I T D A	1 8. 9	le 1 1. 2 % on sa s
E B I T	0. 1 7	le 6. 3 % on sa s
f Ne Pr i t t o	5. 6	le 3. 3 % on sa s
in ia l i io Ne F Po t t an c s n (wit hou ts) IFR S16 im t pac	( ) i ive 9. 9 t p os		4

FIRST QUARTER RESULTS

200

16.0%

EXTRACTOF THE P&L

€/m ln	2 0 F Y 1 5	2 0 6 F Y 1	2 0 F Y 1 7	2 0 8 F Y 1	2 0 9 F Y 1	2 0 2 0 F Y	Q 2 0 1 9 I	Q 2 0 2 0 I	Q 2 0 2 1 I
l N t e s a e s 1 e a r - y	5 1 9 2 1. 5 % +	6 1 9 1 9. 1 % +	6 9 0 1 1. 6 % +	7 4 1 7. 4 % +	7 0 5. 9 -4 8 %	5 7 8. 8 -1 8. 0 %	9. 0 1 6	1 4 7. 7	1 6 1. 4 9. 3 % +
b h d L & O a o u r v e r e a	2 3 5 4 8. 7 %	3 0 1 4 8. 7 %	3 3 5 4 8. 6 %	3 9 5 4 8. 5 %	3 0 5 4 9. 6 %	2 8 3. 3 4 9. 0 %	8 8. 8 5 2. 5 %	7 7. 4 5 2. 4 %	8 1. 0 5 0. 2 %
E B I T D A %	6 4 1 2. % 4	7 6 1 2. 3 %	8 9 1 3. 0 %	9 3 1 2. % 5	7 6. 7 1 0. 9 %	5 6. 0 9. % 7	1 8 9 1 1 2 %	1 2 4 8 4 %	2 0 5 1 2 7 %
E B I T %	4 4 8. % 4	5 5 8. 9 %	6 7 9. % 7	6 8 9. % 1	3 9. 6 % 5. 6	1 4. 8 2. % 6	1 0 7 6 3 %	5 4 3 6 %	1 1 3 7 0 %

SALES & EBITDA MARGIN

NET DEBT

8 #### OPERATIVE NET WORKING CAPITAL

ORDERS INTAKE

BACKLOG

GROUP ORDERS INTAKE& BACKLOG

IQ 2021 Group orders Intake +57.2% vs Mar 20 (+19.2% vs Mar 2019)

IQ 2021 Group orders backlog +18.6% vs Dec 20 & +34.0% vs Mar 2020 (+13.4% vs Mar 2019)

STAFF DISTRIBUTION

EMPLOYEES DISTRIBUTION

	20 12 FY	20 13 FY	20 FY 14	20 FY 15	20 FY 16	20 FY 17	20 18 FY	20 19 FY	20 20 FY	IQ 20 21
I T A L Y f l % o tot a le pe op	1, 6 4 6 59 %	1, 5 4 7 57 %	0 1, 6 5 56 %	8 0 1, 7 56 %	2, 0 0 9 70 %	2, 1 7 6 57 %	2, 8 3 4 59 %	2, 8 4 1 62 %	2, 3 8 3 6 3 %	2, 3 6 5 6 2 %
O S U T I D E I T A L Y % o f l tot a le pe op	1, 1 3 6 % 41	1, 1 4 8 % 43	1, 2 7 6 % 44	1, 3 9 6 % 44	1, 6 0 9 % 44	1, 6 7 0 43 %	1, 7 4 4 41 %	1, 5 0 9 38 %	1, 3 8 0 3 6 %	1, 1 4 7 3 8 %
T O T A L	2, 7 8 2	2, 6 9 5	2, 8 8 1	3, 1 7 6	3, 6 1 8	3, 8 4 6	4, 2 2 7	3, 9 2 7	3 7 6 3	3, 8 3 5

interim people at the end of March 2021: 331

total4,166

	FY 20 20	IQ 20 21	%
Pr du ion ct o	1, 3 2 4	1, 4 0 8	6. 3 4 %
fte les Se ice & A Sa rv r	9 6 2	9 7 3	1. 1 4 %
& R D	4 7 8	4 7 0	-1 6 7 %
Sa les & Ma ke ing t r	6 3 7	6 5 1	2. 2 0 %
G & A	3 2 6	3 3 3	-8 0 % 1
I T A L Y	2, 3 8 3	2, 3 6 5	-0 7 6 %
O U T S I D E I T A L Y	3 8 0 1,	0 1, 4 7	2 % 6. 5
T O T A L	3, 7 6 3	3, 8 3 5	1. 9 1 %
Au Asi a ada Can U.S .A.	Ch ina s/ NZ	Ind ia	dle Mid -Ea st

EMPLOYEESDISTRIBUTION

(without interim people)

	F Y 2 0 1 2	F Y 2 0 1 3	F Y 2 0 1 4	F Y 2 0 1 5	F Y 2 0 1 6	F Y 2 0 1 7	F Y 2 0 1 8	F Y 2 0 1 9	F Y 2 0 2 0	I Q 2 0 2 1
d i P t r o c o n u f l p le % to ta o eo p	1, 2 6 4 % 45	1, 1 7 5 % 44	1, 2 0 1 % 42	1, 3 3 5 % 42	1, 4 8 2 % 41	1, 4 9 4 % 39	1, 6 2 1 % 38	1, 3 8 6 % 35	1, 3 2 4 3 5 %	1, 4 0 8 3 % 7
f l S i & A t e r v c e e r s a e f % l p le to ta o eo p	5 7 4 21 %	3 6 1 22 %	2 8 6 22 %	9 0 6 22 %	8 0 3 22 %	8 9 4 23 %	0 0 1, 1 24 %	9 9 2 25 %	9 6 2 26 %	9 7 3 2 % 5
R & D f l p le % to ta o eo p	3 3 8 % 12	3 2 1 % 12	3 6 1 % 13	3 8 3 % 13	4 3 6 % 12	4 7 9 5% 12,	5 0 1 % 12	4 8 2 % 12	4 7 8 13 %	4 7 0 1 2 %
l k S & M i t a e s a r e n g f l p le % to ta o eo p	3 6 4 % 13	3 5 1 % 13	4 3 9 % 15	4 9 5 % 15	5 8 7 % 16	6 4 1 % 17	7 1 5 % 17	6 8 5 % 17	3 6 7 17 %	6 5 1 1 7 %
G & A f % l p le to ta o eo p	2 2 4 9%	2 3 5 9%	2 2 5 9%	2 3 7 9%	3 0 1 8, 5%	3 3 8 8, 8%	3 8 9 9%	3 8 2 10 %	3 2 6 10 %	3 3 3 9 %
I T A L Y f l p le % tot o a eo p	1, 6 4 6 % 59	1, 5 4 7 % 57	1, 6 0 5 % 56	1, 7 8 0 % 56	2, 0 0 9 % 56	2, 1 7 6 % 56	2, 4 8 3 % 59	2, 4 1 8 % 62	2, 3 8 3 63 %	2, 3 6 5 6 2 %
O U T S I D E I T A L Y % f l p le tot o a eo p	1, 1 3 6 41 %	1, 1 8 4 43 %	1, 2 6 7 44 %	1, 3 9 6 44 %	1, 6 0 9 44 %	1, 6 7 0 44 %	1, 7 4 4 41 %	1, 5 0 9 38 %	1, 3 8 0 37 %	1, 4 7 0 3 8 %
T O T A L	2, 7 8 2	2, 6 9 5	2, 8 8 1	3, 1 7 6	3, 6 1 8	3, 8 4 6	4, 2 2 7	3, 9 2 7	3, 7 6 3 1 4	3 8 3 5 ,

SHAREHOLDERS

(breakdown)

Board of Directors

€/MIL SHAREHOLDERS BREAKDOWN BY OWNERSHIP &B.O.D.

Biesse B.o.D.:

5.02%

2.27%

1.52%

1.49%

1.48%

Roberto Selci (C.E.O.)

Massimo Potenza (co C.E.O.)

Alessandra Baronciani

Rossella Schiavini

• Federica Ricceri
• Ferruccio Borsani

Amundi Asset Management

Goldman Sachs Asset Management

Allianz Global Investors Gmbh

Lazard Freres Gestion

Norges Bank

source: Reuters

DISCLAIMER

• This presentation has been prepared independently by Biesse S.p.A. and can be used only during meetings with investors and financial analysts. It's solely for information purposes and it may contain statements regarding future financial performances and Company's expectations
• Even if Biesse takes care that the information contained in the document have the requirements of reliability, correctness and newness, Biesse is not responsible for the content processed by third parties and content indicated in this Document. No liability is accepted by or on behalf of Biesse for any errors, omissions or inaccuracies contained in this presentation.
• Any forward looking statements are not guarantees of future performances and is related only of the date of this document. They are based on the Group's current state of knowledge, future expectations and projections about the future events. By their nature they are subject to inherent risks and uncertainties.
• Further information concerning the Group results, including factors that could materially affect the Company itself (i.e. IFRS) will be included and detailed in the Financial Statement of the Group.
• For further details on the Biesse S.p.A. reference should be made to publicly available information. including the Quarterly Reports, the Half Annual Report, the Annual Reports and the Three Years Business Plan.
• Any reference to past performance of the Biesse S.p.A. shall not be taken as an indication of future performance.
• This document does not constitute an offer or invitation to purchase or subscribe for any shares and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.
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