STIF rallies on strong H1, Portzamparc keeps 'Buy'

Stif France SAS

01/10/2025 09:05

** Shares in French industrial safety equipment maker STIF ALSTI.PA rise about 3.5%, pares gains after rising as much as 12.2%, after its H1 update released on Tuesday

** Portzamparc highlights that profitability held up well despite a still-gradual Asian ramp and limited pricing effects, and expects cash generation to improve as working-cap needs ease by year-end

** "This release confirms ongoing momentum and the preservation of very strong profitability in battery energy storage system activities", the broker says

** The company revised its 2030 guidance upwards with revenue now targeted at 200 million euros and EBITDA margin of over 20%

** Up to the previous session's close, shares were up 173.5%​ YTD

($1 = 0.8511 euros)

 (Reporting by Jérôme Terroy)

 ((jerome.terroy@thomsonreuters.com))