El.En. completes sale of 80% stake in Cutlite to TRUMPF

• El.En. completed the sale of 80% of laser-cutting business Cutlite to TRUMPF on November 5, 2026, implementing the August 7 agreement.
• Maximum consideration is approximately EUR 21 million, including approximately EUR 13 million paid in cash at closing.
• The remaining consideration will depend on financial results as of December 31, 2029, subject to contractual price adjustments.
• The group retains a 20% stake for three years; Cutlite leaves its full consolidation perimeter at closing.
• An approximately EUR 4 million loss is expected; deconsolidation removes approximately EUR 24 million in net financial debt at June 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. El.En. S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0481-69-2026_TELEBORSA.pdf), on November 05, 2026, and is solely responsible for the information contained therein.