Indústrias Romi: EBITDA in 3Q21 posted a growth of 66.7% compared to 3Q20

Company reached incoming orders of R$415.9 million and order backlog of R$730.6 million at the end of the third quarter of 2021

Santa Bárbara d’Oeste, 26 de outubro de 2021 – Indústrias Romi S.A. (B3: ROMI3), domestic market leader in the Machine Tools and Plastic Processing Machines markets, as well as an important producer of Rough and Machined Cast Iron Parts, reached in 3Q21 a consolidated net operating revenue of R$366.5 million, an increase of 46.3% compared to 3Q20. With the increase in revenue and the effective control over costs and expenses, EBITDA in 3Q21 posted a growth of 66.7% compared to 3Q20.

At the Romi Machines Unit, net operating revenue increased by 53.5% in 3Q21 compared to 3Q20, due to the resumption of orders in the domestic and foreign markets. The increase in revenue, coupled with an effective control over operating expenses, resulted in an increase of 61.2% in operating profit compared to 3Q20.

At the Rough and Machined Cast Iron Parts Unit, net operating revenue increased by 51.6% in 3Q21 compared to 3Q20, with the continuity of deliveries of large parts and the recovery of the other segments. Operating margin grew by 4.4 p.p., reflecting the higher production volume and improved operational efficiency.

Incoming orders at the Romi Machines Unit increased by 16.2% in 3Q21 compared to 3Q20, reflecting the highly favorable environment for investments, the technology in our products and the new business alternatives, such as the machine rental business.

In 3Q21, incoming orders at the Rough and Machined Cast Iron Parts Unit increased by 50.4% compared to 3Q20, reflecting the continuity of orders for large parts placed by customers from the energy industry and the recovery of all the other industrial segments.

In 2021, incoming orders at the Burkhardt+Weber Unit reached R$110.1 million, an increase of 320.5% compared to 2020, reflecting the gradual resumption of projects that had been suspended due to the COVID-19 pandemic.

At the end of 3Q21, the Company’s order backlog reached R$ 730.6 million, an increase of 54.8% in comparison to 3Q20.

“2021 continues to show a favorable environment for investments in domestic markets, and can be seen mainly in the incoming orders for Romi machines. In the foreign market, we have also noted a gradual resumption of machine orders, for machines produced by both Romi and by BW, and the latter completed major orders in 4Q20 and in the first nine months of 2021.

The Company prepared itself, especially in relation to orders for raw materials and components along the supply chain, which have allowed us to serve customers in an appropriate and competitive period. Romi is prepared to continue to support its customers by providing high-technology products, within deadlines suitable to the market’s needs”, mentions Luiz Cassiano R. Rosolen, Romi’s CEO.