FOR THE HALF YEAR ENDED 30 SEPTEMBER

In thousands of euros		2025		2024
Revenue		56.801		56.812
Cost of Materials		(30.045)		(28.947)
Contribution Margin		26.756		27.865
Personnel Expenses	(12.561)		(12.847)
Amortization and Impairments	(4)		(3)
Depreciation and Impairments	(1.817)		(1.586)
Other Operating Expenses	(9.642)		(8.653)
Total Operating Expenses		(24.024)		(23.089)
Operating Result		2.732		4.776
Finance Income	50		143
Finance Expenses	(29)		(34)
Finance Income and Expenses		21		109
Result before Income Tax		2.753		4.885
Income Tax		(655)		(1.426)
Net Result		2.098		3.459
Attributable to:
Shareholders of the Company		2.098		3.459
Net Result		2.098		3.459
Earnings per Share attributable to Shareholders of
the Company in Euros
Basic Earnings per Share		2,44		4.02
Diluted Earnings per Share		2,44		4,02
		2,		1,02

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

In thousands of euros		2025	2024
Net Result		2.098	3.459
Items that may be reclassified subsequently to profit or loss: Exchange Differences on Translation of Foreign Operations	(2.146)	(1.205)
Other Comprehensive Income, net of tax		(2.146)	(1.205)
Total Comprehensive Income		(48)	2.254
Attributable to: Shareholders of the Company Total Comprehensive Income		(48) (48)	2.254 2.254

AS AT 30 SEPTEMBER

In thousands of euros	2025	2024	In thousands of euros	2025	2024
Non-Comment Asserts			Fit-
Non-Current Assets			Equity
Intangible Assets	11	19	Share Capital	1.953	1.953
Property, Plant and Equipment	23.854	23.645	Share Premium Reserve	1.219	1.219
Right-of-Use Assets	784	928	Translation Reserve	(1.779)	(511)
Deferred Tax Assets	1.899	1.393	Other Reserves	57.120	58.451
	26.548	25.985	Total Equity	58.513	61.112
Current Assets			Non-Current Liabilities
Inventories	18.730	17.412	Lease Liabilities	403	515
Trade and Other Receivables	17.283	15.726	Employee Benefits	784	485
Current Income Tax Receivables	434	680	Deferred Tax Liabilities	51	156
Cash and Cash Equivalents	10.484	15.865	Provisions	-	42
	46.931	49.683		1.238	1.198
			Current Liabilities
			Trade and Other Payables	13.193	12.688
			Lease Liabilities	375	318
			Current Income Tax Liabilities	146	116
			Employee Benefits	14	236
			Other Provisions	-	-
				13.728	13.358
Total Assets	73.479	75.668	Total Equity and Liabilities	73.479	75.668

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE HALF YEAR ENDED 30 SEPTEMBER

In thousands of EUR	Share Capital	Share Premium Reserve	Translation Reserve	Other Reserves	Total Equity

As at 31 March 2024	1.953	1.219	721	57.563	61.456
Net Result	_	-	_	3.459	3.459
Other Comprehensive Income			(1.232)	26	(1.204)
Total Comprehensive Income	-	-	(1.232)	3.485	2.253
Dividends Paid	-	-	-	(2.597)	(2.597)
As at 30 September 2024	1.953	1.219	(511)	58.451	61.112
As at 31 March 2025	1.953	1.219	367	60.915	64.454
Net Result	-	-	-	2.098	2.098
Other Comprehensive Income		-	(2.146)	_	(2.146)
Total Comprehensive Income	-	-	(2.146)	2.098	(48)
Dividends Paid				(5.893)	(5.893)
As at 30 September 2025	1.953	1.219	(1.779)	57.120	58.513

In thousands of euros	2025	2024	In thousands of euros	2025	2024
Operating Result	2.732	4.776	Cash Flow from Investing Activities
Adjustments for:			Purchases Intangible Assets	_	22
Amortization/Impairments Intangible			Proceeds Sale Property, Plant and Equipment	-	27
Assets	4	3	Purchases Property, Plant and Equipment	(2.455)	(1.031)
Depreciation/Impairments Property,			Net Cash from Investing Activities	(2.455)	(982)
Plant and Equipment	1.474	1.339
Depreciation Righ-of-Use Assets	343	247	Cash Flow from Financing Activities
Gains/Losses on Sale Property, Plant and			Dividends Paid	(5.893)	(2.597)
Equipment			Lease Liabilities Repayments	(298)	(271)
Changes in Provisions	(203)	(71)	Net Cash from Financing Activities	(6.191)	(2.868)
Changes in Working Capital
Change in inventories	(1.702)	(2.423)	Cash and Cash Equivalents as at 1 April	20.598	18.523
Change in receivables	474	1.081	Exchange Rate and Translation Differences
Change in Liabilities	(2.378)	(2.202)	on Cash and Cash Equivalents	(862)	(491)
Exchange Rate Differences	-	_	Cash and Cash Equivalents as at 30 September	10.484	15.865
Cash Flow from Operating Activities	744	2.750
Income Tax Paid	(1.372)	(1.176)
Finance Income	50	143
Finance Expense	(29)	(34)
Net Cash from Operating Activities	(606)	1.683

Segments 2025	EMEIA	Americas	Asia	NV	Total
Revenue	31.506	21.020	4.275	_	56.801
Depreciation, Amortization and Impairments	(1.145)	(435)	(183)	(58)	(1.821)
Operating Result	1.286	1.233	275	(62)	2.732
Financial Income	(117)	22	27	118	50
Financial Expenses	(15)	(7)	-	(7)	(29)
Income Tax	(279)	(308)	(79)	11	(655)
Net Result	875	940	223	60	2.099
Non-current Assets	15.772	5.892	2.302	2.582	26.548
Current Assets	23.957	14.867	6.366	1.741	46.931
Liabilities	7.541	4.682	1.220	1.523	14.966
Total Investments	970	1.137	246	102	2.455
Average Number of Employees (in FTE)	205	94	92	23	414

Segments 2024	EMEIA	Americas	Asia	NV	Total
	00.440	04.007	4.500		50.040
Revenue	30.416	21.887	4.509	_	56.812
Depreciation, Amortization and Impairments	(917)	(455)	(195)	(22)	(1.589)
Operating Result	1.760	2.209	392	415	4.776
Financial Income	-	25	83	35	143
Financial Expenses	(26)	(8)	-	-	(34)
Income Tax	(306)	(533)	(109)	(478)	(1.426)
Net Result	1.182	1.692	366	219	3.459
Non-current Assets	16.011	5.305	2.389	2.280	25.985
Current Assets	19.759	19.592	9.688	644	49.683
Liabilities	7.328	4.176	1.586	1.466	14.556
Total Investments	899	61	71	-	1.031
Average Number of Employees (in FTE)	191	89	93	21	394