SFC Energy AG: Forecast for financial year 2023 exceeded
February 05, 2024 at 08:38 am EST
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EQS-Ad-hoc: SFC Energy AG / Key word(s): Preliminary Results
SFC Energy AG: Forecast for financial year 2023 exceeded
05-Feb-2024 / 14:36 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
SFC Energy AG: Forecast for financial year 2023 exceeded
Brunnthal/Munich, Germany, 5 February 2024: Based on preliminary figures and while the audit is still ongoing, the Company expects that the forecast key financial figures for the 2023 financial year will be exceeded: The Company now anticipates preliminary consolidated sales of around EUR 118 million (forecast: EUR 115 - 117 million) and, on the earnings side, adjusted EBITDA of around EUR 15 million (forecast: EUR 13.0 - 14.1 million) and adjusted EBIT of around EUR 9.5 million (forecast: EUR 7.5 - 8.6 million). These forecast exceedances are mainly due to an improved product mix and additional sales and income in the fourth quarter.
The preliminary key figures for the financial year 2023 and the forecast for the current financial year will be published as announced on 22 February 2024.
SFC Energy IR Contact:
Susan Hoffmeister
Tel. +49 89 125 09 03-33
Email: susan.hoffmeister@sfc.com
Web: sfc.com
End of Inside Information
05-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
SFC Energy AG
Eugen-Sänger-Ring 7
85649 Brunnthal-Nord
Germany
Phone:
+49 (89) 673 592 - 100
Fax:
+49 (89) 673 592 - 169
E-mail:
ir@sfc.com
Internet:
www.sfc.com
ISIN:
DE0007568578
WKN:
756857
Indices:
SDAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
SFC Energy AG (SFC) is a Germany-based company, operating in the fuel cell sector. It develops, produces and distributes fuel cell products based on direct methanol fuel cell (DMFC) technology. The companyâs activities are divided into three business segments. In the Consumer segment fuel cells are used to supply power to recreational vehicles, sailing yachts, vacation cottages and sailboats. The Industry segment provides applications in security and surveillance, traffic management, wind power, environmental technology and oil and gas sectors, as well as sells electronic components for integration into defense equipment, testing and metering systems. The Defense & Security segment covers defense and security applications for defense organizations and governments. SFCâs products portfolio encompasses the JENNY 600S, the vehicle-based EMILY 3000, the EMILY Cube 2500, the SFC Power Manager and network systems.
SFC ENERGY AG 
