PRESS RELEASE VALTECNE: CONSOLIDATED QUARTERLY REVENUES EXCEED € 10 MILLION FOR THE FIRST TIME STRONG GROWTH PERFORMANCE OF THE MEDICAL BUSINESS LINE, IN LINE WITH THE COMPANY'S STRATEGY, DRIVEN BY THE CORE ORTHOPAEDIC AND DENTAL BUSINESS OF SUBSIDIARY UTILITÀ INDUSTRIAL BUSINESS LINE REVENUES UP 17%, THANKS TO THE CLEAR MARKET RECOVERY Berbenno di Valtellina (SO), 12 May 2026 - The Board of Directors of Valtecne S.p.A. (ISIN IT0005532525, ticker VLT.IM) - a company operating in the field of high-precision mechanics for medical devices and industrial applications - met today and reviewed and approved the revenues as of March 31, 2026, which have not been audited. Consolidated revenues amounted to € 10.3 million as of March 31, 2026 (€ 9.4 million as of March 31, 2025), while stand-alone revenues amounted to € 8.8 million as of March 31, 2026 (€ 7.9 million in the same period of 2025). Paolo Mainetti, Chief Executive Officer of Valtecne S.p.A., commented: "Exceeding the threshold of €10 million in quarterly revenues for the first time represents a significant milestone for our Group and confirms the effectiveness of the strategy pursued over recent years. The growth of the Medical business line, driven by the core orthopaedic and dental business, together with the signs of recovery in the industrial segment, demonstrates the strength of our positioning and our ability to respond effectively to customer needs. To support this development phase, we are continuing with determination our investments in digitalisation, innovation of production processes and workforce strengthening, alongside an intense commercial business development activity aimed at expanding the Group's growth opportunities, also thanks to the contribution of Luigi Ferrari, Senior Advisor who joined the Company at the end of 2025. The objective is to further consolidate our leadership in high-precision mechanics applied to medical devices".
1Q 2026 CONSOLIDATED | |||||
SALES REVENUES (€/thousands) | 31/03/2026 | % of total | 31/03/2025 | % of total | Chg % |
Medical Business line | 7,546 | 73.6% | 7,043 | 75.3% | 7.1% |
Industrial Business line | 2,705 | 26.4% | 2,314 | 24.7% | 16.9% |
Total | 10,251 | 100% | 9,357 | 100% | 9.6% |
At consolidated level, total revenues amounted to € 10.3 million, up by +9.6%. Specifically, the Medical
business line recorded growth of +7.1%, consistent with the trend of recent years and with the Company's
strategy, confirming the solidity of the core orthopaedic business and the dental business contributed by subsidiary Utilità. Overall, the Medical business line remained close to 75% of the Group's total revenues, positioning Valtecne S.p.A. as the leading Italian contract manufacturer in precision mechanics applied to medical devices.
The Industrial business line, on the other hand, reported revenue growth of +16.9%, supported by a clear market recovery trend following the significant contraction recorded between the end of 2023 and the first half of 2025. This reversal in the industrial market trend allows for improved production efficiency and generates a positive impact on operating margins.
Below is the breakdown of sales revenues of Valtecne S.p.A. (stand-alone) for the first three months of 2026 and the corresponding period of 2025, with the breakdown by business line.
1Q 2026 STAND-ALONE | |||||
SALES REVENUES (€/thousands) | 31/03/2026 | % of total | 31/03/2025 | % of total | Chg % |
Medical Business line | 6,592 | 74.8% | 5,970 | 75.9% | 10.4% |
Industrial Business line | 2,221 | 25.2% | 1,893 | 24.1% | 17.3% |
Total | 8,814 | 100% | 7,864 | 100% | 12.1% |
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This press release is also available on the Company's website https://www.valtecne.com (section
"Investors/Financial Press Releases") and on https://www.emarketstorage.it.
* * *About Valtecne
Founded in 1983, Valtecne is a leading company in high-precision mechanics. It manufactures components used in the medical sector - particularly surgical instruments for orthopedics and implantable components - as well as in various industrial sectors such as power transmission, automotive, and energy. As of 31 December 2025, Valtecne reported Production Value of € 37.3 million and Adjusted EBITDA of € 9.7 million, corresponding to an EBITDA margin of 26.0%.
Contacts:
Euronext Growth Advisor - CFO SIM S.p.A.ecm@cfosim.com Phone. + 02 30343 1
Ufficio Stampa Corporate - CDR CommunicationMartina Zuccherini martina.zuccherini@cdr-communication.it
Specialista - MIT SIM trading-desk@mitsim.it Phone +39 02 305 612 702