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SFC Energy AG : 2025 revenue target very ambitious, but we include €100m Toyota Tsusho target

>2025 revenue target very ambitious – we are significantly below - SFC Energy targets €350-400m of revenues by 2025, including €50-100m of M&A based on a yet-to-be-announced target. This revenue target implies a steep revenue growth acceleration to a 55% CAGR from the company’s 2021 mid-point guidance after two years of declining revenues. Although we believe Clean Energy & Mobility is set to report strong growth, supported by the partnership with Toyota Tsusho and co...
Underlying
SFC Energy AG

SFC Energy provides fuel cell generators for off-grid power applications, low and medium voltage electrical machine power products, instrumentation and measurement solutions, gas and flame detection safety systems as well as supervisory control and data acquisition solutions. For the power electronic market, Co. provides high-power electronic components, external and internal converters, switch mode power supplies, and special coils. For the defence and secutiry market, Co. provides portable power solutions that soldiers can use to run the devices they carry while on dismantled deployment. For the consumer market, Co. provides fuel cells used in hybrid operationalong with a solar module.

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.

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