Report
Thijs Berkelder ...
  • Usama Tariq

SFC Energy AG : Continued strong execution as visible from H1 results

>SFC reports an outstandingly strong H1 with margins above our expectations - The company reported its half year H124 results with sales at €70.9m (-7% lower vs AA-OB of €76.1m), up 24% year on year (yoy) against €57.1m in H1 2023. However margins exceeded our expectations, where gross margin for H1 came at 41.7% as compared to AA-OB of 41.2% whereas underlying EBITDA margin came a 17.7% vs AA-OB of 15.7%. Gross profit increased 35% year on year whereas underlying EBI...
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.

Analysts
Thijs Berkelder

Usama Tariq

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