Report
Paul de Froment ...
  • Sebastián Marroquin Mérida
  • Thomas Mordelle

NHOA: FY23 slightly better than expected

NHOA has reported FY23 revenues this morning with overall sales at EUR273.3m (vs consensus at EUR253.3m and BGe at EUR249.6m). By segment, NHOA Energy, F2MeS and Atlante posted EUR204.9m, EUR64.7m and EUR3.7m respectively. At the Group level, EBITDA loss reached EUR14.4m (vs consensus at -EUR18.2m
Underlying
Engie EPS SA

Engie Eps SA, formerly know as Electro Power Systems, is a France-based technology company. It focuses on energy storage systems and microgrids towards renewable sources and decentralized energy production. The Company owns a portfolio of hybrid energy storage systems (HyESS) offering fully integrated storage solutions for a wide range of applications, such as grid support and distributed energy solutions, microgrids and storage technologies, among others. The Company's technology is a spin-off of the Turin and Milan Polytechnics, is protected by 130 patents, registered in 33 countries worldwide and over 500 registered industrial secrets.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Paul de Froment

Sebastián Marroquin Mérida

Thomas Mordelle

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