NOXSO Q1 2023 Investor Presentation

NOXSO reported Q1 2023 revenues of EUR 447.4m, up 20.4% year-over-year, driven by 13% acquired and 7.4% organic growth. Aftermarket recurring revenues reached 43% of total, reflecting strong market position and progress toward the 2026 target of 50% from software and services. The company faces near-term headwinds from rising interest rates and inflation, though a strong pipeline and long-term automation trends support continued organic growth.