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Mare Engineering Group Earnings Release 2025
6591_rns_2025-07-31_82b6be82-2cb9-419f-b30b-217bfea796c5.pdf
Earnings Release
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PRESS RELEASE
MARE GROUP INFRASTRUCTURE&BUILDING: MOMENTUM IN JULY LA SIA AT THE CORE OF PROJECTS WORTH OVER €8 MILLION
- NEW CONTRACTS FOR GROUPINGS LED BY LA SIA
- LA SIA'S SHARE NEARLY €6 MILLION
Salerno, July 31, 2025
Mare Group S.p.A. (ticker MARE.MI), an engineering company listed on Euronext Growth Milan and active in Italy and abroad in innovation through enabling technologies ("Mare Group," the "Company" or the "Group"), announces that La SIA S.p.A. ("La SIA"), a Mare Group subsidiary, currently the subject of a voluntary exchange tender offer set to close on August 8, and active in the engineering & design sector, has been awarded contracts during the month of July worth over €8 million (within temporary groupings with other companies), of which approximately €5.78 million are attributable to La SIA. Revenues of more than €400,000 are expected to be recognized as early as 2025 (estimate).
Specifically, the tenders include:
- A €6.3 million framework agreement for site supervision and support services on the construction sites of a leading national energy operator, awarded to a temporary grouping formed with Ingeo Progetti (La SIA share: 60%);
- Three new contracts in the real estate and sports sectors, awarded to a temporary grouping led by La SIA, for a total value of €3.5 million, with La SIA's share amounting to approximately €2 million. The projects include construction supervision for the 2026 Mediterranean Games stadium, design and supervision of sports facilities for social inclusion, and the renovation of public buildings in the Apulia region.
These results confirm the effectiveness of the synergies generated by La SIA's entry into Mare Group at the beginning of 2025, which enabled the company to strengthen its market position and gain access to projects of greater value and strategic relevance.
Maurizio Ciardi, CEO and Chairman of La SIA S.p.A., stated: "We are pleased to see how quickly the integration with Mare Group is bearing fruit on multiple levels, both in terms of business and financial results. La SIA is now recognized as a more solid and structured company, capable of competing for higher-level tenders. This represents a turning point in our history."
Antonio Maria Zinno, CEO of Mare Group, commented: "La SIA's integration into the Group has already produced tangible results, expanding our scope in strategic areas such as energy, infrastructure, and urban regeneration. La SIA's contribution to the order book confirms the strength of our growth strategy and the effectiveness of our industrial aggregation model."
This press release is available on the Company's website at www.maregroup.it/investor-relations and on the authorized regulated information dissemination and storage system at .
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The Company
Founded in 2001, Mare Group is an engineering company listed on Euronext Growth Milan with a model based on proprietary technological platforms. With more than 2,000 clients, a team of over 500 people, and 25 operational and commercial offices across 5 countries, Mare Group is a key player in the innovation ecosystem. The Group's strong ability to integrate complementary resources and technologies is demonstrated by significant investments in R&D and the 16 acquisitions completed since 2019, followed by subsequent mergers, which have expanded the product portfolio and strengthened market presence.
Contact Info
Issuer: Mare Group S.p.A. Gennaro Tesone (Investor Relations Manager) Via Ex Aeroporto SNC, 80038 Pomigliano d'Arco T. +39 081 803 6677 – E-mail [email protected]
Euronext Growth Advisor: illimity Bank S.p.A. Via Soperga 9, 20124 Milano T. +39 0282849699 – E-mail [email protected] Investor & Media Relations Advisor: IRTOP Consulting Via Bigli, 19 - 20121 Milano T. +39 0245473883 – E-mail [email protected] (investors) – [email protected] (media)
Specialist: MIT SIM S.p.A.
Corso Venezia 16, 20121 Milano T. +39 0230561270 – E-mail [email protected]
Tel. +39 081 8036677 Fax +39 081 3177513