NHOA Engineering Center, Milan – Wednesday 26 July 2023

“NHOA has delivered its strongest first half ever, in all business lines, bringing Group revenues up by +48% to €116 million and increasing visibility towards the new full-year targets of €250 to €280 million revenues and EBITDA breakeven at Group level, excluding Atlante.

NHOA Energy performed remarkably well with 5 energy storage projects online in the first half of the year, €250 million rolling order intake and over 1.6GWh in 4 continents, while expanding in new key geographies, like the United Kingdom, with the newly awarded 130MWh projects for Eku Energy.

Atlante keeps the roll-out of its fast and ultra-fast charging network in Southern Europe at record speed, achieving six months earlier than expected more than 3,200 points of charge online and under construction in over 1,000 sites, and most importantly running at 2.4% utilization rate and 20.7% occupancy rate.

Free2move eSolutions starts to show its ability to scale-up the e-mobility market, with revenues in the second quarter achieving 4 times those of the first quarter, looking forward to a remarkable 2023 with €58 million outstanding purchase orders.

We achieved this remarkable performance thanks to the tremendous commitment of our teams, over 500 people of 38 nationalities inspired by the same mission: fighting climate change by fostering the energy transition to clean energy and sustainable mobility, with the goal of being a global technology leader, shaping a sustainable future for the next generations.

This is the mission we live by, and these are the people who will continue to grow along with NHOA in the context of the new People Strategy and thanks to the NHOA Élite Program presented in June 2023, which will provide training and support with world-class experts for physical wellbeing, mental balance and performance optimization”.