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Esautomotion
Earnings Release • Feb 19, 2025
4392_bfr_2025-02-19_4be92ce6-6030-47fd-88fb-4143da9efbcc.pdf
Earnings Release
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| Informazione Regolamentata n. 20133-4-2025 |
Data/Ora Inizio Diffusione 19 Febbraio 2025 16:04:24 |
Euronext Growth Milan | |
|---|---|---|---|
| Societa' | : | ESAUTOMOTION | |
| Identificativo Informazione Regolamentata |
: | 201534 | |
| Utenza - Referente | : | ESAUTOMOTIONN02 - Fontana Franco | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 19 Febbraio 2025 16:04:24 | |
| Data/Ora Inizio Diffusione | : | 19 Febbraio 2025 16:04:24 | |
| Oggetto | : | Communication of some consolidated management data as at 31 December 2024 |
|
| Testo del comunicato |
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PRESS RELEASE
Esautomotion communicates some economic and financial data
as of December 31, 2024
REVENUES FROM SALES EURO 27.3 MILLION
CASH POSITIVE NET FINANCIAL POSITION
EURO 4.7 MILLION
(unaudited data)
- REVENUES: Euro 27.3 million vs. Euro 35.7 million as of December 31, 2023. The result was affected by the reduction in investments in production assets generated by pessimism towards the global economic and geopolitical scenarios.
- NET FINANCIAL POSITION: for Euro - 4.7 million (positive cash) vs. Euro -3.5 million as at 30 September 2024.
Carpi, 19 February 2025
Esautomotion S.p.A. ("Esautomotion" or the "Company"), the operating holding company of the Esautomotion Group (the "Group") active in the sector of high-precision mechatronic components for industrial machinery, announces certain unaudited consolidated management data for the year ended 31.12.2024.
COMMENTS ON THE MAIN CONSOLIDATED RESULTS AS AT 31 DECEMBER 2024
Group Revenues, amounting to Euro 27.3 million, recorded a reduction compared to 2023, equal to approximately -23.5% but indicate an improvement in the negative trend compared to the first months of 2024. In fact, cumulative revenues for the first nine months were down by -27% compared to the same period of the previous year. Revenues in the fourth quarter significantly reduced the annual global gap to -23.5%.
The Consolidated Net Financial Position of Euro -4.7 million (positive cash) improved by € 0.8 million compared to the values of the third quarter of 2024 considering the mature ordinary operating management.
It should also be noted that the Company's portfolio includes 213,000 treasury shares for a value of approximately Euro 541 thousand at the price of February 18, 2025.
Gianni Senzolo, CEO of Esautomotion: "The last quarter of 2024 shows an improvement compared to the previous 12-15 months. However, it is still premature to say that there is a turnaround in the markets. We believe that efforts and investments to acquire new customers and markets globally, along with some increased customer optimism and perhaps some signs of geopolitical problem solving, can lead to a significantly better 2025 than 2024."
ISIN code: IT0005337107
Ticker: ESAU For the dissemination of regulated information, the Issuer uses the eMarket SDIR circuit managed by Teleborsa For more information Contact Euronext GrowthAdvisor illimity Bank S.p.A. | [email protected] | T: +39 02 82849699 | Via Soperga 9 – 20124 Milano (MI)
Contact Investor Relations
Franco Fontana | [email protected] | T: +39 3356415302 | Via della Meccanica 23/1 – 41012 Carpi (MO) | * * * * *
This announcement (including the information contained herein) does not constitute an offer to the public of any securities products or a solicitation of an offer to purchase any securities and an offer to sell such products will not be made in any jurisdiction in which such offer or sale would be contrary to applicable law. This announcement does not constitute an offer to sell securities 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 published or distributed, directly or indirectly, in such jurisdictions. The securities referred to in this announcement have not been and will not be registered under the Securities Act of the United States of America of 1933, as amended; these products may not be offered or sold in the United States of America without registration or an exemption from the application of registration obligations. The documentation relating to the offer has not been/will not be submitted for approval by CONSOB and Borsa Italia.