Report
Gautier Le Bihan

WAGA ENERGY : A significant increase in sales with good cost controls

>Sales up 87% and an improvement to EBITDA - This morning, Waga Energy published its H1 2024 results. Sales were € 25.6m, up 87% y-o-y, a shade above our forecast (ODDO BHF € 25.0m). Therefore some 50% of revenue was generated internationally and growth was driven, amongst other things, by the biomethane injected into the grid. In H1 2024, Waga Energy injected 250 GWh of biomethane, i.e. a 79% increase y-o-y. EBITDA was -€ 2.5m (vs -€ 3.1m in 2023) also above our fore...
Underlying
WAGA ENERGY SA

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Gautier Le Bihan

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