Earnings release
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nexi GROUP FINANCIAL RESULTS AS OF JUNE 30TH 2021 APPROVED VOLUME AND FINANCIAL PERFORMANCE ACCELERATION . • . • • Revenues at € 539.5 million in 1H21 , + 12.9 % Y / Y ; € 280.9 million in 2Q21 , + 22.6 % Y / Y EBITDA at € 298.2 million in 1H21 , + 13.9 % Y / Y ; € 158.3 million in 2Q21 , + 26.9 % Y / Y Volume acceleration in the second quarter , with strong performance in Basic Consumption , continued recovery in Discretionary Consumption and fast recovery in High impact Consumption . From mid - July all macro - sectors back to grow versus 2019 , double - digit growth on Italian cards Journey for creating the European PayTech Leader well progressing . Nets ' merger effective from July 1st . Possible 10 % + upside of recurring cash synergies in the long term in addition to the previously announced € 320 million Nexi + Nets results : Revenues at € 1,039.5 million in 1H21 , + 9.3 % Y / Y ( € 547.4 million in 2Q21 , + 18.4 % Y / Y ) and EBITDA at € 446.1 million in 1H21 , + 10.8 % Y / Y ( € 246.0 million in 2Q21 , + 23.5 % Y / Y ) • Improved 2021 Nexi + Nets Ambition with revenue ambition at c . + 10 % Y / Y and EBITDA ambition between + 11 % Y / Y to + 13 % Y / Y on a larger and more diversified base Milan , July 30th 2021 - The Board of Directors of Nexi S.p.A. approved the Group's consolidated financial results as of June 30th 2021 . Following the gradual easing of the restrictions imposed at national level starting from mid - April , 2Q21 transaction volumes ( acquiring + issuing ) strongly recovered at 116 € B , + 31 % vs 2Q20 and -2 % vs 2Q19 . In particular , 2Q21 Italian Cards accelerated the growth compared to pre - Covid levels while Foreign Cards volumes , although still negative , recovered fast . Looking at the macro consumption categories , Basic consumptions strongly performed with a double - digit growth ( + 18 % vs 2Q20 and + 32 % vs 2Q19 ) 1 , Discretionary consumptions continued their recovery trend compared to 2019 and , finally , High impact consumptions strongly accelerated ( in particular restaurants and bars ) . In the first semester E - commerce continued to strongly perform with volumes up + 54 % vs 1H19 and + 15 % vs 1H20 , net of high impact consumption sectors ( i.e. travel / tourism related sectors , restaurants ) ¹ . 1 Data include International schemes only for Nexi Payments , International and national schemes for MePS . Sales volumes only Nexi SpA 1 Corso Sempione 55 , 20149 Milan , Italy T. +39 02 3488.1 ⚫ F. +39 02 3488.4180 www.nexi.it Milan , Monza Brianza and Lodi Registry of Companies , Tax Code 09489670969 Representative of the Nexi VAT Group - VAT 10542790968 Milan Register of Economic Activities ( REA ) 2093618 Share Capital € 94,036,905.00 i.v.