Forsee Power : After an (anticipated) warning over FY top line, 2025 growth trajectory remains hazy
>Lower lithium battery prices push adjusted EBITDA into positive territory - With € 84m in (previously) reported sales, up 7% YoY, the adjusted EBITDA figure was positive for the first time at € 1m (in line with and vs -€ 3.8m in H1 2023), boosted mainly by the fall in battery prices (as a result of a fall in the prices of raw materials, particularly lithium). Opex remained under control. Net profit was less negative than expected (-€ 3m vs. -€ 11.5m), due to a combi...
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.
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