Nice Footwear — Earnings Release 2018

Feb 12, 2019

Informazione Regolamentata n. 0809-9-2019		Data/Ora Ricezione 12 Febbraio 2019 14:25:08	MTA - Star
Societa'	:	NICE
Identificativo Informazione Regolamentata	:	113939
Nome utilizzatore	:	NICEN06 - Biasini
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	12 Febbraio 2019 14:25:08
Data/Ora Inizio Diffusione presunta	:	12 Febbraio 2019 14:25:09
Oggetto	:	The Board of Directors of Nice S.p.A. examines the preliminary figures as at 31 December 2018
Testo del comunicato

Vedi allegato.

The Board of Directors of Nice S.p.A. examines the preliminary figures as at 31 December 2018

Oderzo (TV - Italy), 12 February 2019 – The Board of Directors of Nice S.p.A. – listed on the STAR segment of Borsa Italiana – examined the preliminary figures as at 31 December 2018.

As at 31 December 2018, the Nice Group achieved revenues of Euro 368.2 million, up 13.3% at current exchange rates and 17.3% at constant exchange rates compared to 31 December 2017.

The following table shows the geographical breakdown of revenues:

(Euro Million)	2018	%	2017	%	∆ %	∆ % (2)
France	48.7	13.2%	43.1	13.3%	13.0%	13.0%
Italy	31.7	8.6%	32.2	9.9%	-1.5%	-1.5%
EU-15 (1)	100.1	27.2%	87.3	26.9%	14.7%	14.9%
Rest of Europe	68.4	18.6%	58.1	17.9%	17.8%	23.2%
Rest of the world	119.2	32.4%	104.3	32.1%	14.3%	23.6%
Total Revenues	368.2	100.0%	325.0	100.0%	13.3%	17.3%

(1) Excluded France and Italy

(2) At constant exchange rates

In 2018, sales in France, accounting for 13.2% of the Group's sales, amounted to Euro 48.7 million and showed an increase of 13.0% compared to 2017.

In Italy, revenues came to Euro 31.7 million, down 1.5% compared to 2017.

In 2018, in other EU States 15, sales amounted to Euro 100.1 million, up 14.7% at current exchange rates and 14.9% at constant exchange rates compared to the previous year.

As at 31 December 2018, revenues in the Rest of Europe totalled Euro 68.4 million, up 17.8% at current exchange rates and 23.2% at constant exchange rates compared to the previous year.

Turnover achieved in the Rest of the world in 2018, with a share of 32.4% of the Group's turnover, is up 14.3% at current exchange rates and 23.6% at constant exchange rates compared to 2017, with a turnover of Euro 119.2 million.

As at 31 December 2018, the Group's net financial position was Euro -146.6 million compared to Euro 1.4 million as at 31 December 2017, due to outlays relating to acquisitions.

Nice S.p.A.

Established in 1993, Nice is the leading Italian multinational firm in the Home Automation, Home Security and Smart Home sector, with a comprehensive offering of integrated automation solutions for gates, garage doors, solar shading systems, parking systems, wireless alarm and home security systems for residential, commercial and industrial buildings. The Nice Group has launched a strategic plan for geographic growth and the extension of its product portfolio and connected platforms, in order to offer a wide range of customizable, user-friendly options for the end customer. It is also seeking to strengthen and expand on markets with high growth potential, while enhancing and renewing its branding to compete on new market segments. Nice exports its products, which combine technological innovation and design, to over 100 countries, generating more than 90% of the Group's consolidated revenues abroad.

www.niceforyou.com

Statement of the Financial Reporting Manager

Under article 154 bis, paragraph 2 of the Italian Consolidated Finance Act, the Financial Reporting Manager, Ms Denise Cimolai, states that the accounting information contained in this press release complies with all documentary evidence, books and accounting records.

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This press release is available also on the Company website www.niceforyou.com and on the authorised storage facility eMarket Storage (www.emarketstorage.com).

Contacts: Investor Relations Nice S.p.A. ir@niceforyou.com Tel: +39 0422 505468 www.niceforyou.com