5 August 2024, 08:05
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Saluzzo (CN), 5 August 2024 – eVISO S.p.A. (simbolo: EVISO) – COMMOD-TECH company, listed on the EGM, with a proprietary artificial intelligence infrastructure that operates in the raw materials sector (electricity, gas, apples) – announces that it has signed a gas supply contract with a leading industrial company for an amount of over 2 million cubic meters per year equivalent to an annual turnover exceeding € 1.6 million[1].
This contract, the result of intense work to optimize the international gas supply chain, demonstrates eVISO’s ability to offer gas-intensive customers a high added value offer, as has already happened in the electricity sector over the last 10 years.
In the fiscal year 2022/2023, eVISO delivered 1.7 Mmc of gas in 12 months, volumes that grew to 3.6 Mmc in the 9 months from July 2023 to March 2024. In May 2024, the gas volumes combined with eVISO were 5.5 Mmc.
The contract signed today is therefore significant both because it is aimed at gas-intensive users, a new segment compared to the domestic users and SMEs served so far, and for its size as it is greater than what was delivered in the entire fiscal year 2022/2023.
Franco Pancino, commercial director of eVISO, commented: “The gas supply volume numbers indicate a strong acceleration compared to the historical growth trend. With the contract signed today, eVISO has entered the gas-tech segment also towards gas-intensive industrial customers, in addition to the domestic and SME customers already served. I expect a lively semester in both the gas and electricity segments”.
Carlo Cigna, director of the Algo Intelligence department at eVISO, commented: “The technological platform developed by eVISO and the international optimization of the value chain also in the gas segment allows eVISO to build extremely competitive offers combined with unique technologies.”
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This press release is available in the Investor Relations section of the website www.eviso.ai.
For the transmission of Regulated Information, the Company uses the EMARKET SDIR dissemination system available at www.emarketstorage.com, managed by Teleborsa S.r.l. – with headquarters Piazza di Priscilla, 4 – Rome – following the authorization and CONSOB resolutions n. 22517 and 22518 of 23 November 2022.
[1] Estimated potential turnover value calculated on the basis of the average gas price recorded in the months of July 2023-March 2024 equal to €0.79 smc (company data)