A.b.p. Nocivelli S.p.a. · MIL:ABP
A.b.p. Nocivelli — Nocivelli ABP — FY2024-2025 Earnings Presentation
28 slides from A.b.p. Nocivelli's earnings presentation, Sep 29, 2025
Slide 1: Nocivelli ABP Financial Results FY 2024-2025
Nocivelli ABP Financial Results FY 2024-2025 29 September 2025
Slide 2: Agenda
Agenda 1. Company Overview 2. Financial Results 3. Outlook Annex
Slide 3: 1. Company overview
1.Company overview
Slide 4: Company Overview
Company Overview Leading Italian ESCo EGM Milan Listed Key Sectors Providing integrated energy solutions. Transparency and governance. Healthcare, Public, Industrial sectors. 4
Slide 5: Leader in Energy Services for Public Administration
Leader in Energy Services for Public Administration Nocivelli is one of the leading Italian Energy Service Leader in the ESCO Sector Companies (ESCos), specialised in the design and provision of energy services to public Over 60 years in the industry building a strong reputation and certifications a
Slide 6: Key Player for Environmental Sustainability
Key Player for Environmental Sustainability Energy Service Company Environmental Impact As ESCo (Energy Service Company) Nocivelli is able to provide all the technical, ESCos allow significant savings on total energy consumption and reduction of commercial and financial services necessary to carry o
Slide 7: Leadership as an ESCo since 1963
Leadership as an ESCo since 1963 Over 60 years of continuous innovation and growth in energy efficiency and plant engineering excellence. 2023 2025 • Tenders worth ≈€30 million for • Contract for the design, construction and works relating to the PNRR management of the new “Parco della Salute, (cons
Slide 8: Sustainable Business Model
Sustainable Business Model Nocivelli business model is based on two main approaches to the market, ensuring a diversified and sustainable portfolio. Public-Private Partnerships (PPP) Public Tenders • Public entities and private companies collaborate to finance, design, build and manage • The public
Slide 9: Market Positioning
Market Positioning Healthcare Leader • Top provider for energy efficiency in healthcare. Expanding Reach • Growing footprint in Public Administrations High-Margin Focus • Prioritizing long-term, profitable contracts 9
Slide 10: Certification
Certification Nocivelli is committed to continuous organizational excellence through rigorous process improvement with significant emphasis on quality, safety, environmental responsibility, and social impact. To achieve this, it has implemented a comprehensive Integrated Management System that harmo
Slide 11: Sustainability as a Priority
Sustainability as a Priority Nocivelli ABP has embarked on a sustainable development path aimed at improving ESG performance through various initiatives: Environmental Protection Social Responsibility Governance & Ethics • Certified UNI EN ISO 14001:2015 • Stakeholder engagement through various inte
Slide 12: 2. Financial Results
2. Financial Results FY 2024 -2025
Slide 13: Sustained Growth, Stronger Business
Sustained Growth, Stronger Business Top-line Growth fuels Performance REVENUES REVENUES BY ACTIVITY VALUE OF PRODUCTION 81.5 €mn 85.2 €mn +11.3% YoY +14.7% YoY 13
Slide 14: Consistent High Margins
Consistent High Margins EBITDA EBIT 16.8 €mn 14.2 €mn +8.6% YoY +10.3% YoY 14
Slide 15: Growing and Profitable year after year
Growing and Profitable year after year Nocivelli achieved a positive net result over the years, reflecting strong financial performance and resilience in a dynamic market environment NET INCOME DIVIDEND (€mn) 11.5 €mn +7.2% YoY 15
Slide 16: Strong Backlog driving future revenue
Strong Backlog driving future revenue Strong backlog and long-term services contract give excellent visibility into future revenue. 1.9 € bn to 2035 As of June 30, 2025, the order backlog amounted to 1.9 € bn, of which: • 1.5 € bn derived from orders already contracted, and • 400 € mn from the order
Slide 17: Robust Cash flow growth
Robust Cash flow growth NFP 62.4 €mn FY 2023-2024 H1 2024-2025 FY 2024-2025 NET FINANCIAL POSITION As a solid, debt-free business, Nocivelli has -47.7 the financial strength to capitalize on new -53.0 opportunities and execute recently awarded -62.4 contracts. The company's Net Financial Position (c
Slide 18: 3. Outlook
3. Outlook
Slide 19: Outlook
Outlook The Company also expects positive corporate profitability for the coming years, through the following growth drivers: 1 Main tender procedures 2 Contracts financed with PNRR funds Particular attention to Execution of the contracts which will presumably be completed within the next 2 agreemen
Slide 20: Safe Harbour
Safe Harbour This presentation may contain forward looking objectives and statements about Nocivelli ABP (“Nocivelli ABP” or “the Company”) financial situation, operating results, business activities and expansion strategy. These objectives and statements are based on assumptions that are dependent
Slide 21: Questions and Answers
Questions and Answers Your Questions Matter We're now ready to address any questions you may have about our presentation.
Slide 22: Annex
Annex
Slide 23: Shareholder Structure
Shareholder Structure Board of Directors 0.89% 3.55% 11.33% • Bruno Nocivelli - Chairman Bruno Nocivelli Laura Salvatore • Nicola Turra - Chief Executive Officer Nicola Turra 26.60% 57.63% • Laura Salvatore - Director Alessandra Perego Market • Alessandra Perego - Director • Francesco Landriscina -
Slide 24: Profit & Loss
Profit & Loss Values in €mn PROFIT & LOSS FY 2023-2024 FY 2024-2025 % change 30.06.2024 30.06.2025 FY '23/'24 - FY '24/'25 Sales 71.1 81.5 14.7% Other revenues and change in WIP 5.4 3.7 -32.3% Value of Production 76.5 85.2 11.3% Consumption of raw materials - 16.0 - 19.3 20.7% General expenses - 38.
Slide 25: Balance Sheet
Balance Sheet Values in €mn BALANCE SHEET FY 2023-2024 FY 2024-2025 change % change 30.06.2024 30.06.2025 FY '23/'24 - FY '24/'25 FY '23/'24 - FY '24/'25 Intangible fixed assets 8.8 9.1 0.4 4.3% Tangible Fixed Assets 0.3 0.5 0.2 73.4% Financial Fixes assets 0.8 0.9 0.1 11.5% Fixed assets 9.9 10.5 0.
Slide 26: Net Financial Position
Net Financial Position Values in €mn Net Financial Position 30.06.2025 30.06.2024 change % change A. (Cash) - 0,0 - 0,0 - 0,0 100,0% B. (Bank and postal deposits) - 62,4 - 47,7 - 14,7 30,8% C. Securities held for trading - - - D. Liquidity (A) + (B) + (C) - 62,4 - 47,7 - 14,7 30,8% E. Current financ
Slide 27: Cash Flow
Cash Flow Values in €mn CASH FLOW FY 2023-2024 FY 2024-2025 Reclassified statement (€/m) 30.06.2024 30.06.2025 Operating cash flow before change in NWC 16,1 17,0 +/-Change in NWC - 1,0 5,2 -Interest, taxes, other - 2,1 - 2,6 Operating cash flow - 12,9 19,6 -Capex - 2,2 - 2,9 -Other - - Investing act
Slide 28: Thank You
Thank You Website Investor Relations Visit us online for more information. Contact for investor inquiries. www.abpnocivelli.it nocivelli-spa@twin.services