A.b.p. Nocivelli S.p.a. · MIL:ABP
A.b.p. Nocivelli — FY2025/26 Earnings Presentation
26 slides from A.b.p. Nocivelli's earnings presentation, Sep 28, 2026
Slide 1: ABP Nocivelli FY 2025–2026 Financial Results
ABP Nocivelli FY 2025–2026 Financial Results 28th September, 2026
Slide 2: Agenda
Agenda 1. Key FY25/26 Business Highlights 2. Financial Results 3. Outlook Annex
Slide 3: 1. Key FY25/26 Business Highlights
1. Key FY25/26 Business Highlights
Slide 4: Key FY25/26 Business Highlights
Key FY25/26 Business Highlights Solid progress across operating activities Reflecting the Group’s focus on Construction and Services following the discontinuation of the residual petroleum products division, with additional contribution from PNRR-related works Torino and Novara healthcare PPPs remai
Slide 5: Backlog and Revenue Visibility
Backlog and Revenue Visibility € 1.9 bn Average contract duration ~25–30 years Total Backlog to 2035 Strong long-term revenue visibility €1.5bn €400m Underpinned by contracted backlog and long-duration PPP concessions Contracted Backlog Novara Hospital PPP Project
Slide 6: Main Strategic Projects – Italy
Main Strategic Projects – Italy Torino – Parco della Salute Novara – Città della Salute Healthcare infrastructure leadership Growing footprint in national infrastructure Malpensa Infrastructure Strategic infrastructure and PPP projects
Slide 7: 2. Financial Results
2. Financial Results FY 2025–2026
Slide 8: Key Financial Highlights
Key Financial Highlights €89.3mn €17.8mn ~20% EBITDA EBITDA Margin Value of Production €15.4mn €12.2mn €67.3mn EBIT Net Result Net Cash
Slide 9: Solid growth in Value of Production
Solid growth in Value of Production Performance reflects the continued positive development of the Group’s operating activities during the period VALUE OF PRODUCTION VALUE OF PRODUCTION LIKE FOR LIKE 89.3 €mn (excluding petroleum product sales activities in FY24/25) +4.7% YoY +7.2% YoY
Slide 10: Strengthening Operating Profitability
Strengthening Operating Profitability EBITDA and EBIT both improved YoY, confirming a further enhancement in operating performance and margins EBITDA 17.8 €mn EBIT 15.4 €mn +6.2% YoY +7.9% YoY
Slide 11: Net Profit Growth and Dividend Proposal
Net Profit Growth and Dividend Proposal Net profit growth supports continued shareholder remuneration through dividends, while further strengthening the Company’s reserves NET INCOME DIVIDEND DISTRIBUTION PROPOSED 12.2 €mn 0.07€ p/s +5.6% YoY
Slide 12: Solid Financial Position
Solid Financial Position A consistently positive net financial position and debt-free profile provide the financial flexibility to pursue new opportunities and support the execution of recently awarded contracts NET FINANCIAL POSITION (CASH) 67.3 €mn
Slide 13: 3. Outlook
3. Outlook
Slide 14: Outlook
Outlook Operations remain in line with expectations, supporting positive profitability going forward Main tender procedures • Turin: Conferenza di Servizi completed and detailed design phase launched • Novara: concession agreement signed, with preparatory activities for the Conferenza di Servizi and
Slide 15: Questions and Answers
Questions and Answers Your Questions Matter We're now ready to address any questions you may have about our presentation.
Slide 16: Safe Harbour
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
Slide 17: Annex
Annex
Slide 18: Company at a Glance
Company at a Glance Italian Energy Service Company (ESCo) focused on public infrastructure Integrated capabilities across design, construction and long-term services Strong positioning in healthcare infrastructure Founded in 1963 Listed on Euronext Growth Milan
Slide 19: 60 Years of Industrial Evolution
60 Years of Industrial Evolution 2023 2025 • Tenders worth ≈€30 million for • Contract for the design, construction and works relating to the PNRR management of the new “Parco della Salute, (construction and plant works della Ricerca e dell’Innovazione” in Turin 1963 aimed at healthcare facilities a
Slide 20: Sustainability as a Priority
Sustainability as a Priority Environmental Protection Social Responsibility • Reduction in energy consumption (-8%) and GHG • Provided 2,542 hours of employee training emissions (Scope 1 and 2 -9%) • Supports local area through numerous initiatives and • Photovoltaic system avoided 12 tCO2e62 donati
Slide 21: Shareholder Structure
Shareholder Structure Board of Directors 0.89% 3.55% 11.33% • Bruno Nocivelli - Chairman Bruno Nocivelli Laura Salvatore • Nicola Turra - Chief Executive Officer Nicola Turra 26.60% 57.63% • Laura Salvatore - Director Alessandra Perego Market • Alessandra Perego - Director • Francesco Landriscina -
Slide 22: Profit & Loss
Profit & Loss Income Statement (€/000) 30/06/26 30/06/25 Total change Change % Revenues from sales and services 81,636 81,470 166 0.2 Changes in inventories 6,921 2,419 4,502 186.1 Consumption of raw materials (18,977) (19,185) 208 -1.1 General expenses (44,468) (41,462) (3,006) 7.3 Added value 25,1
Slide 23: Balance Sheet
Balance Sheet Balance Sheet (€/000) 30/06/26 30/06/25 Total change Change % Inventories 25,646 18,725 6,921 37.0 Trade receivables 18,085 17,296 789 4.6 Trade payables (10,592) (10,210) (382) 3.7 Advances (20,318) (17,153) (3,165) 18.5 Trade Working Capital 12,821 8,658 4,163 48.1 Other assets 6,364
Slide 24: Net Financial Position
Net Financial Position Total Net Financial Position (€/000) 30/06/26 30/06/25 Change % change A. (Cash) (5) (4) 1 25.0% B. (Bank and postal deposits) (47,091) (62,419) (15,328) -24.6% C. Securities held for trading (20,175) 0 20,175 0 D. Liquidity (A) + (B) + ( C) (67,271) (62,423) 4,848 7.8% E. Cur
Slide 25: Cash Flow
Cash Flow 30/06/2026 30/06/2025 A) Cash flows from operating activities 1) Profit for the year (before income taxes, interest, dividends and gains/losses on disposals) 15,374,702 14,245,407 Total adjustments for non-monetary items (not offset in net working capital) 2,461,115 4,871,474 2) Cash flow
Slide 26: Thank You
Thank You Website Investor Relations Visit us online for more information. Contact for investor inquiries. www.abpnocivelli.it [email protected]