Unidata S.p.a. · MIL:UD
Unidata — FY2025 Earnings Presentation
23 slides from Unidata's earnings presentation, Mar 31, 2026
Slide 1: FY2025 Results
FY2025 RESULTS MARCH 31ST, 2026
Slide 2: Today's Speakers
TODAY’S SPEAKERS Renato Brunetti Roberto Giacometti Chairman & CEO CFO & Investor Relations Officer Expert in IT systems and software projects. Expert in Administration, Finance, Planning and Control. He In 1985, he founded Unidata together with two partners, held the position of General Manager in
Slide 3: 2025 Highlights & Main Recent Achievements
2025 HIGHLIGHTS & MAIN RECENT ACHIEVEMENTS
Slide 4: FY2025 Highlights
FY2025 HIGHLIGHTS 2025 results show a positive performance and the successful achievement of 2025 economic and financial guidance with a strong growth in revenues (+8%) and a significant improvement of the net financial debt, confirming the solidity of Unidata’s positioning and the ability to genera
Slide 5: International Expansion: Strategic Partnership with Serdal Holding in 2026
INTERNATIONAL EXPANSION: STRATEGIC PARTNERSHIP WITH SERDAL HOLDING IN 2026 Unidata launches its international expansion, thanks to a three-year commercial and strategic partnership agreement with Serdal Holding LLC. Serdal Holding is a company based in Abu Dhabi (UAE), that promotes and develops bus
Slide 6: Unicenter: JV with Azimut Recently Established
UNICENTER: JV WITH AZIMUT1 RECENTLY ESTABLISHED • Construction of a green and neutral Tier IV Data Center of about 20 MW and more than 2,000 racks of capacity (total Objectives area 13,000 sqm) with renewable energy sources usage • Support in the design and construction of the data center • Operatio
Slide 7: FY2025 Financials & FY2026 Outlook
FY2025 FINANCIALS & FY2026 OUTLOOK
Slide 8: Financial Highlights - Revenues & Customers
FINANCIAL HIGHLIGHTS - REVENUES & CUSTOMERS Revenues breakdown FY 2025 Unidata Group’s consolidated revenues recorded a strong Other Revenues 2.2% growth in 2025 (+8% vs 2024), thanks to the focus on high- Infrastructure Consumer 5.7% value added services. 22.5% Business 22.3% Service Revenues recor
Slide 9: Financial Highlights - EBITDA
FINANCIAL HIGHLIGHTS - EBITDA Adjusted EBITDA & Margin EBITDA Bridge EBITDA 8.2 Margin 27.0% ~27% (0.9) 25.9% 2.6 29.4 29.4 27.4 27.0 0.1 0.3 - 26.7 26.1 (8.0) 31.6% 38.1% 19.5 19.9 36.8% 16.2 17.5 14.1 12.4 12.7 11.2 8.6 5.6 2.6 3.7 EBITDA (€ mn) 2020 2021 2022 2023PF 1 2024 2025 EBITDA Increase Ra
Slide 10: Financial Highlights – EBIT & Net Profit
FINANCIAL HIGHLIGHTS – EBIT & NET PROFIT EBIT & Margin Net profit EBIT Margin 15.6% 15.7% 15.0% 15.7 15.9 20.9% 14.7 24.6% 8.6 7.8 7.5 10.7 10.4 11.3 10.9 7.0 6.7 9.1 20.9% 7.0 6.7 4.1 6.3 3.6 4.9 3.4 3.0 2.4 3.0 2.1 1.3 1.5 0.9 (€ mn) (€ mn) EBIT EBIT 2020 2021 2022 2023PF 1 2024 2025 2020 2021 202
Slide 11: Financial Highlights – Investments & Net Financial Debt
FINANCIAL HIGHLIGHTS – INVESTMENTS & NET FINANCIAL DEBT Investments Net Financial Debt TOTAL INVESTMENTS 2020 – 2025: € 93 million1 47.9 27.0 43.9 37.7 13.9 14.5 14.2 12.0 11.8 9.6 Investments 2.2 (€ mn) -3.4 (€ mn) NFD 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 • 2025 Total Investm
Slide 12: Net Financial Debt Bridge
NET FINANCIAL DEBT BRIDGE 20.3 (7.6) 1.3 (6.0) (0.5) 2.4 (0.5) (0.3) (37.7) (0.1) (2.8) (0.2) (43.8) Net Cash/ Operating Investments Investments Investments Buyback Dividends Interest Accrued Release of Unitirreno Effects of Net Cash/ (Net debt) cash flow in tangible in intangible in financial payab
Slide 13: FY 2026 Business Outlook
FY 2026 BUSINESS OUTLOOK 2025 was characterized by the extension of the economic performance already seen during 2024, and in particular: • an increase in customer base in the Retail segment; • continuous investment in Unifiber Italy S.p.A. and Unitirreno Submarine Network S.p.A.; • a continuation o
Slide 14: Q&A Session
Q&A SESSION
Slide 15: Appendix
APPENDIX
Slide 16: Corporate Governance & Organization
CORPORATE GOVERNANCE & ORGANIZATION Chairman & CEO Management Renato Brunetti Vice Chairman UNINVEST1 Marcello Vispi Public Affairs & Institutional Internal Auditing Investor Relations Relations Sergio Beretta Roberto Giacometti BOARD OF DIRECTORS Federico Bottura Staff Functions Risk Management, Co
Slide 17: Unidata's Core Addressable Market
UNIDATA’S CORE ADDRESSABLE MARKET Italian digital market at a glance Unidata’s Addressable Market Growth Unidata’s 87.2 CAGR CAGR ’24A - ’30E: 7% Focus ’24A - ’30E Fixed 38 9.5 Network 36 Mobile Services1 34 Network 32 2% Services 14.8 10 ICT 29 10 Services2 27 10 Digital 25 10 Consumer 9.4 9 9 Fixe
Slide 18: Key Drivers of Growth Driving Shift in Telco's Business Models
KEY DRIVERS OF GROWTH DRIVING SHIFT IN TELCO’S BUSINESS MODELS CAGR ’25E - ’30E ICT services on retail business revenue (%) 20% 57% 38% 12% 11% 15% IaaS IaaS Colocation Cloud Significant focus on increasing 10% Cyber Hybrid contribution from ICT in PaaS SaaS IoT Cloud Unidata’s new BP Cloud Cloud 5%
Slide 19: Business Plan 2026 - 2028: Strategic Goals
BUSINESS PLAN 2026 - 2028: STRATEGIC GOALS Pursue sustainable Both organically and through M&A, creating value 1 for stakeholders in the medium to long term long-term growth Transform the company Focus on the integration of digital technologies 2 into a TechCo and on the B2B and B2B2B markets Levera
Slide 20: 2028 Financial Targets
2028 FINANCIAL TARGETS REVENUES CAGR 2025-28 9% ADJUSTED EBITDA CAGR 2025-28 5% EBITDA MARGIN €/million 138-142 128-131 ~25% ~24% ~24% 109.5 114-116 ~27% €/million 30-32 33-35 29.4 28-29 2025 2026 2027 2028 2025 2026 2027 2028 CUMULATED CAPEX 2026-28 NET FINANCIAL DEBT 67 €/million €/million 37.7 37
Slide 21: Revenues Mix 2025 - 2028E
REVENUES MIX 2025 - 2028E The weight of Retail segment is expected to record a solid growth over time (+13%), with a strong increase in ICT Services, along with a lower contribution of Wholesale and Infrastructure segments to the overall revenues. 6% 4% 7% 16% 36% 30% 23% 49% 45% 29% 3% 37% 4% 34% 3
Slide 22: Disclaimer
DISCLAIMER This document has been prepared by UNIDATA S.p.A. (the “Company”) solely for information purposes. It contains summary information only and is therefore preliminary in nature. It has also been prepared without any intention of being exhaustive. THIS PRESENTATION AND THE ASSOCIATED VERBAL
Slide 23: Contacts
CONTACTS Unidata S.p.A. ROBERTO GIACOMETTI CFO & Investor Relations Officer +39 329 2478696 r.giacometti@unidata.it CDR Communication S.r.l. Investor Relations Consultant SILVIA DI ROSA +39 335 7864209 silvia.dirosa@cdr-communication.it ELEONORA NICOLINI +39 333 9773749 eleonora.nicolini@cdr-communi