Star7 S.p.a · MIL:STAR7

Star7 — H1 2025 Earnings Presentation

27 slides from Star7's earnings presentation, Sep 24, 2025

  1. Slide 1: H1 2025 Financial Results

    H 1 2025 FINANCIAL RESULTS CONFERENCE CALL | 24 SEPTEMBER 2025

  2. Slide 2: Disclaimer

    Disclaimer This document (the "Document") has This Document is intended solely to The Document does not have the been prepared for the sole purpose of provide selected information to its nature of an opinion presenting the company STAR7 S.p.A. recipients and in no way constitutes a on financial, leg

  3. Slide 3: Agenda

    At a glance AGENDA Financial results STAR7 H1 2025 Innovation&Sustainability Final remarks Appendix 3

  4. Slide 4: Today's presenting team

    Today’s presenting team Lorenzo Mondo Pierluigi Valletta Founder & Group CEO Chief Financial Officer 4

  5. Slide 5: At a glance

    STAR7 H1 2025 AT A GLANCE

  6. Slide 6: H1 2025 highlights

    H1 2025 highlights REVENUES EBITDA / EBITDA EBITDA ADJ* ADJ* EBITDA MARGIN / EBITDA MARGIN ADJ* % NET DEBT €59.0m €9.0m /€9.6m 15.3% /16.3% €29.5m €60.4m €8.6m / €9.2 m 14.2% / 15.2% €32.7m** EBITDA / EBITDA ADJ* (year -end 2024) -2.3% vs H1 2024 +4.9% / +4.8% vs H1 2024 +110 bps* vs H1 2024 €29.8m

  7. Slide 7: Reinforcing STAR7's leadership as a Service Integrator

    Reinforcing STAR7’s leadership as a Service Integrator STRONGER FOOTPRINT IN HIGH-TECH SOLUTIONS In 1H 2025, Experience & Product Knowledge and Engineering jointly accounted for 54.4% of total Group revenues. The higher weight gained in these two service lines enhanced STAR7’s competitive position a

  8. Slide 8: H1 2025 Highlights

    Solid growth in margins and profitability, strong cash generation and financial discipline confirm the Group’s successful approach in a fast -changing environment Resilient topline Revenues at €59.0 million, down 2.3% vs 1H 2024, but stable on a like-for-like basis and at constant exchange rates H1

  9. Slide 9: Financial results

    STAR7 H1 2025 FINANCIAL RESULTS

  10. Slide 10: H1 2025 revenues

    H1 2025 revenues REVENUES (data in €m) ADJ REVENUES* (data in €m) 70.0 70.0 STABLE REVENUES ON A LIKE-FOR-LIKE BASIS AND AT CONSTANT EXCHANGE RATES 60.0 60.0 Following the fast pace of growth achieved in H1 2024 (+18.7% vs 1H 2023), revenues held 50.0 50.0 steady in 1H 2025 (on like-for-like basis a

  11. Slide 11: Revenues breakdown by region

    Revenues breakdown by region STAR7 – an increasingly global company H1 2025 Brazil increased its weight in H1 2025 vs H1 2024, mainly driven by successful up-selling of services to a long-standing Tier-1 client. The weight of revenues in Italy (STAR7’s domestic market) 7.0% continues to shrink. Well

  12. Slide 12: Revenues breakdown by services

    Revenues breakdown by services Despite the discontinued projects, the Engineering service line reached 21.0% of Total Revenues in H1 2025 (up from 20.4% both in H1 and FY 2024), driven by strong international performance, mainly in Brazil, where a leading automotive client provided a significant con

  13. Slide 13: H1 2025 EBITDA ADJ

    H1 2025 EBITDA ADJ EBITDA adjusted (data in €m) 10.0 9.0 9.2 9.6 +5% Change % 8.0 8.6 9.0 H1 2025 VS H1 2024 7.0 INCREASED PROFITABILITY DRIVEN BY 6.0 EFFICIENCY GAINS AND STRATEGIC FOCUS 5.0 In H1 2025, EBITDA posted dynamic growth against stable revenues. 4.0 STAR7 therefore improved its EBITDA ma

  14. Slide 14: H1 2025 EBITDA margin

    H1 2025 EBITDA margin (data in €m) Accelerating the recovery of margins 18.0 20.0% 18.2% OPTIMISATION OF THE ENGINEERING 16.0 16.3% 18.0% SERVICE LINE 15.3% 14.7% 15.2% 16.0% Discontinuation of low-margin projects while 14.0 enriching STAR7’s portfolio with technically advanced 14.0% opportunities p

  15. Slide 15: Net Debt – Debt-to-EBITDA ratio

    Net Debt – Debt -to -EBITDA ratio (data in €m) 40.0 4.50 3.90 Strong deleveraging fuelled 3.80 4.00 35.0 32.7* by cash generation 37.8 CASH OUT 3.50 30.0 CAAR/STI 35.1 31.9 2.58 29.5 3.00 Net Financial Debt decreased to €29.5m 25.0 2.30 27.8 as at 30 June 2025 (from €32.7m as at 2.50 20.0 2024YE), r

  16. Slide 16: Financial sustainability

    Financial sustainability In 1H 2025, stronger financial profile. TOTAL €m Net debt down, no short -term 60.0 31.9 35.1 37.8 32.7 29.5 refinancing needs 7.3 5.2 3.0 50.0 4.3 1.8 In 1H25, cash flow generation drove the reduction in 40.0 the Net Financial Position. 25.0 25.0 29.0 30.0 20.4 27.0 Gross d

  17. Slide 17: Innovation & Sustainability

    STAR7 H1 2025 INNOVATION & SUSTAINABILITY

  18. Slide 18: STAR7 AI solutions

    STAR7 AI solutions With 7AI, we are ushering in a new phase in the evolution of Product Information Services: artificial intelligence is not just a tool, but a value multiplier that strengthens our expertise and unlocks new growth opportunities. The new generation of Product Information Services Tha

  19. Slide 19: Sustainability effort

    Sustainability Having built ESG policies and targets that are well-structured and comprehensive, the next step requires focus on what matters most. effort STAR7 is committed to doing its best to meet the ever-growing requirements on transparent reporting, supplier platform scoring, and supplier cert

  20. Slide 20: ESG performance in FY24

    ESG performance in FY24 Main achievements in the 2024 Sustainability Report include: Total training hours for employees (1,438 @YE), equal 27,500+ to an average of 19.2 training hours per employee. In 2024 STAR7 drew up and FSC certified paper purchases. Paper is the main adopted a new material used

  21. Slide 21: Final remarks

    STAR7 H1 2025 FINAL REMARKS

  22. Slide 22: STAR7 Vision

    STAR7 Vision Enabling our Clients to unlock the benefits of Gen -AI INTEGRATION OF GEN-AI to strengthen competitive positioning and expand the service portfolio, creating added value for clients. BUSINESS MODEL EVOLUTION from service integrator to system/service integrator, ensuring a more end- to-e

  23. Slide 23: Appendix

    STAR7 H1 2025 APPENDIX

  24. Slide 24: Income statement

    Income statement (data in €) 30/06/2025 30/06/2024 Change Change % Net Revenues 59.004.799 60.365.165 -1.360.366 -2,3% Other revenues 499.006 442.626 56.380 12,7% Change in inventories and increases in fixed assets 0 -231.836 231.836 -100,0% External costs 25.793.890 25.626.278 167.612 0,7% Added Va

  25. Slide 25: Balance sheet

    30/06/2025 31/12/2024 Change Change % Balance Net intangible assets Net tangible assets Equity holdings and other financial investments 37.200.303 10.765.603 464.465 33.804.372 10.902.322 434.141 3.395.932 -136.719 30.324 10,0% -1,3% 7,0% sheet Fixed assets 48.430.372 45.140.834 3.289.537 7,3% Inven

  26. Slide 26: Cash Flow Statement

    Cash Flow Statement A. CASH FLOW FROM OPERATIONS (INDIRECT METHOD) 30/06/2025 30/06/2024 (data in €) B. CASH FLOW FROM INVESTING ACTIVITIES 30/06/2025 30/06/2024 Net profit (loss) 1.673.541 1.498.565 Tangible assets Income taxes 1.168.674 1.368.761 (Additions) -560.608 -601.271 Financial charges/(in

  27. Slide 27: Thank you

    THANK YO STAR

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