Nocivelli ABP
Financial Results
H1 2024-2025
17 March 2025
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 upon significant risk and uncertainty factors that may prove to be inexact. The information is valid only at the time of writing and Nocivelli ABP does not assume any obligation to update or revise the objectives on the basis of new information or future or other events, subject to applicable regulations.
This document may not be reproduced or distributed, in whole or in part, by any person other than the Company; by viewing and/or accepting a copy of this document, you agree to be bound by the foregoing limitations.
Additional information on the factors that could have an impact on Nocivelli ABP financial results is contained in the documents filed by the Group and available on the Group's website at www.abpnocivelli.com
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Agenda
-
Company Overview
2. Financial Results
- Achievements Annex
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1.Company overview
Company Overview
Leading Italian ESCo | EGM Milano Listed | Key Sectors |
Providing integrated energy solutions. | Transparency and governance. | Healthcare, Public, Industrial sectors. |
Leader in Energy Services for Public Administration
Nocivelli is one of the leading Italian Energy Service
Companies (ESCos), specialised in the design and provision of energy services to public administrations thanks to over 60 years of experience, including public-private partnership projects for hospitals and energy management and plant services.
- Supply of technical and commercial services necessary for the implementation of interventions of energy efficiency
- Financing of the improvement intervention of energy efficiency
- Project Financing: proposals for interventions aimed to the energy efficiency of plants or buildings public
Leader in the ESCO Sector
Over 60 years in the industry building a strong reputation and certifications
Integrated Offer
Providing complete energy solutions from design to maintenance
Consolidated Expertise
Deep expertise in plant engineering and energy efficiency
Long lasting partner in PPP projects
Reference partner for both PA and private companies throughout Italy
Solid Financials
Demonstrated balance sheet strength and consistent growth
High Visibility with solid Backlog
Strong backlog supports future revenues
Key Player for Environmental Sustainability
Energy Service Company
As ESCo (Energy Service Company) Nocivelli is able to provide all the technical, commercial and financial services necessary to carry out the energy efficiency of buildings, infrastructures and industrial processes, taking on the burden of the investment and the risk of a lack of savings, in exchange for the stipulation of a contract in which its profits are established.
Environmental Impact
ESCos allow significant savings on total energy consumption and reduction of Co2 emissions. For this reason, in recent years the sector has been supported by government policies and economic incentives aimed at promoting energy transition and reducing environmental impact.
The integration of technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI) offers new opportunities to improve energy efficiency and sustainability, to which the industry is adapting.
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Leadership as an ESCo since 1963
Over 60 years of continuous innovation and growth in energy efficiency and plant engineering excellence.
1963 | |
Foundation of ABP Nocivilli, starting | 2000s |
operations in the plant engineering | |
sector | Entry into the public concession market. |
2022
Won a tender for energy efficiency and
seismic upgrading of a school in
Vobarno (BS). Plant engineering works for healthcare and community facilities in Lombardy (€21.8 million). Construction and plant engineering works for homes in various provinces of
Lombardy (€7 million).
2024
New contracts for construction and plant engineering works of around €20 million with Terna and SALC Spa. Additionally, a €500 million contract for the realisation of the "Health, Research and Innovation Park" in Turin.
1980s | 2021 | 2023 |
Business diversification in new | Successful listing on AIM (now | New contracts with Terna and SALC |
activities, switching to natural gas in | Euronext Growth Market), marking a | Spa for around €20 million. Tender for |
heating systems | new phase of growth | €500 million for the "Health, Research |
and Innovation Park" in Turin. |
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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 entities and private companies collaborate to finance, design, build and manage public infrastructure or services with a long-term vision
- The company's interests are aligned with those of the public administration through long- term agreements (average duration 25 years)
- Guaranteed revenue stream from fixed fees or royalties
Public Tenders
- The public administration fully defines the subject of the tender - the tenders and contractual terms are non-negotiable
- Contractual duration usually between 2 and 9 years
- The public administration bears all the necessary financing, taking on the risks. The successful bidder only takes on the operational risks
Turnover by Client
90% | 10% |
Public Administration | Private Hospital |
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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