France's Charwood Energy H1 revenue rises on new projects

Charwood Energy SA

21/09/2026 16:54

Overview
France biomass energy firm's H1 revenue rose 43% yr/yr to €5.6 mln
Growth driven by new third-party project wins, including district heating and green gas initiatives
Confirmed orders up 20% yr/yr to €12 mln, increasing visibility for coming quarters

Outlook
Company says secured orders worth €12 mln provide increased visibility for coming quarters
Charwood Energy expects to announce additional projects in H2 2026

Result Drivers
THIRD-PARTY PROJECT WINS - Co said new projects for external clients, including district heating for Stellantis and green gas demonstration for GRDF, boosted activity
ORDER BOOK EXPANSION - Confirmed orders from third-party customers rose 20% yr/yr to €12 mln, increasing revenue visibility
PROPRIETARY PLANT DEVELOPMENT - Co said several power plants are under development, including a syngas facility for Verallia France

Company press release: ID:nEQbkNK4la

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 5.60 mln
 

Analyst Coverage
The one available analyst rating on the shares is "strong buy"
Wall Street's median 12-month price target for Charwood Energy SA is €5.50, about 70.8% above its September 18 closing price of €3.22

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)