France's Forsee Power 2025 revenue misses estimates as heavy vehicle sales drop

Forsee Power SA

29/01/2026 06:40

Overview

France-based battery systems provider's 2025 revenue declined 20.3% yr/yr, slightly missing expectations

Company faces reduced visibility in orders due to cell price drop and competition

Company implements RePower27 plan to restore profitability and growth by 2027

Outlook

Forsee Power confirms adjusted EBITDA target of €-3 mln for fiscal year 2025

Company anticipates gradual recovery in activity from 2027 onwards

Forsee Power continues RePower27 plan to restore profitability and prepare for growth

Result Drivers

HEAVY VEHICLE SALES - Revenue from heavy vehicles dropped 63.3% in Q4 2025, contributing to overall decline

ORDER BOOK VISIBILITY - Reduced visibility in order book due to cell price drop and program delays, impacting revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Slight Miss*
EUR 121 mln
EUR 121.75 mln (2 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy."

Wall Street's median 12-month price target for Forsee Power SA is €0.36, about 34.2% above its January 28 closing price of €0.26

Press Release: ID:nBwbd50QGa

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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.)