Esautomotion

Earnings Release • Jul 28, 2023

Informazione Regolamentata n. 20133-17-2023		Data/Ora Inizio Diffusione 28 Luglio 2023 08:59:16	Euronext Growth Milan
Societa'	:	ESAUTOMOTION
Identificativo Informazione Regolamentata	:	179686
Nome utilizzatore	:	ESAUTOMOTIONN02 - Fontana
Tipologia	:	REGEM
Data/Ora Ricezione	:	28 Luglio 2023 08:59:05
Data/Ora Inizio Diffusione	:	28 Luglio 2023 08:59:16
Oggetto	:	Esautomotion communicates some economic and financial data as June 30 th 2023
Testo del comunicato

Vedi allegato.

PRESS RELEASE

Esautomotion communicates some economic and financial data as June 30th 2023

(not audited datas)

• 1. REVENUES: 19,282 thousand euro vs. 16,713 thousand euro at June 30th , 2022 (+17%)
• 2. NET FINANCIAL POSITION Euro -9,576 thousand (positive cash equivalent) vs. Euro -10,769 thousand at 31 December 2022.

Carpi, July 28th 2023

Esautomotion S.p.A. ("Esautomotion" or the "Company"), the operating holding company of the Esautomotion Group (the "Group") active in the field of high-precision mechatronic components for industrial machines, communicates some unaudited operating data for the first six months of 2023.

COMMENTARY ON THE MAIN CONSOLIDATED RESULTS AS AT 30 JUNE 2022

Group revenues, amounting to Euro 19,282 thousand, recorded a growth of approximately 17%. compared to the first half of 2022. This growth, which already began in the second half of 2020, continued in 2021, 2022 and 2023, despite the difficulties encountered in finding components, raw materials, as well as in transports, which are characterizing the sector.

Geographically, we point out the growth of China (+19%), and Turkey (+30%), which represent the most important export markets for the Group, and Italy (+8%) still stands out.

The Consolidated Net Financial Position remained strongly positive at Euro -9,576 thousand, with a reduction of Euro 1,193 thousand compared to December 31st, 2022, due to the absorption of Working Capital to support the growth in revenues in the first half year, the payment of the 2022 dividend for Euro 1,272 thousand and the advance payment related to 2023 income Tax for Euro 800 thousand.

It should also be noted that the Company's portfolio includes 383,000 treasury shares.

Franco Fontana, President of Esautomotion: "We are satisfied with the results obtained despite the difficulties of supply, logistics and a certain increase in volatility in incoming orders.

This, even in the first half of the year, has negatively affected working capital, the company is investing to improve this situation and bring it back to the usual pre-Covid values. We maintain a good order book".

Codice ISIN: IT0005337107 Ticker: ESAU For the dissemination of regulated information, the Issuer uses the eMarket SDIR circuit managed by SPAFID Connect S.p.A. For more information Contact Euronext Growth Advisor BPER Banca S.p.A. | esautomotion@bper.it | +39 02 72749229

Investor Relations Contacts Franco Fontana | franco.fontana@esautomotion.com |+39 3770866699 * * * * *

This announcement (including the information contained herein) is neither part of an offer to the public of financial products nor a solicitation of offers to buy financial products and no offer will be made to sell such products in any jurisdiction where such offer or sale would be contrary to applicable law. This announcement does not constitute an offer for sale of financial products in the United States of America, Australia, Canada and Japan and any other jurisdiction in which such offer or sale is prohibited and may not be made or distributed, directly or indirectly, in such jurisdictions. The financial products mentioned in this release have not been and will not be registered under the United States Securities Act of 1933, as amended; such products may not be offered or sold in the United States of America without registration or an exemption from registration. The documentation relating to the offer has not been/will not be submitted for approval by CONSOB and Borsa Italia.