Altea Green Power S.p.a. · MIL:AGP
Altea Green Power — H1 2025 Earnings Presentation
18 slides from Altea Green Power's earnings presentation, Sep 12, 2025
Slide 1: H1 2025 Financial results
H1 2025 Financial results September 12nd, 2025
Slide 2: Speakers
Speakers Giovanni Di Pascale Salvatore Guarino Giancarlo Signorini CEO General Manager CFO alteagreenpower.com 2
Slide 3: At a glance
At a glance COMPANY KEY FINANCIAL OVERVIEW KEY OPERATIONAL KPI FIGURES Leading player, listed on Euronext STAR Strategic partnerships in the US and TOTAL REVENUES FY Milan, in project co-development, in the CAGR +79% Italy with companies such as Iberdrola, BESS storage sector and in 35.4 Enlight, Ae
Slide 4: 2025 Update
Site Green Power 2025 UPDATE
Slide 5: 2025 – Business update
2025 – Business update BESS PROJECT IN BASILICATA AUTHORISED BY MASE • BESS storage plant project with a capacity of 200 MW Jan. • Authorization process completed in 21 months 17th • Generate cash flows of around €13 million before the end of the year AUTHORIZATION PROCESS INITIATED FOR 1.4 GW OF BE
Slide 6: 2025 – Business update
2025 – Business update COMMERCIAL AGREEMENT WITH INNOVATEC FOR THE PURCHASE, SALE AND CO-DEVELOPMENT OF PV Jul. PROJECTS IN ITALY 22nd • 3-years commercial agreement • AGP fast-track its Strategic Plan to develop own photovoltaic plants as an Independent Power Producer (IPP) SUCCESSFULLY PLACED € 10
Slide 7: AGP in Italy and worldwide
AGP In Italy and worldwide Expertise, professionalism, quality and a focus on local communities TOTAL PIPELINE PIPELINE ITALY 5.0 BESS 0.6 PHOTOVOLTAICS & USA GW GW WIND ENERGY 1.4 GW ITALY under development 5.6 GW STORAGE PV AND WIND of which 25% under development AGP Share 20 MW installed alteagre
Slide 8: Actual Backlog
Actual Backlog TYPE VALUE (€/M) Gross Net BESS 117.9 + premium* 79.6 PV/WIND 32.6 6.2 EPC 1.6 0.6 Co-Development Backlog 152,2 + premium* 86.4 yet to be collected • Gross value represents the total signed contract • Net value represents the value to be still invoice and collect as of June 30, 2025 *
Slide 9: Financials
Site Green Power FINANCIALS
Slide 10: H1 2025 – Results highlights
H1 2025 – Results highlights Total EXCELLENT MARGINS, SUPPORTED BY A SOLID revenues EBITDA FINANCIAL STRUCTURE AND ALIGNED WITH THE GROUP'S INDUSTRIAL VISION € 13.7 M € 8.0 M vs € 14.5 M vs € 8.1 M • The difference in total revenues vs H1 2024 reflects the natural evolution of orders, operational dy
Slide 11: EBITDA Bridge
EBITDA Bridge € 8.0 M EBITDA 58% EBITDA Margin vs € 8.1 M in H1 2024 56% in H1 2024 €/mln alteagreenpower.com 11
Slide 12: NFP Bridge
NFP Bridge €/mln alteagreenpower.com 12
Slide 13: 2025 Guidance and 2028 Financial Targets
2025 Guidance and 2028 Financial Targets GROWTH STRATEGY OF THE 2024-2028 BUSINESS PLAN AND 2028 TARGETS CONFIRMED POSTPONEMENT OF THE 2025 ECONOMIC TARGETS AND IMPROVEMENT IN EXPECTED FINANCIAL PERFORMANCE The postponement is due to a temporarily slow down of the BESS market segment linked to the M
Slide 14: Annex
Site Green Power ANNEX
Slide 15: H1 2025 Income Statement
H1 2025 Income Statement €/000 H1 2025 H1 2024 % TOTAL REVENUE • At €13.7M, vs €14.5M in H1 2024 due to the Revenues 13,411 14,424 -7% natural evolution of orders, operational Other revenues 258 104 148% dynamics linked to variable authorisation Total Revenues 13,669 14,528 -6% timescales and the ph
Slide 16: H1 2025 Balance Sheet
H1 2025 Balance Sheet €/000 30-giu-25 31-dic-24 Non-current assets Intangible assets 351 180 Tangible assets 667 739 Deferred tax assets 72 93 Other non-current assets 1,544 1,544 Total non-current assets 2,634 2,556 SHAREHOLDERS’ EQUITY • At €40.2M vs €34.9M in FY24 mainly due to Current assets the
Slide 17: H1 2025 Net Financial Position
H1 2025 Net Financial Position €/000 NET FINANCIAL POSITION H1 2025 FY 2024 • Positive trend, benefiting significantly from advance payments received from A. Cash (688) (1,870) customers in relation to the achievement of B. Cash equivalents and cash - - contractual milestones for orders currently C.
Slide 18: Altea Green Power S.p.A.
Altea Green Power S.p.A. Immagine che contiene simbolo, cerchio, giallo, Carattere Descrizione generata automaticamente Sede operativa via Chivasso, 15/A - 10098 Rivoli (TO) - Italy Immagine che contiene simbolo Descrizione generata automaticamente Sede legale corso Re Umberto, 8 - 10121 Torino - It