Brief: SFC Energy Says Preliminary Figures Exceed 2023 Forecast
22/02/2024 06:41
Feb 22 (Reuters) - SFC ENERGY AG F3CG.DE :
* RELEASES PRELIMINARY GROUP FIGURES FOR 2023 – FURTHER
RECORD
GROWTH AND SIGNIFICANTLY IMPROVED PROFITABILITY – FORECAST:
CONTINUED PROFITABLE GROWTH
* FORECAST FOR 2023 EXCEEDED, ALSO DUE TO STRONG Q4
CHARACTERIZED
BY AN ATTRACTIVE PRODUCT MIX
* FORECAST FOR 2024: SALES GROWTH OF APPROX. 20% TO APPROX
* ORDER BACKLOG INCREASES TO EUR 81,300 THOUSAND AS OF 2023
BALANCE SHEET DATE (DECEMBER 31, 2022: EUR 74,176 THOUSAND)
* NORTH AMERICA AND ASIA FASTEST-GROWING REGIONS
* FORECAST FOR 2024: SALES GROWTH OF APPROX. 20% TO APPROX.
30% TO
EUR 141.7 MILLION TO EUR 153.5 MILLION
* FORECAST 2024: ADJUSTED EBITDA OF EUR 17.5 MILLION TO EUR
22.4
MILLION AND ADJUSTED EBIT OF EUR 9.8 MILLION TO EUR 14.7 MILLION
* IN UK, TRANSFER OF IP HAS BEEN SUCCESSFULLY COMPLETED,
CONSTRUCTION IS PROGRESSING ACCORDING TO PLAN AND PRODUCTION
WILL COMMENCE IN Q2 OF 2024
* PRELIM. FY: SALES IN CLEAN POWER MANAGEMENT SEGMENT
INCREASED BY
41.7% TO EUR 39,116 THOUSAND (2022: EUR 27,597 THOUSAND)
Source text for Eikon: ID:nEQ1Dfwbla
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