Strong revenue growth with lower profitability due to higher production costs and supply chain disruptions.

Trading update Q3 2022                                                                                                                       

• Revenue increased in the first 9 months by 35.2% to 247 million euro, compared to 182.7 million euro over the same period last year.
• The orders received increased by 25.2% compared to the same period last year, with several price increases introduced to compensate for our rising costs.

Outlook                                                                                                                       

Due to the continued impact of higher production costs and supply chain disruptions we expect to end the year with an EBIT in the range of 18 to 22 million euro.