This morning we published our Q2 and HY1 2023 results, and these are the highlights:



· HY1 2023 revenue increased by 7% to EUR 273.7 million (HY1 2022: EUR 256.8 million)

· Q2 2023 revenue grew by 8% to EUR 136.9 million (Q2 2022: EUR 126.9 million)

· Normalized HY1 2023 EBITDA was EUR 29.7 million, down by 3% from EUR 30.5 million in HY1 2022

· Normalized Q2 2023 EBITDA was EUR 14.0 million, up by 2% from EUR 13.7 million in Q2 2022

· The new manufacturing facility in Suzhou Industrial Park is now fully operational

· China remains on track to launch 7 new Automotive E projects in the coming quarters

· The long-term outlook remains positive with growth opportunities driven by the global transition towards electrification and clean energy

Attached you will find the PDF with the complete press release. This information is also posted on Kendrion.com.

At 11.00 a.m. CET, CEO Joep van Beurden and CFO Jeroen Hemmen will hold the Analysts’ meeting and audio webcast. The recording of the webcast will also be posted on the website as soon as it is available on the same above-mentioned page.