Montana Aerospace AG: MONTANA AEROSPACE REPORTS STRONG FY2022 FINANCIALS & EVALUATES OPTIONS TO INCREASE INDEPENDENCY OF ITS ENERGY SEGMENT

[ Report ]

Reinach (pta005/04.04.2023/07:00) - AD HOC ANNOUNCEMENT
Reinach (Aargau), 04 April 2023
[ Ad hoc announcement pursuant to art. 53 SIX Listing Rules ]

Montana Aerospace AG reports strong FY 2022 financials at 65% sales growth and solid adj. EBITDA performance (+139%) as well as evaluates options to increase the independency of its energy business segment, including an IPO.

Montana Aerospace AG (the "Company") and its operating subsidiaries (the "Group" or "Montana Aerospace"), a leading, highly-vertically integrated manufacturer and supplier of system components and complex assemblies for the aerospace-, e-mobility- and energy industry with worldwide engineering and manufacturing operations, publishes its FY 2022 annual report today.

HIGHLIGHTS 2022

* Financials: Net sales grew by 65.3% yoy to EUR 1,306.1 million; strong adj. EBITDA [ 1 ] performance of EUR 134.2 million (+139.4% yoy) through strong contribution from the E-mobility and Energy segment but also to a considerable extent backed by one-off effects
* Segment net sales: Aerostructures: +123%, E-mobility: +56% and Energy: +25%
* Segment adj. EBITDA: Aerostructures: +62%, E-mobility: +273% and Energy: +292%
* Balance Sheet: Net debt considerably reduced to EUR 279.4 million (Net Debt / EBITDA

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