Tenax International, significant increase in the order book

FullSix closes 2021 in negative Strategic repositioning continues

(Finance) – Tenax Internationala manufacturer of 100% electric machines for urban hygiene listed on Euronext Growth Milan, announced that the sum of turnover and order book machines (excluding revenues from spare parts and assistance) stands at a 12.5 million euros, equal to 130% of the machinery turnover recorded in all of 2021 (9.6 million euros). Based on the expected delivery times, 11.2 million euros are valid for 2022 (equal to 117% of what was recorded in 2021) and 1.3 million euros for 2023. Of the orders being processed in current year, 7.4 million euros are expected to apply to the first half of 2022, equal to 190% of the machinery turnover in the first half of 2021.

“The sales figures for these first three months of 2022 indicate a very evident trend growth for the Tenax business, if you consider that in just one quarter we have collected orders for machines for an amount practically equal to the turnover in 2021 – he commented. the CEO Vincenzo Guareschi Geddes from Filicaia – In our history we have never found ourselves managing orders with such a long time horizonwhich is even more significant if we consider the historical concentration observed in the second half of the year compared to the first “.

“We consider to particular satisfaction is also the fact that this growth is already manifesting itself in this first half of the yearin which – orders in hand and if we confirm the delivery forecasts – we record a prospective growth of about 90% compared to the first half of 2021 – he added – All these data make us look with optimism and conviction at the investment plan we are bringing forward in terms of developing new products and opening new markets “.

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