SIT Q3 Report 2022

SIT: Board of Directors approved financial results

SIT reports for 9M 2022:

for the 9 months 2022

• Consolidated revenues of Euro 290.4 million (+1.5% on 9M 2021);
• Heating Division sales of Euro 234.8 million (+6.3% on 9M 2021);
• Metering Division sales of Euro 51.4 million (-17.1% on 9M 2021);
• Consolidated Net Profit of Euro 10.5 million (+15.2% on 9M 2021);
• Net financial position at September 30, 2022 of Euro 138.7 million (Euro 123.6 million at September 30, 2021).