Brief: NHOA Targets Revenues Of EUR 26-40 Mln In 2021

Nhoa SA

23/07/2021 06:07

July 23 (Reuters) - NHOA SA  NHOA.PA :
    * NHOA MASTERPLAN10X AND STRATEGIC AMBITIONS EUR 230 MILLION
NEW
FINANCIAL RESOURCES CONTEMPLATED
    * MASTERPLAN 10X: SET SHORT-TERM TARGETS FOR NHOA FOR 2021
AND
2022, ANNOUNCING REVISED GUIDANCE
    * MASTERPLAN 10X: DEFINE NHOA'S LONG-TERM OUTLOOK FOR 2025
AND
2030
    * CREATION OF A NEW GLOBAL BUSINESS LINE NAMED "ATLANTE"
    * REVENUES TARGET AND LONG-TERM OUTLOOK 2021: €26 TO €40
MILLION,
DEPENDING ON EMOBILITY RAMP-UP AND STORAGE SUPPLY CHAIN DELIVERY
SCHEDULES
    * REVENUES TARGET AND LONG-TERM OUTLOOK 2022: €100 (10X 2020
REVENUES) TO €150 MILLION, DEPENDING ON EMOBILITY RAMP-UP AND
STORAGE PROJECTS EXECUTION SCHEDULE
    * NHOA SA SEES 2021 EUR 26 TO EUR 40 MILLION IN REVENUE
    * REVENUES TARGET AND LONG-TERM OUTLOOK 2030: OVER 15X
NHOA'S 2022
REVENUES
    * TARGET EBITDA MARGIN 2030: MID-DOUBLE DIGIT (C.15%)
    * TARGET EBITDA MARGIN 2025: LOW-DOUBLE DIGIT (OVER 10%)
    * TARGET EBITDA MARGIN 2022: EBITDA BREAKEVEN
    * REVENUES TARGET AND LONG-TERM OUTLOOK 2025: OVER €600
MILLION,
REPRESENTING 150% OF THE 2025 MANAGEMENT AMBITION ANNOUNCED IN
2019

Source text for Eikon:  ID:nBwbsG8Pha 
Further company coverage:  NHOA.PA 

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