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Ovs Earnings Release 2021

Sep 23, 2021

4189_rns_2021-09-23_3c6209fe-7c32-4009-85f0-0170c1b9361f.pdf

Earnings Release

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Venezia, 23 settembre 2021

Gli ottimi risultati del primo semestre pongono solide basi per l'anno in corso.

Il Gruppo informa che, nel contesto della pubblicazione degli ottimi risultati del primo semestre del 2021, sono state indicate le seguenti guidelines sui risultati attesi per l'intero anno fiscale 2021 (che si chiude il 31 gennaio 2022):

  • (i) vendite nette in un range tra €1,3/€1,32 miliardi;
  • (ii) margine operativo lordo1 in un range tra €120/€135 milioni;
  • (iii) generazione di cassa, escludendo la liquidità derivante dall'Aumento di Capitale, in un range compreso tra €65/€80 milioni, grazie alla quale la Posizione Finanziaria Netta2 al 31 gennaio 2022 si attesterebbe in un range compreso tra €255/€240 milioni.

Per ulteriori informazioni:

Federico Steiner Investor Relations OVS S.p.A. Barabino & Partners SpA [email protected] E-mail: [email protected] Via Terraglio n. 17, 30174, Cell. +39 335.42.42.78 Venezia – Mestre

1 Valore rettificato, che non include l'impatto derivante dal principio contabile IFRS16, e che non considera elementi non ricorrenti

2 Valore rettificato, che non include l'impatto derivante dal principio contabile IFRS16, e l'impatto del mark to market dovuto ai derivati di copertura

Venice, September 23, 2021

The excellent results of the first half of the year put solid basis for the current year.

The Group informs that, in the context of the publication of the good results of the First Half of 2021, the following guidelines have been provided on the expected Full Year Results for the Fiscal Year 2021 (which ends on January 31, 2022):

  • (i) net sales in a range between €1.3/€1.32 billion;
  • (ii) EBITDA3 in a range between €120/€135 million;
  • (ii) cash generation, excluding the liquidity deriving from the Capital Increase, in a range between €65/€80 million, thanks to which the Net Financial Position4 as at 31 January 2022 would be in a range between €255/€240 million.

For further information:

Federico Steiner Investor Relations OVS S.p.A. Barabino & Partners SpA [email protected] E-mail: [email protected] Via Terraglio n. 17, 30174, Mobile +39 335.42.42.78 Venice – Mestre

3 Adjusted value, which does not include the impact deriving from the IFRS16 accounting standard, and which does not consider non-recurring elements

4 Adjusted value, which does not include the impact deriving from the IFRS16 accounting standard, and the impact of the mark to market due to hedging derivatives