Italian Sea Group S.p.a. MIL:TISG

Italian Sea S p A : The Italian Sea Group – Risultati finanziari dei primi nove mesi del 2024

Published

Source: MarketScreener

Q3 2024 RESULTS PRESENTATION

12 NOVEMBER 2024

BRANDS

BRANDS

1

2

3

EXECUTIVE SUMMARY

FOCUS ON PERINI NAVI

BUSINESS REVIEW

44 FINANCIAL REVIEW

3

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY

Q3 2024 RESULTS

Revenues amounting to Eu 292 Mn, + 11.4% vs Q3 2023

EBITDA amounting to Eu 50.1 Mn, + 16.0% vs Q3 2023, with a Margin on Revenues of 17.2%

Order Book amounting to Eu 1.275 bn at September 30, 2024

Investments for the period amounting to Eu 7.2 Mn

Net Financial Debt equal to Eu 19.0 Mn

Filippo Menchelli co-optedas member and Chairman of the Board of

Directors

STRATEGIC OUTLOOK 2024 - 2025

2024 Guidance Confirmed: Revenues between Eu 400 - 420 Mn and EBITDA Margin between 17.0 - 17.5%

2025 Strategic Outlook Confirmed: Revenues between Eu 430 - 450 Mn and EBITDA Margin between 18.0 - 18.5%

5

STOCK PERFORMANCE VS INDEX AND PEERS

From 1 January 2023 to 11 November 2024: impressive share price performance, well above the reference

FTSE ITALIA STAR Index and other leading industry players

190,00

170,00

150,00

130,00

110,00

90,00

70,00

TISG +35.8%

Peer #1 +21.5%

FTSE ITALIA STAR -3.2%

Peer #2 -9.0%

50,00

3/1/23

3/3/23

3/5/23

3/7/23

3/9/23

3/11/23

3/1/24

3/3/24

3/5/24

3/7/24

3/9/24

3/11/24

6

Source: Factset. Updated on 11/11/2024.

STOCK PERFORMANCE VS LUXURY INDUSTRY PEERS

From 1 January 2023 to 11 November 2024: TISG shares outperformed leading luxury brands

230

210

190

170

150

130

110

90

70

Ferrari +111.1%

Technogym +44.6%

Hermés +39.1%

TISG +35.8%

Brunello Cucinelli +35,5%

Moncler -4.8%

LVMH -13.6%

50

30

01/02/2023

02/13/2023

03/27/2023

05/11/2023

06/22/2023

08/03/2023

09/15/2023

10/27/2023

12/08/2023

01/24/2024

03/06/2024

04/19/2024

06/03/2024

07/15/2024

08/27/2024

10/08/2024

Kering -54.0%

Salvatore Ferragamo -63.0%

7

Source: Factset. Updated on 11/11/2024

Admiral - 78m. Unique in the elegance and sinuosity of her design

Admiral - 67m. Classic yet original and strongly design-oriented line