Velcan Holdings: Half Yearly Results (consolidated and Unaudited) - Decrease of Net Profit Due to a Negative Financial Result

PRESS RELEASELuxembourg, 30 thOctober 2023 VELCAN HOLDINGS: HALF YEARLY RESULTS (CONSOLIDATED AND UNAUDITED) DECREASE OF NET PROFIT DUE TO A NEGATIVE FINANCIAL RESULT  30.06.202330.06.2022 Var % Turnover Half Year (Million Euros) 0.91.1-20% EBITDA Half Year (Million Euros) 3.0-1.0NA Net Result Half Year (Million Euros) 0.73.6-82%  30.06.202331.12.2022Var % Cash and Financial instruments (Million Euros)...

Luxembourg, 30/10/2023 (informazione.news - comunicati stampa - energia)

PRESS RELEASE

Luxembourg, 30 October 2023

VELCAN HOLDINGS: HALF YEARLY RESULTS (CONSOLIDATED AND UNAUDITED)
DECREASE OF NET PROFIT DUE TO A NEGATIVE FINANCIAL RESULT

Note: half yearly financial statements are not audited

Brief comments on 2023 first half

The complete half yearly report 2023, including the condensed and non-audited financial statements as of 30 June 2023, is available online at http://www.velcan.lu/investors/reports-accounts/

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Investor Relations Contact        investor@velcan.lu

About Velcan Holdings

Velcan Holdings is an investment holding company founded in 2005, managing a global portfolio of participations and investments.

The company was launched more than 15 years ago by its reference shareholder LHP SA, owned by Velcan Holdings' management team.

Velcan Holdings is listed on the unregulated Euro MTF Stock Market in Luxembourg (Ticker VLCN/ISIN FR0010245803). Velcan Holdings never performed any Public Offer as understood under Directive 2003/71/CE of the European Parliament and Council.

Disclaimer

This press release contains prospective information about the potential of the projects in progress and/or of the projects of which the development has begun. This information constitutes objectives attached to projects and shall not be construed as direct or indirect net income forecast of the concerned year. Reader's attention is also drawn on the fact that the performance of these objectives depends on future circumstances and that it could be affected and/or delayed by risks, known or unknown, uncertainties, and various factors of any nature, notably related to economic, commercial or regulatory conjuncture, which occurrence could be likely to have a negative impact on future activity and performances of the Group.

This announcement does not constitute a public offering (“offre au public”) nor an invitation to the public or to any qualified investor in connection with any offering. This announcement is not an offer of securities in the United States of America or in any other jurisdiction/country.

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