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F3C — SFC Energy AG News Story

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SFC Energy up 8% pre-market after another outlook upgrade

BUZZ-SFC Energy up 8% pre-market after another outlook upgrade

** Shares of SFC Energy F3CG.DE are seen up 7.7% in pre-market trade after the fuel cell producer raised its earnings outlook for the third time this year

** It now expects annual adjusted EBITDA of between €36-€38 million and adjusted EBIT of €25.5-27.5 million

** The company had already upgraded its earnings outlook in August and in May

** "Dynamic growth and an increasingly higher-margin product mix are driving a disproportionate increase in our operating earnings power," CEO Peter Podesser says

** As of Thursday's close, the stock was up 49% YTD


(Reporting by Amir Orusov)

((Amir.orusov@thomsonreuters.com))

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